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WebCe Group Life Insurance > EXAM > REAL Primerica Life Insurance Exam Question 2023 WITH 100% VERIFIED SOLUTION (All)
401 k plan (Ans- A qualified retirement plan in which the employee can set aside a portion of their income with pre-tax dollars. Absolute Assignment v. Collateral Assignment (Ans- Absolute: A pe...
WebCe Group Life Insurance > EXAM > LIFE INSURANCE - CIN 2120 (All)
CHAPTER 1: INTRODUCTION TO LIFE INSURANCE •In any activity of life there is a possibility that an undesired event may occur and as a result pecuniary ( loss may arise). •In adventures by sea the s...
WebCe Group Life Insurance > EXAM > Life Insurance Exam (Texas) 2023 WITH 100% VERIFIED ANSWERS (All)
Insurance (General concept) - Answer - transfers the risk of loss from an individual to an insurer - based on the principle of indemnity - based on the principle of risk (risk pooling) insurable i...
WebCe Group Life Insurance > EXAM > REAL Wisconsin Life Insurance Exam @ 2023 WITH 100% VERIFIED ANSWERS (All)
Mortality - Answer The rate people will die Morbidity - Answer The rate people will get sick Peril - Answer The cause of loss and the event insured against. Ex: premature death, dependency during o...
WebCe Group Life Insurance > EXAM > REAL Insurance Agents (LIFE) Question Bank - English 2023 (All)
Who is protected under the In-Contestability Clause included under a Life Assurance Policy? Insurer Insured Insurance Agent Insurance Broker 2 2 Section 45 (Indisputability Clause) of Insurance...
WebCe Group Life Insurance > EXAM > REAL Life Insurance Primerica Exam @ 2023 WITH 100% VERIFIED ANSWERS (All)
Which will be included in a policy summary? - Answer Premium amounts and surrender values Why should the producer personally deliver the policy when the first premium has already been paid? - Answe...
WebCe Group Life Insurance > EXAM > REAL Life Insurance Exam: Questions & Answers 2023 (All)
The Commissioner conducts an examination of a domestic insurer and believes that the costs of examination places an unreasonable financial burden on the insurer. Which of the following will happen?...
WebCe Group Life Insurance > EXAM > Xcell Testing Solutions (Life & Health) Final 150 Question Practice Exam WITH 100% VERIFIED ANSWERS (All)
When can a policy owner change a revocable beneficiary? Anytime M purchased an Accidental Death and Dismemberment (AD&D) policy and named his son as beneficiary. M has the right to change the benefi...
WebCe Group Life Insurance > EXAM > REAL Primerica-Life Insurance Exam 2023 WITH 100% VERIFIED SOLUTIONS (All)
Stranger-oriented life insurance policies are in direct opposition to the principle of a. law of large numbers b. good faith c. indemnity d. insurable interest - ANSWER d. insurable interest-STOLI...
WebCe Group Life Insurance > EXAM > Life and Health Insurance Review Exam 2023 (All)
#3. An insured misstated her age on an application for an individual health insurance policy. The insurance company found the mistake after the contestable period had expired. The insurance company...
WebCe Group Life Insurance > EXAM > Alabama Life & Health Insurance Exam 2023 (All)
Which of the following would be considered a speculative risk? - ✔The possibility the painting you bought might be a long-lost masterpiece A speculative risk is one in which there is a chance for e...
WebCe Group Life Insurance > EXAM > Texas Life Insurance Exam With 100% Correct Answers 2023 (All)
#1. In a survivorship life policy, when does the insurer pay the death benefit? a) If the insured survives to age 100 b) Upon the last death c) Upon the first death d) Half at the first death...
WebCe Group Life Insurance > EXAM > REAL Primerica Life Insurance Exam: Questions & Answers100% verified 2023 (All)
An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insure...
WebCe Group Life Insurance > EXAM > REAL PRIMERICA LIFE INSURANCE EXAM 2023 WITH 100% VERIFIED ANSWERS (All)
An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer....
WebCe Group Life Insurance > EXAM > Life Insurance and Health Insurance Studyguide 2023 (All)
Section 529 Plans - ANSWER - state provided - can be funded by after tax dollars - can pay prepaid tuition - All earnings exempt from federal taxes - If withdrawn for unqualified withdrawl, 10% pe...
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