Business > EXAM > Kansas Life & Health Insurance Final Exam | 150 Questions with 100% Correct Answers | Verified (All)

Kansas Life & Health Insurance Final Exam | 150 Questions with 100% Correct Answers | Verified

Document Content and Description Below

When can a policy owner change a revocable beneficiary? - ANS - Anytime J would like to maintain the right to change beneficiaries. Which beneficiary designation should be used? - ANS - Revocable M... purchased an Accidental Death and Dismemberment (AD&D) policy and named his son as beneficiary. M has the right to change the beneficiary designation at anytime. What type of beneficiary is his son? - ANS - Revocable Beneficiary revocable beneficiary - ANS - the policy owner may change the beneficiary at any time without notifying or getting permission from the beneficiary. K is the insured and P is the sole beneficiary on a life insurance policy. Both are involved in a fatal accident where K dies before P. Under the Common Disaster provision, which of these statements is true? - ANS - Proceeds will be paid to K's estate if P dies within a specified time How would a contingent beneficiary receive the policy proceeds in an Accidental Death and Dismemberment (AD&D) policy? - ANS - If the primary beneficiary dies before the insured Which statement is true regarding a minor beneficiary - ANS - Normally, a guardian is required to be appointed in the Beneficiary clause of the contract A life insurance application must be signed by all of these EXCEPT - ANS - Beneficiaries are not required to sign an insurance app [Show More]

Last updated: 1 year ago

Preview 1 out of 16 pages

Add to cart

Instant download

document-preview

Buy this document to get the full access instantly

Instant Download Access after purchase

Add to cart

Instant download

Reviews( 0 )

$12.00

Add to cart

Instant download

Can't find what you want? Try our AI powered Search

OR

REQUEST DOCUMENT
28
0

Document information


Connected school, study & course


About the document


Uploaded On

Sep 29, 2022

Number of pages

16

Written in

Seller


seller-icon
Annah

Member since 1 year

20 Documents Sold


Additional information

This document has been written for:

Uploaded

Sep 29, 2022

Downloads

 0

Views

 28

Document Keyword Tags

Recommended For You

Get more on EXAM »

$12.00
What is Browsegrades

In Browsegrades, a student can earn by offering help to other student. Students can help other students with materials by upploading their notes and earn money.

We are here to help

We're available through e-mail, Twitter, Facebook, and live chat.
 FAQ
 Questions? Leave a message!

Follow us on
 Twitter

Copyright © Browsegrades · High quality services·