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Missouri Life Insurance Exam Qs&As 
401(k) Plan - ANSWER-A qualified retirement plan in which the employee can set aside a portion of their 
income with pre-tax dollars. 
Absolute Assignment v. Collateral Assignment - ANSWER-Absolute: A permanent and irrevocable 
transfer of rights and/or benefits by the policyowner. 
Collateral: A temporary and/or revocable transfer of benefits by the policyowner 
Accelerated Death Benefit - ANSWER-Policy provision that allows full or partial payment of the ...
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Missouri Life Insurance Exam Qs&As 
401(k) Plan - ANSWER-A qualified retirement plan in which the employee can set aside a portion of their 
income with pre-tax dollars. 
Absolute Assignment v. Collateral Assignment - ANSWER-Absolute: A permanent and irrevocable 
transfer of rights and/or benefits by the policyowner. 
Collateral: A temporary and/or revocable transfer of benefits by the policyowner 
Accelerated Death Benefit - ANSWER-Policy provision that allows full or partial payment of the ...
Mental	Health	Community	Nursing: 
Please	read	the	informa@on	on	Mental	Health	nursing: 
hOp://
I	know	that	you	are	all	currently	in	Mental	Health,	so	will	not	belabor	the	topic,	but	please	no@ce	that	in	 
the	third	paragraph	the	site	points	out	that	most	people	needing	nursing	care	for	mental	health	receive	 
these	services	in	the	community	seSng	rather	than	the	hospital	seSng.