Annuity agent training - Study guides, Class notes & Summaries

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STUDY GUIDE FOR NYS LIFE INSURANCE AGENT EXAM 17-51 (ADD ONTO) Questions And Answers
  • STUDY GUIDE FOR NYS LIFE INSURANCE AGENT EXAM 17-51 (ADD ONTO) Questions And Answers

  • Exam (elaborations) • 7 pages • 2024
  • all of the following information about a customer must be used in determining annuity suitability EXCEPT - ANS Beneficiaries age how must a replacing producer respond to an applicant wishing to replace existing life insurance? - ANS the producer must provide the applicant with a notice regarding replacement Which of the following is the basic source of information used by the company in the risk selection process? - ANS application Which of the following state...
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Preneed Prep|2023 LATEST UPDATE|GUARANTEED SUCCESS
  • Preneed Prep|2023 LATEST UPDATE|GUARANTEED SUCCESS

  • Exam (elaborations) • 19 pages • 2023
  • Joint Memorandum - Who What When Why Who: DOB, FSC, TDI What: A joint agreement that established specific area of responsibilities for prepaid funeral svc . When: 1995 Why : its creation was mandated by the Texas Civil Statutes What is a preneed Funeral contract Any written contract of agreement, funded by an insurance policy, annuity contract or trust deposit, for the purpose of furnishing or delivery of prepaid funeral benefits for the final disposition of a corpse at th...
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NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55| 200 COMPLETE QUESTIONS AND ANSWERS| GRADED A|LATEST 2023/2024
  • NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55| 200 COMPLETE QUESTIONS AND ANSWERS| GRADED A|LATEST 2023/2024

  • Exam (elaborations) • 78 pages • 2023
  • NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55| 200 QUESTIONS| ANSWERS GRADED A Process 2103 (d-i) 1. The Superintendent may issue a license to any person, firm or corporation who has complied with the requirements of the Insurance Code, authorizing the licensee to act as agent of any authorized insurer. Every individual applicant for a license under this section and every proposed sub-licensee must be 18 years of age or older at the time of issuance of such lic...
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STUDY GUIDE FOR NYS LIFE INSURANCE AGENT EXAM 17-51 (ADD ONTO) Questions And Answers
  • STUDY GUIDE FOR NYS LIFE INSURANCE AGENT EXAM 17-51 (ADD ONTO) Questions And Answers

  • Exam (elaborations) • 7 pages • 2024
  • all of the following information about a customer must be used in determining annuity suitability EXCEPT - ANS Beneficiaries age how must a replacing producer respond to an applicant wishing to replace existing life insurance? - ANS the producer must provide the applicant with a notice regarding replacement Which of the following is the basic source of information used by the company in the risk selection process? - ANS application Which of the following state...
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Texas Funeral Prearrangement Life Insurance License exam 2023
  • Texas Funeral Prearrangement Life Insurance License exam 2023

  • Exam (elaborations) • 8 pages • 2023
  • People that work in funeral service in Texas must hold what type of license to sell funeral or burial insurance? "Limited" Funeral Prearrangement Life License or "Full" Texas Legal Reserve Life Agent license For the purpose of this training course, the following terms will be used interchangeably to refer to the same process: prepaid, prearrangement and preneed Insurance products which may be used to fund funeral prearrangement contracts must be approved by the Texas Departm...
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LIFE, ACCIDENT & HEALTH AGENT EXAM
  • LIFE, ACCIDENT & HEALTH AGENT EXAM

  • Exam (elaborations) • 10 pages • 2024
  • LIFE, ACCIDENT & HEALTH AGENT EXAM Which settlement option allows only the death benefit EARNINGS to be paid to the beneficiary? Interest Option (Interest-Only) Common policy riders - life policy waiver of premium cost of living accidental death & dismemberment (all of the above) concept of medical expense benefits based upon charges for like services in the same geographical area usual, customary & reasonable charges NOT a type of group disability insurance policies any occupation ...
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8-Hour Annuity Training Course Exam Questions With Correct Answers.
  • 8-Hour Annuity Training Course Exam Questions With Correct Answers.

  • Exam (elaborations) • 4 pages • 2024
  • 8-Hour Annuity Training Course Exam Questions With Correct Answers. Who bears the risk of principal loss in a variable annuity with respect to funds the owner has allocated to the separate account? - answerthe insurer If a consumer wants to receive monthly periodic payments from an annuity beginning in one month, what kind of annuity should he or she buy? - answerimmediate California Insurance Code Section 787(b) defines advertising broadly, when targeted to people age 65 or older, and in...
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Life, accident and health insurance Texas General Lines - EXAM 2024 update
  • Life, accident and health insurance Texas General Lines - EXAM 2024 update

  • Exam (elaborations) • 45 pages • 2024
  • Life, accident and health insurance Texas General Lines - EXAM 2024 update Life, accident and health insurance Texas General Lines - EXAM 2024 update Email me if you need answers LIFE SECTION 1 - LIFE SECTION 1 1) Sandra Timms, age 27, is advised by her producer to purchase Life insurance to cover a 20- year-amortized $50,000 business-improvement loan. Which of the following plans would adequately protect Ms. Timms at the minimum premium outlay? - A- $50,000 Whole Life policy B- $50...
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Life, accident and health insurance Texas General Lines - EXAM 2024 update
  • Life, accident and health insurance Texas General Lines - EXAM 2024 update

  • Exam (elaborations) • 45 pages • 2024
  • Life, accident and health insurance Texas General Lines - EXAM 2024 update Life, accident and health insurance Texas General Lines - EXAM 2024 update LIFE SECTION 1 - LIFE SECTION 1 1) Sandra Timms, age 27, is advised by her producer to purchase Life insurance to cover a 20- year-amortized $50,000 business-improvement loan. Which of the following plans would adequately protect Ms. Timms at the minimum premium outlay? - A- $50,000 Whole Life policy B- $50,000 Level Term policy for 20 yea...
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LIFE, ACCIDENT & HEALTH AGENT EXAM
  • LIFE, ACCIDENT & HEALTH AGENT EXAM

  • Exam (elaborations) • 10 pages • 2024
  • LIFE, ACCIDENT & HEALTH AGENT EXAM Which settlement option allows only the death benefit EARNINGS to be paid to the beneficiary? Interest Option (Interest-Only) Common policy riders - life policy waiver of premium cost of living accidental death & dismemberment (all of the above) concept of medical expense benefits based upon charges for like services in the same geographical area usual, customary & reasonable charges NOT a type of group disability insurance policies any occupation ...
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