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Texas Life Insurance exam bundle with verified solutions
Texas Life Insurance exam bundle with verified solutions
[Show more]Texas Life Insurance exam bundle with verified solutions
[Show more]Texas Life, Accident, and Health Insurance 
Exam with Complete Solutions 
risk - answerchance of loss 
speculative risk - answer-involves the chance of gain or loss and is NOT 
insurable 
-ex: gambling 
pure risk - answerinvolves only the chance of loss and is insurable 
exposure - answerbeing subje...
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Add to cartTexas Life, Accident, and Health Insurance 
Exam with Complete Solutions 
risk - answerchance of loss 
speculative risk - answer-involves the chance of gain or loss and is NOT 
insurable 
-ex: gambling 
pure risk - answerinvolves only the chance of loss and is insurable 
exposure - answerbeing subje...
Texas Life Insurance Glossary 100% solved 
Absolute Assignment - answerA transfer by the policyholder of all control and 
rights to a third party. 
Accumulation at Interest Option - answerA dividend or settlement option under 
which the policyholder allows his dividends or policy proceeds to accumul...
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Add to cartTexas Life Insurance Glossary 100% solved 
Absolute Assignment - answerA transfer by the policyholder of all control and 
rights to a third party. 
Accumulation at Interest Option - answerA dividend or settlement option under 
which the policyholder allows his dividends or policy proceeds to accumul...
Texas Life Insurance Exam Solved 100% 
Correct 
P completes an application for a $10,000 life policy, but does not give the producer 
the initial premium. P's coverage becomes effective when - ANSWERP 
receives the policy and pays the premium 
A potential client, age 40, would like to purchase a Wh...
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Add to cartTexas Life Insurance Exam Solved 100% 
Correct 
P completes an application for a $10,000 life policy, but does not give the producer 
the initial premium. P's coverage becomes effective when - ANSWERP 
receives the policy and pays the premium 
A potential client, age 40, would like to purchase a Wh...
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