Ga state license practice exam (9)

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Miami Dade College, Miami *

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MISC

Subject

Law

Date

Nov 24, 2024

Type

pdf

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1

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GA State License Practice Questions and Answers (Latest 2023/24) If Bob committed suicide after the Suicide clause expired, what will the insurer do with Bob's policy? - correct answers Pay the death benefit because the suicide clause expires after 2 years If Bob committed suicide before the two year suicide clause expired, what will the insurer do with Bob's policy? - correct answers Return all paid premiums to the beneficiary Portability is the major advantage of which Federal regulation for Group Health Insurance? - correct answers Health Insurance and Portability Act (HIPPA) A clause that states that the policyowner must pay a premium in exchange for the insurer's promise to pay the benefits is called? - correct answers Consideration Clause Lump Sum Life Settlement Options are taxable. True or False? - correct answers False - they are not taxable
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