Examfx life - Study guides, Class notes & Summaries

ExamFX Life Insurance Final Exam questions with accurate answers. 100% Verified..

Texas Health and Life Insurance ExamFX What is the purpose of the buyer's guide? A.To Allow the consumer to compare the costs of different policies B. To provide the name and address of the agent. C. to list all policy riders. D. To provide information about the policy. - A.To Allow the consumer to compare the costs of different policies Which of the following best describes the concept that the insured pays a small amount of premium for a large amount of risk on the part of the insu...

the transfer of an insured's right to seek damages from a negligent party to the insurer is found in which of the following clauses? correct answer: Subrogation the purpose of managed care health insurance is to correct answer: control health insurance claims expenses a man works for company A and his wife works for company B. The spouses are covered by health plans through their respective companies that also cover the other spouse. If the husband files a claim correct answer: the ins...

ExamFX Life Insurance Final Exam Questions and Answers 100% AccurateExamFX Life Insurance Final Exam Questions and Answers 100% AccurateExamFX Life Insurance Final Exam Questions and Answers 100% Accurate A buyer's guide - ANSWER-The entire contract includes all of the following EXCEPT... The death benefit is not increased - ANSWER-All of the following statements about indexed whole life insurance EXCEPT... A Warranty - ANSWER-What guarantees that the information explained in the insu...

What is the term for how frequent a policyowner is required to pay the policy premium? correct answer: Mode Which of the following statements is true about a policy assignment? correct answer: It transfers rights of ownership from owner to another person During partial withdrawal from a university life policy, which portion will be taxed? correct answer: Interest Which of the following riders is often used in business life insurance policies when the policyowner needs to change the i...

ExamFX Life and Health Exam* Nebraska Life and Annuities, Accident and Health or Sickness Insurance Questions With Complete Solutions

EXAMFX LIFE AND HEALTH EXAM NEWEST ACTUAL EXAM COMPLETE 300 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+

EXAMFX LIFE AND HEALTH EXAM NEWEST ACTUAL EXAM 2 VERSIONS (VERSION A AND B) COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+

Examfx Life Simulated Exam A business owner was trying to obtain a bank loan to fund the purchase of a new business facility, but the bank required proof of additional assets to secure the loan. The business owner then decided to use her $250,000 life insurance policy to secure the loan. Which provision makes this possible? - Collateral Assignment Which of the following would be considered a nonmedical insurance application? - An application on which the medical information is complete...