GA Life Insurance Exam 2025 Questions and Answers
GA Life Insurance Exam 2025 Questions and Answers
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Georgia Laws and Rules
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Georgia Laws and Rules
GA Life Insurance Exam 2025 Questions and Answers
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Uploaded on: | September 13, 2025 |
Last updated: | September 14, 2025 |
Number of pages: | 19 |
Written in: | 2025/2026 |
Type: | Exam (elaborations) |
Contains: | Questions & Answers |
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GA Life Insurance Exam 2025 Questions and Answers Who elects the governing body of a mutual insurance company? - -Answer --policyholders What year was the McCarran-Ferguson Act enacted? - --Answer --1945 A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: - --Answer --a fraternal benefit society The stated amount or percent of liquid assets that an insurer must have on hand that will satisfy future obligations to its policyholders is called: - --Answer -- reserves What is the name of the law that requires insurers to disclose information gathering practices and where the information was obtained? - --Answer -- Fair Credit Reporting Act The part of a life insurance policy guaranteed to be true is called a: - -Answer --warranty ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1