Fixed annuity - Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Fixed annuity? On this page you'll find 1992 study documents about Fixed annuity.
Page 4 out of 1.992 results
Sort by
-
TEXAS GENERAL LINES - LIFE, ACCIDENT AND HEALTH INSURANCE PRACTICE EXAM, COMPLETE SOLUTION
- Exam (elaborations) • 50 pages • 2023
-
Available in package deal
-
- $9.99
- 1x sold
- + learn more
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? - ANSWER A- $50,000 Whole Life policy 
B- $50,000 Level Term policy for 20 years 
C- $50,000 20 Pay Life policy 
D- $50,000 Decreasing Term policy for 20 years 
 
2) A 45-year old customer who is seeking to supplement his retirement income at age 65 would not buy a...
-
Primerica Practice Exam Test A 75 Questions & Answers 2023
- Exam (elaborations) • 9 pages • 2023
-
- $14.99
- 2x sold
- + learn more
Primerica Practice Exam Test A 75 Questions & 
Answers 2023 
1. An annuity that is purchased with a lump sum premium and whose benefits begin 
after 12 months is called a: 
A. Single premium immediate annuity. 
B. Single premium deferred annuity. 
C. Level premium variable annuity. 
D. Flexible premium fixed annuity. - Correct answer-Single premium deferred annuity 
2. A technique used to determine the amount of life insurance needed by focusing on 
the projected earning potential of an insured ...
-
Final Exam: California Life, Accident, and health insurance
- Exam (elaborations) • 13 pages • 2023
-
- $12.49
- 1x sold
- + learn more
According to the California Insurance Code, what term is used to describe a fact so important it could affect the policy premium? - Answer- Materiality 
 
Which of the following is NOT a life insurance settlement option? - Answer- Extended Term Option 
 
True answer- Life income option, Fixed amount option, Lump Sum option 
 
Major Medical expense plans typically use a cost containment measure for emergency care. This is refereed to as a - Answer- Deductible 
 
Which type of risk is gambling? -...
-
Florida Life, Health and Variable Annuities With Correct Solutions!!
- Exam (elaborations) • 15 pages • 2023
-
- $12.99
- 1x sold
- + learn more
Disability Buy-Out plans feature: - ANSWER Long elimination plans up to two years (A disability buy-out plan funded with disability insurance has a long elimination period of generally two years. The elimination period begins the day of the disability. Then the disability policy will provide a lump sum to buy the disabled partner out. They want to make sure that the partner is not going to recover and come back to work) 
 
When MUST the Office of Insurance Regulation conduct a market conduct exa...
-
CA Life and Health Exam Questions and Answers Already Passed
- Exam (elaborations) • 14 pages • 2023
-
Available in package deal
-
- $9.49
- 1x sold
- + learn more
CA Life and Health Exam Questions and Answers Already Passed What is insurance? Insurance is the legal contract where two parties agree that if something will happen, a value will be exchanged. 
What's the difference between pure risk and speculative risk? Pure risk is when you'll lose it all or there will be no change. Speculative risk you can either win or lose. 
What is peril? peril is the causes of loss insured against in an insurance policy 
What is hazard? conditions that increase the pr...
And that's how you make extra money
-
Texas Life Insurance Exam Questions and Answers with complete solutions
- Exam (elaborations) • 10 pages • 2022
-
Available in package deal
-
- $9.99
- 3x sold
- + learn more
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...
-
Business Major Field Test questions and answers 2024 latest update already graded A+
- Exam (elaborations) • 195 pages • 2024
- Available in package deal
-
- $13.99
- 1x sold
- + learn more
Accounting: What costs should be considered when making non-routine decisions? (3) 
The price of material, Factory overhead costs, and the price of labor 
 
 
 
Accounting: Total product/ units produced and sold equals?? 
Product Cost per Unit 
 
 
 
 
Brainpower 
Read More 
Previous 
Play 
Next 
Rewind 10 seconds 
Move forward 10 seconds 
Unmute 
0:00 
/ 
0:15 
Full screen 
Accounting: What is a general explanation of what the contribution margin is? 
The difference between variable costs subtr...
-
GA Life Insurance Exam Questions Reviewed And Revised With Correct Answers <Guarantee Pass |Updated!!>
- Exam (elaborations) • 76 pages • 2024
-
- $16.34
- + learn more
GA Life Insurance Exam 
Questions Reviewed And Revised 
With Correct Answers 
<Guarantee Pass |Updated!!> 
1) What are the three types of annuities? - ANSWER 
variable, and indexed 
Fixed, 
2) What are the main features of a fixed annuity? - ANSWER 
guaranteed, fixed payment amount, premiums in general 
account 
3) What are the main features of a variable annuity? - ANSWER 
payment not guaranteed, premiums in separate account, 
and invested in stocks and bonds 
4) What ...
-
Florida Life, Health and Variable Annuity Exam Correct !!
- Exam (elaborations) • 15 pages • 2023
-
- $12.99
- 1x sold
- + learn more
Entire Contract Provision - ANSWER found at the beginning of the policy, saying that the policy cannot refer to any outside documents as being part of the contract and prohibiting the insurer from making any changes to the policy after it has been issued. (can only make good changes not bad) 
 
Insuring Clause - ANSWER sets forth the company's basic promise to pay benefits upon the insured's death. 
 
Free-Look Provision - ANSWER gives policyowners the right to return the policy for a full pre...
-
Exam FX Insurance- Wisconsin Life questions (Answered). 100% Accurate, Graded A
- Exam (elaborations) • 69 pages • 2023
-
Available in package deal
-
- $12.49
- 2x sold
- + learn more
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...
Did you know that on average a seller on Stuvia earns $82 per month selling study resources? Hmm, hint, hint. Discover all about earning on Stuvia