Loma 301 exam study guide - Study guides, Class notes & Summaries

LOMA 301 Exam Study Guide. ACCELERATED DEATH BENEFIT - answerA SUPPLEMENTAL BENEFIT THAT GIVES A POLICYOWNER-INSURED THE RIGHT TO RECEIVE ALL OR PART OF THE POLICY'S DEATH BENEFIT BEFORE HER DEATH IF CERTAIN CONDITIONS ARE MET (ALSO CALLED A LIVING BENEFIT) ACCESS TO RECORDS PROVISION - answerA REINSURANCE AGREEMENT POLICY PROVISION THAT GIVES THE REINSURER THE AUTHORITY TO EXAMINE THE DIRECT WRITER'S RECORDS RELATED TO THE BUSINESS CONDUCTED BETWEEN COMPANIES ACCOUNTING - answerTHE F...