In order to sell long-term care insurance, all of the following things must happen EXCEPT: (select all that apply) The product must be approved in the state where the sale is to be made. Proper long-term care contract amendments have been signed by the financial representative and filed with the Contract and License Division in the home office. The financial representative must have a Series 6 license; valid in the state where the sale is to be made. The financial representative has completed the Essentials of Long-Term Care product qualification training with a passing grade on the exam. The financial representative must complete an initial state-approved LTC training course and ongoing refresher LTC training every two years thereafter.
In order to sell long-term care insurance, all of the following things must happen EXCEPT: (select all that apply) The product must be approved in the state where the sale is to be made. Proper long-term care contract amendments have been signed by the financial representative and filed with the Contract and License Division in the home office. The financial representative must have a Series 6 license; valid in the state where the sale is to be made. The financial representative has completed the Essentials of Long-Term Care product qualification training with a passing grade on the exam. The financial representative must complete an initial state-approved LTC training course and ongoing refresher LTC training every two years thereafter.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
12
ASAP...
Transcribed Image Text:In order to sell long-term care insurance, all of the following things must happen
EXCEPT: (select all that apply)
The product must be approved in the state where the sale is to be
made.
Proper long-term care contract amendments have been signed by the
financial representative and filed with the Contract and License Division
in the home office.
The financial representative must have a Series 6 license; valid in the
state where the sale is to be made.
The financial representative has completed the Essentials of Long-Term
Care product qualification training with a passing grade on the exam.
The financial representative must complete an initial state-approved LTC
training course and ongoing refresher LTC training every two years
thereafter.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education