Exact2Pass
An Individual buys an annuity that will pay her spouse an income for 20 years. If the spouse dies within that time, the Income will be paid to their children for the remainder of the period. What kind of annuity did the Insured buy?
What law do all Insurers and their agents need to comply with In regards to Information being obtained from a third party concerning the applicant?
Falsifying the terms, benefits, advantages, or conditions of an insurance policy Is an example of which of the following?
Which nonforfeiture option allows the policyowner to purchase less coverage for life?
To avoid tax consequences, a rollover from a Traditional IRA to another IRA MUST be done within
Which of the following represents a syndicate of underwriters that specialize in Insuring specific types of risk?
In which of the following dividend options would an Insurer invest the policyowners money and add interest earnings to the Initial amount of the dividends as such earnings accrue?
The proposed insured's statements on a life insurance application are considered to be
While texting and driving, an Insured loses control of the vehicle and hits a tree. The resulting collision Is
What is an Insurer's liability when it Is discovered after an Insured dies that the Insured's age on the policy was misstated?
Which of the following statements BEST describes a single premium cash value policy?
After a request has been received for verification of coverage from a viatical settlement provider, an insurance company authorized to do business shall respond within:
Extended term Insurance can be selected under which whole life policy provision?
An Insured owns a whole life policy that has accumulated cash value. Which of the following statements Is true about the policy's cash value?
As a form of level premium permanent Insurance, ordinary life Insurance accumulates a reserve that eventually
At what age can an Individual begin to receive distributions from an IRA without a tax penalty?
In which of the following fixed annuity features Is the surrender value tied to Interest rates?
Which of the following statements is TRUE regarding a waiver of premium rider?
Which of the following is a life insurance contract written on the life of an individual?
Which of the following plans will provide a death benefit to the policy's beneficiary Income tax free?