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Pearson Vue Life Insurance Practice Exam correctly answered 2023 P wants to name her husband as the beneficiary of 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.seco...

Pearson VUE: Property Insurance Practice Exam 2023 S is purchasing a Commercial Property policy to cover a commercial building with a replacement cost of $100,000. The policy includes an 80 percent Coinsurance clause. To avoid a coinsurance penalty in the event of a partial loss, S should purchase ...

Pearson Vue National Health Insurance Practice Test rated A+ 2023 S is purchasing a Commercial Property policy to cover a commercial building with a replacement cost of $100,000. The policy includes an 80 percent Coinsurance clause. To avoid a coinsurance penalty in the event of a partial loss, S s...

Pearson Vue State Health Insurance Practice Exam 2023 verified An individual may obtain a temporary insurance producer's license without passing the licensing examination if the individual: A.is a deceased licensed producer's next of kin A. is a deceased licensed producer's next of kin B.is ...

STUDY THIS: Property Insurance Test Pearson Vue (LAW)updatedIn this state, a domestic insurer is defined as a company that: A. Operates in this state but is incorporated in another state B. operates in this state but is domiciled in another state C. is headquartered in this state D. is incorpo...

NC Health Insurance Exam Pearson Vue fully solvedPure Risk chance of loss or no loss but not gain insurable Speculative Risk there is possibility of loss but of gain no insurablility exposure unit subject to loss peril cause of loss life insurance death Health...

Pearson Vue Comprehensive Exam Part 2 2023 rated A+c. The Interest credited to the policy is based off of the performance of a stock market index life the S&P 500 - correct answer Which of the following statements about Equity Indexed Life insurance is TRUE? a. The policyowner can decide which sepa...

pearson vue practice exam question well answered In stating a seller's price and terms to a prospective buyer, the seller's broker is required by the law of agency to state ONLY those terms that are a. included in the listing agreement b. based on the brokers evaluation of prevailing prices a...

Property and Casualty insurance exam 2023Insurance - correct answer The transfer of risk through a legal contract Property - correct answer Covers real property and personal property against damage or loss resulting from covered causes of loss called perils casualty - correct answer covers non...

Insurance Exam Practice Exam: Questions and Answers 2023 verifiedPure or straight life - correct answer Which of the following annuity benefit payment options would generate the highest monthly payments to the contract owner upon annuitization? Paid-up additions 1-year term Cash - correct answe...

LIFE INSURANCE PRACTICE EXAM correctly answered Insurable Receipt - correct answer The reciept given to a life insurance applicant when the application is completed and the initial premium is received is called a(n) Representations - correct answer Statements in the application for insurance that...

Pearson VUE practice test fully solvedc. Bill of sale - correct answer 1A buyer purchases a furnished condo minimum apartment as an investment. The document that evidences the buyer's ownership of the furniture is a a. Special warranty deed b. Homeowner's insurance policy c. Bill of sale d. ...

Health Insurance Exam-Illinois fully solved 2023Risk type expenses - correct answer cannot be planned and is unintended Purpose of health insurance is - correct answer to protect a insured against the risk of financial loss he/she cannot individually afford caused by illness, injury, or diability...

Pearson Vue Comprehensive Exam Part 1 2023Admitted life insurance must pay interest, at a rate specified by life, on death benefits from the date of the insured's death, through how many days following the date the insurer receives the claim? a. 15 days b. 20 days c. 30 days d. 31 days - correc...