100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
life insurance Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed $9.99
Add to cart
Quickly navigate to
Preview
  2.  
  3. Life Insurance
  4.  
  5. Life Insurance

Exam (elaborations)

life insurance Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed
 8 views  0 purchase
  • Course
  • Life Insurance
  • Institution
  • Life Insurance

Life insurance replacement regulation is designed to protect the interests of the _____ -:- policy owner Which product would best serve a retired individual looking to invest a lump-sum of money through an insurance compant? -:- Annuity Characteristics of an Adjustable Life policy -:- Adj...

[Show more]

Preview 2 out of 11  pages

Document information

  • September 6, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • life insurance questions 100 correct answers
  • life insurance replacement regulation is designed

Written for

  • Life Insurance
  • Life Insurance

Seller

avatar-seller
TestTrackers

Reviews received

Content preview

2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!



life insurance Questions & 100% Correct
Answers- Latest Test | Graded A+ | Passed
Life insurance replacement regulation is designed to protect the interests of the _____


✓ -:- policy owner




Which product would best serve a retired individual looking to invest a lump-sum of money

through an insurance compant?


✓ -:- Annuity




Characteristics of an Adjustable Life policy


✓ -:- Adjustable premiums, adjustable premium payment period, and combination of

term and whole life insurance




The Consideration clause in a life insurance policy indicates that a policyowner's

consideration consists of a completed application and ____


✓ -:- the initial premium




A producer who fails to renew a license may reapply for a license w/o examination

within____ year with____




1|Page | Grade A+| 2024/2025

, 2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!

✓ -:- 1 year/ no renewal with $50 late fee




What action can a policyowner take if an application for a bank loan requires collateral?


✓ -:- assign policy ownership to the bank




an insured's inability to perform two or more activities of daily living may trigger which type

of policy rider?


✓ -:- Long term care




What is the consideration given by an insurer in th Consideration clause of a life policy?


✓ -:- Promise to pay a death benefit to a named beneficiary




A person who is insured within a group contract will be given a:


✓ -:- certificate




A term life insurance policy matures:


✓ -:- upon the insured's death during the term of the policy




A _____ Life policy offers the owner investment in products such as money-market funds,

long term bonds and equities


2|Page | Grade A+| 2024/2025

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller TestTrackers. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

53022 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.99
  • (0)
Add to cart
Added