Life insurance exam 2025 - Study guides, Class notes & Summaries

Which is TRUE regarding the annuitant, when the annuitant is NOT the policy owner? 1. The annuitant has the right to name the beneficiary 2. The annuitant is the person paying the premiums 3. The cash value is available to the annuitant for withdrawals 4. Annuity payments will be based on the annuitants life expectancy ️ Annuity payments will be based on the annuitants life expectancy Signing an applicants name for insurance is known as...? 1. Concealment 2. Defamation ...

NJ LIFE PRODUCER LIFE INSURANCE EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS An insurer must renew a renewable term policy at the policyowner's request regardless of the insurability status of the insured. - Precise Answer Renewable Term Life Insurance The settlement option that provides for payments to be made in regular installments to a beneficiary until the principal and interest are exhausted best describes: - Precise Answer Fixed-amount What hours of operation is a branch office...

PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2025 An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy? a. mutual b. reciprocal c. nonprofit service organization d. stock - Correct answer-A. mutual funds not paid out after paying claims and other operating costs are re...

XCEL LIFE INSURANCE EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS Replacement regulation is designed to protect - Precise Answer Policyowners from mirepresentation and loss of benefits All Health Benefit Plans issued after January 1, 2014 must provide - Precise Answer Preventative health services Which of these will have the highest monthly payout upon annuitization - Precise Answer Straight life Which of the following is included in the entire contract according ti the entire contra...

UNIVERSITY OF UTAH LIFE INSURANCE EXAM Minimum Age to receive a license - correct answer 18 SEC - correct answer Securities Exchange Commission Children's Term Rider - correct answer -if attached to a life insurance policy, children can be covered under the policy until they reach the maximum age stated in the policy. At that point, they can convert their covered to a new policy without issuing a proof of insurabliity. Which of the following statements is TRUE concerning irrevoc...

NY LIFE INSURANCE EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS Based on the Human Life Value Approach, which of the following is NOT used to calculate an individual's life value? A. Insured's annual expenses B. Effect of inflation on income over time C. Predicted needs of the family after the insured's death D. Insured's current and future income - Precise Answer C. Predicted needs of the family after the insured's death. The Human Life Value Approach to determining the value of an...

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Indiana Life Insurance Exam 20242025 Questions with 100% Correct Answers | Verified | Latest Update

Pearson Vue Life Insurance Practice Exam 2024 Actual Questions with Verified Answers, 100% Guarantee Pass (2024 / 2025)

Pennsylvania State Health and Life Insurance Exam 2024 Actual Questions with Verified Answers, 100% Guarantee Pass (2024 / 2025)