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CA Life Accident & Health Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed
CA Life Accident & Health Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed
[Show more]CA Life Accident & Health Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed
[Show more]individual owns an adjustable policy, sometime he wants to increase the death 
benefit in the future, what would be done? 
 ~ it can be increased by providing evidence of insurability 
which of the following is true with regards to universal life? 
 ~ premium can be decreased by the insured 
ever...
Preview 4 out of 118 pages
Add to cartindividual owns an adjustable policy, sometime he wants to increase the death 
benefit in the future, what would be done? 
 ~ it can be increased by providing evidence of insurability 
which of the following is true with regards to universal life? 
 ~ premium can be decreased by the insured 
ever...
Insurance is defined as? 
 -:- A contract whereby one undertakes to indemnify another against loss, damage, 
or liability arising from a contingent or unknown event. 
A written instrument in which a contract of insurance is set forth is the? 
An agreement between the insurer and the insured, the pe...
Preview 4 out of 33 pages
Add to cartInsurance is defined as? 
 -:- A contract whereby one undertakes to indemnify another against loss, damage, 
or liability arising from a contingent or unknown event. 
A written instrument in which a contract of insurance is set forth is the? 
An agreement between the insurer and the insured, the pe...
During the underwriting process for a group health policy, it was discovered that 15 out of 
50 members of the group have major health issues. How would the insurer handle this? 
 -:- Accept or reject the whole group 
Which of the following is a type of insurance where and in sure transfers loss ex...
Preview 2 out of 12 pages
Add to cartDuring the underwriting process for a group health policy, it was discovered that 15 out of 
50 members of the group have major health issues. How would the insurer handle this? 
 -:- Accept or reject the whole group 
Which of the following is a type of insurance where and in sure transfers loss ex...
An insured purchased an insurance policy 5 years ago. Last year, she received a dividend 
check from the insurance company that was not taxable. This year, she did not receive a 
check from the insurer. From what type of insurer did the insured purchase the policy? 
a. mutual 
b. reciprocal 
c. no...
Preview 4 out of 108 pages
Add to cartAn insured purchased an insurance policy 5 years ago. Last year, she received a dividend 
check from the insurance company that was not taxable. This year, she did not receive a 
check from the insurer. From what type of insurer did the insured purchase the policy? 
a. mutual 
b. reciprocal 
c. no...
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