Loma 281 exam - Study guides, Class notes & Summaries

LOMA 281 Module 4 Exam 2024 || Questions & Answers 100% CorrectLOMA 281 Module 4 Exam 2024 || Questions & Answers 100% CorrectLOMA 281 Module 4 Exam 2024 || Questions & Answers 100% CorrectLOMA 281 Module 4 Exam 2024 || Questions & Answers 100% Correct

LOMA 281 Module 3 Exam Questions and Answers All Correct Ms. Yanar wants to receive annuity income for life. She also wants to be sure that the annuity makes payments for at least 10 years. If she dies before the end of 10 years, her beneficiary will receive the remaining payments. a. Joint and survivor annuity b. Life income annuity with period certain c. Life income annuity with refund - Answer-B. Ms. Yanar wants to be sure that all of the money paid for the annuity will be paid to...

LOMA 281 Module 1 Exam Study Guide Risk - Answer️️ -the possibility of an unexpected result. Premium - Answer️️ -A specified amount of money an insurer charges in exchange for its agreement to pay a policy benefit when a specific loss occurs. Insurance company - Answer️️ -A company that provides protection against the risk of financial loss caused by specific events. Life insurance - Answer️️ -A type of insurance under which the insurer promises to pay a death benefit upon...

LOMA 281 Exam Questions with Correct Answers waiver of premium for payor benefit - Answer-insurer waives renewal premiums if the policy owner, rather than the insured, dies or becomes totally disabled (must provide evidence of insurability) Contracts of Indemnity - Answer-base benefits on the actual amount of the financial loss that results from a covered event when it occurs, subject to maximum limits (other than life insurance) Valued Contract - Answer-life insurance policies which s...

LOMA 281 Exam Study Guide with Complete Solutions waiver of premium for payor benefit - Answer️️ -insurer waives renewal premiums if the policy owner, rather than the insured, dies or becomes totally disabled (must provide evidence of insurability) Contracts of Indemnity - Answer️️ -base benefits on the actual amount of the financial loss that results from a covered event when it occurs, subject to maximum limits (other than life insurance) Valued Contract - Answer️️ -life in...

LOMA 281 Module 2 Exam with Complete Solutions Graded A+ The type of annuity contract under which the insurer guarantees at least a minimum interest rate and a payment amount that won't change is known as a a. Variable annuity b. Fixed annuity - Answer-B. Premiums paid for a variable annuity typically are placed in the insurer's a. General account b. Separate account - Answer-B. In this exercise, you will match each variable annuity contract feature with its name. Guarantees ...

LOMA 281 Module 2 Exam || Questions & Answers (Graded A)LOMA 281 Module 2 Exam || Questions & Answers (Graded A)LOMA 281 Module 2 Exam || Questions & Answers (Graded A)LOMA 281 Module 2 Exam || Questions & Answers (Graded A)

LOMA 281 Module 1 exam questions with complete solution 2024.

LOMA 281 Meeting Customer Needs with Insurance Annuities Exam

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