Immediate annuity - Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Immediate annuity? On this page you'll find 1307 study documents about Immediate annuity.
Page 3 out of 1.307 results
Sort by
-
Seg Funds and Mutual Funds Questions and Answers Already Passed
- Exam (elaborations) • 10 pages • 2024
- Available in package deal
-
- $9.99
- 1x sold
- + learn more
Seg Funds and Mutual Funds Questions and Answers Already Passed 
On November 6, 2016 Jenny purchased a $200,000 non-registered segregated fund that invests in Canadian equities. The segregated fund has a 10 year, 75% maturity guarantee. If this fund matures on November 6, 2026 with an account value of $160,000, how much will Jenny receive from the maturity guarantee? $0 
When presented with a choice between a bank's 5-year GIC and an insurance company's deferred annuity for the same time perio...
-
Life, Accident, and Health Producer Exam
- Exam (elaborations) • 11 pages • 2023
-
Available in package deal
-
- $12.69
- 3x sold
- + learn more
Paul is an employee who caught a disease unique to the trade in which he was exposed to. Paul has a(n) - Answer- Occupational disease 
 
An immediate annuity has been purchased with a single premium. When does the annuitant typically begin receiving benefit payments? - Answer- 1 month 
 
Under which circumstance may a deferred insurance commission be paid to an individual? - Answer- Individual was a licensed producer at the time of the sale 
 
Under the Health Insurance Portability and Accountab...
-
PSI Life Exam Questions and Answers 2022/2023
- Exam (elaborations) • 9 pages • 2022
-
Available in package deal
-
- $9.49
- 13x sold
- + learn more
What kind of retirement plan can a 75-employee for profit corporation establish? - ANSWER-Simple IRA 
 
The taxable portion of a monthly income benefit paid during the annuity phase from a nonqualified annuity is calculated using the - ANSWER-Exclusion ratio 
 
Unfair claims settlement methods and practices by an insurance company include all of the following acts EXCEPT - ANSWER-failure to pay all claims that are reported within 90 days after a loss occurs 
 
The settlement option that allows p...
-
PSI Practice Exam - Life Insurance Questions and Answers Rated A+
- Exam (elaborations) • 31 pages • 2023
-
Available in package deal
-
- $9.99
- 2x sold
- + learn more
PSI Practice Exam - Life Insurance Questions and Answers Rated A+ 
For an individual long-term care policy there is an annual dollar limit for tax deductions that is based on which of the 
following? 1. age 
2. cost of care 
3. policy value 4. premium cost 1 
The group conversion option is allowed for all of the following EXCEPT 
1. termination of the master policy . 
2. loss of group coverage due to termination of employment. 
3. upon the loss of eligibility on the part of a class of insureds. ...
-
FInal Exam: California Life, Accident, and Health Insurance 2023 Complete Task Already Rated 5 Stars
- Exam (elaborations) • 5 pages • 2023
- Available in package deal
-
- $9.64
- 1x sold
- + learn more
What distinguishes a deferred annuity from an immediate annuity? - The time at which benefit payments start 
Cindy buys a 10-year certain annuity with an installment refund. After receiving monthly payments for 5 years, Cindy dies. How many remaining payments will the insurer make to her beneficiary? - 60 payments
Want to regain your expenses?
-
NC Insurance Licensing Exam Questions and Answers 100% Pass
- Exam (elaborations) • 25 pages • 2023
-
Available in package deal
-
- $9.99
- 1x sold
- + learn more
NC Insurance Licensing Exam Questions and Answers 100% Pass 
P is a producer who notices 5 questions on a life application were not answered. What actions should P take? Set up a meeting with the applicant to answer the remaining questions 
Which of the following does Social Security NOT provide benefits for? Dismemberment 
An Accident/Health policyholder has ____ days to return the policy and receive a full refund on premiums 10 
Under a Renewable Term policy, the renewable premium is calculate...
-
ALABAMA LIFE INSURANCE EXAM 2 2024 WITH 100% CORRECT ANSWERS UPDATED
- Exam (elaborations) • 10 pages • 2024
- Available in package deal
-
- $13.99
- 1x sold
- + learn more
ALABAMA LIFE INSURANCE EXAM 2 2024 WITH 100% CORRECT 
ANSWERS UPDATED 
Dividend options are defined as ways in which the policy owner can: - ANSWERS 
receives dividends paid on any stock held 
A life insurance company may pay a death claim for less than the face amount of a 
policy under which of the following conditions? - ANSWERS All of the above 
Which policy will have immediate cash? - ANSWERS single premium 
The process of underwriting primarily involves what two key steps? - ANSWERS ris...
-
Texas General Lines - Life, accident and health insurance PRACTICE EXAM
- Exam (elaborations) • 45 pages • 2023
-
Available in package deal
-
- $16.04
- 1x sold
- + learn more
Texas General Lines - Life, accident and health insurance PRACTICE EXAM-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 Decreasing Term policy for 20 years 
 
2) A 45-year old customer who is s...
-
TEXAS GENERAL LINES - LIFE, ACCIDENT AND HEALTH INSURANCE PRACTICE EXAM, COMPLETE SOLUTION
- Exam (elaborations) • 50 pages • 2023
-
Available in package deal
-
- $9.99
- 1x sold
- + learn more
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? - ANSWER 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 Decreasing Term policy for 20 years 
 
2) A 45-year old customer who is seeking to supplement his retirement income at age 65 would not buy a...
-
XCEL Life Underwriting & Annuities Questions and Answers Already Passed
- Exam (elaborations) • 6 pages • 2023
-
Available in package deal
-
- $9.99
- 1x sold
- + learn more
XCEL Life Underwriting & Annuities Questions and Answers Already Passed 
Which of the following statement is CORRECT about an agent who is taking an insurance application? The agent should have the applicant initial any changes made on the application 
Agent J takes an application and initial premium from an applicant and sends the application and premium check to the insurance company. The insurance company returns the check back to J because the check is made out to J instead of the insurance ...
How much did you already spend on Stuvia? Imagine there are plenty more of you out there paying for study notes, but this time YOU are the seller. Ka-ching! Discover all about earning on Stuvia