Guarantee ExamFX 63 Questions with 100% Correct Answers | Verified | Updated

A return of premium life policy is written as what type of term coverage? - ️️Increasing What are the two types of Flexible Spending Accounts? - ️️Health Care and Dependent Care Taxation of LTC insurance... - ️️excessive benefits may be taxable Nonforfeiture values guarantee... - ️️that the cash value will not be lost Which method of dealing with risk is applied when insurance is purchased? a. transfer b. sharing c. avoidance tion - ️️a. transfer An equity indexed annuity will grow based upon a. performance in separate accounts b. current interest rates c. rate of interest d. performance of a recognized index - ️️d. performance f a recognized index Which of the following would not be eligible for coverage under key person? a. owner of a shop b. pharamacist in drug store c. manager of small store d. executive officer - ️️a. owner of a shop