Life insurance exam 202 - Study guides, Class notes & Summaries

PEARSON VUE LIFE INSURANCE EXAM 2 2024 ( VERSION A & B ) WITH ACTUAL CORRECT QUESTIONS AND VERIFIED DETAILED ANSWERS |FREQUENTLY TESTED QUESTIONS AND SOLUTIONS |ALREADY GRADED A+ |LATEST UPDATE | GUARANTEED PASS

Replacement regulation is designed to protect Policyowners from mirepresentation and loss of benefits All Health Benefit Plans issued after January 1, 2014 must provide Preventative health services Which of these will have the highest monthly payout upon annuitization Straight life Which of the following is included in the entire contract according ti the entire contract provison? Clauses Which of the following is considered to be an alternative to a life settleme...

AZ LIFE INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS -Secondary - correct answer A Contingent Beneficiary has the __________ right to collect an Insured's death benefit. -A uniform set of insurance regulations - correct answer What does the Producer Licensing Model Act (PLMA) provide? -A uniform set of insurance regulations -Disability income -A double payout -Private Life Maturity Assets -They are known for their very flexible payment terms - correct answer All but which of ...

ARKANSAS LIFE INSURANCE EXAM 2024 J is a producer who has induced an insured through misrepresentation to surrender an existing insurance policy. What is J guilty of? - correct answer Twisting What is implied authority defined as? - correct answer Authority that is not specifically given to an agent contract, but that an agent can reasonably assume to carry out his/her duties A person who is a nonsmoker, average weight, excellent health would fall into what risk classification? - corr...

Arizona Life and Health Insurance Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A Q: Which statement concerning the Entire Contact provision in an individual accident and health insurance policy is TRUE? Answer: The agent doesn't have the authority to change the policy or waive its provisions Q: Under the Fair Credit Reporting Act, which statement is true? Answer: The consumer who was investigated must be advised that credit, insurance...

XCEL LIFE INSURANCE FINAL EXAM LATEST 2024 XCEL SOLUTIONS LIFE INSURANCE EXAM 250 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+.

J is a producer who has induced an insured through misrepresentation to surrender an existing insurance policy. What is J guilty of? - correct answerTwisting What is implied authority defined as? - correct answerAuthority that is not specifically given to an agent contract, but that an agent can reasonably assume to carry out his/her duties A person who is a nonsmoker, average weight, excellent health would fall into what risk classification? - correct answerPreferred Which of the follo...

ARIZONA LIFE INSURANCE ONLY STATE EXAM 2024 Regulations for variable insurance contracts are set by all of the following EXCEPT Securities and Exchange Commission Department of Insurance State securities authorities State attorney general's office - correct answer State attorney general's office Which of the following is associated with an immediate annuity? Tax-free benefit payments Installment premium payments Lack of an accumulation period Lump-sum benefit - correct ans...

SC LIFE INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS An insurer will accept a premium from the insured and continue theicoverage in full force as though it was NOT late during which time period? Incontestable period Probation period Reinstatement period Grace period - correct answer Grace period A person who is a nonsmoker, of average weight, and in excellent health would most likely be in which risk classification? Standard

ARIZONA LIFE INSURANCE EXAM 2024 WITH 100% CORRECT 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 answer they are not guaranteed When there is a named beneficiary on a life insurance policy, the death benefits 1. are directed to a trustee if the insured has any out...