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NC life and health insurance study questions with certified answers
NC life and health insurance study questions with certified answers 
Which of the following is NOT a characteristic of universal life insurance? 
A Flexible death benefit 
B Cash account 
C Fixed premium 
D Unbundled premium 
C 
Universal life policies allow the policy owner to increase the amount of premium going into the policy and to later decrease it again. They may even skip a premium payment. The rest of the features apply to universal life policies. 
 
 
Which of the following would help ...
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- Exam (elaborations)
- • 28 pages •
NC life and health insurance study questions with certified answers 
Which of the following is NOT a characteristic of universal life insurance? 
A Flexible death benefit 
B Cash account 
C Fixed premium 
D Unbundled premium 
C 
Universal life policies allow the policy owner to increase the amount of premium going into the policy and to later decrease it again. They may even skip a premium payment. The rest of the features apply to universal life policies. 
 
 
Which of the following would help ...
NC State LIFE Insurance Exam Questions and Answers Already Graded A+
NC State LIFE Insurance Exam Questions and Answers Already Graded A+ 
Insurable Interest 
Something of value that, if lost, would cause you financial harm. Must exist upfront at time of application. Legitimate financial reason for buying insurance. 
 
 
Impersonation 
Wrong person takes medical examination/test in connection with application for insurance. *Can be contested beyond 2 year incontestable clause* 
 
 
Adhesion 
Ins. Co. designs original contract. Insured has little or no control of ...
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- Exam (elaborations)
- • 10 pages •
NC State LIFE Insurance Exam Questions and Answers Already Graded A+ 
Insurable Interest 
Something of value that, if lost, would cause you financial harm. Must exist upfront at time of application. Legitimate financial reason for buying insurance. 
 
 
Impersonation 
Wrong person takes medical examination/test in connection with application for insurance. *Can be contested beyond 2 year incontestable clause* 
 
 
Adhesion 
Ins. Co. designs original contract. Insured has little or no control of ...
ICS-300 Complete Exam Bundle Graded A+ !!!
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ICS 300 TEST QUIZZES & ANSWERS GRADED A+ |Latest Update!!! 2 Exam (elaborations) NIMS ICS-300: Final Exam Questions With Solved Solutions Graded A+ 3 Exam (elaborations) ICS-300: Intermediate ICS for Expanding Incidents Quizzes & Ans.. Graded A+ 4 Exam (elaborations) ICS 300 Final Exam |Completed with A+ Graded Answers!!! 5 Exam (elaborations)
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Texas Irrigator Practice Test Section 1 Questions and Answers 2023 (Verified Answers) UPDATED 2024 2 Exam (elaborations) Exam practice test for Texas Irrigator License |100% Correct And Verified 3 Exam (elaborations) Texas Irrigator Practice Test Section 3 Questions and Answers (Verified Answers) 4 Exam (elaborations) Texas Irrigator Practice Te
NC Life Insurance Study Test Questions and Answers Graded A+
NC Life Insurance Study Test Questions and Answers Graded A+ 
The Family Plan Insurance Policy usually consists of: 
whole life insurance on the family head and term insurance on other family members 
 
 
A Jumping Juvenile Policy: 
automatically increases the face amount at a given age 
 
 
Excess interest credited under an index-linked method would pay interest in relation to: 
an external economic indicator 
 
 
Under a straight life annuity, an income is payable by the company: 
only so long...
- Package deal
- Exam (elaborations)
- • 4 pages •
NC Life Insurance Study Test Questions and Answers Graded A+ 
The Family Plan Insurance Policy usually consists of: 
whole life insurance on the family head and term insurance on other family members 
 
 
A Jumping Juvenile Policy: 
automatically increases the face amount at a given age 
 
 
Excess interest credited under an index-linked method would pay interest in relation to: 
an external economic indicator 
 
 
Under a straight life annuity, an income is payable by the company: 
only so long...
NC LIFE insurance state exam questions and answers 100% pass
NC LIFE insurance state exam questions and answers 100% pass 
CREDIT LIFE 
a special type of coverage written to the life of the debtor and pay off the balance of a loan in the event of the death of the debtor. 
 
 
BUY-SELL AGREEMENTS 
a legal contract that determines what will be done with a business in the event that an owner dies or becomes disabled. Otherwise known as a business continuation agreement 
 
 
INSURABLE INTEREST 
to purchase insurance the policy owner must face the possibility ...
- Package deal
- Exam (elaborations)
- • 7 pages •
NC LIFE insurance state exam questions and answers 100% pass 
CREDIT LIFE 
a special type of coverage written to the life of the debtor and pay off the balance of a loan in the event of the death of the debtor. 
 
 
BUY-SELL AGREEMENTS 
a legal contract that determines what will be done with a business in the event that an owner dies or becomes disabled. Otherwise known as a business continuation agreement 
 
 
INSURABLE INTEREST 
to purchase insurance the policy owner must face the possibility ...
NC Life insurance state exam study guideline already graded A+
NC Life insurance state exam study guideline already graded A+ 
Term Insurance 
Used for Temporary Situations. Net cost highest in the long run. Premiums goes up every year based on current (attained)age. 
 
 
Term Insurance 
Expire's at a certain age/Time in the future. May be renewable up to a certain age or date with out a phyical Exam. 
 
 
Level Term Insurance 
Term insurance can be Renewed annually. Has a level Face Amount at renewal, Premiums goes up. Can be purchased for a Year or as o...
- Package deal
- Exam (elaborations)
- • 16 pages •
NC Life insurance state exam study guideline already graded A+ 
Term Insurance 
Used for Temporary Situations. Net cost highest in the long run. Premiums goes up every year based on current (attained)age. 
 
 
Term Insurance 
Expire's at a certain age/Time in the future. May be renewable up to a certain age or date with out a phyical Exam. 
 
 
Level Term Insurance 
Term insurance can be Renewed annually. Has a level Face Amount at renewal, Premiums goes up. Can be purchased for a Year or as o...
NC Life Insurance Practice Exam Questions and Answers Already Passed
NC Life Insurance Practice Exam Questions and Answers Already Passed 
All of the following are included within the Insurance Commissioner's duties EXCEPT 
 
a) Conducting investigation of all domestic insurers. 
b) Reviewing the insurers' annual reports. 
c) Writing North Carolina insurance laws. 
d) Reporting any violations of insurance laws to the Attorney General. Writing insurance law is not the Insurance Commissioner's responsibility, but enforcing the law is. 
c) Writing North Carolina ...
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- Exam (elaborations)
- • 31 pages •
NC Life Insurance Practice Exam Questions and Answers Already Passed 
All of the following are included within the Insurance Commissioner's duties EXCEPT 
 
a) Conducting investigation of all domestic insurers. 
b) Reviewing the insurers' annual reports. 
c) Writing North Carolina insurance laws. 
d) Reporting any violations of insurance laws to the Attorney General. Writing insurance law is not the Insurance Commissioner's responsibility, but enforcing the law is. 
c) Writing North Carolina ...
NC Life Insurance Exam Prep Questions and Answers Already Passed
NC Life Insurance Exam Prep Questions and Answers Already Passed 
An agent who sells an individual life insurance policy in NC MUST deliver to the policyowner 
A policy summary and buyer's guide 
 
 
All of the following actions are considered rebating EXCEPT 
Sharing commissions with other licensed and appointed agents 
 
 
What benefit does the Payor Clause on a Juvenile Life Policy provide? 
Premiums are waived if payor becomes disabled 
 
 
An agent who signs a blank contract application or...
- Package deal
- Exam (elaborations)
- • 19 pages •
NC Life Insurance Exam Prep Questions and Answers Already Passed 
An agent who sells an individual life insurance policy in NC MUST deliver to the policyowner 
A policy summary and buyer's guide 
 
 
All of the following actions are considered rebating EXCEPT 
Sharing commissions with other licensed and appointed agents 
 
 
What benefit does the Payor Clause on a Juvenile Life Policy provide? 
Premiums are waived if payor becomes disabled 
 
 
An agent who signs a blank contract application or...
ICS 100c final exam
ICS 100c final exam 
The Whole Community approach refers to different organizations within the Federal 
Government 
False 
 
 
Which NIMS Management Characteristic is necessary for achieving situational awareness 
and facilitating information sharing? 
B. Integrated Communications 
 
 
Which NIMS Management Characteristic refers to personnel requested through 
appropriate authorities and established resource management systems? 
A. Dispatch/ Deployment 
 
 
Qualification, Certification, and Cred...
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- Exam (elaborations)
- • 5 pages •
ICS 100c final exam 
The Whole Community approach refers to different organizations within the Federal 
Government 
False 
 
 
Which NIMS Management Characteristic is necessary for achieving situational awareness 
and facilitating information sharing? 
B. Integrated Communications 
 
 
Which NIMS Management Characteristic refers to personnel requested through 
appropriate authorities and established resource management systems? 
A. Dispatch/ Deployment 
 
 
Qualification, Certification, and Cred...
BSN 206 Hallmark Exam Questions And Correct Answers With Complete Verified Solution.
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NYSTCE Students with Disabilities CST [060]. Exam Prep 2024.
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KIN 2501 - Dr. Jacobson Exam 2 all notes VERRIFED