Licensing Exam Questions And Answers
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IMPORTANT bNUMBER bFOR bLIFE bINSURANCE:
Free blook bperiod bfor blife binsurance bpolicies. b- bcorrect banswer. b b b b14 bdays
Grace bperiod, bfrom bsecond bnotice, bto bwhich ba blife bpolicy-owner bat bleast b64 byears bof
bage bis bentitled. bFree blook bperiod bfor bAnnuities band bVariable bAnnuities. b- bcorrect
banswer. b b b b21 bdays
Grace bperiod bfor bindustrial blife binsurance. b- bcorrect banswer. b b b b28 bdays
Grace bperiod bfor blife binsurance. bNotice bagent bmust bgive bDepartment bafter bfelony
bconviction. bNotice binsurer bmust bgive bDepartment bof bchange bin bappointed bcontact
bagent. bNotice bagent bmust bgive bDepartment bof bname bor baddress bchange b- bcorrect
banswer. b b b b30 bdays
Time bfor bconversion bfrom bgroup bcoverage. bGrace bperiod bfor bGroup bLife. b- bcorrect
banswer. b b b b31 bdays
Grace bperiod b(total) bfor bpolicy-owner bage b64 bor bolder. b- bcorrect banswer. b b b b51 bdays
Rollover bIRA bmust bbe breinvested. bRule bof bConstructive bReceipt. b- bcorrect banswer. b b b b60
bdays
Accidental bDeath bmust boccur. b- bcorrect banswer. b b b b90 bdays
Notice binsurer bmust bgive binsureds bif bterminating ball bindividual bor bgroups bpolicies. b-
bcorrect banswer. b b b b180 bDays
Period bin bwhich ban bagent's bcommissions bfrom bcontrolled bbusiness bcannot bexceed b50%
bVariable bpolicies bmust breport bvalue bto bannuitant. b- bcorrect banswer. b b b b12 bmonths
Incontestability bperiod. bSuicide bClause. b- bcorrect banswer. b b b b2 byears
Agents bmust bkeeps brecords. b- bcorrect banswer. b b b b5 byears