Annuity certain answe Study guides, Class notes & Summaries

SC Accident. Health, and Life Insurance Exam 100% Accurate Last document update:   ago

Annuity Certain - ANSWER Maria would like an annuity that provides a guaranteed accumulation or payout. The type of annuity she is seeking is called Survivorship Life - ANSWER The type of policy which pays on the death of the last person is called Malign another insurer - ANSWER Defamation occurs when a producer makes a false statement intended to A 70 year old NOT eligible for Social Security *You are not eligible to receive Medicare Part A benefits at age 65 or older if you are el...

PSI Practice exam NJ questions with complete answers Last document update:   ago

PSI Practice exam NJ questions with complete answers which of the following occurs immediately after the application is submitted and the initial premium paid: A: the underwriting process begins B: the applicant's references are checked C: the beneficiaries are selected D: the insurance goes into effect - Answer- A: the underwriting process begins why is accidental death benefit referred to as double indemnity: A: it provides for both the actual death as well as other losses form the...