Annuity agent training - Study guides, Class notes & Summaries

Annuity Agent TrainingChapter 1 Review Questions - correct answer 1. Which of the following influenced insurers to introduce variable annuities? I. the post-war economic boom II. consumers' experience with mutual funds III. consumer demand a. I and II only b. I and III only c. II and III only d. I, II, and III - correct answer 1. d. d. I, II, and III I. the post-war economic boom II. consumers' experience with mutual funds III. consumer demand

ANNUITY AGENT TRAINING CALIFORNIA 8-HOUR INSURANCE CE 2023 (WHICH OF THE FOLLOWING INFLUENCED INSURERS TO INTRODUCE VARIABLE ANNUITIES)

Annuity Agent Training questions and answers A+ score assured 2024/2025

People that work in funeral service in Texas must hold what type of license to sell funeral or burial insurance? - Answer- "Limited" Funeral Prearrangement Life License or "Full" Texas Legal Reserve Life Agent license For the purpose of this training course, the following terms will be used interchangeably to refer to the same process: prepaid, prearrangement and - Answer- preneed Insurance products which may be used to fund funeral prearrangement contracts must be approved by the - An...

AML Exam (CE) Questions and Answers 2023 1. The information an insurance agent must collect for customer identification purposes depends on a. the amount of money the customer is worth. b. The amount of money the customer spends. c. whether the insurance product the customer is purchasing at a low or high risk for money laundering. d. the size and resources of the insurance company. c. Whether the insurance product under consideration is at a low or high risk for money laundering 2....

Maryland Life and Health Insurance Practice Exam Questions and Answers Graded A+ The contractual rights which allow the owner of a deferred annuity to surrender the cash value several years before the annuity date are called - Correct Answer ️️ - Nonforfeiture Options How many days does the ACA require insurers to give before rescinding coverage? - Correct Answer ️️ -30 Under an adjustable life insurance policy, these may be changed without further writing - Correct Answer ️️...

Texas Life Insurance Exam Questions with Complete Solution [100% VERIFIED] Texas Life Insurance Exam Questions with Complete Solution [100% VERIFIED] Who is considered a field underwriter? - Answer An agent Who is considered a nonresident agent? - Answer An agent who resides in another state, but is licensed to write insurance in this state. Whose life expectancy is taken into consideration in an annuity? - Answer Annuitant A key-person insurance policy bene...

Xcel Texas Pre-licensing Education - Life and Health Insurance Insurance Glossary 1. Absolute assignment ️ Policy assignment under which the assignee (person to whom the policy is assigned) receives full control over the policy and also full rights to its benefits. Generally, when a policy is assigned to secure a debt, the owner retains all rights in the policy in excess of the debt, even though the assignment is absolute in form. (See assignment) 2. Accelerated benefits rider ...

Preneed Prep Exam Prep Questions With Complete Solutions Latest Updated 2024/2025 (100% CORRECT)Joint Memorandum - Who What When Why - Answer- Who: DOB, FSC, TDI What: A joint agreement that established specific area of responsibilities for prepaid funeral svc . When: 1995 Why : its creation was mandated by the Texas Civil Statutes What is a preneed Funeral contract - Answer- Any written contract of agreement, funded by an insurance policy, annuity contract or trust deposit, for the p...

Preneed Exam Prep Questions With Complete Solutions Latest Updated 2024/2025 (100% CORRECT) Joint Memorandum - Who What When Why - Answer- Who: DOB, FSC, TDI What: A joint agreement that established specific area of responsibilities for prepaid funeral svc . When: 1995 Why : its creation was mandated by the Texas Civil Statutes What is a preneed Funeral contract - Answer- Any written contract of agreement, funded by an insurance policy, annuity contract or trust deposit, for the purpo...