Fx life insurance - Study guides, Class notes & Summaries

ExamFX Life Insurance Practice Exam questions with accurate answers

Alabama Life & Health Insurance ExamFX Life Insurance Policies Questions and Answers

Exam FX Life Insurance Test Questions & Answers.

Ray has an individual major medical policy that requires a coinsurance payment. Ray rarely visits his physician and would prefer to pay the lowest premium possible. Which coinsurance arranngement would be best for Ray? correct answer: 50/50 Which two terms are associated directly with the way an annuity is funded? correct answer: Single payment or periodic payments All of the following are examples of thirs party ownership of life insurance correct answer: An insured borrows money from ...

Exam FX Life Insurance Questions and answers latest update 2024

Exam FX Life Insurance Test Questions and answers latest update 2024

ExamFXLifeInsuranceTestQuestions&Answers. Ray has an individual major medical policy that requires a coinsurance payment. Ray rarely visits his physician and would prefer to pay the lowest premium possible. Which coinsurance arranngement would be best for Ray? - Correct Answer 50/50 Which two terms are associated directly with the way an annuity is funded? - Correct Answer Single payment or periodic payments All of the following are examples of thirs party ownership of life insurance - Cor...

EXAM FX LIFE INSURANCE QUESTIONS AND ANSWERS

The entire contract includes all of the following EXCEPT... correct answer: A buyer's guide All of the following statements about indexed whole life insurance EXCEPT... correct answer: The death benefit is not increased What guarantees that the information explained in the insurance contract is true? correct answer: A Warranty The entire contract includes: correct answer: (1) the policy, (2) a copy of the application, and (3) any riders or amendments. Under an indexed whole life...

the transfer of an insured's right to seek damages from a negligent party to the insurer is found in which of the following clauses? correct answer: Subrogation the purpose of managed care health insurance is to correct answer: control health insurance claims expenses a man works for company A and his wife works for company B. The spouses are covered by health plans through their respective companies that also cover the other spouse. If the husband files a claim correct answer: the ins...