Texas Life and Health Insurance:
Policies, Laws, and Licensing
Exam Questions and Answers
100% PASS
SIMPLE - CORRECT ANSWER-Small Employers no more than 100
employees, employer matches employee's contributions
401(k) - CORRECT ANSWER-Any Employer and Employer matches
employee's contributions
403(b) - CORRECT ANSWER-TSA - Non Profits and Employer and employee
make contributions
Survivor Protection - CORRECT ANSWER-Personal Uses for Life Insurance
Estate Creation - CORRECT ANSWER-Personal Uses for Life Insurance
Cash Accumulation - CORRECT ANSWER-Personal Uses for Life Insurance
Liquidity - CORRECT ANSWER-Cash values can be borrowed
Estate Conservation - CORRECT ANSWER-Inheritance taxes and federal
state taxes to beneficiary to sell assets
Policies, Laws, and Licensing
Exam Questions and Answers
100% PASS
SIMPLE - CORRECT ANSWER-Small Employers no more than 100
employees, employer matches employee's contributions
401(k) - CORRECT ANSWER-Any Employer and Employer matches
employee's contributions
403(b) - CORRECT ANSWER-TSA - Non Profits and Employer and employee
make contributions
Survivor Protection - CORRECT ANSWER-Personal Uses for Life Insurance
Estate Creation - CORRECT ANSWER-Personal Uses for Life Insurance
Cash Accumulation - CORRECT ANSWER-Personal Uses for Life Insurance
Liquidity - CORRECT ANSWER-Cash values can be borrowed
Estate Conservation - CORRECT ANSWER-Inheritance taxes and federal
state taxes to beneficiary to sell assets