Liquidation of an estate - Study guides, Class notes & Summaries

Exam FX Insurance- Wisconsin Life questions (Answered). 100% Accurate, Graded A An insurer decides to renew a policy but at a higher premium rate, starting on the renewal date. How many days in advance must the insured be notified? a) 30 b) 60 c) 90 d) 100 - -b How is the Commissioner of Insurance placed in office? a)By NAIC nomination b)Through a bid process c)An election at the same time that other state officials are selected d)An appointment by the Governor - -d An ins...

NJ Life Producer Exam Correct answers latest update Which of the following amounts must decrease in a decreasing term? Death benefit In life insurance, insurable interest must exist at the time the.. Producer writes an on a proposed insured An applicant makes an offer to the insurer when they pay an initial premium with the application Which of the following makes Universal Life insurance different from other forms of permanent insurance? Premium Schedule An insurer that...

OCT/NOV 2020 FIN2602 Personal Financial Management 70 Marks Duration 2 Hours First examiner: Nico Swart Second examiner: Me L Ngcobo This paper consists of 21 pages including one rough work sheet plus instructions for the completion of a mark reading sheet. Instructions: Use of a non-programmable pocket calculator is permissible. This examination question paper remains the property of Unisa. We remind you about your Honesty Declaration. Remember to submit your examinatio...

Primerica - Exam test Questions With 100% Correct Answers 2023 An insurer has made all of the decisions regarding the provisions included in the insured's policy. The insured finds an objectionable provision and wants to negotiate it with the insurer but is not allowed to do so. Her only options are to reject the policy or accept it as is. Which contract feature does this describe? a) Unilateral b) Conditional c) Personal d) Adhesion - Correct answer-Adhesion An insurance policy that ...

Arizona Life Insurance Exam - Life Insurance Basics Questions and Answers Graded A Beneficiary A person who receives the benefits of an insurance policy Death Benefit The amount paid upon the death of the insured in a life insurance policy Cash Value Equity amount accumulated in permanent life insurance Estate A person's net worth Illustrations Presentation or depiction of nonguaranteed elements of a life insurance policy Life Insurance Coverage on human lives Liquidation Selling assets i...

Texas Principles of Real Estate - Part 2 Exam Questions and Answers . Terms like: The liquidation of a financial obligation on an installment basis is referred to as...? Buy-down Discounting Amortization None of the above - Answer: Amortization

Life Insurance Study Exam- Georgia Questions And Revised Correct Answers | 100% Pass!! An insurance producer selling a Variable Annuity whose cash value depends on the performance of an underlying investment account must be registered with: - ANSWER : The Financial Industry Regulatory Authority (FINRA, formerly the NASD) A life insurance policy whose cash value will fluctuate depending upon the performance of a separate account is: - ANSWER : Variable Life John Livingston owns ...

Texas Principles of Real Estate - Part 2 Exam Questions and Answers . Terms like: The liquidation of a financial obligation on an installment basis is referred to as...? Buy-down Discounting Amortization None of the above - Answer: Amortization

Insurance (General concept) - ANSWER - transfers the risk of loss from an individual to an insurer - based on the principle of indemnity - based on the principle of risk (risk pooling) insurable interest (General Concept) - ANSWER - must exist at the time of the application - insuring one's own life, family member, or a business partner Solicitation and sales presentation - ANSWER - illustration- presentation of nonguaranteed elements - buyer's guide is generic information abo...

An auction listing contract CORRECT ANSWER Must be written to be enforceable Seller CORRECT ANSWER In the contracting to operate a consignment auction this determine the rules of the sale between the auctioneer and the _____ If a public auction your seller directs you to disregard ethical behavior, you should: CORRECT ANSWER Avoid the seller A real estate deed is a document to determine; CORRECT ANSWER Convey land ownership An auctioneers license number must be displayed on: CORRECT ...