Life and variable annuity - Study guides, Class notes & Summaries

variable annuity - there is no guarantee of the dollar amount of the payments, they fluctuate according to the value of an account vest primarly in common stocks join and survivor annuity - covers two or more lives and contiunes in force so long as any one of them survives period certain annuity - annuity imcome option that guarantees a definite minimum peroid of payments life annuity - payable during the continued life of the annuitant. No provision is made for the guaranteed return of the u...

variable annuity - there is no guarantee of the dollar amount of the payments, they fluctuate according to the value of an account vest primarly in common stocks join and survivor annuity - covers two or more lives and contiunes in force so long as any one of them survives period certain annuity - annuity imcome option that guarantees a definite minimum peroid of payments life annuity - payable during the continued life of the annuitant. No provision is made for the guaranteed return of the u...

FLORIDA 2-14 LIFE AND VARIABLE ANNUITY LICENSE EXAM 2024/2025 | 2 ACCURATE REAL EXAM CURRENTLY TESTING VERSIONS WITH ACTUAL QUESTIONS AND DETAILED ANSWERS WITH RATIONALES AND A STUDY GUIDE | EXPERT VERIFIED FOR GUARANTEED PASS | LATEST UPDATE

Florida Life and Variable Annuity Latest 2024 100% Pass variable annuity there is no guarantee of the dollar amount of the payments, they fluctuate according to the value of an account vest primarly in common stocks join and survivor annuity covers two or more lives and contiunes in force so long as any one of them survives period certain annuity annuity imcome option that guarantees a definite minimum peroid of payments life annuity payable during the continued life of the annuitant. No prov...

FLORIDA 2-15 INSURANCE LICENSE EXAM ACTUAL UPDATE WITH LATEST ONLINE WRITTEN EXAM QUESTIONS AND ANSWERS NEW UPDATE Accumulation units are converted into annuity units: A group life insurance plan in which the employer pays the entire premium is known as a ________________ plan. If a disabled worker covered under Social Security disability benefits recovers and then is disabled again within five years, a new waiting period is required before benefits begin again. Robert had an accid...

Michigan Variable Annuities ExamOther names for pure life settlement - correct answer -life income -life annuity What annuity settlement option produces the largest monthly income guaranteed for life? - correct answer pure life settlement option second life contingency option - correct answer life with period certain (ie. 10 years) so even if the annuitant does or does not die within that timeframe, insurer guarantees to continue the annuity payments to a named beneficiary for the bala...

214 FLORIDA INSURANCE LIFE AND VARIABLE ANNUITY NEWEST ACTUAL QUESTIONS AND VERIFIED SOLUTIONS|ALREADY GRADED A+ 100%TUTOR VERIFIED

LIFE PRODUCER EXAM (MI) QUESTIONS AND ANSWERS ALREADY PASSED Which of the following is NOT true regarding a Certificate of Authority? a)It may be necessary for transacting business in a specific state. b)It is equivalent to an insurance license. c)It is issued by the state department of insurance. d)It is issued to group insurance participants. d) It is issued to group insurance participants. Before insurers may transact business in a specific state, they must apply for a licen...

MICHIGAN VARIABLE ANNUITIES EXAM 2024 WITH 100% CORRECT ANSWERS Other names for pure life settlement - correct answer -life income -life annuity What annuity settlement option produces the largest monthly income guaranteed for life? - correct answer pure life settlement option second life contingency option - correct answer life with period certain (ie. 10 years) so even if the annuitant does or does not die within that timeframe, insurer guarantees to continue the annuity payments t...

Life, Accident and Health Final Exam Questions With 100% Correct Answers Which of the following provides benefits for the treatment of gum disease? A. Endodontics B. Orthodontics C. Periodontics D. Prosthodontics - answerC. Periodontics The Insured and primary beneficiary die in a common accident. The insured dies at the scene and the beneficiary dies thirty six days later. To whom is the $250k death benefit paid? A. The State Department of Revenue B. The Contingent Beneficiary C. The...