Pearson vue comprehensive - Study guides, Class notes & Summaries

Pearson Vue Comprehensive Exam Part 2 with Complete Solutions(RATED A+).c. The Interest credited to the policy is based off of the performance of a stock market index life the S&P 500 - ANSWER-Which of the following statements about Equity Indexed Life insurance is TRUE? a. The policyowner can decide which separate accounts to invest the policy's cash values into b. The insured/owner bears all risk regarding cash surrender value, as negative stock market performance can cause the cash values ...

PEARSON VUE COMPREHENSIVE EXAM QUESTIONS AND CORRECT ANSWERS, MUTIPLE CHOICE. VERIFIED SOLUTION B. Survivor protection, estate creation and conservation, cash accumulation and liquidity What are the personal uses of life insurance? A. Insured protection, estate creation and cash accumulation B. Survivor protection, estate creation and conservation, cash accumulation and liquidity C. Cash accumulation, estate depletion and liquidity D. Beneficiary protection, liquidity, estate creation, a...

Pearson Vue Comprehensive Exam Part 2 with 100% correct answers

Pearson Vue Comprehensive Exam Part 1 Questions With 100% Correct Answers Admitted life insurance must pay interest, at a rate specified by life, on death benefits from the date of the insured's death, through how many days following the date the insurer receives the claim? a. 15 days b. 20 days c. 30 days d. 31 days - answerc. 30 days The policy loan amount cannot exceed the __________________. a. The cumulative premiums paid b. The loan balance c. Available cash surrender value d...

Pearson Vue Comprehensive Exam Part 1 with Complete Solutions(RATED A+).c. 30 days - ANSWER-Admitted life insurance must pay interest, at a rate specified by life, on death benefits from the date of the insured's death, through how many days following the date the insurer receives the claim? a. 15 days b. 20 days c. 30 days d. 31 days c. Available cash surrender value - ANSWER-The policy loan amount cannot exceed the __________________. a. The cumulative premiums paid b. The loan balan...

Pearson Vue Comprehensive Exam Part 2 With Solutions 100% Solved c. The Interest credited to the policy is based off of the performance of a stock market index life the S&P 500 Which of the following statements about Equity Indexed Life insurance is TRUE? a. The policyowner can decide which separate accounts to invest the policy's cash values into b. The insured/owner bears all risk regarding cash surrender value, as negative stock market performance can cause the cash values to dec...

PEARSON VUE COMPREHENSIVE EXAM Question and answers 2023 verified to passed

Admitted life insurance must pay interest, at a rate specified by life, on death benefits from the date of the insured's death, through how many days following the date the insurer receives the claim? a. 15 days b. 20 days c. 30 days d. 31 days Correct Answer: c. 30 days The policy loan amount cannot exceed the __________________. a. The cumulative premiums paid b. The loan balance c. Available cash surrender value d. The face amount of the policy Correct Answer: c. Available cas...

Pearson Vue Comprehensive Exam Part 1 Questions With 100% Correct Answers Admitted life insurance must pay interest, at a rate specified by life, on death benefits from the date of the insured's death, through how many days following the date the insurer receives the claim? a. 15 days b. 20 days c. 30 days d. 31 days - answerc. 30 days The policy loan amount cannot exceed the __________________. a. The cumulative premiums paid b. The loan balance c. Available cash surrender value d...

Pearson Vue Comprehensive Exam Part 2 Questions With 100% Correct Answers c. The Interest credited to the policy is based off of the performance of a stock market index life the S&P 500 - answerWhich of the following statements about Equity Indexed Life insurance is TRUE? a. The policyowner can decide which separate accounts to invest the policy's cash values into b. The insured/owner bears all risk regarding cash surrender value, as negative stock market performance can cause the cash v...