Package deal for Oregon Life and Health exam questions and answers 2024 Package deal for Oregon Life and Health exam questions and answers 2024 Package deal for Oregon Life and Health exam questions and answers 2024
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Under a straight life annuity, if the annuitant dies before the principal amount is paid out, the beneficiary will receive a)The remainder of the principal. b)Nothing; the payments will cease. c)Guaranteed minimum benefit. d)The amount paid into the annuity. - answer-b Which of the followin...
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Add to cartUnder a straight life annuity, if the annuitant dies before the principal amount is paid out, the beneficiary will receive a)The remainder of the principal. b)Nothing; the payments will cease. c)Guaranteed minimum benefit. d)The amount paid into the annuity. - answer-b Which of the followin...
Death Benefit is also called what? - answer-Policy Face amount Life Insurance may provide two benefits: - answer-Death Benefit and a living benefit what are the four parties involved in a life insurance policy? - answer-Policyowner, the insured, the beneficiary, and the insurer First Party ...
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Add to cartDeath Benefit is also called what? - answer-Policy Face amount Life Insurance may provide two benefits: - answer-Death Benefit and a living benefit what are the four parties involved in a life insurance policy? - answer-Policyowner, the insured, the beneficiary, and the insurer First Party ...
which policy component decrease in decreasing term insurance? - answer-face amount Your client plans to retire at age 50. he would like to purchase an annuity that would provide income from the time he retires to the age when social security and other pension funds become available. What settleme...
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Add to cartwhich policy component decrease in decreasing term insurance? - answer-face amount Your client plans to retire at age 50. he would like to purchase an annuity that would provide income from the time he retires to the age when social security and other pension funds become available. What settleme...
All of the following are reasons for group insurance termination for dependents EXCEPT a) The end of the last period for which the employee has made the required premium for dependent coverage passes. b) The overall maximum benefit for major medical benefits is received c) The dependent rea...
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Add to cartAll of the following are reasons for group insurance termination for dependents EXCEPT a) The end of the last period for which the employee has made the required premium for dependent coverage passes. b) The overall maximum benefit for major medical benefits is received c) The dependent rea...
adverse selection - answer-insuring of risks more prone to loss than average risk agent/producer - answer-a legal representative of an insurance company applicant/proposed insured - answer-a person applying for insurance hazard - answer-conditions that increase the probability of a loss; ca...
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Add to cartadverse selection - answer-insuring of risks more prone to loss than average risk agent/producer - answer-a legal representative of an insurance company applicant/proposed insured - answer-a person applying for insurance hazard - answer-conditions that increase the probability of a loss; ca...
small business number of employees - answer-50 association number of members needed for group insurance - answer-100 BOE policy: taxation - answer-Premium = deductable expense, taxable benefit Key employee: taxation - answer-premium not deductable; tax free benefit Simple plan: number of...
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Add to cartsmall business number of employees - answer-50 association number of members needed for group insurance - answer-100 BOE policy: taxation - answer-Premium = deductable expense, taxable benefit Key employee: taxation - answer-premium not deductable; tax free benefit Simple plan: number of...
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