Applicantproposed insured - Study guides, Class notes & Summaries
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Nebraska State Life and Health Insurance Exam Terms
- Exam (elaborations) • 13 pages • 2023
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Nebraska State Life and Health Insurance Exam Terms
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Texas Life And Health Insurance Latest Exam With Correct Answers
- Exam (elaborations) • 22 pages • 2023
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Texas Life And Health Insurance Latest Exam With Correct Answers 
 
Individual Correct Answer: premiums paid with after tax dollars, not tax deductible- death benefit tax free, lump sum- death benefit taxable to an estate- dividend tax free, accumulate at interest, interest taxable 
 
Insurance Correct Answer: transfer of risk 
 
Agent Correct Answer: producer or field underwriter 
 
Insurer Correct Answer: principle 
 
Agency contract Correct Answer: between agent and insurer- spells out each o...
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