1/22/25, 7:04 AM Insurance Exam: CA Life Insurance Exam 2025|Actual Exam Set Questions And Verified Answers (Correct solutions) | Get It 1…
Scheduled maintenance: January 23, 2025 from 07:00 AM to 09:00 AM
Insurance Exam: CA Life Insurance Exam
2025|Actual Exam Set Questions And Verified
Answers (Correct solutions) | Get It 100%
Accurate!!
Save
Terms in this set (194)
An insurer that operates C
for one or more social,
educational, charitable,
benevolent, or religious
purposes for the benefit
of its members is known
as a
a) Reciprocal insurer.
b) Stock insurer.
c) Fraternal insurer.
d) Mutual insurer.
,1/22/25, 7:04 AM Insurance Exam: CA Life Insurance Exam 2025|Actual Exam Set Questions And Verified Answers (Correct solutions) | Get It 1…
Life insurance creates an D
immediate estate. Which
of the following best
explains this statement?
The policy has cash
values and nonforfeiture
values.
b) The policy generates
immediate cash value.
c) The death benefit will
always be paid to the
estate of the insured.
d) The face value of the
policy is payable to the
beneficiary upon the
death of the insured.
Which of the following is A
guaranteed under a
variable whole life
insurance policy?
a) Minimum death benefit
b) Interest rates
c) Cash value
d) Stock performance
Which of the following is B
NOT true regarding a
deferred annuity?
a) The annuity grows tax
deferred.
b) Income payments
begin within 1 year from
the date of purchase.
c) It is used to
accumulate funds for
retirement.
d) It can be purchased
with a single lump sum.
,1/22/25, 7:04 AM Insurance Exam: CA Life Insurance Exam 2025|Actual Exam Set Questions And Verified Answers (Correct solutions) | Get It 1…
Joe, age 63, was disabled B
and can no longer work.
He meets the Social
Security definition of
total disability. How many
work credits must Joe
have accumulated to
have the status of fully
insured?
a) 20
b) 40
c) 10
d) 6
All of the following are C
advantages of a qualified
retirement plan EXCEPT
a) The contribution is not
taxable to the employee
when made.
b) The funds grow tax
deferred.
c) The income at
retirement is tax free.
d) The contribution is
deductible to the
employer.
If an insured purchases C
an insurance policy with a
large deductible, what
risk management
technique is the insured
exercising?
a) Avoidance
b) Sharing
c) Retention
d) Transfer only
, 1/22/25, 7:04 AM Insurance Exam: CA Life Insurance Exam 2025|Actual Exam Set Questions And Verified Answers (Correct solutions) | Get It 1…
Key person insurance can B
provide protection for all
of the following
economic losses to a
business EXCEPT
a) Fund the cost of
training a current
employee to perform the
duties of a deceased
employee.
b) Pay the death benefit
to the estate of the
insured.
c) Provide deferred
compensation retirement
benefit if the insured key
person survives to
retirement.
d) Fund the expense of
finding a suitable
replacement following
the death of an
employee.
Les clients de Stuvia ont évalués plus de 700 000 résumés. C'est comme ça que vous savez que vous achetez les meilleurs documents.
L’achat facile et rapide
Vous pouvez payer rapidement avec iDeal, carte de crédit ou Stuvia-crédit pour les résumés. Il n'y a pas d'adhésion nécessaire.
Focus sur l’essentiel
Vos camarades écrivent eux-mêmes les notes d’étude, c’est pourquoi les documents sont toujours fiables et à jour. Cela garantit que vous arrivez rapidement au coeur du matériel.
Foire aux questions
Qu'est-ce que j'obtiens en achetant ce document ?
Vous obtenez un PDF, disponible immédiatement après votre achat. Le document acheté est accessible à tout moment, n'importe où et indéfiniment via votre profil.
Garantie de remboursement : comment ça marche ?
Notre garantie de satisfaction garantit que vous trouverez toujours un document d'étude qui vous convient. Vous remplissez un formulaire et notre équipe du service client s'occupe du reste.
Auprès de qui est-ce que j'achète ce résumé ?
Stuvia est une place de marché. Alors, vous n'achetez donc pas ce document chez nous, mais auprès du vendeur CodedNurse. Stuvia facilite les paiements au vendeur.
Est-ce que j'aurai un abonnement?
Non, vous n'achetez ce résumé que pour $22.99. Vous n'êtes lié à rien après votre achat.