Idaho life producer Study guides, Class notes & Summaries

What does life insurance protect against? - correct answer Dying too soon. What happens to the death benefit with a Variable Universal Life Policy? - correct answer It may increase/decrease within limits. Who sells insurance to a client and owes a fiduciary duty to an insurance company? - correct answer The Agent/Producer What does a "Family Policy" provide? - correct answer Different coverage on different family members. In order to qualify for AD&D coverage, the accident must dir...

Idaho Life Producer Exam questions and answer verified 100%

What does life insurance protect against? - correct answer Dying too soon. What happens to the death benefit with a Variable Universal Life Policy? - correct answer It may increase/decrease within limits. Who sells insurance to a client and owes a fiduciary duty to an insurance company? - correct answer The Agent/Producer What does a "Family Policy" provide? - correct answer Different coverage on different family members. In order to qualify for AD&D coverage, the accident must dir...

Who sells insurance to a client and owes a fiduciary duty to an insurance company? - ANSWER-The Agent/Producer What does a "Family Policy" provide? - ANSWER-Different coverage on different family members. In order to qualify for AD&D coverage, the accident must directly cause death within how many days? - ANSWER-90 days What is the time period called before an employee is eligible for group Disability Income or Health Insurance? - ANSWER-Probationary Period Is a death benefit provi...

What does life insurance protect against? - Dying too soon. What happens to the death benefit with a Variable Universal Life Policy? - It may increase/decrease within limits. Who sells insurance to a client and owes a fiduciary duty to an insurance company? - The Agent/Producer What does a "Family Policy" provide? - Different coverage on different family members. In order to qualify for AD&D coverage, the accident must directly cause death within how many days? - 90 days What is the ti...

Idaho Life Producer Exam Questions And Answers

What does life insurance protect against? - ANSWER Dying too soon. What happens to the death benefit with a Variable Universal Life Policy? - ANSWER It may increase/decrease within limits. Who sells insurance to a client and owes a fiduciary duty to an insurance company? - ANSWER The Agent/Producer What does a "Family Policy" provide? - ANSWER Different coverage on different family members. In order to qualify for AD&D coverage, the accident must directly cause death within how man...

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Idaho Life Producer Exam