Nc life health insurance - Study guides, Class notes & Summaries
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NC life and health insurance study questions with 100% correct solutions
- Exam (elaborations) • 51 pages • 2024
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NC life and health insurance study 
questions with 100% correct solutions 
Which of the following is NOT a characteristic of universal life insurance? 
A Flexible death benefit 
B Cash account 
C Fixed premium 
D Unbundled premium - Correct Answer ️️ -C 
Universal life policies allow the policy owner to increase the amount of premium going 
into the policy and to later decrease it again. They may even skip a premium payment. 
The rest of the features apply to universal life policies. 
Which ...
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NC life and health insurance study questions with certified answers Graded A+
- Exam (elaborations) • 28 pages • 2024
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NC life and health insurance study questions with certified answers 
Which of the following is NOT a characteristic of universal life insurance? 
A Flexible death benefit 
B Cash account 
C Fixed premium 
D Unbundled premium 
C 
Universal life policies allow the policy owner to increase the amount of premium going into the policy and to later decrease it again. They may even skip a premium payment. The rest of the features apply to universal life policies. 
 
 
Which of the following would help ...
-
NC life and health insurance study questions with certified answers Graded A+
- Exam (elaborations) • 28 pages • 2024
-
Available in package deal
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NC life and health insurance study questions with certified answers 
Which of the following is NOT a characteristic of universal life insurance? 
A Flexible death benefit 
B Cash account 
C Fixed premium 
D Unbundled premium 
C 
Universal life policies allow the policy owner to increase the amount of premium going into the policy and to later decrease it again. They may even skip a premium payment. The rest of the features apply to universal life policies. 
 
 
Which of the following would help ...
-
NC LIFE AND HEALTH INSURANCE STUDY EXAM | QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) | LATEST UPDATE | GRADEA+
- Exam (elaborations) • 65 pages • 2024
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NC LIFE AND HEALTH INSURANCE 
STUDY EXAM | QUESTIONS & 100% 
CORRECT ANSWERS (VERIFIED) | LATEST 
UPDATE | GRADEA+ 
Which of the following is NOT a characteristic of universal life insurance? 
A Flexible death benefit 
B Cash account 
C Fixed premium 
D Unbundled premium 
Correct Answer: C 
Universal life policies allow the policy owner to increase the amount of premium going 
into the policy and to later decrease it again. They may even skip a premium payment. 
The rest of the features ap...
-
NC life and health insurance study questions with certified answers Graded A+
- Exam (elaborations) • 30 pages • 2024
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- $13.49
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NC life and health insurance study questions with certified answers Graded A+ 
 
Which of the following is NOT a characteristic of universal life insurance? 
A Flexible death benefit 
B Cash account 
C Fixed premium 
D Unbundled premium 
C 
Universal life policies allow the policy owner to increase the amount of premium going into the policy and to later decrease it again. They may even skip a premium payment. The rest of the features apply to universal life policies. 
Which of the following wou...
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NC life and health insurance study questions with certified answers
- Exam (elaborations) • 38 pages • 2024
- Available in package deal
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- $12.49
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NC life and health insurance study questions 
with certified answers 
Which of the following is NOT a characteristic of universal life insurance? 
A Flexible death benefit 
B Cash account 
C Fixed premium 
D Unbundled premium - Answer ️️ -C 
Universal life policies allow the policy owner to increase the amount of premium going into the 
policy and to later decrease it again. They may even skip a premium payment. The rest of the 
features apply to universal life policies. 
Which of the follow...
-
NC Health Insurance Exam Pearson Vue Latest Graded A+
- Exam (elaborations) • 16 pages • 2024
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NC Health Insurance Exam Pearson Vue Latest Graded A+ 
Pure Risk 
chance of loss or no loss but not gain insurable 
 
 
Speculative Risk 
there is possibility of loss but of gain no insurablility 
 
 
exposure unit 
subject to loss 
 
 
peril 
cause of loss 
 
 
life insurance 
death 
 
 
Health insurance 
accident and sickness 
 
 
hazard 
increases the likelihood or severity of loss 
 
 
Three types of hazard 
physical, moral, morale 
 
 
physical hazard 
arise from the inherent characteristi...
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NC life and health insurance study questions with certified answers Graded A+
- Exam (elaborations) • 30 pages • 2024
-
- $13.49
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NC life and health insurance study questions with certified answers Graded A+ 
 
Which of the following is NOT a characteristic of universal life insurance? 
A Flexible death benefit 
B Cash account 
C Fixed premium 
D Unbundled premium 
C 
Universal life policies allow the policy owner to increase the amount of premium going into the policy and to later decrease it again. They may even skip a premium payment. The rest of the features apply to universal life policies. 
Which of the following wou...
-
NC life and health insurance study questions and answers
- Exam (elaborations) • 51 pages • 2024
- Available in package deal
-
- $13.49
- + learn more
NC life and health insurance study 
questions and answers 
Which of the following is NOT a characteristic of universal life insurance? 
A Flexible death benefit 
B Cash account 
C Fixed premium 
D Unbundled premium - Answer- C 
Universal life policies allow the policy owner to increase the amount of premium going 
into the policy and to later decrease it again. They may even skip a premium payment. 
The rest of the features apply to universal life policies. 
Which of the following would help pre...
-
NC Life and Health Insurance Study Questions & Answers Solved 100% Correct!!
- Exam (elaborations) • 94 pages • 2024
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- $12.99
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NC Life and Health Insurance Study Questions & Answers Solved 100% Correct!!
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