Cash accumulation Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Cash accumulation? On this page you'll find 1673 study documents about Cash accumulation.
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Michigan Variable Annuities Exam fully solved graded A+ 2023/2024
- Exam (elaborations) • 11 pages • 2023
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Michigan Variable Annuities ExamOther names for pure life settlement - correct answer -life income 
-life annuity 
 
What annuity settlement option produces the largest monthly income guaranteed for life? - correct answer pure life settlement option 
 
second life contingency option - correct answer life with period certain (ie. 10 years) so even if the annuitant does or does not die within that timeframe, insurer guarantees to continue the annuity payments to a named beneficiary for the bala...
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Arizona Life Insurance Exam Questions and Answers (Latest Update 2023) Verified Answers
- Exam (elaborations) • 84 pages • 2023
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Arizona Life Insurance Exam 
Questions and Answers 
(Latest Update 2023) 
Verified Answers 
a whole life policy that provides a choice of dividend options include the 
following statement about dividends they accrue at a guaranteed rate 
they are deferred for one year they are not guaranteed they are guaranteed 
after the first year - Correct Answers they are not guaranteed 
When there is a named beneficiary on a life insurance policy, the death 
benefits 
1. are directed to a trustee ...
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Texas General Lines - Life, accident and health insurance PRACTICE EXAM Questions and Answers with complete solutions
- Exam (elaborations) • 52 pages • 2022
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Texas General Lines - Life, accident and health insurance 
PRACTICE EXAM Questions and Answers with complete 
solutions 
LIFE SECTION 1 
1) Sandra Timms, age 27, is advised by her producer to purchase Life insurance to 
cover a 20-year-amortized $50,000 business-improvement loan. Which of the following 
plans would adequately protect Ms. Timms at the minimum premium outlay? 
A- $50,000 Whole Life policy 
B- $50,000 Level Term policy for 20 years 
C- $50,000 20 Pay Life policy 
D- $50,000 Decreas...
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SC Accident. Health, and Life Insurance Exam Questions & Answers 100% Accurate!!
- Exam (elaborations) • 8 pages • 2024
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Annuity Certain - ANSWERSMaria would like an annuity that provides a guaranteed accumulation or payout. The type of annuity she is seeking is called 
 
Survivorship Life - ANSWERSThe type of policy which pays on the death of the last person is called 
 
Malign another insurer - ANSWERSDefamation occurs when a producer makes a false statement intended to 
 
A 70 year old NOT eligible for Social Security 
 
*You are not eligible to receive Medicare Part A benefits at age 65 or older if you are el...
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Michigan Life and Health Final Exam Actual Questions and Answers 100% Correct
- Exam (elaborations) • 23 pages • 2024
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Michigan Life and Health Final Exam Actual Questions and Answers 100% Correct 
What amount will be paid under a policy where the insured misstated his/her age? ANS-an amount the premium would have purchased at the correct age 
 
the acceptance of a credit life application requires the submission of a certificate of insurance to the insured within_____ days ANS-30 days 
 
which of these is considered to be a Living benefit option in a life insurance policy ANS-Accelerated death benefit 
 
loans o...
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New York Life Insurance Exam Questions and Answers 100% Correct
- Exam (elaborations) • 17 pages • 2023
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New York Life Insurance Exam Questions and Answers 100% CorrectNew York Life Insurance Exam Questions and Answers 100% CorrectAccelerated Benefits - ANSWER-Riders attached to life insurance policies which allow death benefits to be used to cover nursing or convalescent home expenses. 
 
Accidental Death Benefits - ANSWER-A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death. 
 
Accidental Death Insurance - ...
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NC Life Exam Questions With 100% Correct Answers 2024
- Exam (elaborations) • 6 pages • 2024
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NC Life Exam Questions With 100% Correct 
Answers 2024 
The validity of the policy cannot be conested once it has been in force for at least how many 
years after its date of issue? - answer2 Years 
A rider attached to a life insurance policy that provides coverage on the insured's family 
members is called the - answerOther-insured rider 
When an insured makes truthful statements on the application for insurance and pays the 
required premium, it is know as what - answerConsideration 
The regu...
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Florida 2-15 Insurance Final Exam Test Bank (All Chapters complete 1-30, Questions and Answers, 100% Verified) Latest 2023/2024
- Exam (elaborations) • 131 pages • 2023
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Florida 2-15 Insurance Final Exam Test Bank (All Chapters complete 1-30, Questions and Answers, 100% Verified) Latest 2023/2024 
1. A life insurance company is organized in Orlando where it maintains its home 
office. In Florida, the company is classified as a 
a. domestic company 
b. local company 
c. foreign company 
d. preferred company 
a 
2. With regard to life insurance, all of the following statements are correct 
EXCEPT 
a. all individuals are considered to have insurable interests i...
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Illinois Life & Health Insurance Exam
- Exam (elaborations) • 13 pages • 2023
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Illinois Life & Health Insurance Exam
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CA PSI Site - Life, Accident and Health Agent Examination (Life Agent)| Questions and Answers, 100% Correct| Latest 2023/2024
- Exam (elaborations) • 22 pages • 2023
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CA PSI Site - Life, Accident and Health Agent Examination (Life Agent)| Questions and Answers, 100% Correct| Latest 2023/2024 
CA PSI Site - Life, Accident and Health 
Agent Examination (Life Agent)| Questions 
and Answers, 100% Correct| Latest 
2023/2024 
Admitted Insurance Company vs. Non-Admitted Insurance Company 
An admitted insurance company is authorized to transact insurance in California 
because it has a Certificate of Authority granted by the California Department of 
Insurance (...
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