NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55| 200 QUESTIONS| GRADED A

NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55| 200 QUESTIONS| GRADED A
Question 1: Which type of life insurance policy is best suited for
paying off the outstanding balance of a 30-year mortgage in the
event of the insured's death?
CORRECT ANSWER: 30-year decreasing term.
Question 2: How many days notice does the ACA require
insurers to give before rescinding coverage?
CORRECT ANSWER: 30
Question 3: A signed good health statement may be requested
by a life producer at the time of
CORRECT ANSWER: Policy Delivery
Question 4: Carol purchases a whole life policy that provides a
choice of dividend options. This policy is required to include a
statement that the dividends are

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