Face amount - Study guides, Class notes & Summaries
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NC Life insurance state exam study guideline With Latest
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NC Life insurance state exam study guideline 
With Latest 
Term Insurance - answerUsed for Temporary Situations. Net cost highest in the long run. 
Premiums goes up every year based on current (attained)age. 
Term Insurance - answerExpire's at a certain age/Time in the future. May be renewable up 
to a certain age or date with out a phyical Exam. 
Level Term Insurance - answerTerm insurance can be Renewed annually. Has a level Face 
Amount at renewal, Premiums goes up. Can be purchased for a Ye...
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CT LIFE & HEALTH INSURANCE EXAM 2024 (XCEL SOLUTIONS & PROMETRIC) QUESTIONS AND ANSWERS SOLVED 100% CORRECT!!
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CT LIFE & HEALTH INSURANCE EXAM 2024 (XCEL SOLUTIONS & PROMETRIC) QUESTIONS AND ANSWERS SOLVED 100% CORRECT!! 
 
 
Laura added a children's rider to her life insurance policy. What type of coverage was added? Answer - Level term 
 
With life insurance, the needs approach is used primarily in determining Answer - How much life insurance a client should apply for 
 
A(n)	is a licensee who charges a fee for contracted insurance advisory services. Answer - Consultant 
 
Jonas is covered with disabi...
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NC Life Insurance Practice Exam Questions and Answers Already Passed
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NC Life Insurance Practice Exam Questions and Answers Already Passed 
All of the following are included within the Insurance Commissioner's duties EXCEPT 
a) Conducting investigation of all domestic insurers. 
b) Reviewing the insurers' annual reports. 
c) Writing North Carolina insurance laws. 
d) Reporting any violations of insurance laws to the Attorney General. Writing insurance law is not the Insurance Commissioner's responsibility, but enforcing the law is. c) Writing North Carolina ins...
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NJ Life Producer Exam Study Life Insurance Questions and Answers 100% Pass
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NJ Life Producer Exam Study Life 
Insurance Questions and Answers 100% 
 
Pass 
 
An insurer must renew a renewable term policy at the policyowner's request regardless of the 
insurability status of the insured. 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: Fixed-amount 
 
What hours of operation is a branch office required to have? Must give pu...
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Ohio Health and Life Insurance Exam | 150 Questions with 100% Correct Answers | Verified | Latest Update 2024
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The type of policy where the insurer can send a notice to the insured that the policy has been cancelled 
in the middle of the term is called - cancelable 
Krissa purchases a 10-year level term life insurance policy that has a death benefit of $200,000. Which of 
these statements is true? 
The policy automatically converts to whole life after the 10-year period - The face amount and 
premium will remain constant over the 10 year period 
Which of the following provides Medicare supplement policie...
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PSI Life Exam Questions and Answers 100% Pass
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SI Life Exam Questions and Answers 100% Pass What kind of retirement plan can a 75-employee for profit corporation establish? Simple IRA 
The taxable portion of a monthly income benefit paid during the annuity phase from a nonqualified annuity is calculated using the Exclusion ratio 
Unfair claims settlement methods and practices by an insurance company include all of the following acts EXCEPT failure to pay all claims that are reported within 90 days after a loss occurs 
The settlement option t...
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Nevada Life & Health Insurance Exam Questions and Answers 100% Pass
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Nevada Life & Health Insurance Exam 
Questions and Answers 100% Pass 
term insurance - Answer- temporary protection because it only provides coverage for a 
specific period of time 
face amount - Answer- death benefit 
3 basic types of term coverage - Answer- level, increasing, decreasing 
- based on how the face amount changes during the policy term 
What is the premium in term insurance? - Answer- regardless of type of term insurance 
purchased, premium is level throughout the term of policy 
...
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IFSTA Chapter 6 & 7 Exam | Questions and Verified Answers| 100% Correct
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IFSTA Chapter 6 & 7 Exam | Questions and Verified Answers| 100% Correct 
 
Q: When an extinguishing agent is determined to be safe and effective for use on combustible metals, it will: 
A) include the test results on the face plate 
B) include application instructions on the faceplate 
C) be given a numerical rating based upon the amount of fire it can extinguish 
D) be a different color than extinguishers designed to extinguish other classes of fire 
 
 
Answer: 
B) include application instruc...
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PSM-1 Certification Exam Questions & Answers 2024
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PSM-1 Certification Exam Questions & Answers 2024 
 
 
These two things are considered Agile practices? - ANSWER-1. Timeboxing 
2. Test-Driven Development 
 
The Scrum Master facilitates these three events in SAFe? - ANSWER-1. Retrospective 
2. Daily stand-up 
3. Iteration Planning 
 
Who participates in the backlog refinement event? - ANSWER-The Agile Team members & other Subject Matter Experts 
 
3 pillars of Scrum - ANSWER-Adaption, Transparency, Inspection 
 
Empiricism - ANSWER-Deriving kno...
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Florida 2-15 Final Exam
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When life insurance proceeds are used to pay inheritance taxes and federal estate taxes, it is known as - Answer- Estate conservation 
 
In group insurance, the primary purpose of the Coordination of Benefits provision is to - Answer- Prevent overinsurance 
 
Which of the following statements is NOT true regarding health insurance policy provisions? - Answer- All additional provisions written by insurers are cataloged by their respective states. 
 
The policyowner has an option to pledge the lif...
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