New Jersey Life and Health Final Exam Questions and Answers Already Passed

New Jersey Life and Health Final Exam Questions and Answers Already Passed Which type of long-term care benefit would be most appropriate for a stroke victim who requires speech therapy administered at her home? Home health care Which of the following is NOT a federal requirement of a qualified plan? Employee must be able to make unlimited contributions Why are dividends from a mutual insurer not subject to taxation? Because dividends are considered to be a return of premium The treasurer of XYZ Insurance Company discovers that the treasurer's company is being investigated by the Banking and Insurance Commissioner... Making false financial statements Which type of rider will waive the premium on a child's life insurance policy if the parent paying the premium dies? Payor benefit Which of these premium payment frequencies is not typically available to a policy owner? Bi-weekly Maria the agent would like to advertise an annuity product on a highway billboard. Which of the following must be included in the advertisement? Her name Which disability policy provision would address any concerns of the value of the benefits decreasing over time? Cost of living benefit Which of these is NOT a characteristic of the Accelerated Death Benefit option? The benefit can be offered as a rider at a specific extra cost or may be at no cost All of the following are included as part of a contract in the entire contract provision EXCEPT the Changes made by the producer The power given to an individual producer that is not specifically addressed in his/her contract is considered what type of authority? Implied Pat is insured with a life insurance policy and Karen is his primary beneficiary. They are both involved in an automobile accident where Pat dies instantly and Karen dies 5 days later... Common disaster clause Key Person Disability Insurance pays benefits to the Employer Under a disability income policy, which provision would be payable if the cause of an injury is unexpected and accidental? Accidental bodily injury provision What will the beneficiary receive if an annuitant dies during the accumulation period? The greater of the accumulated cash value or the total premium paid Written notice for a health claim must