PEARSON VUE: CASUALTY INSURANCE EXAM PACKAGE DEAL (BUNDLE) WITH COMPLETE QUESTIONS AND ANSWERS 100% ACCURATE

Under the social security retirement benefits, all of the following factors will influence how much a retiring individual will receive as a monthly income benefit except the individual's - ANSWER-Sex In life insurance, insurance interest must exist at the time the - ANSWER-Producer writes an app...

P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: A.irrevocable beneficiary B.revocable beneficiary C.secondary beneficiary - ANSWER-B.revocable beneficiary A contract t...

Admitted life insurance must pay interest, at a rate specified by life, on death benefits from the date of the insured's death, through how many days following the date the insurer receives the claim? a. 15 days b. 20 days c. 30 days d. 31 days - ANSWER-c. 30 days The policy loan amount cann...

P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: a: irrevocable beneficiary b: revocable beneficiary c: secondary beneficiary - ANSWER-B A contract that has as its basic func...

J has a life policy with the Guaranteed Insurability rider. J has just celebrated their 42nd birthday and realizes that she wants to use her rider and buy more death benefit. Which of the following will apply to J's request? A: The insurer will allow J to add more insurance without proving insurab...

An insurer must provide claim forms to an insured within a MAXIMUM of how many days after receiving notice of an Accident & Health claim? A. Five B. Fifteen C. Twenty D. Thirty - ANSWER-b Under a group health plan, an employer may offer additional benefits to classes of employees on t...

c. 30 days - ANSWER-Admitted life insurance must pay interest, at a rate specified by life, on death benefits from the date of the insured's death, through how many days following the date the insurer receives the claim? a. 15 days b. 20 days c. 30 days d. 31 days c. Available cash surrender...

c. The Interest credited to the policy is based off of the performance of a stock market index life the S&P 500 - ANSWER-Which of the following statements about Equity Indexed Life insurance is TRUE? a. The policyowner can decide which separate accounts to invest the policy's cash values into b. ...

An individual may obtain a temporary insurance producer's license without passing the licensing examination if the individual: A.is a deceased licensed producer's next of kin A. is a deceased licensed producer's next of kin B.is taking insurance courses at a university B. is taking insuranc...

S is purchasing a Commercial Property policy to cover a commercial building with a replacement cost of $100,000. The policy includes an 80 percent Coinsurance clause. To avoid a coinsurance penalty in the event of a partial loss, S should purchase a policy with minimum limits of AT LEAST which of th...

Which of the following health insurance policy provisions allows an insurer to deny a claim that does not occur during the policy period? AReinstatement provision BInsuring clause COwnership provision DConsideration clause - ANSWER-B insuring clause The insuring clause specifies the time fr...

An insured may cancel a Personal Auto Policy by taking which of the following actions? A. Paying the insurance company any past due premiums B. Waiting until the policy expiration date C. Giving written notice to the insurance company D. Informing the producer by telephone - ANSWER-C ...