Hawaii Life Insurance Exam With 100% Correct Answers 2024, Exams of Nursing

Download Hawaii Life Insurance Exam With 100% Correct Answers 2024 and more Exams Nursing in PDF only on Docsity! Hawaii Life Insurance Exam With 100% Correct Answers 2024 Accelerated Benefits - Correct Answer-Riders attached to life insurance policies which allow death benefits to be used to cover nursing or convalescent home expenses Whole Life Insurance - Correct Answer-Insurance that is kept in force for a person's entire life and pays a benefit upon the persons death, whenever that may be. Accidental Death Benefits - Correct Answer-A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death. Warranty - Correct Answer-A material stipulation in the policy that if betrayed may void coverage. Waiver of Premium - Correct Answer-Continuation of life insurance coverage if the insured becomes totally disabled Nd j Greer pg. 1 professoraxe l domestic insurer are examined by the Commissioner - Correct Answer-5 yrs amount of time an insurer has to respond to Commissioner regarding a complaint - Correct Answer-15 days amount of time for applicant to demand hearing - Correct Answer-10 days amount of time the commissioner has to hold a hearing after receipt of application - Correct Answer-30 days amount of time within which a hearing must be held for denial, suspension or revocation of a license - Correct Answer-20 days age to apply for license - Correct Answer-18 yrs old temporary license period - Correct Answer-180 days file notice of producer appointment - Correct Answer-15 days pg. 2 professoraxe l