PEARSON VUE LIFE INSURANCE EXAM VERSION 1,2 AND 3 NEWEST 2025 ACTUAL EXAM COMPLETE 250 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ || LATEST VERSION!!
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Module
PEARSON VUE LIFE INSURANCE
Institution
PEARSON VUE LIFE INSURANCE
PEARSON VUE LIFE INSURANCE EXAM
VERSION 1,2 AND 3 NEWEST 2025 ACTUAL
EXAM COMPLETE 250 QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+ || LATEST
VERSION!!
P wants to name her husband as the beneficiary of
her life policy. However, she wishes to retain all o...
her life policy. However, she wishes to retain all of
the rights of ownership. P should have her husband
named as the:
A.irrevocable beneficiary
,B.revocable beneficiary
C.secondary beneficiary - Answer-B
A contract that has as its basic function the
systematic liquidation of accumulated assets
through periodic payments is called an:
A.indemnity contract
B.investment contract
,C.endowment
D.annuity - Answer-D
An insurance producer takes an application for a life
insurance policy but does not collect the initial
premium. On delivery of the policy to the proposed
insured, the producer must collect the initial premium
and which of the following?
A.A copy of the MIB report
, B.The insured's signed statement of continued good
health
C.A copy of the conditional receipt
D.A copy of the temporary insurance agreement that
covered the period between the application date and
the delivery date. - Answer-B
An employer can deduct premium payments as an
ordinary business expense for which of the following
life coverages?
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