100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

Webce Insurance test questions with verified answers

Rating
-
Sold
-
Pages
138
Grade
A+
Uploaded on
22-03-2025
Written in
2024/2025

Webce Insurance test questions with verified answers

Institution
Course











Whoops! We can’t load your doc right now. Try again or contact support.

Connected book

Written for

Course

Document information

Uploaded on
March 22, 2025
Number of pages
138
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

TestTrackers:g Unlockg Yourg Examg Potential!g |g Qualityg Practiceg Materialsg |g Boostg Yourg Confidenceg Today!



Webce Insurance test Questions and Corr
g g g g g



ect Answers the Latest Update and Reco
g g g g g g



mmended Version g

AgentgThompsongreceivedgaglettergfromgthegDepartmentgofgInsurancegaskingghergtogprovideg

proofgofgcompletinggthegcontinuinggeducationgrequirements.gWithinghowgmanygdaysgmustgAge

ntgThompsongrespondgtogthegDepartment'sginquiry?




20

30

10

45

✓ 10gdays


AbbyglivesgingOhio,gwheregshegisglicensedgasganginsurancegproducer.gShegwantsgtogapplygforgagnonr

esidentglicensegingPennsylvania.gWhichgofgthegfollowinggconditionsgmustgshegsatisfy?




ShegmustgmovegtogPennsylvania.

ShegmustgsurrenderghergOhioglicense.

ShegmustgbegsponsoredgbygagproducerglicensedgingPennsylvania.gS

hegmustgshowghergOhioglicensegisginggoodgstanding.

✓ ShegmustgshowghergOhioglicensegisginggoodgstanding


|
✓ ThankgYougforgChoosinggUs! ✓ Resourcesg&gUpdates:g[Testtrackersg-
✓ ©g2024gTestTrackers gStuviagUS]
✓ Customerg Support:g [+254707240657] ✓ Yourg Successgisg Ourg Mission!

, TestTrackers:g Unlockg Yourg Examg Potential!g |g Qualityg Practiceg Materialsg |g Boostg Yourg Confidenceg Today!


Thegrequirementgthatganginsurableginterestgmustgexistgwhenglifeginsurancegisgpurchasedgisg inte

ndedgtogpreventgpeoplegfromgdoinggwhichgofgthegfollowing?




usingglifeginsuranceg togfundgfuturegcashgneeds

usingglifeginsurancegasgagspeculativeginvestmentgonganothergperson's

g life

overusingglifeginsurance

designatinggangineligiblegpersongasgthegpolicygbeneficiary

✓ usingglifeginsurancegasgagspeculativeginterestgonganothergperson'sglife


Whichgonegofgthegfollowinggbestgdescribesgagpolicygthatghasgagrelativelyglowgfacegamountgand

g hasgpremiumsgthatgaregpaidgtoganginsurancegagentgwhoggenerallygcallsgongthegpolicyownerga

tghomegtogcollectgthem?




groupglifeginsurancegindustri

alglifeginsurancegordinarygter

mginsurancegordinarygwholegli

feginsurance

✓ industrialglifeginsurance


Sylvia'sginsurergguaranteesgagfixedgdeathgbenefitgforgthegpolicygshegowns.gBasedgongthis,gwhic

hgonegofgthegfollowinggbenefitsgisgalsogmostglikelygguaranteedgwithgthisgpolicy?

|
✓ ThankgYougforgChoosinggUs! ✓ Resourcesg&gUpdates:g[Testtrackersg-
✓ ©g2024gTestTrackers gStuviagUS]
✓ Customerg Support:g [+254707240657] ✓ Yourg Successgisg Ourg Mission!

, TestTrackers:g Unlockg Yourg Examg Potential!g |g Qualityg Practiceg Materialsg |g Boostg Yourg Confidenceg Today!




thegpolicy'sgcashgvalue

hergabilitygtogborrowganginterest-

freegloangfromgthegcashgvaluegpolicygdividends

paymentgofgpremiumsgongSylvia'sgbehalfgingthegeventgofgemergencies

✓ thegpolicy'sgcashgvalue


Carlgisgagpolicyownergwhogprefersgtogpaygpremiumsgmonthlygrathergthangannually.gHowgwillgC

arl'sginsurancegcompanygadjustghisgpremiumgtogaccommodategthisgrequest?




Theginsurergdividesgthegannualgpremiumgbyg12gandgthengaddsgagmodestgcharge.gT

heginsurergsimplygdividesgthegannualgpremiumgbyg12.

Theginsurergdividesgthegannualgpremiumgbyg12gandgthengreducesgthegpremiumgamountgtogrefle

ctgthegfactgthatgpremiumsgwillgbegpaidgthroughoutgthegyear.

Theginsurergdividesgthegannualgpremiumgbyg12gandgthengaddsgagmodestgchargegingthegfirstgp

olicygyeargaftergwhichgpremiumsgequalgthegannualgpremiumgdividedgbyg12.

✓ Theginsurergdividesgthegannualgpremiumgbyg12gandgthengaddsgagmodestgcharge


Allgofgthegfollowinggstatementsgaboutgkeygpersonglifeginsurancegaregcorrect,gEXCEPT:




Thegbusinessgappliesgfor,gowns,gandgisgthegbeneficiarygofgthegpolicygcoveringgtheglifegofgagkeygem

ployee.

|
✓ ThankgYougforgChoosinggUs! ✓ Resourcesg&gUpdates:g[Testtrackersg-
✓ ©g2024gTestTrackers gStuviagUS]
✓ Customerg Support:g [+254707240657] ✓ Yourg Successgisg Ourg Mission!

, TestTrackers:g Unlockg Yourg Examg Potential!g |g Qualityg Practiceg Materialsg |g Boostg Yourg Confidenceg Today!


Upongtheginsuredgemployee'sgdeath,gthegemployee'sgsurvivinggfamilygreceivesgthegpolicy'sgde

athgbenefit.

Keygperson,gorgkeygemployee,glifeginsurancegisgangexamplegofgthird-partygownership.

Lifeginsurancegusedgasgkeygpersonglifegisgnormallygownedgbygthegbusinessgrathergthangthegins

ured.

✓ XXXgUpongtheginsuredgemployee'sgdeath,gthegemployee'sgsurvivinggfamilygreceivesgth
egpolicygbenefitgXXX


Thegactivitiesgagproducergperformsgtogsupportgtheginsurancegcompanyginglearninggallgitgcangab

outgthegapplicantgwhengseekinggapplicationsgforginsurancegareggenerallygcalled:




fieldgunderwritinggfid

uciarygprocessgagenc

ygdevelopmentgduegdili

gence

✓ fieldgunderwriting


Howg isg increasingg termg lifeg insuranceg normallyg sold?




asgangendorsement

asgagpermanentginsurancegpolicy

asgagstand-alonegtermglifeginsurancegpolicy


|
✓ ThankgYougforgChoosinggUs! ✓ Resourcesg&gUpdates:g[Testtrackersg-
✓ ©g2024gTestTrackers gStuviagUS]
✓ Customerg Support:g [+254707240657] ✓ Yourg Successgisg Ourg Mission!

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
BESTSOLUTIONSS Teachme2-tutor
Follow You need to be logged in order to follow users or courses
Sold
7
Member since
8 months
Number of followers
0
Documents
502
Last sold
2 months ago

4.5

360 reviews

5
226
4
98
3
18
2
16
1
2

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions