Life insurance exam prep - Study guides, Class notes & Summaries
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Life Insurance Exam Prep Questions and Answers Rated A+
- Exam (elaborations) • 43 pages • 2023
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Life Insurance Exam Prep Questions and Answers Rated A+ Primary purpose for a rating service company such as A.M best? To determine financial strength of an insurance company 
Primary reason for buying life insurance? Provide death benefits 
What is described as an insurers ability to make unpredictable payouts to its policy owners? Liquidity 
What is described as a plan in which an employer pays insurance benefits from a fund derived from the employers current revenue? Self-Funded Plan 
Which p...
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MA Producer Life Insurance Exam Prep Questions with 100% Correct Answers | Latest Version 2024 | Expert Verified | Ace the Test
- Exam (elaborations) • 22 pages • 2024
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Which of the following is an example of an unauthorized insurance company in Illinois? 
Company C, a Florida-based company that does not hold a certificate of authority Illinois 
but whose products are approved by the Illinois insurance department 
Company D, a Canadian company that holds a certificate of authority in Illinois 
Company B, an Iowa-based company that does not hold a certificate of authority in Illinois 
and sells products that are not approved by the Illinois insurance department ...
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NC Life Insurance Exam Prep With 100% Correct Answers
- Exam (elaborations) • 17 pages • 2024
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NC Life Insurance Exam Prep With 100% 
Correct Answers 
An agent who sells an individual life insurance policy in NC MUST deliver to the policyowner - 
answerA policy summary and buyer's guide 
All of the following actions are considered rebating EXCEPT - answerSharing commissions 
with other licensed and appointed agents 
What benefit does the Payor Clause on a Juvenile Life Policy provide? - answerPremiums 
are waived if payor becomes disabled 
An agent who signs a blank contract application ...
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NC LIFE INSURANCE EXAM PREP 2024 WITH 100% CORRECT ANSWERS
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An agent who sells an individual life insurance policy in NC MUST deliver to the policyownerAnswer - A policy summary and buyer's guide 
 
All of the following actions are considered rebating EXCEPTAnswer - Sharing commissions with other licensed and appointed agents 
 
What benefit does the Payor Clause on a Juvenile Life Policy provide?Answer - Premiums are waived if payor becomes disabled 
 
An agent who signs a blank contract application or policy of insuranceAnswer - Is guilty of a misdeme...
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NC Life Insurance Exam Prep Questions & Answers!!
- Exam (elaborations) • 18 pages • 2024
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An agent who sells an individual life insurance policy in NC MUST deliver to the policyowner - ANSWER A policy summary and buyer's guide 
 
All of the following actions are considered rebating EXCEPT - ANSWER Sharing commissions with other licensed and appointed agents 
 
What benefit does the Payor Clause on a Juvenile Life Policy provide? - ANSWER Premiums are waived if payor becomes disabled 
 
An agent who signs a blank contract application or policy of insurance - ANSWER Is guilty of a mis...
Too much month left at the end of the money?
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NC Life Insurance Exam Prep With 100% Correct Answers
- Exam (elaborations) • 17 pages • 2024
- Available in package deal
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NC Life Insurance Exam Prep With 100% 
Correct Answers 
An agent who sells an individual life insurance policy in NC MUST deliver to the policyowner - 
answerA policy summary and buyer's guide 
All of the following actions are considered rebating EXCEPT - answerSharing commissions 
with other licensed and appointed agents 
What benefit does the Payor Clause on a Juvenile Life Policy provide? - answerPremiums 
are waived if payor becomes disabled 
An agent who signs a blank contract application ...
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NC Life Insurance Exam Prep Questions and Answers Already Passed
- Exam (elaborations) • 16 pages • 2024
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- $12.49
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NC Life Insurance Exam Prep Questions and 
Answers Already Passed 
An agent who sells an individual life insurance policy in NC MUST deliver to the policyowner - 
Answer ️️ -A policy summary and buyer's guide 
All of the following actions are considered rebating EXCEPT - Answer ️️ -Sharing 
commissions with other licensed and appointed agents 
What benefit does the Payor Clause on a Juvenile Life Policy provide? - Answer ️️ -Premiums 
are waived if payor becomes disabled 
An agent w...
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NC Life Insurance Exam Prep Questions and Answers Already Passed!!
- Exam (elaborations) • 19 pages • 2024
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- $11.59
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NC Life Insurance Exam Prep Questions and Answers Already Passed 
An agent who sells an individual life insurance policy in NC MUST deliver to the policyowner 
A policy summary and buyer's guide 
 
 
All of the following actions are considered rebating EXCEPT 
Sharing commissions with other licensed and appointed agents 
 
 
What benefit does the Payor Clause on a Juvenile Life Policy provide? 
Premiums are waived if payor becomes disabled 
 
 
An agent who signs a blank contract application or...
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NC Life Insurance Exam Prep Questions with Verified Solutions
- Exam (elaborations) • 19 pages • 2024
- Available in package deal
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NC Life Insurance Exam Prep Questions 
with Verified Solutions 
A 15-year mortgage is best protected by what kind of life policy? - Answer 15-year 
decreasing term 
A 42 year old executive wants to purchase life insurance that will allow for increases or 
decreases to coverage as his/her needs change. Which of the following policies will 
best meet this need? - Answer Universal life 
A father who dies within 3 years after purchasing a life insurance policy on his infant 
daughter can hav...
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NC Life Insurance Exam Prep Questions and Answers Already Passed
- Exam (elaborations) • 16 pages • 2024
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- $12.49
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NC Life Insurance Exam Prep Questions and Answers Already Passed 
 
An agent who sells an individual life insurance policy in NC MUST deliver to the policyowner 
A policy summary and buyer's guide 
All of the following actions are considered rebating EXCEPT 
Sharing commissions with other licensed and appointed agents 
What benefit does the Payor Clause on a Juvenile Life Policy provide? 
Premiums are waived if payor becomes disabled 
An agent who signs a blank contract application or policy of...
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