PA LIFE INSURANCE BUNDLED EXAMS 2024 WITH 100% CORRECT ANSWERS

PA LIFE, ACCIDENT, AND HEALTH EXAM 2024 WITH 100% CORRECT ANSWERS Premium payments for a universal life policy are NOT used for: - correct answer Separate account investments Under PA statute, first year commission for long-term care insurance may not be greater than - correct answer 50% of ...

PENNSYLVANIA INSURANCE STATE EXAM 2024 WITH 100% CORRECT ANSWERS Jonas is a whole life insurance policyowner and would like to add coverage for his two children. Which of the following products would allow him to accomplish this? - correct answer Child Term Rider Which of the following annui...

PENNSYLVANIA LIFE ONLY EXAM 2024 WITH 100% CORRECT ANSWERS Which contract element is insurable interest a component of? - correct answer Legal purpose When calculating the amount of life insurance needed for an income earner, what has to be determined when using the Needs Approach? - correc...

PA INSURANCE EXAM PRACTICE EXAM 2024 WITH 100% CORRECT ANSWERS Child Term Rider - correct answer Jonas is a whole life insurance policyowner and would like to add coverage for his two children. Which of the following products would allow him to accomplish this? Lifetime Protection - correct ...

PA LIFE INSURANCE LICENSE EXAM 2024 WITH 100% CORRECT ANSWERS an immediate annuity has been purchased with a single premium. when does the annuitant typically begin receiving benefit payments? - correct answer 1 month An insurer will accept a premium from the insured and continue the coverag...

PENNSYLVANIA STATE HEALTH AND LIFE INSURANCE EXAM 2024 Plan A - correct answer Which of the following must be present in all medicare supplement plans? National Do not call registry - correct answer What was created to keep telemarketers from calling consumers who do not wish to be contacted? ...

PA LIFE, ACCIDENT, & HEALTH INSURANCE EXAM 2024 Insurance - correct answer defined as the transfer of PURE risk to the insurance company in consideration for a premium. The chance of loss without any chance of gain is called - correct answer pure risk Speculative risk - correct answer has ...

PA LIFE INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS Single premium cash value policy can be described as.. - correct answer a policy that is paid up only after one payment All of the following are considered appropriate uses of life insurance.. - correct answer - attracting quality employe...