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Regulations for variable insurance contracts are set by all of the following EXCEPT Securities and Exchange Commission Department of Insurance State securities authorities State attorney general's office - ANSWER State attorney general's office Which of the following is associated with an immediate annuity? Tax-free benefit payments Installment premium payments

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Which statement regarding the cash value of a whole life insurance policy is correct? - ANSWER Available to the policyowner when the policy has been surrendered. Which of the following is NOT a valid contract exchange? - ANSWER An annuity exchanged fora . life insurance policy. Interest is credited to a fixed annuity no lower than the - ANSWER contract guaranteed rate Under the uniform mandatory provisions, an accident and health insurer has the right to request an autopsy - ANSWER Only...

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Which of the following statements about guaranteed renewable health insurance policy is correct? - ANSWERSPremiums normally increase at the time of renewal. The issuer must provide a perspective buyer with an? - ANSWERSBuyers guide and policy summary T would like to be assured $10,000 is available in 10 years to replace a roof on his house. What kind of $10,000 policy should T purchase? - ANSWERSTen-year Endowment According to the time payment of claims provision, the insurer must pay d...

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XCEL Solutions practice Exam Simulator Complete Answers Which of the following statements is CORRECT regarding the tax treatment of a lump-sum payment paid to a life insurance policy's primary beneficiary? All proceeds are income tax free in the year they are received. A(n) _____ insurance company is one formed in a country other than the United States. Alien Term insurance has which of the following characteristics? Expires at the end of the policy period. Which Federal law allows ...

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Exam Simulator C 2024/2025 Exam Questions with Correct Answers