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ACCIDENT AND SICKNESS Questions With Complete Answers

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A&S EXAM (Accident and Sickness) Questions And Answers

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Question 1 Denis is self-employed. Last year, his business generated total revenues of $250,000 and operating expenses of $120,000. Denis also received $5,000 in dividends paid by a multinational in which he has shares. He contacts you to purchase the maximum individual disability insurance cover...

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Accident and Sickness Insurance Mock Exam 1 Questions And Answers

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Rhonda and Karl are equal partners of an accounting business. Their business is currently worth $3,000,000, and their annual business expenses are $240,000. They share the business expenses equally. The couple wants to have a buy-sell agreement in place in the event that one of them is disabled for ...

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A&S - Accident and Sickness Insurance Questions And Answers

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What are the three types of disability income insurance policies? - ANS - Cancellable - Guaranteed Renewable - Non-Cancellable Cancellable disability insurance is issued on a "class" basis. A class is formed when people are grouped together by age, gender, occupation, or type of pla...

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ACCIDENT AND SICKNESS Questions With Complete Answers

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The _______ of the various provinces define what is considered to be "accident and sickness" (A&S) insurance. - ANS Insurance Companies Acts A&S insurance includes the following: - ANS o Benefits for loss due to accidental bodily injury to the life insured; o Benefits for l...

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