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Accident & Sickness Questions And Answers
[Show more]Accident & Sickness Questions And Answers
[Show more]Question 1 
 
Denis is self-employed. Last year, his business generated total revenues of $250,000 and operating expenses of $120,000. Denis also received $5,000 in dividends paid by a multinational in which he has shares. He contacts you to purchase the maximum individual disability insurance cover...
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Add to cartQuestion 1 
 
Denis is self-employed. Last year, his business generated total revenues of $250,000 and operating expenses of $120,000. Denis also received $5,000 in dividends paid by a multinational in which he has shares. He contacts you to purchase the maximum individual disability insurance cover...
Rhonda and Karl are equal partners of an accounting business. Their business is currently worth $3,000,000, and their annual business expenses are $240,000. They share the business expenses equally. The couple wants to have a buy-sell agreement in place in the event that one of them is disabled for ...
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Add to cartRhonda and Karl are equal partners of an accounting business. Their business is currently worth $3,000,000, and their annual business expenses are $240,000. They share the business expenses equally. The couple wants to have a buy-sell agreement in place in the event that one of them is disabled for ...
What are the three types of disability income insurance policies? - ANS - Cancellable 
- Guaranteed Renewable 
- Non-Cancellable 
 
Cancellable disability insurance is issued on a "class" basis. A class is formed when people are grouped together by age, gender, occupation, or type of pla...
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Add to cartWhat are the three types of disability income insurance policies? - ANS - Cancellable 
- Guaranteed Renewable 
- Non-Cancellable 
 
Cancellable disability insurance is issued on a "class" basis. A class is formed when people are grouped together by age, gender, occupation, or type of pla...
The _______ of the various provinces define what is considered to be "accident and sickness" (A&S) insurance. - ANS Insurance Companies Acts 
 
A&S insurance includes the following: - ANS o Benefits for loss due to accidental bodily injury to the life insured; 
o Benefits for l...
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Add to cartThe _______ of the various provinces define what is considered to be "accident and sickness" (A&S) insurance. - ANS Insurance Companies Acts 
 
A&S insurance includes the following: - ANS o Benefits for loss due to accidental bodily injury to the life insured; 
o Benefits for l...
A licensed insurance agent is meeting his client to discuss her critical illness insurance needs. Out of the following list, what factor is least important to be taken into consideration in the fact-finding interview? - ANS Sources of earned income 
 
Out of the following list, which is le...
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Add to cartA licensed insurance agent is meeting his client to discuss her critical illness insurance needs. Out of the following list, what factor is least important to be taken into consideration in the fact-finding interview? - ANS Sources of earned income 
 
Out of the following list, which is le...
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