CISR LIFE HEALTH PRACTICE EXAM 1
EXAM ACTUAL EXAM WITH CORRECT
ACTUAL QUESTIONS AND CORRECTLY
WELL DEFINED ANSWERS LATEST
ALREADY GRADED A+ 2026
John has a universal life policy and wants to stop paying the
premium for 4 years while his daughter is in college. What
will happen to john's universal life policy when he stops
paying the premium? - ANSWERS-Policy will deduct
mortality and expense charges for accumulation fund and
remain in force.
A suicide provision allows an insurance company to deny a
claim if the insured commits suicide within a certain time
frame, usually one or two years. if death by suicide occurs
within one year of policy the insurance company will usually
, do which of the following? - ANSWERS-Refund any premium
to the beneficiary
Jay is applying for life insurance and informs you that he had
heart bypass surgery four years ago. What third-party
information will the insurance company NOT require to
underwrite the risk? - ANSWERS-Exercise Schedule
Kathleen has a life insurance policy that has a guaranteed
premium and death benefit. She has the right to borrow on
the policy cash value but cannot withdraw money without
making a loan. What type of policy does Kathleen have? -
ANSWERS-Whole Life
While reviewing several proposals for a quote for a life
insurance policy for one of you clients, you also review the
temporary insuring agreements. You notice that there are
variations in the temporary insuring agreements between
companies. Which of the following is NOT included in any of
these agreements? - ANSWERS-Receipt of premium
Jennifer has a $5,000 loan against the cash value of her
whole life policy. She receives her annual premium
statement and it includes an additional charge of $250 for
interest on the loan. Jennifer just pays the premium and not
EXAM ACTUAL EXAM WITH CORRECT
ACTUAL QUESTIONS AND CORRECTLY
WELL DEFINED ANSWERS LATEST
ALREADY GRADED A+ 2026
John has a universal life policy and wants to stop paying the
premium for 4 years while his daughter is in college. What
will happen to john's universal life policy when he stops
paying the premium? - ANSWERS-Policy will deduct
mortality and expense charges for accumulation fund and
remain in force.
A suicide provision allows an insurance company to deny a
claim if the insured commits suicide within a certain time
frame, usually one or two years. if death by suicide occurs
within one year of policy the insurance company will usually
, do which of the following? - ANSWERS-Refund any premium
to the beneficiary
Jay is applying for life insurance and informs you that he had
heart bypass surgery four years ago. What third-party
information will the insurance company NOT require to
underwrite the risk? - ANSWERS-Exercise Schedule
Kathleen has a life insurance policy that has a guaranteed
premium and death benefit. She has the right to borrow on
the policy cash value but cannot withdraw money without
making a loan. What type of policy does Kathleen have? -
ANSWERS-Whole Life
While reviewing several proposals for a quote for a life
insurance policy for one of you clients, you also review the
temporary insuring agreements. You notice that there are
variations in the temporary insuring agreements between
companies. Which of the following is NOT included in any of
these agreements? - ANSWERS-Receipt of premium
Jennifer has a $5,000 loan against the cash value of her
whole life policy. She receives her annual premium
statement and it includes an additional charge of $250 for
interest on the loan. Jennifer just pays the premium and not
