Shared Flashcard Set

Details

Texas Life and Health
Texas Statutes and Rules Pertinent to Life Insurance Only
9
Finance
Professional
08/06/2004

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Cards

Term
truthful;misleading
Definition
Advertisements must be _______________ and not _______________________
Term
minimized;obscure;misleading;deceiving
Definition
When advertising, the required information must not be _____________, made ________________ or presented as ______________________ or _____________________ to prospective purchasers.
Term
identity
Definition
The ____________________of the actual insurance company must be stated in all advertisements.
Term
insurance coverage
Definition
All advertisements must disclose that _________________________________________ is the subject of solicitation.
Term
untrue;misleading
Definition
An advertisement shall not contain ________________ or ________________________ statements.
Term
provisions
Definition
Texas statues specify that certain ______________________ must be included in individual life policies.
Term
250,000;700%
Definition
Group term life insurance policies covering employees may not provide in total more than ________________ of coverage for any one employee, or more than ___________ of annual compensation, whichever is greater.
Term
additional individuals
Definition
Group life insurance may be extended to cover _________________________.
Term
Credit life
Definition
insurance is written to pay off the balance of a loan in the event of the death of the debtor.
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