Alabama Insurance Producer License Test | 90 Questions with 100% Correct Answers | Verified | Latest Update 2024

Employer health plans must provide primary coverage for individuals with end-stage renal disease before medicare becomes primary care for how many months? - 30 months the sole beneficiary of a life insurance policy dies before the insured. the policy will then go to? - The insured's estate An insured buys a 5-year level premium term policy with a face amount of $100,000. The policy also contains renewability and convertibility options. When the insured renews the policy in five years, what happens to the premium? - it increases because they are 5 years older and not fit into an older homogenous group. Workers Comp is regulated by? - State Government All the following are dividend options except: - Fixed period installments. which of the following is NOT the consideration in a policy? - The application given to a prospective insured. When the insured selects that extended term nonforfeiture option, the cas value will be used to purchase term insurance with what face amount? - Equal to the original policy for as long as the cash values will purchase