Ca life state - Study guides, Class notes & Summaries

Ref. 304 Purpose of base hospital Base hospital is ? correct answer: responsible for providing medical direction and destination to pre-hospital care personnel within LA County EMS system according to standard procedures consistent with statewide guidelines Ref. 304 Purpose of base hospital MICN is what? correct answer: registered nurse who has been authorized by the medical director, qualified to provide prehospital advanced life support or to issue instructions to EMS personnel with...

Introduction Basic Insurance Concepts and Principles Contract Law The Insurance Marketplace Basic Insurance Information Types of policies Annuities Which provision states that if a policy allows for greater compensation than the financial loss incurred, the insured may only receive benefits for the amount lost? correct answer: Indemnity For the purpose of insurance, risk is defined as correct answer: The uncertainty or chance of loss Which of the following is NOT a charact...

Taxation of Life Insurance and Annuity - Premium and Proceeds [Best Score: 75%] Employee Benefits Plans [Best Score: 87%] Underwriting/Pricing/Claims [Best Score: 100%] Financial Structure of Insurers Life insurance death proceeds are correct answer: Generally not taxed as income. A policyowner surrendered a non-participating whole life policy for $10,000 cash value. The policyowner had at that time paid premiums totaling $8,000. The federal income tax effect would be correct answer: $2,...

Primerica Life Insurance State Exam Rhode Island Latest Questions with 100% Correct Answers

Life insurance death proceeds are correct answer: Generally not taxed as income. A policyowner surrendered a non-participating whole life policy for $10,000 cash value. The policyowner had at that time paid premiums totaling $8,000. The federal income tax effect would be correct answer: $2,000 taxable, $8,000 tax free. If an insured surrenders his life insurance policy, which statement is true regarding the cash value of the policy? correct answer: It is only taxable if the cash value e...

Primerica Life Insurance State Exam RI with complete solution

Primerica Life Insurance State Exam RI

CA LIFE STATE PRACTICE EXAM PT 2(FROM EXAM FX ONLINE TEST)

Combo with CA LIFE STATE PRACTICE EXAM PT 2(FROM EXAM FX ONLINE TEST) and 1 other QUESTIONS AND ANSWERS WITH COMPLETE