Credit Insurance Quiz
Section 2
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Topics of this game:
- The credit insurance license is a:
- ___________is the lender of money or vendor or lessor of goods, services, property rights or privileges, for which payment is arranged through a credit transaction or any successor to the right, title or interest of any such lender, vendor or lessor.
- _____ is a borrower of money or a purchaser or lessee of goods, services, property, rights or privileges for which payment is arranged through a credit transaction.
- Which of the following is not considered a credit transaction?
- Credit life insurance generally uses which type of term insurance?
- In accordance with the Credit Insurance Act, an automobile dealership which leases vehicles to customers, is a(n):
- All of the following are true regarding credit insurance except:
- Which of the following is not required to be included on the Certificate of Insurance?
- Any excess credit life insurance upon the death of the insured will go to:
- If an indebtedness matures early, existing credit insurance premiums:
- A debtor's indebtedness matures on June 1. The term of the debtor's credit life insurance:
- All credit insurance sold shall be evidence by a(n)
- The total amount payable by a debtor to a creditor as part of a credit transaction is:
- An open-ended credit insurance refers to:
- Any producer or insurer that is in violation of the credit insurance act is subject to a minimum penalty of:
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