Popular courses 'Arkansas Life Insurance' at Arkansas Life Insurance
Arkansas Life Insurance Study guides, Class notes & Summaries
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Arkansas Life Insurance Exam Questions With 100% Correct Answers | Verified | Updated 2024
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Arkansas Life Insurance Exam Questions With 100% Correct Answers | Verified | Updated 2024
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ARKANSAS LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023
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ARKANSAS LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023
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ARKANSAS LIFE INSURANCE EXAM QUESTIONS AND ANSWERS 100% PASS
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ARKANSAS LIFE INSURANCE EXAM QUESTIONS 
AND ANSWERS 100% PASS 
J is a producer who has induced an insured through misrepresentation to surrender an 
existing insurance policy. What is J guilty of? - Correct Answer ️️ -Twisting 
What is implied authority defined as? - Correct Answer ️️ -Authority that is not 
specifically given to an agent contract, but that an agent can reasonably assume to 
carry out his/her duties 
A person who is a nonsmoker, average weight, excellent health would fal...
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Arkansas Health insurance exam questions and answers 100% pass
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Arkansas Health insurance exam 
questions and answers 100% pass 
If an agent makes a correction on the application for health insurance, who must initial 
the correct answer? - Correct Answer ️️ -The applicant 
What is the term used for a written request for an insurer to issue an insurance contract 
based on the provided information? - Correct Answer ️️ -Application 
What information are the members of the Medical Information Bureau required to 
report? - Correct Answer ️️ -Adverse ...
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Arkansas Life Insurance Exam Questions and Answers 100% Pass
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Arkansas Life Insurance Exam 
Questions and Answers 100% Pass 
Accelerated Benefits - Correct Answer ️️ -Riders attached to life insurance policies 
which allow death benefits to be used to cover nursing or convalescent home expenses. 
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. 
Accidental Death Insurance - Correct Answer ️️ -An insura...
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Arkansas Health Insurance Exam Terms Questions and Answers 100% Pass
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Arkansas Health Insurance Exam Terms 
Questions and Answers 100% Pass 
Accident - Correct Answer ️️ -An unplanned, unforeseen event which occurs suddenly 
and at an unspecified place. 
Accident Insurance - Correct Answer ️️ -A type of insurance that protects the insured 
against loss due to accidental bodily injury. 
Accidental Bodily Injury - Correct Answer ️️ -Unplanned, unforeseen traumatic injury to 
the body. 
Accidental Death and Dismemberment - Correct Answer ️️ -An insura...
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Arkansas Life Insurance Exam Questions and Answers 100% Pass
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Arkansas Life Insurance Exam 
Questions and Answers 100% Pass 
Adverse Selection - Correct Answer ️️ -Insuring of risks that are more prone to losses 
than the average risk. 
Death Benefit - Correct Answer ️️ -The amount paid upon the death of the insured in a 
life insurance policy. 
Insurance Policy - Correct Answer ️️ -A contract between a policyowner/insured and 
an insurance company which agrees to pay the insured or the beneficiary for loss 
caused by specific events. 
Insured ...
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ARKANSAS HEALTH INSURANCE EXAM QUESTIONS AND ANSWERS 100% PASS
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Life- Chapter 15 (AR State Law) Exam Questions and Answers 100% Pass
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Life- Chapter 15 (AR State Law) Exam 
Questions and Answers 100% Pass 
LIFE AND HEALTH LAWS 
Insurance Commissioner - Correct Answer ️️ -Appointed by the Governor with the 
advice and consent of the Senate. 
- Correct Answer ️️ -Must be resident of this state and be at least 30 years of age. 
- Correct Answer ️️ -Shall execute a $50,000 bond to the State of Arkansas. 
General Duties & Powers of Commissioner - Correct Answer ️️ -General supervision, 
control, regulation or persons...
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Property and Casualty License in Arkansas Exam Questions and Answers 100% Pass
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Property and Casualty License in 
Arkansas Exam Questions and 
Answers 100% Pass 
What is Insurance? - Correct Answer ️️ -Transfers the risk of loss from individual to 
insurance co. 
What is Risk? - Correct Answer ️️ -Chance of loss occuring 
What are 3 types of Hazzards? - Correct Answer ️️ -Physical, Moral, Morale 
What is a Peril? - Correct Answer ️️ -Causes of loss insured against 
What does Indemnify mean? - Correct Answer ️️ -Right for Reimbursement but only to 
the ex...
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Arkansas Health Insurance Study Questions with 100% Correct Answers
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Arkansas Health Insurance Study 
Questions with 100% Correct Answers 
At what point must a life insurance applicant be informed of their right that fall under the 
Fair Credit Reporting Act? - Correct Answer ️️ -upon completion of the application 
Who elects the governing body of a mutual insurance company? - Correct Answer ️️ - 
policyholders 
An insurance applicant MUST be informed of an investigation regarding his/her 
reputation and character according to the - Correct Answer ️️ ...
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Chapter Exam - Arkansas Laws and Rules Questions and Answers 100% Pass
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Chapter Exam - Arkansas Laws and Rules 
Questions and Answers 100% Pass 
Greg had recently been terminated from his job that covered him for group life 
insurance. How long does he have to convert his coverage to an individual policy 
without needing to prove insurability? - Correct Answer ️️ -31 days 
All insurers must be members of what organization, as a condition of their authority to 
transact insurance in Arkansas - Correct Answer ️️ -Arkansas life and disability 
insurance guarant...