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California Life Accident And Health Insurance State Exam Questions And Answers
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Question Number 19
IN A REPLACEMENT TRANSACTION, ALL OF THE FOLLOWING ARE INSURER DUTIES AND RESPONSIBILITIES, EXCEPT:AMAINTAIN COPIES OF THE INFORMATION PROVIDED BY THE PRODUCERBABIDE BY THE STATE REQUIRED HOLDING PERIOD FOR ALL REPLACEMENT DOCUMENTATIONCNOTIFY THE EXISTING INSURERDCONTACT THE CLIENT TO ASSURE THAT THEY UNDERSTAND THE TRANSACTION
DCONTACT THE CLIENT TO ASSURE THAT THEY UNDERSTAND THE TRANSACTION
✔ Correct Answer:
DCONTACT THE CLIENT TO ASSURE THAT THEY UNDERSTAND THE TRANSACTION
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