Life Insurance
The second beneficiary listed in a policy:
Contingent Beneficiary
Anyone working in the insurance industry must report to this person.
Commissioner of Insurance
This type of health insurance policy covers all employees.
Group Health
The law, under President Obama, that regulated Health Insurance.
Affordable Care Act
The third beneficiary listed on a life insurance policy.
Tertiary
This person has the right to name the beneficiary?
The Policyowner
Liquidation of the agent's business can occur for this infraction.
Concealment of records or Failure to Comply
Under this law, an employee has a right to extend their health insurance if they have been terminated.
COBRA
The maximum death benefit on a policy purchased through the State Life Insurance Fund.
$10,000
If the insured and beneficiary die at the same time, the death benefit is paid as if the insured outlived the beneficiary. This is:
Uniform Simultaneous Death Act
This type of license is issued for no longer than one year.
Temporary License
This type of health insurance policy is designed to work within a certain geographic area (community).
HMO
An insurer must keep a copy of the illustration for at least this time frame.
3 years
This policy does not build a cash value.
Term Insurance
Offering a customer free car washes for a year if they take out a policy with you violates this Marketing Practice.
Unfair Inducement
This type of health insurance prefers their insureds work with certain (preferred) doctors.
PPO
This clause in the policy states if the insured takes their own life in the first two years of the policy's effective date, the insurer does not have to pay the death benefit.
Suicide Clause
This policy is designed to provide coverage for the insured's entire life.
Whole Life
This government office oversees the Violent Crime Control Act.
FBI and/or U.S. Attorney General
Self-funded
A life insurance policy can be backdated up to this time frame.
Six months
Age, Income, Financial Needs, and Objectives describe the considerations for this type of policy.
Annuity