Conversion premium - Study guides, Class notes & Summaries

MAC2602 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (703803) - DUE 2 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9............ Question 1 Correct Mark 2.00 out of 2.00 QUIZ Which ONE of the following is NOT a strategic aim of corporate governance? (a) To reduce costs within the organisation to boost short-term profi tability. (b) To improve investor confi dence in the organisation. (c) To increase the organisation...

MAC2602 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (703803) - DUE 2 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9............ Question 1 Correct Mark 2.00 out of 2.00 QUIZ Which ONE of the following is NOT a strategic aim of corporate governance? (a) To reduce costs within the organisation to boost short-term profi tability. (b) To improve investor confi dence in the organisation. (c) To increase the organisati...

Which of the following is NOT a characteristic of a Variable Annuity? A. Premium Payments may be level or flexible or single premium B. The cash values are invested in securities. C. The non-forfeiture values will provide for the return of the cash value should the annuitant die during the accumulation period. D. It provides for a tax-free death benefit. - Answer-D. It provides for a tax-free death benefit. All of the following policies provide for the tax deferred accumulation of cash val...

Xcel Final Exam| Questions and Verified Answers| 100% Correct| Grade A (Latest 2024/ 2025) Q: P is a producer who notices 5 questions on a life application were not answered. What actions should P take? Answer: Set up a meeting with the applicant to answer the remaining questions Q: Q applied for life insurance and submitted the initial premium on January 1. The policy was issued February 1, but it was not delivered by the agent until February 7. Q is dissatisfied and returns the...

Shawn, Mike, and Dave are brothers who have a $100,000 "first to die" joint life policy covering all three of their lives. If Mike dies first, the policy proceeds A.) Will no longer provide insurance protection B.) Will go to Mike's estate C.) Wwill be divided by probate D.) Will not be paid until the last brother dies - A.) Will no longer provide insurance protection Susan is insured through her Group Health Insurance plan and changed her coverage to an individual plan with the sa...

Pearson Vue Life Insurance Practice Exam Questions and verified Answers P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called an: An insurance producer takes an application for a life insurance policy but does not collect the initial premium. On d...

LA Life, Health & Accident Insurance Series 103 Practice Exam Questions and Answers Already Passed Under which situation must insurable interest exist between the applicant and insured at the time of application? When a third-party applicant names themselves beneficiary. Which of the following is true about a decreasing term life policy? The face amount reaches zero at policy expiration. Which of the following occurs immediately after the application is submitted and the initial premium paid?...

Which of the following actions require a policyowner to provide proof of insurability in an Adjustable Life Policy? 1. increase face amount 2. decrease face amount 3. increase premium paying period 4. decrease premium payment - correct answer increase face amount Which provision is NOT a requirement in a group life policy? 1. conversion 2. Grave period 3. Incontestable period 4. Accidental - correct answer 4. Accidental T applied for a Disability income policy and has a history...

Maine Life Insurance Exam Questions and Answers 100% Pass Contributory Health Insurance If the employees share a portion of the premium. Often require participation by 75% of eligible members. Noncontributory Health Insurance If the employer pays the entire premium. Most require 100% participation by eligible members. (Funding of Group Insurance) Shared funding Allows employer to self-fund health care expenses, select a deductible and pay covered expenses for any individual incurring claims up...

Contributory Health Insurance - Answer-If the employees share a portion of the premium. Often require participation by 75% of eligible members. Noncontributory Health Insurance - Answer-If the employer pays the entire premium. Most require 100% participation by eligible members. (Funding of Group Insurance) Shared funding - Answer-Allows employer to self-fund health care expenses, select a deductible and pay covered expenses for any individual incurring claims up to that max, insurer assum...

H&R Block Income Tax Specialist Test | Questions & Answers (100% Verified) H&R Block Income Tax Specialist Test | Questions & Answers (100% Verified) Sam pays his 19 yr. old son, Joshua, $550/month to maintain the lawn & garden at the family residence. Sam is subject to what household employment tax rules for Joshua? - ANSWER - A. Since Joshua is not performing any child case services, the household tax rules do not apply. B. Since Joshua is the taxpayer's child under age 21, the household...

WA Life and Disability Producer Combo Questions with Verified Solutions If a company provides group disability insurance to its employees, which of the following may be tax deductible? The premiums paid by the company as a business expense Which provides benefits for expenses incurred as a result of in-hospital medical treatment and surgery as well as certain outpatient expenses such as doctor's visits, laboratory tests, and diagnostic services? Hospitalization insurance Compared t...