Wfg l - Study guides, Class notes & Summaries

If the insured has a terminal illness, which provision would allow him or her to access a portion of the policy death benefit prior to death? - Answer-Accelerated benefits All of the following are classified as life activities by the ADA (Americans with Disabilities Act) EXCEPT: - Answer-Driving An insurer selling without a license would be guilty of which of the following? - Answer-A misdemeanor The enrollee pays what percentage of the premium for Medicare Part B? - Answer-100% An insure...

WFG LICENSE PRACTICE EXAM QUESTIONS WITH 100% CORRECT ANSWERS!!

Which of the following would be considered a nonmedical insurance application? a) An application that does not ask any questions about the applicant's medical history b) An application submitted with the Agent's Report c) Any application for life insurance d) An application on which the medical information is completed by the applicant and the agent only - Answer-d) An application on which the medical information is completed by the applicant and the agent only An application on which a...

WFG License UPDATED Actual Exam Questions and CORRECT Answers Accelerated benefits - CORRECT ANSWER- If the insured has a terminal illness, which provision would allow him or her to access a portion of the policy death benefit prior to death? Driving - CORRECT ANSWER- All of the following are classified as life activities by the ADA (Americans with Disabilities Act) EXCEPT: A misdemeanor - CORRECT ANSWER- An insurer selling without a license would be guilty of which of the following?

WFG LICENSE PRACTICE

WFG License Practice Questions and Answers 100% Verified and Updated If the insured has a terminal illness, which provision would allow him or her to access a portion of the policy death benefit prior to death? - Correct Answer ️️ -Accelerated benefits All of the following are classified as life activities by the ADA (Americans with Disabilities Act) EXCEPT: - Correct Answer ️️ -Driving An insurer selling without a license would be guilty of which of the following? - Correct Answ...

insurance - Answer-contract whereby one undertakes to idemnify [restore before loss] another against loss, damage, liability from contingency [unknown/ unplanned events] indemnify Give Example. - Answer-restore person to some financial position before loss has occurred to make someone whole EX: If someone passes, that lost of income is covered by life insurance (percentage of what is covered depends on plan of insurance purchased before incident) contingency - Answer-unknown/ unplanned ev...

WFG Life Insurance Exam Practice Questions and Answers 100% Pass Which of the following would be considered a nonmedical insurance application? a) An application that does not ask any questions about the applicant's medical history b) An application submitted with the Agent's Report c) Any application for life insurance d) An application on which the medical information is completed by the applicant and the agent only - Correct Answer ️️ -d) An application on which the medical infor...

WFG License Practice Questions and Answers 100% Verified and Updated If the insured has a terminal illness, which provision would allow him or her to access a portion of the policy death benefit prior to death? - Correct Answer ️️ -Accelerated benefits All of the following are classified as life activities by the ADA (Americans with Disabilities Act) EXCEPT: - Correct Answer ️️ -Driving An insurer selling without a license would be guilty of which of the following? - Correct Answ...

If the insured has a terminal illness, which provision would allow him or her to access a portion of the policy death benefit prior to death? - Accelerated benefits All of the following are classified as life activities by the ADA (Americans with Disabilities Act) EXCEPT: - Driving An insurer selling without a license would be guilty of which of the following? - A misdemeanor The enrollee pays what percentage of the premium for Medicare Part B? - 100% An insurer created to cover a parent...