Texas Statutes and Rules Common to Life and Health Insurance
What type of license permits an individual to represent insurance buyers as an independent consultant charging fee-based insurance advice in Texas?
Answer and explanation
Answer: A. TIC Chapter 4052 governs Life and Health Insurance Counselors who advise consumers for a fee.Source: Texas Insurance Code Chapter 4052 — § 4052.001, Counselor License
More texas statutes and rules common to life and health insurance questions
- A Texas agent tells a client that surrendering an existing whole life policy to buy a new one carries no disadvantage, when a new contestable period will begin. How is this classified?
- A Texas agent tells a prospect that a universal life policy's illustrated non-guaranteed values are amounts the insurer is obliged to pay. What violation is this?
- A Texas insurer charges higher life premiums to applicants with a documented history of heart disease. Is this unfair discrimination?
- A Texas insurer ends its relationship with an appointed agent. What is the insurer's obligation?
- A Texas insurer has a clear liability on a life claim but refuses to settle until the beneficiary hires a lawyer and sues. Which unfair practice is this?
- A Texas insurer routinely offers beneficiaries substantially less than the policy face amount, hoping some will accept. What does this practice violate?
590 Texas questions like this one.
Every answer explained, the ones you miss come back on a spaced schedule, and a plan built from your exam date.