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CA LIFE INSURANCE EXAM WITH VERIFIED ANSWERS CA LIFE INSURANCE FINAL EXAM TEST 2023/2024 CALIFORNIA CA LIFE INSURANCE STATE EXAM SIMULATOR (QUESTIONS AND ANSWERS)2023/2024 CA LIFE INSURANCE EXAM QUESTIONS AND ANSWERS LATEST FINAL EXAM CALIFORNIA CA LIFE, ACCIDENT, AND HEALTH INSURANCE (100% SCORES)...

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CA LIFE INSURANCE PRACTICE EXAM (QUESTIONS AND ANSWERS) 2023/2024

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CA LIFE INSURANCE PRACTICE EXAM (QUESTIONS AND ANSWERS) 2023/2024 A key person is typically all of the following, except: - CORRECT ANSWER--Not directly involved in sales, production, or service Key persons are employees whose contributions have a significant impact on the revenue and profita...

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CALIFORNIA (CA LIFE INSURANCE) PRACTICE EXAM TEST 2023/2024

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CALIFORNIA (CA LIFE INSURANCE) PRACTICE EXAM TEST 2023/2024 an annuity that is purchased with a lump sum premium and whose benefits begin after 12 months is called a - correct answer-single premium deferred annuity a technique used to determine the amount of life insurance needed by focusing o...

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CA LIFE INSURANCE EXAM WITH VERIFIED ANSWERS

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CA LIFE INSURANCE EXAM WITH VERIFIED ANSWERS What is meant by referring to an insurance policy as a unilateral contract? - CORRECT ANSWER-Only one party makes a legally enforceable promise. When must insurance records of insurance agents and brokers be made available to the Insurance Commiss...

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TEST FOR CA LIFE INSURANCE EXAM WITH VERIFIED ANSWERS

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TEST FOR CA LIFE INSURANCE EXAM WITH VERIFIED ANSWERS What is meant by referring to an insurance policy as a unilateral contract? - CORRECT ANSWER-Only one party makes a legally enforceable promise. When must insurance records of insurance agents and brokers be made available to the Insuranc...

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FINAL EXAM -CALIFORNIA LIFE AND HEALTH INSURANCE (CA)

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FINAL EXAM -CALIFORNIA LIFE AND HEALTH INSURANCE (CA) Employer-provided group term life insurance is exempt from income taxation up to - CORRECT ANSWER-$50,000 Medicare Part B has an initial enrollment period. How many months after an individual's 65th birthday month does this enrollment per...

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ACTUAL FINAL EXAM CA CALIFORNIA LIFE INSURANCE (ELABORATED QUESIONS AND ANSWERS)

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ACTUAL FINAL EXAM CA CALIFORNIA LIFE INSURANCE (ELABORATED QUESIONS AND ANSWERS) According to the California Insurance Code, what is "insurance"? - CORRECT ANSWER-A contract Which of these statements correctly describes risk? - CORRECT ANSWER-Pure risk is the only insurable risk Only pu...

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FINAL EXAM CALIFORNIA CA LIFE, ACCIDENT, AND HEALTH INSURANCE (100% SCORES)

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FINAL EXAM CALIFORNIA CA LIFE, ACCIDENT, AND HEALTH INSURANCE (100% SCORES) What distinguishes a deferred annuity from an immediate annuity? - CORRECT ANSWER-The time at which benefit payments start Cindy buys a 10-year certain annuity with an installment refund. After receiving monthly pay...

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CA LIFE INSURANCE EXAM QUESTIONS AND ANSWERS LATEST

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CA LIFE INSURANCE EXAM QUESTIONS AND ANSWERS LATEST J has a life policy with the Guaranteed Insurability rider. J has just celebrated their 42nd birthday and realizes that she wants to use her rider and buy more death benefit. Which of the following will apply to J's request? A: The insurer...

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CALIFORNIA CA LIFE INSURANCE STATE EXAM SIMULATOR (QUESTIONS AND ANSWERS)2023/2024

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CALIFORNIA CA LIFE INSURANCE STATE EXAM SIMULATOR (QUESTIONS AND ANSWERS)2023/2024 Exclusion ratio - CORRECT ANSWER-An annuitant would life to determine the amount of an annuity distribution that is exempt from taxation. What is used to calculate this? Mortality rate, Exclusion ratio, Morb...

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CA LIFE INSURANCE FINAL EXAM TEST 2023/2024

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CA LIFE INSURANCE FINAL EXAM TEST 2023/2024 Insurable Receipt - CORRECT ANSWER--The reciept given to a life insurance applicant when the application is completed and the initial premium is received is called a(n) Representations - CORRECT ANSWER--Statements in the application for insurance ...

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