LOMA 281 Exam Questions with All Correct Answers 2 Exam (elaborations) LOMA 281 Exam with Complete Solutions Graded A+ 3 Exam (elaborations) LOMA 281 Module 1 Test with Correct Answers 4 Exam (elaborations) LOMA 281 Module 2 Exam with Complete Solutions Graded A+ 5 Exam (elaborations) LOMA 281 ...
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LOMA 281 Exam with Complete Solutions Graded A+ Extended term life insurance nonforfeiture option - Answer-policy owner can discontinue paying premiums and use the policy's net cash surrender value to purchase term insurance. this term insurance is for the full coverage amount provided under the o...
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Add to cartLOMA 281 Exam with Complete Solutions Graded A+ Extended term life insurance nonforfeiture option - Answer-policy owner can discontinue paying premiums and use the policy's net cash surrender value to purchase term insurance. this term insurance is for the full coverage amount provided under the o...
LOMA 281 Practice Test with Complete Solutions Graded A+ Premium reduction dividend option - Answer-A policy dividend option under which the insurer applies policy dividends toward the payment of renewal premiums Policy loan repayment dividend option - Answer-A policy dividend option under w...
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Add to cartLOMA 281 Practice Test with Complete Solutions Graded A+ Premium reduction dividend option - Answer-A policy dividend option under which the insurer applies policy dividends toward the payment of renewal premiums Policy loan repayment dividend option - Answer-A policy dividend option under w...
LOMA 281 Module 1 Test with Correct Answers Financial services industry - Answer-The industry made up of various kinds of financial institutions that help people, businesses, and governments save, borrow, invest, and otherwise manage money. Financial institutions - Answer-A business that owns...
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Add to cartLOMA 281 Module 1 Test with Correct Answers Financial services industry - Answer-The industry made up of various kinds of financial institutions that help people, businesses, and governments save, borrow, invest, and otherwise manage money. Financial institutions - Answer-A business that owns...
LOMA 281 Module 2 Test with Correct Answers Medical expense coverage - Answer-A type of health insurance coverage that provides benefits to pay for the treatment of an insured's illnesses and injuries. Disability income coverage - Answer-A type of health insurance coverage that provides incom...
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Add to cartLOMA 281 Module 2 Test with Correct Answers Medical expense coverage - Answer-A type of health insurance coverage that provides benefits to pay for the treatment of an insured's illnesses and injuries. Disability income coverage - Answer-A type of health insurance coverage that provides incom...
LOMA 281 Module 3 Questions with Correct Answers Material misrepresentation - Answer-A misrepresentation that would affect an insurance company's evaluation of a proposed insured and, thus, gives the insurer grounds to avoid an insurance contract. Fraudulent misrepresentation - Answer-A misrep...
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Add to cartLOMA 281 Module 3 Questions with Correct Answers Material misrepresentation - Answer-A misrepresentation that would affect an insurance company's evaluation of a proposed insured and, thus, gives the insurer grounds to avoid an insurance contract. Fraudulent misrepresentation - Answer-A misrep...
LOMA 281 Module 2 Exam with Complete Solutions Graded A+ The type of annuity contract under which the insurer guarantees at least a minimum interest rate and a payment amount that won't change is known as a a. Variable annuity b. Fixed annuity - Answer-B. Premiums paid for a variable annu...
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Add to cartLOMA 281 Module 2 Exam with Complete Solutions Graded A+ The type of annuity contract under which the insurer guarantees at least a minimum interest rate and a payment amount that won't change is known as a a. Variable annuity b. Fixed annuity - Answer-B. Premiums paid for a variable annu...
LOMA 281 Module 3 Exam Questions and Answers All Correct Ms. Yanar wants to receive annuity income for life. She also wants to be sure that the annuity makes payments for at least 10 years. If she dies before the end of 10 years, her beneficiary will receive the remaining payments. a. Joint a...
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Add to cartLOMA 281 Module 3 Exam Questions and Answers All Correct Ms. Yanar wants to receive annuity income for life. She also wants to be sure that the annuity makes payments for at least 10 years. If she dies before the end of 10 years, her beneficiary will receive the remaining payments. a. Joint a...
LOMA 281 Exam Questions with All Correct Answers What are presumptive disabilities? - Answer-A stated condition that, if present, automatically causes the insured to be considered totally disabled. What is an "own previous occupation" benefit? - Answer-Defines total disability as the insure...
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Add to cartLOMA 281 Exam Questions with All Correct Answers What are presumptive disabilities? - Answer-A stated condition that, if present, automatically causes the insured to be considered totally disabled. What is an "own previous occupation" benefit? - Answer-Defines total disability as the insure...
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