Pearson Vue Life Insurance
Practice Exam Actual Exam 2025 |
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Terms in this set (50)
,P wants to name B
her husband as
the beneficiary
of her life
policy.
However, she
wishes to retain
all of the rights
of ownership. P
should have her
husband named
as the:
A.irrevocable
beneficiary
B.revocable
beneficiary
C.secondary
beneficiary
,A contract that D
has as its basic
function the
systematic
liquidation of
accumulated
assets through
periodic
payments is
called an:
A.indemnity
contract
B.investment
contract
C.endowment
D.annuity
, An insurance B
producer takes
an application
for a life
insurance policy
but does not
collect the initial
premium. On
delivery of the
policy to the
proposed
insured, the
producer must
collect the initial
premium and
which of the
following?
A.A copy of the
MIB report
B.The insured's
signed
statement of
continued good
health
Practice Exam Actual Exam 2025 |
Complete Questions and Correct
Answers | Newest Exam | Verified
Answers | Just Released
Save
Terms in this set (50)
,P wants to name B
her husband as
the beneficiary
of her life
policy.
However, she
wishes to retain
all of the rights
of ownership. P
should have her
husband named
as the:
A.irrevocable
beneficiary
B.revocable
beneficiary
C.secondary
beneficiary
,A contract that D
has as its basic
function the
systematic
liquidation of
accumulated
assets through
periodic
payments is
called an:
A.indemnity
contract
B.investment
contract
C.endowment
D.annuity
, An insurance B
producer takes
an application
for a life
insurance policy
but does not
collect the initial
premium. On
delivery of the
policy to the
proposed
insured, the
producer must
collect the initial
premium and
which of the
following?
A.A copy of the
MIB report
B.The insured's
signed
statement of
continued good
health
