12-GA-62l Georgial Variablel Productsl
Examl (Latestl 2026/l 2027l Update)l |l 100%l
Verifiedl Questionsl &l Answersl |l Gradel A
Q:l Bobl justl boughtl al $50,000l variablel lifel policy.l Whichl ofl thel followingl isl NOTl
true.
Answer:
Atl hisl death,l hisl beneficiariesl mayl receivel lessl thanl $50,000l inl proceeds
Q:l Comparedl tol traditionall lifel andl annuityl contracts,l variablel productsl havel more?
Answer:
Compliancel issues
Q:l Thel netl investmentl returnl represents
Answer:
thel amountl creditedl tol thel policyholder
Q:l Alll ofl thel followingl wouldl bel consideredl advertisingl EXCEPT
Answer:
Materiall onlyl usedl forl internall use
,Q:l Whichl ofl thel followingl termsl wouldl bel acceptablel tol describel thel typel ofl lifel
insurancel purchasedl byl thosel whol arel hopingl tol takel advantagel ofl higherl interestl rates?
Answer:
Universall Lifel Plan
Q:l Inl orerl forl al domesticl insurerl tol transferl cashl orl securitiesl outl ofl thel separatel
account,l permissionl wouldl bel neededl from
Answer:
Thel Statel Insurancel Commissioner
Q:l Ifl al clientl choosesl al variablel lifel insurancel planl withl al guaranteedl minimuml
deathl benefit
Answer:
Asl thel cashl valuel increases,l thel amountl atl riskl decreases
Q:l Al clientl purchasesl al flexiblel premiuml variablel lifel insurancel policy,l whichl ofl thel
followingl isl TRUEl regardingl thel deathl benefit?
Answer:
lll ofl thel otherl optionsl arel true
, Q:l Ifl anl agentl offeredl al prospectl anl inducement,l otherl thanl somethingl statedl inl thel
policy,l thel agentl wouldl bel consideredl tol be
Answer:
Inl violationl ofl rebatingl rule
Q:l Al variablel policy'sl deathl benefitl willl increasel ifl thel investmentl returnl inl thel
separatel accountl is
Answer:
greaterl thanl thel AIR
Q:l Al lifel policyl wherel thel deathl benefitl mayl bel lessl thanl thel originall facel is
Answer:
Al variablel universall lifel policy
Q:l Alll thesel mayl bel deductedl froml eachl variablel universall premiuml paymentl
EXCEPT
Answer:
Issuel charges
Q:l Al separatel account'sl investmentl policy
Examl (Latestl 2026/l 2027l Update)l |l 100%l
Verifiedl Questionsl &l Answersl |l Gradel A
Q:l Bobl justl boughtl al $50,000l variablel lifel policy.l Whichl ofl thel followingl isl NOTl
true.
Answer:
Atl hisl death,l hisl beneficiariesl mayl receivel lessl thanl $50,000l inl proceeds
Q:l Comparedl tol traditionall lifel andl annuityl contracts,l variablel productsl havel more?
Answer:
Compliancel issues
Q:l Thel netl investmentl returnl represents
Answer:
thel amountl creditedl tol thel policyholder
Q:l Alll ofl thel followingl wouldl bel consideredl advertisingl EXCEPT
Answer:
Materiall onlyl usedl forl internall use
,Q:l Whichl ofl thel followingl termsl wouldl bel acceptablel tol describel thel typel ofl lifel
insurancel purchasedl byl thosel whol arel hopingl tol takel advantagel ofl higherl interestl rates?
Answer:
Universall Lifel Plan
Q:l Inl orerl forl al domesticl insurerl tol transferl cashl orl securitiesl outl ofl thel separatel
account,l permissionl wouldl bel neededl from
Answer:
Thel Statel Insurancel Commissioner
Q:l Ifl al clientl choosesl al variablel lifel insurancel planl withl al guaranteedl minimuml
deathl benefit
Answer:
Asl thel cashl valuel increases,l thel amountl atl riskl decreases
Q:l Al clientl purchasesl al flexiblel premiuml variablel lifel insurancel policy,l whichl ofl thel
followingl isl TRUEl regardingl thel deathl benefit?
Answer:
lll ofl thel otherl optionsl arel true
, Q:l Ifl anl agentl offeredl al prospectl anl inducement,l otherl thanl somethingl statedl inl thel
policy,l thel agentl wouldl bel consideredl tol be
Answer:
Inl violationl ofl rebatingl rule
Q:l Al variablel policy'sl deathl benefitl willl increasel ifl thel investmentl returnl inl thel
separatel accountl is
Answer:
greaterl thanl thel AIR
Q:l Al lifel policyl wherel thel deathl benefitl mayl bel lessl thanl thel originall facel is
Answer:
Al variablel universall lifel policy
Q:l Alll thesel mayl bel deductedl froml eachl variablel universall premiuml paymentl
EXCEPT
Answer:
Issuel charges
Q:l Al separatel account'sl investmentl policy
