Life ins - Study guides, Class notes & Summaries
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ISR3701: Non-Life Insurance MULTIPLE CHOICE Exam Pack For 2023 (Over 300 MQS and Answers)
- Exam (elaborations) • 171 pages • 2023
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ISR3701: Non-Life Insurance pack includes multiple choice questions on various topics related to non-life insurance, such as personal accident insurance, reinsurance, deductibles, and risk management and more. The questions cover past assignments and exams. This pack has over 300 MQS. The document is searchable! Risk Financing and Non-Life Insurance ISR3701. Insurance Institute of South Africa.
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CA LIFE INSURANCE EXAM-with 100% verified solutions 2024
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CA LIFE INSURANCE EXAM-with 100% verified solutions 2024
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CA Life Insurance Exam Questions and Answers 100% Pass
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CA Life Insurance Exam Questions and Answers 100% Pass What is meant by referring to an insurance policy as a unilateral contract? Only one party makes a legally enforceable promise. 
When must insurance records of insurance agents and brokers be made available to the Insurance Commissioner? At all times. 
Any situation that presents the possibility of a loss is known as a loss exposure 
Which of the following information is not required to be communicated in a Life insurance contract? Personal ...
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Indiana Life Insurance Exam Questions & Answers Correctly Answered.
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Which of the following is NOT a characteristic of a Variable Annuity? 
A. Premium Payments may be level or flexible or single premium 
B. The cash values are invested in securities. 
C. The non-forfeiture values will provide for the return of the cash value should the annuitant die 
during the accumulation period. 
D. It provides for a tax-free death benefit. - Answer-D. It provides for a tax-free death benefit. 
All of the following policies provide for the tax deferred accumulation of cash val...
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PRIMERICA LIFE INSURANCE EXAM | 100% Correct Answers | Verified | Latest 2024 Version
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An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the 
insurance company that was not taxable. This year, she did not receive a check from the insurer. From 
what type of insurer did the insured purchase the policy? 
a. mutual 
b. reciprocal 
c. nonprofit service organization 
d. stock - A. mutual 
funds not paid out after paying claims and other operating costs are returned to the policy owners in the 
form of a dividend. if all funds are paid o...
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Primerica Life Insurance Exam: 2023/ 2024 New Update (Questions and 100% Verified Answers)
- Exam (elaborations) • 20 pages • 2023
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Primerica Life Insurance Exam: 2023/ 2024 
New Update (Questions and 100% Verified 
Answers) 
1. A married couple owns a permanent policy which covers both of their lives and pays the 
benefit only upon the death of the first insured. Which policy is that? 
A. Survivorship Life Policy 
B. Second-to-Die 
C. Family income policy 
D. Joint life policy 
 Answer: D. Joint life policy 
 
 
 
 
 
2. An annuity owner is funding an annuity that will supplement her retirement. Because she 
does not...
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NY Life Insurance Exam Review 2024 Questions and Answers (Verified Answers)
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1.	Based on the Human Life Value Approach, which of the following is NOT used to calculate an individual's life value? 
A.	Insured's annual expenses 
B.	Effect of inflation on income over time 
C.	Predicted needs of the family after the insured's death 
D.	Insured's current and future income: C. Predicted needs of the family after the insured's death. 
The Human Life Value Approach to determining the value of an individual's life requires the calculation of probable future earnings of the ...
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PSI LIFE INSURANCE EXAM LATEST REAL EXAM QUESTIONS AND CORRECT ANSWERS | A-GRADE 2023/24
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PSI LIFE INSURANCE EXAM 
 
which of the following occurs immediately after the application is submitted and the initial premium paid: 
A: the underwriting process begins 
B: the applicant's references are checked 
C: the beneficiaries are selected 
D: the insurance goes into effect 
Correct Answer: 
A: the underwriting process begins 
 
in a level term life policy, which ALWAYS remains constant: 
A: premium 
B: beneficiary 
C: death benefit 
D: maximum age of the insured 
Correct Answer: 
C: d...
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Michigan Life Insurance State Exam Questions And Answers Correctly Done || 2024
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Michigan Life Insurance State Exam Questions And Answers Correctly Done || 2024
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NJ Life Insurance Exam Questions with Answers (Latest Update 2023)
- Exam (elaborations) • 43 pages • 2023
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NJ Life Insurance Exam Questions with Answers (Latest Update 2023)
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