Insurance
Exam
/
AZ
/
#1333
/
Exam
/
Questions with Correct Answers
/ / / /
An
/insurer
/must
/keep
/advertising
/materials
/and /records /for /at /least /how /many /years? /- /correct /answer(s) /✔✔ /3
The
/insurance /coverage /in /a /variable /life /insurance /policy /may /vary /based
/on /the /value /of /- /correct /answer(s) /✔✔ /the /underlying /investments
When
/is
/it
/acceptable
/to
/charge
/or
/receive /
a
/fee
/or
,/service
/charge
/in
/addition
/to
/the
/premium
/in
/connection
/with
/the
/transaction
/of
/insurance? /-
/correct
/answer(s) /✔✔ /If /the /amount /of /the /fee /or /service /charge /is /reasonably
/related /to /the /cost /of /the /service.
The
/dental /specialty /which /deals /with /the /replacement /of /missing /teeth /is
/called /- /correct /answer(s) /✔✔ /Prosthodontics
Which
/of
/the
/following
/is
/NOT /
a
/valid
/reason
/for
/an
/insurer
/to
/contest /
a /life /insurance /policy /during /the /policy's /first /two /years /of /existence?
/- /correct /answer(s) /✔✔ /Misstatement /of /age
,Which
/of
/the
/following
/would
/most
/likely
/purchase
/an
/immediate
/annuity? /- /correct /answer(s) /✔✔ /Retiree /having /a /lump /sum /to /invest.
A
/signed /good /health /statement /may /be /requested /by /a /life /producer /at
/the /time /of /- /correct /answer(s) /✔✔ /Policy /delivery
Tim
/is
/covered
/by
/Policy /
A
/with /
a
/$4,000
/limit
/and
/by
/Policy /
B
/with /
a
/$2,000 /limit. /Policy /A /is /primary. /If /a /$6,000 /loss /is /incurred, /what /will
/each /policy /pay? /- /correct /answer(s) /✔✔ /A: /4,000 /B: /2,000
, Which
/of
/the
/following
/is
/NOT /
a
/valid
/contract
/age? /-
/correct
/answer(s) /✔✔ /An /annuity /exchanged /for /a /life /insurance /policy.
Tim
/is
/covered
/by
/an
/accident
/and
/health
/insurance
/policy
/that
/may
/not
/be
/changed
/in
/any
/way
/by
/the
/insurer
/up
/to /
a
/stetted
/age,
Exam
/
AZ
/
#1333
/
Exam
/
Questions with Correct Answers
/ / / /
An
/insurer
/must
/keep
/advertising
/materials
/and /records /for /at /least /how /many /years? /- /correct /answer(s) /✔✔ /3
The
/insurance /coverage /in /a /variable /life /insurance /policy /may /vary /based
/on /the /value /of /- /correct /answer(s) /✔✔ /the /underlying /investments
When
/is
/it
/acceptable
/to
/charge
/or
/receive /
a
/fee
/or
,/service
/charge
/in
/addition
/to
/the
/premium
/in
/connection
/with
/the
/transaction
/of
/insurance? /-
/correct
/answer(s) /✔✔ /If /the /amount /of /the /fee /or /service /charge /is /reasonably
/related /to /the /cost /of /the /service.
The
/dental /specialty /which /deals /with /the /replacement /of /missing /teeth /is
/called /- /correct /answer(s) /✔✔ /Prosthodontics
Which
/of
/the
/following
/is
/NOT /
a
/valid
/reason
/for
/an
/insurer
/to
/contest /
a /life /insurance /policy /during /the /policy's /first /two /years /of /existence?
/- /correct /answer(s) /✔✔ /Misstatement /of /age
,Which
/of
/the
/following
/would
/most
/likely
/purchase
/an
/immediate
/annuity? /- /correct /answer(s) /✔✔ /Retiree /having /a /lump /sum /to /invest.
A
/signed /good /health /statement /may /be /requested /by /a /life /producer /at
/the /time /of /- /correct /answer(s) /✔✔ /Policy /delivery
Tim
/is
/covered
/by
/Policy /
A
/with /
a
/$4,000
/limit
/and
/by
/Policy /
B
/with /
a
/$2,000 /limit. /Policy /A /is /primary. /If /a /$6,000 /loss /is /incurred, /what /will
/each /policy /pay? /- /correct /answer(s) /✔✔ /A: /4,000 /B: /2,000
, Which
/of
/the
/following
/is
/NOT /
a
/valid
/contract
/age? /-
/correct
/answer(s) /✔✔ /An /annuity /exchanged /for /a /life /insurance /policy.
Tim
/is
/covered
/by
/an
/accident
/and
/health
/insurance
/policy
/that
/may
/not
/be
/changed
/in
/any
/way
/by
/the
/insurer
/up
/to /
a
/stetted
/age,
