Life Insurance Exam Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed- Arizona

The key factor of representation that allows the intraparty to resend the contract is -:- If the representation is false any marital point The written instrument in which a contract of insurance is set forth is known as -:- A policy What is the term for a sale campaign conducted through mail ...

Additional coverage can be added to a Whole Life policy by adding a(n) -:- decreasing term rider All of these statements about the Waiver of Premium provision are correct EXCEPT -:- Insured must be eligible for Social Security disability for claim to be accepted Which of these is an element of...

a whole life policy that provides a choice of dividend options include the following statement about dividends they accrue at a guaranteed rate they are deferred for one year they are not guaranteed they are guaranteed after the first year -:- they are not guaranteed When there is a named ...

The key factor of representation that allows the intraparty to resend the contract is -:- If the representation is false any marital point The written instrument in which a contract of insurance is set forth is known as -:- A policy What is the term for a sale campaign conducted through mail ...

An individual applied for an insurance policy and paid the initial premium. The insurer issued a conditional receipt. Five days later the applicant and t submit a medical exam. If the policy was issued, what would be the policy's effective date? A. The date of policy delivery B. The date of t...

The Commissioner conducts an examination of a domestic insurer and believes that the costs of examination places an unreasonable financial burden on the insurer. Which of the following will happen? a. The federal government will absorb the full cost b. The federal government will absorb part ...

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 -:- P receives the policy and pays the premium A potential client, age 40, would like to purchase a Whole Life policy that will accumulate cash value ...

Who is considered a field underwriter? -:- An agent When must insurable interest exist in life insurance? -:- 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? -:- Policy delivery The Medical Inform...