WEBCE EXAM TUTOR 2025 ACTUAL QUESTIONS

WEBCE EXAM TUTOR 2025 ACTUAL QUESTIONS &
VERIFIED ANSWERS

AllAofAtheAfollowingAareAeligibleAtoApurchaseAaAgroupAlifeAinsuranceApolicyAEXCEPT:



theAWonderfulAWidgetACompany,AwhichAemploysAmoreAthanA200Apeople

theAStateAElectricalAWorkersAUnion

theARetailersAMultipleAEmployerATrust,AformedAbyAtwoAretailersAtoApurchaseAinsuranceAforAtheirAe
mployees

StanAandAhisAneighbors,AwhoAformAtheirAownAgroupAtoAbuyAgroupAcoverageAatAaAlowerAcostAthanAt
heirAindividualAcoveragesA-ACORRECTAANSWER-
StanAandAhisAneighborsAareAnotAeligibleAtoApurchaseAgroupAlifeAinsuranceAbecauseAaAgroupAcannot
AbeAformedAsolelyAtoAobtainAlifeAinsurance



WithArespectAtoAtheAdifferenceAbetweenAvariableAlifeAinsuranceA(VLI)AandAvariableAuniversalAlifeAin
suranceA(VUL),AwhichAofAtheAfollowingAstatementsAisAcorrect?



VariableAlifeApoliciesArequireAaAfixedApremiumApayableAforAtheAlifeAofAtheApolicyAwhileAvariableAuni
versalAlifeApermitsApremiumAflexibility.

OnlyAvariableAlifeApoliciesAallowAtheApolicyownerAtoAputAfundsAinAinvestmentAsubaccounts.

OnlyAvariableAuniversalAlifeApoliciesAofferAaAminimumAdeathAbenefit.

OnlyAvariableAuniversalAlifeAisAaAsecuritiesAproduct.A-ACORRECTAANSWER-
VariableAlifeApoliciesArequireAaAfixedApremiumApayableAforAtheAlifeAofAtheApolicyAwhileAvariableAuni
versalAlifeApermitsApremiumAflexibility

Jessica,AageA25,AbuysAaA$100,00AlifeAinsuranceApolicy.ATheAinitialApremiumAisAlowerAthanAstraightAw
holeAlifeAratesAandAincreasesAeachAyearAforAtheAfirstAtenAyearsAofAtheApolicyAperiod.AAfterAthat,AtheA
premiumAlevelsAoffAandAremainsAatAthatAamountAforAtheAlifeAofAtheApolicy.AWhatAtypeAofApolicyAdo
esAJessicaAown?



indeterminateApremiumAwholeAlife

,singleApremiumAlife

gradedApremiumAwholeAlife

20-payAlifeA-ACORRECTAANSWER-gradedApremiumAwholeAlife

WhichAstatementAaboutAmodifiedApremiumAwholeAlifeAinsuranceAisANOTAcorrect?



ItAdoesAnotAbuildAcashAvalue.

ItAchargesAlowerApremiumsAinAtheAearlyApolicyAyears.

AtAtheAendAofAtheAinitialAperiod,AtheApremiumAincreasesAandAstaysAatAtheAnewAlevelAforAtheAlifeAofA
theApolicy.

ItAisAgoodAforApeopleAwhoAwantAtheAguaranteesAofAwholeAlifeAinsuranceAandAlowerAearlyApremium
s.A-ACORRECTAANSWER-ItAdoesAnotAbuildAaAcashAvalue

AAlifeAinsuranceApolicyAmaturesAorAendowsAwhenAitsAguaranteedAcashAvalueAequalsAitsAfaceAamou
nt.AWithAanAendowmentAcontract,AwhenAdoesAtheApolicyAendow?



whenAtheAinsuredAdies

atAageA120

afterAageA120

wellAbeforeAageA120,AusuallyAatAageA65A-ACORRECTAANSWER-
wellAbeforeAageA120,AusuallyAatAageA65

AAtypeAofApermanentAlifeAinsuranceAthatAletsAtheApolicyownerAincrease,AreduceAorAevenAskipApre
miumApaymentsAatAwillAwithoutAtheApolicyAlapsingAbestAdescribes:



variableAlifeAinsurance

universalAlifeAinsurance

adjustableAlifeAinsurance

modifiedApremiumAwholeAlifeAinsuranceA-ACORRECTAANSWER-universalAlifeAinsurance

VariableAuniversalAlifeAcombinesAfeaturesAofAvariableAlifeAandAuniversalAlife.AVariableAuniversalAlifeA
andAuniversalAlifeAareAalikeAinAallAtheAfollowingAwaysAEXCEPT:

,TheApremiumApaymentsAforAbothAareAflexible.

BothAtypesAofApoliciesAletAtheApolicyownerAchooseAaAdeathAbenefitAfromAtwoA(orAsometimesAthre
e)Aoptions.

ForAbothApolicies,AtheAinsurerAdeductsAinsuranceAandAexpensesAmonthlyAfromAtheAcashAvalue.

BothAareAconsideredAsecuritiesAproductsAasAwellAasAlifeAinsurance.A-ACORRECTAANSWER-
bothAareAconsideredAsecuritiesAproductsAasAwellAassAlifeAinsurance

AllAtheAfollowingAstatementsAaboutAtermAlifeAinsuranceAareAcorrectAEXCEPT:



ItAoffersAprotectionAforAaAspecified,AlimitedAperiod.

AAsmallAcashAvalueAgraduallyAaccumulatesAwhileAtheApolicyAisAinAforce.

UponAissue,AitAisAgenerallyAlessAexpensiveAthanApermanentAinsuranceAofAcomparableAfaceAamount
.

ItApaysAaAbenefitAonlyAifAtheAinsuredAdiesAduringAtheAspecifiedAperiod.A-ACORRECTAANSWER-
aAsmallAcashAvalueAgraduallyAaccumulatesAwhileAtheApolicyAisAinAforce

AAtypeAofAlifeAinsuranceAthatAcoversAtwoApeopleAandApaysAtheAdeathAbenefitAonlyAuponAtheAsecon
dAinsured'sAdeathAisAcalled



survivorshipAlife

familyAlife

spousalAlife

jointAlifeA-ACORRECTAANSWER-survivorshipAlife

UnderAaAjointAlifeAinsuranceApolicy,AwhenAdoesAtheAinsurerApayAtheAdeathAbenefit?



whenAtheAfirstAinsuredAdies

onlyAwhenAtheAsurvivingAinsuredAdies

onlyAwhenAtheAolderAinsuredAdies

, onlyAwhenAtheAyoungerAinsuredAdiesA-ACORRECTAANSWER-whenAtheAfirstAinsuredAdies

WhichAofAtheAfollowingAtypesAofAwholeAlifeAinsuranceAisApaidAwithAoneApremiumAatAtheAtimeAtheAp
olicyAisAbought?



modifiedApremiumAwholeAlife

limitedApayAlife

gradedApremiumAwholeAlife

single-premiumAlifeA-ACORRECTAANSWER-single-premiumAlife

WhichAofAtheAfollowingAlifeAinsuranceAproductsAisAbestAsuitedAforAinsuringAaAmortgageAorAotherAlo
ng-termAloanAwithAtheAleastApremiumApossible?



increasingAtermAlifeAinsurance

levelAtermAlifeAinsurance

decreasingAtermAlifeAinsurance

wholeAlifeAinsuranceA-ACORRECTAANSWER-decreasingAtermAlifeAinsurance

AAmarriedAcoupleAisAinsuredAunderAaAjointAlifeApolicy.ATheAfirstAspouseAdies.AWhatAcanAtheAsurvivin
gAspouseAdoAwithAtheApolicy?



TheAsurvivingAspouseAcanArenewAtheApolicy.

TheAsurvivingAspouseAcanAconvertAtheApolicyAifAheAorAsheAprovesAinsurability.

TheAsurvivingAspouseAmayAconvertAtheApolicyAwithoutAprovingAinsurability.

TheAsurvivingAspouseAcannotAconvertAtheApolicy.A-ACORRECTAANSWER-
theAsurvivingAspouseAcanAconvertAtheApolicyAifAheAorAsheAprovesAinsurability

AlanAandAhisAwifeAareAexpectingAtheirAfirstAchild.AAlanAwantsAtheAmostAdeathAprotectionAthatAheAc
anAgetAforAtheAsmallestAamountAofApremium,AatAleastAwhileAhe'sAstartingAhisAfamily.AIdeally,AheAwo
uldAlikeAtoAbeAableAtoAupgradeAhisAcoverageAtoAaAwholeAlifeApolicyAatAsomeApoint.AWhichAofAtheAfoll
owingAproductsAwouldAyouArecommend?