Exam (elaborations)
Washington Life insurance test Questions and Answers (Latest Update 2024)
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Washington Life insurance test Questions and Answers (Latest Update 2024)
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Washington Life insurance testQuestions and Answers (Latest Update
2024)
True about variable products except - Correct Answer ✅
The premiums are invested in the insurers general account.
Clients wants both protection and savings and willing to pay
premiums until retirement at age 65. - Correct Answer ✅
Limited pay whole life
If the annuitant dies during the accumulation period, who will
receive the annuity benefits? - Correct Answer ✅
beneficiary
Allows the insurer to relieve a minor insured from premium
payments if the minors parents have died or become
disabled. - Correct Answer ✅ Payor benefit
Within how many days requesting an investigation consumer
report must the insurer notify the consumer? - Correct
Answer ✅ 3 days
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