Pearson Vue Life Exam A+ Pass
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If life insurance policy applicant is classified as a substandard risk, the insurance
company will MOST likely: - Answer- charge an extra premium
Which of the following annuities would BEST suit the needs of a 35-year-old factory
worker who is concerned about inflation and wants to establish a retirement plan? -
Answer- Flexible Premium Variable Annuity
The primary purpose of an inspection report is to assess an applicants - Answer-
Personal characteristics
An applicant statement on an application are considered to be legal - Answer-
Representations
If an applicant for life insurance submit a complete application to your producer without
paying the first premium, coverage becomes a fact of when the - Answer- Policies
delivered in the premium paid
Which of the following policy provisions provides for continuation of coverage despite
nonpayment of premium? - Answer- Nonforfeiture option
Which of the following retirement plans is tax qualified - Answer- Define contributions
A payer benefit rider provides which of the following benefits - Answer- It's emperor
waiver of premium to the painter die until the insured reaches A predetermined age
Which of the following policy provision states that the application is part of the policy -
Answer- Entire contract
At which of the following times must a life insurance applicant being formed of their rise
under the fair credit reporting act? - Answer- When the policies delivered
If a policy contains a guaranteed insurability rider the insured has the right to purchase -
Answer- Additional coverage at specific ages
The waiver of premium provision of a life policy allows the insured to take which of the
following actions? - Answer- Wave and insurance premium if insured Becomes partially
disabled for a minimum time
- Answer- The insurance commissioner
- Answer- It may be provided there a group or individual policy
Verified Brand New!!
If life insurance policy applicant is classified as a substandard risk, the insurance
company will MOST likely: - Answer- charge an extra premium
Which of the following annuities would BEST suit the needs of a 35-year-old factory
worker who is concerned about inflation and wants to establish a retirement plan? -
Answer- Flexible Premium Variable Annuity
The primary purpose of an inspection report is to assess an applicants - Answer-
Personal characteristics
An applicant statement on an application are considered to be legal - Answer-
Representations
If an applicant for life insurance submit a complete application to your producer without
paying the first premium, coverage becomes a fact of when the - Answer- Policies
delivered in the premium paid
Which of the following policy provisions provides for continuation of coverage despite
nonpayment of premium? - Answer- Nonforfeiture option
Which of the following retirement plans is tax qualified - Answer- Define contributions
A payer benefit rider provides which of the following benefits - Answer- It's emperor
waiver of premium to the painter die until the insured reaches A predetermined age
Which of the following policy provision states that the application is part of the policy -
Answer- Entire contract
At which of the following times must a life insurance applicant being formed of their rise
under the fair credit reporting act? - Answer- When the policies delivered
If a policy contains a guaranteed insurability rider the insured has the right to purchase -
Answer- Additional coverage at specific ages
The waiver of premium provision of a life policy allows the insured to take which of the
following actions? - Answer- Wave and insurance premium if insured Becomes partially
disabled for a minimum time
- Answer- The insurance commissioner
- Answer- It may be provided there a group or individual policy
