Llqp a - Study guides, Class notes & Summaries

LLQP A

LLQP A

LLQP Practice Exam 150 Questions and Answers (100%Verified). What kind of life insurance beneficiary requires his/her consent when a change of beneficiary is made? *Irrevocable beneficiary *Tertiary beneficiary *Primary beneficiary *Revocable beneficiary - ANSWER *Irrevocable beneficiary (An irrevocable designation may not be changed without the written consent of the beneficiary.) When can a policyowner change a revocable beneficiary? *Anytime *After the consent of the current benefi...

LLQP Practice Exam 150 Questions and Answers (100%Verified). What kind of life insurance beneficiary requires his/her consent when a change of beneficiary is made? *Irrevocable beneficiary *Tertiary beneficiary *Primary beneficiary *Revocable beneficiary - ANSWER *Irrevocable beneficiary (An irrevocable designation may not be changed without the written consent of the beneficiary.) When can a policyowner change a revocable beneficiary? *Anytime *After the consent of the current benefi...

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Segregated Funds and Annuities | 144 Questions and Verified Solutions Latest Update What is Segregated Funds LLQP - SFA VL 01 - Answer -Segregated Fund is also an investment. it is just a fancy version of mutual fund. Segregated Fund is an insurance product, and it is an investment. Segregated Funds offer some unique features that mutual funds generally do not, such as: - Guarantees - Ability to BY-Pass Probate - Creditor Proofing A segregated Fund is a great product but remember it'...

LLQP Practice Exam 150 Questions and Answers (100%Verified). What kind of life insurance beneficiary requires his/her consent when a change of beneficiary is made? *Irrevocable beneficiary *Tertiary beneficiary *Primary beneficiary *Revocable beneficiary - ANSWER *Irrevocable beneficiary (An irrevocable designation may not be changed without the written consent of the beneficiary.) When can a policyowner change a revocable beneficiary? *Anytime *After the consent of the current benefi...

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LLQP Abbreviations.