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LATEST FLORIDA 2-14 LIFE AND VARIABLE ANNUITY LICENSE EXAM TEST BANK 2024/2025 | COMPREHENSIVE TEST BANK WITH OVER 500 ACTUAL EXAM QUESTIONS WITH CORRECT VERIFIED ANSWERS WITH RATIONALES. A+ GRADE GUARANTEED CERTIFICATION SUCCESS $27.99   Add to cart

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LATEST FLORIDA 2-14 LIFE AND VARIABLE ANNUITY LICENSE EXAM TEST BANK 2024/2025 | COMPREHENSIVE TEST BANK WITH OVER 500 ACTUAL EXAM QUESTIONS WITH CORRECT VERIFIED ANSWERS WITH RATIONALES. A+ GRADE GUARANTEED CERTIFICATION SUCCESS

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  • FLORIDA 2-14 LIFE AND VARIABLE ANNUITY LICENSE E
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  • FLORIDA 2-14 LIFE AND VARIABLE ANNUITY LICENSE E

LATEST FLORIDA 2-14 LIFE AND VARIABLE ANNUITY LICENSE EXAM TEST BANK 2024/2025 | COMPREHENSIVE TEST BANK WITH OVER 500 ACTUAL EXAM QUESTIONS WITH CORRECT VERIFIED ANSWERS WITH RATIONALES. A+ GRADE GUARANTEED CERTIFICATION SUCCESS

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  • September 27, 2024
  • 97
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • florida 2 14
  • FLORIDA 2-14 LIFE AND VARIABLE ANNUITY LICENSE E
  • FLORIDA 2-14 LIFE AND VARIABLE ANNUITY LICENSE E
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2024-2025 LATEST FLORIDA 2-14 LIFE AND VARIABLE
ANNUITY LICENSE EXAM TEST BANK 2024/2025 |
COMPREHENSIVE TEST BANK WITH OVER 500 ACTUAL
EXAM QUESTIONS WITH CORRECT VERIFIED ANSWERS
WITH RATIONALES. A+ GRADE GUARANTEED
CERTIFICATION SUCCESS


In a life insurance policy, the actual amount that would be payable following a death is commonly
referred to as the:



Select one:



a. Total policy value



b. Face amount



c. Cash accumulation



d. Policy cash value



See section 8.1 Life Insurance Premiums




Which type of insurance is needed to protect against business interruptions due to a death of a CEO:



Select one:

,a. Business interruption insurance



b. Salary continuation insurance



c. Key person insurance



d. Closed corporation insurance plan



See section 14.3.5 Key-Person Insurance




The insurer may require a medical report before issuing a policy if the face amount exceed a certain
amount:



Select one:



a. True



b. False



See section 9.2.2 The Medical Report




Life insurance companies are better at providing guaranteed income for the life of the annuitant rather
than other financial institutions:

,Select one:



a. True



b. False



See section 11.1 Purpose and Function of Annuities




In a Life Insurance policy, insurable interest must exist at the time of death in order for benefits to be
paid:



Select one:



a. True



b. False



See section 3.2.8 Insurable Interest




The type of retirement plan that meets the requirements of the government and receives favorable tax
treatment are:



Select one:

, a. Hybrid retirements plans



b. Nonqualified plans



c. Qualified plans



d. Special plans



See section 11.5.2 Qualified Annuity Plans




All of the following are exclusions in a life insurance policy except:



Select one:



a. Suicide



b. Car accident



c. Aircraft



d. Committing a felony



See section 6.3 Policy Exclusions




Which situation best represents constructive delivery of the insurance policy:

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