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Category: Uncategorized (page 39,218)

Assume that all of the life insurance policies listed below…

Posted on: April 19, 2025 Last updated on: October 22, 2025 Written by: Anonymous
Assume that all of the life insurance policies listed below have a $50,000 face value, are sold by the same insurer, and have identical expense and mortality rates. Which of these, sold to a 27 year old female, should be the least expensive?
Continue reading “Assume that all of the life insurance policies listed below…”…

Which of the following is not a life insurance nonforfeiture…

Posted on: April 19, 2025 Last updated on: October 22, 2025 Written by: Anonymous
Which of the following is not a life insurance nonforfeiture option?
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Which of the following is NOT a standard provision found in…

Posted on: April 19, 2025 Last updated on: October 22, 2025 Written by: Anonymous
Which of the following is NOT a standard provision found in U.S. life insurance contracts?
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Which of the following is not correct with respect to univer…

Posted on: April 19, 2025 Last updated on: October 22, 2025 Written by: Anonymous
Which of the following is not correct with respect to universal life insurance?
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Which of the following is false regarding the annuity contra…

Posted on: April 19, 2025 Last updated on: October 22, 2025 Written by: Anonymous
Which of the following is false regarding the annuity contract?
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Sarah has $250,000 and wishes to purchase a single-premium a…

Posted on: April 19, 2025 Last updated on: April 19, 2025 Written by: Anonymous
Sarah has $250,000 and wishes to purchase a single-premium annuity. All other things being equal, which of the following annuities will provide her with the smallest monthly liquidation payment?
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The contract feature that waives life insurance premiums if…

Posted on: April 19, 2025 Last updated on: October 22, 2025 Written by: Anonymous
The contract feature that waives life insurance premiums if the insured becomes permanently disabled is the:
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The renewability option in term life insurance:

Posted on: April 19, 2025 Last updated on: April 19, 2025 Written by: Anonymous
The renewability option in term life insurance:
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Dameion has a collision that is his fault.  The ACV of his v…

Posted on: April 19, 2025 Last updated on: October 22, 2025 Written by: Anonymous
Dameion has a collision that is his fault.  The ACV of his vehicle is $13,922.  To repair the damages caused in the accident, it will cost $15,722.  What will the insurer likely pay Dameion under his COLLISION coverage, assuming his deductible is $500?
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You are in an automobile accident with an uninsured motorist…

Posted on: April 19, 2025 Last updated on: April 19, 2025 Written by: Anonymous
You are in an automobile accident with an uninsured motorist, and the accident is your fault.  Your Uninsured Motorist limits are 10/20 and your medical bills are $22,000.You collect from your UM coverage:
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