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UTAH HEALTH AND LIFE INSURANCE EXAM TESTBANK COMPLETE ACTUAL EXAM 150 REAL QUESTIONS AND CORRECT DETAILED ANSWERS (CORRECT VERIFIED SOLUTIONS) A NEW UPDATED VERSION 2024 |ALREADY GRADED A+ $19.99
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UTAH HEALTH AND LIFE INSURANCE EXAM TESTBANK COMPLETE ACTUAL EXAM 150 REAL QUESTIONS AND CORRECT DETAILED ANSWERS (CORRECT VERIFIED SOLUTIONS) A NEW UPDATED VERSION 2024 |ALREADY GRADED A+

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UTAH HEALTH AND LIFE INSURANCE EXAM TESTBANK COMPLETE ACTUAL EXAM 150 REAL QUESTIONS AND CORRECT DETAILED ANSWERS (CORRECT VERIFIED SOLUTIONS) A NEW UPDATED VERSION 2024 |ALREADY GRADED A+

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  • November 20, 2024
  • 27
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • utah health and life insurance exam testbank comp

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  • UTAH HEALTH AND LIFE INSURANCE
  • UTAH HEALTH AND LIFE INSURANCE

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UTAH HEALTH AND LIFE INSURANCE EXAM
TESTBANK COMPLETE ACTUAL EXAM 150 REAL
QUESTIONS AND CORRECT DETAILED ANSWERS
(CORRECT VERIFIED SOLUTIONS) A NEW
UPDATED VERSION 2024 |ALREADY GRADED A+



Under a Modified Endowment Contract, what are the likely tax consequences?

......answer.....Pre Death Distributions will become taxable




Kathy's annuity is currently experiencing tax-deferred growth until she retires.

Which phase is this annuity in? ......answer.....Accumulation period




If threats or force is used to affect an insurance transaction, the unfair trade

practice of _________ has been committed. ......answer.....Coercion




A whole life policy option where extended term insurance is selected is called a?

......answer.....Nonforfeiture Option




The cause of a loss is referred to as? ......answer.....peril

,Donald is the primary insured of a life insurance policy and adds a children's term

rider. What is the advantage of adding this rider? ......answer.....Can be converted

to a permanent insurance without evidence of insurability




What guarantees that the statements supplied by an insurance applicant are

true? ......answer.....Warranty




The fair credit and reporting ACT's main purpose is to ......answer.....Protect

consumers with guidelines regarding credit reporting and distribution.




How many days is a temporary producers license valid ......answer.....180 Days




All of these are characteristics of a major medical expense policy except

......answer.....elimination periods




Sole properties are permitted tax deductions for the health cost paid from their

earnings in the amount of ......answer.....100% of costs

, When are group disability benefits considered to be tax-free to the insured?

......answer.....When the recipient pays the premiums




Which of the following does coordination of benefits allow? ......answer.....Allows

the secondary to reduce there payments so no more then 100% of the benefit is

being paid.




A _______ Sells, solicits, or negotiates insurance on behalf of insurance

companies for compensation ......answer.....Producer




A life insurance policy that is subject to a contract interest rate is referred to as?

......answer.....universal Life




An attending physician's statement would be appropriate for which life insurance

purpose? ......answer.....At the request of the insurer to assist in the underwriting

decision




which of these factors is NOT taken into account when determining an applicants

life insurance needs? ......answer.....Automobile

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