Texas Life Insurance BUNDLED Exams 2023 with 100% correct answers

Accelerated Benefits - correct answer Riders attached to life insurance policies that allow death benefits to be used to cover nursing or convalescent home expenses. Accidental Death Benefits - correct answer A policy rider that states that the cause of death will be analyzed to determine if it c...

Life insurance Advertising may not imply that life insurance is: - correct answerAn Investment or is like shares of stock Advertising may not imply that policyholders will receive: - correct answerSpecial benefits not stated in the policy Future dividends may not be advertised as being: - corr...

Convertible Term Life Insurance - correct answer -This optional form of term life insurance lets the policyowner convert the policy to a whole life policy without having to prove insurability. Ordinary Life Insurance - correct answer -This class of individual life insurance has many flexible opti...

Who is considered a field underwriter? - correct answer -An agent When must insurable interest exist in life insurance? - correct answer -Application or issue date If no receipt is issued at the time of application, a statement of good health is usually required at the time of? - correct answe...

What kind of life insurance product covers children under their parent's policy? - correct answer Term Rider Which of the following is NOT a required provision in group life policies? - correct answer Right to Loan When an insured changes to a more hazardous occupation, which disability pol...

P completes an application for a $10,000 life policy, but does not give the producer the initial premium. P's coverage becomes effective when - correct answer P receives the policy and pays the premium A potential client, age 40, would like to purchase a Whole Life policy that will accumulate c...