Exam (elaborations)
ARKANSAS HEALTH INSURANCE FINAL EXAM XCEL STUDY QUESTIONS AND ANSWERS
- Course
- Institution
ARKANSAS HEALTH INSURANCE FINAL EXAM XCEL STUDY QUESTIONS AND ANSWERS
[Show more]
Content preview
Matching questions1-128 of 128
Click a definition to match it with a term
These are considered to be common life insurance nonforfeiture options
Give this one a try later!
Cash surrender; extended term insurance; & reduced paid-up insurance
A life insurance company has transferred some of its risk to another insured. The
insured assuming the risk is called the
,Give this one a try later!
Reinsurer
Which of these factors would an insurer consider when determining whether to
except a group life plan
Give this one a try later!
Average age
Which market index is normally associated with an indexed annuity's rate of return
Give this one a try later!
S & P 500
Kurt is an active duty service man who was recently killed in an accident while home
on leave. Which military service exclusion clause would pay upon his death
Give this one a try later!
Results
Which type of policy combines the flexibility of a universal life policy with investment
choices?
,Give this one a try later!
Variable universal life policy
The automatic premium loan provision authorizes an insurer to withdraw from the
policy's cash value the amount of
Give this one a try later!
Past due premiums that have not been paid by the end of the grace period
Which type of beneficiary should be named if the insured wants to give explicit
directions on how the policy proceeds should be paid
Give this one a try later!
Individual
The renewal period for a producers license is a
Give this one a try later!
Two year term
Arkansas' 10-day free-look period for life insurance policies begins at the
, Give this one a try later!
Date of delivery
Which factors are taken into account when determining an applicants life insurance
needs
Give this one a try later!
Social Security; savings; pension
When a qualified plan starts making payments to its recipient, which portion of the
distributions is taxable?
Give this one a try later!
Gains
What policy feature makes a universal life policy different from a whole life policy
Give this one a try later!
A flexible premium schedule
Arkansas law requires that an insurer must notify the commissioner of a producer
appointment termination
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller selftest. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75632 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now