Which Of The Following Is True Regarding Credit Life Insurance. Bcreditor can only insure the debtor for the amount owed. C) they must contain a warning that actual results may vary.
A warranty is either expressed or implied. Bcreditor can only insure the debtor for the amount owed. Now, which of the following is correct regarding credit life insurance?
The Creditor Can Only Insure The Debtor For The Amount Owed D.
An implied warranty is stipulated in the contract and is considered a fact. James signed an application for a $50,000 life insurance policy and paid the first premium on october 1. Ccreditor may insure the debtor for an unlimited amount of.
C) They Must Contain A Warning That Actual Results May Vary.
Group credit life insurance does not build cash values. The building is at an increased risk of fire damage. All of the following statement regarding credit life insurance are true, except:
Hold A Life Insurance License And A Securities License.
This insurance is often written in connection with automobile loans. A warranty is either expressed or implied. Which of the following statements are true regarding life insurance company funding?
Which Of The Following Statements Is True Regarding Life Insurance?
All of the following statements concerning group credit life are true except: The agent told him that depending upon the company's investments and expense factors, the cash values could change from those shown in the policy at issue time. Purchasing a life insurance policy in order to avoid the forced sale of assets upon death is called;
A) The Consumer Has The Right To Obtain The Substance Of The Information In The Reporting Agency File B) It Protects The Rights Of The Individual From Overly Intrusive Information Collection Practices
All of the following is true regarding purchase of personal life insurance for charity except: Premiums or face amount cannot be changed d. A week later, james took the required medical examination and was found to be insurable.