Annuities can liquidate - Study guides, Class notes & Summaries
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Annuity – WebCE Questions and Answers Already Graded A
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Annuity – WebCE Questions and Answers Already Graded A Annuitization is Accumulated values are converted into a stream of periodic income payments. 
How often can payments of annuities be paid out? A specified term of years, for life, or a combination of the two. 
What is the reason (how has a consumer's priorities and needs shifted) that annuities are well suited for late-life retirement planning? When a consumer priorities and needs typically shift from asset accumulation to income distribu...
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XCEL Solutions Life and Health License Exam (CA) Complete Solutions
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XCEL Solutions Life and Health License Exam (CA) Complete 
Solutions 
A saving vehicle designed to first accumulate funds and then systematically liquidate the funds 
️ Deferred annuity. 
An annuity backed by a life insurer's separate account 
️ Variable Annuity. 
Cindy buys a 10-year certain annuity with an installment refund. After receiving monthly payments for 5 
years, Cindy dies. How many remaining payments will the insurer make to her beneficiary? 
️ 60 payments. 
An...
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Idaho Insurance Exam 2023-2024 Questions and Answers Accurate 100%(RATED A+)
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Net Single Premium - ANSWER-Premium that a person must pay in a lump sum to receive all the benefits promised in the policy if no insurer expenses were considered 
 
Insurers will also consider which of the following in evaluating risk. - ANSWER-Numerical rating system to evaluate the risk posed by proposed insureds 
 
Key difference between variable life and variable universal life insurance - ANSWER-Variable life insurance require a fixed premium payable for the life of the policy while variab...
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PRIMERICA LIFE INSURANCE EXAM QUESTIONS WITH CORRECT ANSWERS LATEST UPDATE 2024 (GRADED A+)
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PRIMERICA LIFE INSURANCE EXAM QUESTIONS WITH CORRECT ANSWERS LATEST UPDATE 2024 (GRADED A+) 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 - Answer A. mutual 
funds not paid out after paying claims and other o...
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PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023
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PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023 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 - Correct answer-A. mutual funds not paid out after paying claims and other operating costs are returned to ...
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PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023
- Exam (elaborations) • 43 pages • 2023
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PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023 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 - Correct answer-A. mutual funds not paid out after paying claims and other operating costs are returned to ...
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PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023
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PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023 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 - Correct answer-A. mutual funds not paid out after paying claims and other operating costs are returned to ...
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PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023
- Exam (elaborations) • 43 pages • 2023
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PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023 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 - Correct answer-A. mutual funds not paid out after paying claims and other operating costs are returned to ...
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PRIMERICA LIFE INSURANCE EXAM Questions With Correct Answers Verified Graded A+ 2023/2024.
- Exam (elaborations) • 42 pages • 2023
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PRIMERICA LIFE INSURANCE EXAM Questions With Correct Answers Verified Graded A+ 2023/2024. a company is domestic when doing business within the state in which it is incorporated 
which of the following factors is NOT considered by an underwriter when determining 
the premium rates for an individual seeking insurance? 
a. medical history 
b. sex 
c. age 
d. race 
D. race 
age, medical history, and sex provide sound statistical date for determining the 
probability of loss. Race, religion, sexual...
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Primerica Exam Practice Questions with Answers | Latest 2023/2024 Graded A+
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Primerica Exam Practice Questions with Answers | Latest 2023/2024 Graded A+. The policyowner of an adjustable life policy wants to increase the death benefit. 
Which of the following statements is correct regarding this change? 
a) The death benefit can be increased by providing evidence of insurability. 
b) The death benefit cannot be increased. 
c) The death benefit can be increased only when the policy has developed a cash 
value. 
d) The death benefit can be increased only by exchanging the ...
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