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life insurance exam practice questions and answers | 100% correct
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life insurance exam practice questions and answers | 100% correct which approach considers the future needs of the survivors in determining amounts of life insurance? - Answer️️ -human life value approach what is insurable interest required? - Answer️️ -at time of application which of ...

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  • September 1, 2024
  • 15
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • life insurance exam practice questions and answers

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  • Life insurance
  • Life insurance

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SophiaBennett

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©SOPHIABENNETT
2024/2025 ACADEMIC YEAR




©SOPHIABENNETT 9/1/24 2024/2025

, life insurance exam practice questions
and answers | 100% correct


which approach considers the future needs of the survivors in determining amounts of

life insurance? - Answer✔️✔️-human life value approach


what is insurable interest required? - Answer✔️✔️-at time of application

which of the following is not an illegal document? - Answer✔️✔️-giving the insured an

article of merchandise printed with the producers name costing $$

which of the following is not true about converting a group policy to an individual policy?

- Answer✔️✔️-proof of insurability will be required

the period during which an annuitant beginsto receive income payments from an insurer

is known as - Answer✔️✔️-annuitization period

all of the following are examples of flexible life insurance policies except - Answer✔️✔️-

whole life

which is the simplest type of life insurance plan that provides protection - Answer✔️✔️-

level term life insurance

which of the following is the time of period after which is life insurance policy is

considered incontestable - Answer✔️✔️-period ends after 2 years

which of the following statements best describes a single premium cash value policy -

Answer✔️✔️-it requires one payment to make the policy paid up

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