Missouri health & life licensing exam Questions and Answers 100% Solved

Missouri health & life licensing exam Questions and Answers 100% Solved An employer that offers a qualified retirement plan to its employees is eligible to ️️make tax-deductible contributions to the plan Which of these in NOT considered to be a right given to a policy owner? ️️Modify a provision in the insurance contract When making a recommendation to a consumer to purchase an annuity, the producer must make reasonable efforts to obtain ️️Suitability information The conversion provision in a group health insurance policy ️️is mandated by state requirements Which of the following is an important underwriting principle of group life insurance ️️everyone must be covered in the group Which of the following statements about noncontributory employee group life insurance is FALSE? ️️A minimum number of employees is required to participate A life policy with a death benefit and cash value that can fluctuate according to the performance of its underlying investment portfolio is referred to as ️️Variable life Under federal tax laws, what is the tax treatment for an employer providing $50,000 of a contributory group Term Life plan to all its eligible employees? ️️A portion of the premiums paid for by the employee may be a tax deduction