Delaware Life Insurance test with
complete answers
What bhis bhthe bhbenefit bhof bhchoosing bhextended bhterm bhas bha bhnonforfeiture
bhoption? bh- bh bhcorrect bhanswer- bh bhIt bhhas bhthe bhhighest bhamount bhof bhinsurance
bhprotection
Upon bhthe bhdeath bhof bhthe bhinsured, bhthe bhprimary bhbeneficiary bhdiscovers bhthat
bhthe bhinsured bhchose bhthe bhinterest bhonly bhsettlement bhoption. bhWhat bhdoes bhthis
bhmean? bh- bh bhcorrect bhanswer- bh bhThe bhbeneficiary bhwill bhonly bhreceive bhpayments
bhof bhthe bhinterest bhearned bhon bhthe bhdeath bhbenefit
If bha bhlife bhinsurance bhpolicy bhhas bhan bhirrevocable bhbeneficiary bhdesignation, bh- bh
bhcorrect bhanswer- bh bhthe bhbeneficiary bhcan bhonly bhbe bhchanged bhwith bhwritten
bhpermission bhof bhthe bhbeneficiary
Which bhof bhthe bhfollowing bhterms bhmeans bha bhresult bhof bhcalculation bhbased bhon
bhthe bhaverage bhnumber bhof bhmonths bhthe bhinsured bhis bhprojected bhto bhlive bhdue bhto
bhmedical bhhistory bhand bhmortality bhfactors bh- bh bhcorrect bhanswer- bh bhlife
bhexpectancy
Which bhis bhNOT bhtrue bhabout bhbeneficiary bhdesignations? bh- bh bhcorrect bhanswer- bh
bhThe bhbeneficiary bhmust bhhave bhinsurable bhinterest bhin bhthe bhinsured.
,which bhof bhthe bhfollowing bhis bhtrue bhregarding bhtaxation bhof bhdividends bhin
bhparticipating bhpolicies? bh- bh bhcorrect bhanswer- bh bhdividends bhare bhnot bhtaxable
An bhinsured bhwill bhbe bhallowed bhto bhreactivate bhher bhlapsed bhlife bhinsurance bhpolicy
bhif bhaction bhis bhtaken bhwithin bha bhcertain bhperiod bhof bhtime, bhand bhproof bhof
bhinsurability bhis bhprovided. bhWhich bhpolicy bhprovision bhallows bhthis? bh- bh bhcorrect
bhanswer- bh bhreinstatement bhprovision
Which bhof bhthe bhfollowing bhallows bhthe bhinsurer bhto bhrelieve bha bhminor bhinsured
bhfrom bhpremium bhpayments bhif bhthe bhminor's bhparent bhhave bhdied bhor bhbecome
bhdisabled? bh- bh bhcorrect bhanswer- bh bhpayor bhbenefit
The bhpolicyowner bhwants bhto bhmake bhsure bhthat bhupon bhhis bhdeath, bhthe bhlife
bhpolicy bhwill bhpay bha bhportion bhof bhthe bhproceeds bhannually bhto bhhis bhspouse, bhbut
bhthat bhthe bhprincipal bhwill bhbe bhpaid bhto bhtheir bhchildren bhwhen bhthey bhreach bha
bhcertain bhage. bhWhich bhsettlement bhoption bhshould bhthe bhpolicyowner bhchoose? bh- bh
bhcorrect bhanswer- bh bhinterest bhonly bhoption
a bhprospective bhinsured bhreceives bha bhconditional bhreceipt bhbut bhdies bhbefore bhthe
bhpolicy bhis bhissued. bhthe bhinsurer bhwill bh- bh bhcorrect bhanswer- bh bhpay bhthe bhpolicy
bhproceeds bhonly bhif bhit bhwould bhhave bhissued bhthe bhpolicy
a bhdomestic bhinsurer bhissuing bhvariable bhcontracts bhmust bhestablish bhone bhor bhmore
bh- bh bhcorrect bhanswer- bh bhseparate bhaccounts
Which bhlife bhinsurance bhsettlement bhoption bhguarantees bhpayments bhfor bhthe
bhlifetime bhof bhthe bhrecipient, bhbut bhalso bhspecifies bha bhguaranteed bhperiod, bhduring
bhwhich, bhif bhthe bhoriginal bhrecipient bhdies, bhthe bhpayments bhwill bhcontinue bhto bha
bhdesignated bhbeneficiary? bh- bh bhcorrect bhanswer- bh bhLife bhincome bhwith bhperiod
bhcertain
within bhhow bhmany bhdays bhof bhrequesting bhan bhinvestigative bhconsumer bhreport
bhmust bhan bhinsurer bhnotify bhthe bhconsumer bhin bhwriting bhthat bhthe bhreport bhwill bhbe
bhobtained? bh- bh bhcorrect bhanswer- bh bh3 bhdays
when bha bhlife bhinsurance bhpolicy bhwas bhissued, bhthe bhpolicyowner bhdesignated bha
bhprimary bhand bha bhcontingent bhbeneficiary. bh
Several bhyears bhlater, bhboth bhthe bhinsured bhand bhthe bhprimary bhbeneficiary bhdied bhin
bhthe bhsame bhcar bhaccident, bhand bhit bhwas bhimpossible bhto bhdetermine bhwho bhdied
bhfirst. bh
Which bhof bhthe bhfollowing bhwould bhreceive bhthe bhdeath bhbenefit? bh- bh bhcorrect
bhanswer- bh bhthe bhinsured's bhcontingent bhbeneficiary
which bhof bhthe bhfollowing bhis bhTRUE bhregarding bhthe bhpremium bhin bhterm bhpolicies?
bh- bh bhcorrect bhanswer- bh bhthe bhpremium bhis bhlevel
, all bhof bhthe bhfollowing bhare bhexamples bhof bhthird-party bhownership bhof bha bhlife
bhinsurance bhpolicy bhEXCEPT bh- bh bhcorrect bhanswer- bh bhan bhinsured bhborrows
bhmoney bhfrom bhthe bhbank bhand bhmakes bha bhcollateral bhassignment bhof bha bhpart bhof
bhthe bhdeath bhbenefit bhto bhsecure bhthe bhloan
which bhof bhthe bhfollowing bhtypes bhof bhpolicies bhwill bhprovide bhpermanent bhprotection?
bh- bh bhcorrect bhanswer- bh bhwhole bhlife
The bhtype bhof bhsettlement bhoption bhwhich bhpays bhthroughout bhthe bhlifetimes bhof bhtwo
bhor bhmore bhbeneficiaries bhis bhcalled bh- bh bhcorrect bhanswer- bh bhjoint bhand bhsurvivor
which bhof bhthe bhfollowing bhis bhNOT bhtrue bhregarding bhequity bhindexed bhannuities bh-
bh bhcorrect bhanswer- bh bhthey bhearn bhlower bhinterest bhrates bhthan bhfixed bhannuities
An bhinsured bhpurchased bha bh10-year bhlevel bhterm bhlife bhpolicy bhthat bhis bhguaranteed
bhrenewable bhand bhconvertible. bhWhat bhhappens bhat bhthe bhend bhof bhthe bh10-year
bhterm? bh- bh bhcorrect bhanswer- bh bhthe bhinsured bhmay bhrenew bhthe bhpolicy bhfor
bhanother bh10 bhyears, bhbut bhat bha bhhigher bhpremium bhrate
all bhof bhthe bhfollowing bhare bhtrue bhregarding bhthe bhguaranteed bhinsurability bhrider
bhEXCEPT bh- bh bhcorrect bhanswer- bh bhThe bhrider bhis bhavailable bhto bhall bhinsured
which bhof bhthe bhfollowing bhterms bhis bhused bhto bhname bhthe bhnontaxed bhreturn bhof
bhunused bhpremiums? bh- bh bhcorrect bhanswer- bh bhdividend
when bhan bhinsured bhunder bha bhlife bhinsurance bhpolicy bhdies, bhthe bhdesignated
bhbeneficiary bhreceived bhthe bhface bhamount bhof bhthe bhpolicy bhas bhwell bhas bha
bhrefund bhof bhall bhof bhthe bhpremiums bhpaid. bhwhich bhrider bhis bhattached bhto bhpolicy?
bh- bh bhcorrect bhanswer- bh bhreturn bhof bhpremium
the bhownership bhprovision bhentitles bhthe bhpolicyowner bhto bhdo bhall bhof bhthe
bhfollowing bhEXCEPT bh- bh bhcorrect bhanswer- bh bhset bhpremium bhrates
which bhof bhthe bhfollowing bhis bhthe bhbest bhreason bhto bhpurchase bhlife bhinsurance
bhrather bhthan bhannuities? bh- bh bhcorrect bhanswer- bh bhto bhcreate bhan bhestate
which bhof bhthe bhfollowing bhdetermines bhthe bhcash bhvalue bhof bha bhvariable bhlife
bhpolicy? bh- bh bhcorrect bhanswer- bh bhthe bhperformances bhof bhthe bhpolicy bhportfolio
which bhof bhthe bhfollowing bhis bhTRUE bhabout bhthe bh10-day bhfree-look bhperiod bhin bha
bhlife bhinsurance bhpolicy? bh- bh bhcorrect bhanswer- bh bhit bhbegins bhwhen bhthe bhpolicy
bhis bhdelivered
which bhof bhthe bhfollowing bhriders bhwould bhNOT bhcause bhthe bhdeath bhbenefit bhto
bhincrease? bh- bh bhcorrect bhanswer- bh bhpayor bhbenefit bhrider
complete answers
What bhis bhthe bhbenefit bhof bhchoosing bhextended bhterm bhas bha bhnonforfeiture
bhoption? bh- bh bhcorrect bhanswer- bh bhIt bhhas bhthe bhhighest bhamount bhof bhinsurance
bhprotection
Upon bhthe bhdeath bhof bhthe bhinsured, bhthe bhprimary bhbeneficiary bhdiscovers bhthat
bhthe bhinsured bhchose bhthe bhinterest bhonly bhsettlement bhoption. bhWhat bhdoes bhthis
bhmean? bh- bh bhcorrect bhanswer- bh bhThe bhbeneficiary bhwill bhonly bhreceive bhpayments
bhof bhthe bhinterest bhearned bhon bhthe bhdeath bhbenefit
If bha bhlife bhinsurance bhpolicy bhhas bhan bhirrevocable bhbeneficiary bhdesignation, bh- bh
bhcorrect bhanswer- bh bhthe bhbeneficiary bhcan bhonly bhbe bhchanged bhwith bhwritten
bhpermission bhof bhthe bhbeneficiary
Which bhof bhthe bhfollowing bhterms bhmeans bha bhresult bhof bhcalculation bhbased bhon
bhthe bhaverage bhnumber bhof bhmonths bhthe bhinsured bhis bhprojected bhto bhlive bhdue bhto
bhmedical bhhistory bhand bhmortality bhfactors bh- bh bhcorrect bhanswer- bh bhlife
bhexpectancy
Which bhis bhNOT bhtrue bhabout bhbeneficiary bhdesignations? bh- bh bhcorrect bhanswer- bh
bhThe bhbeneficiary bhmust bhhave bhinsurable bhinterest bhin bhthe bhinsured.
,which bhof bhthe bhfollowing bhis bhtrue bhregarding bhtaxation bhof bhdividends bhin
bhparticipating bhpolicies? bh- bh bhcorrect bhanswer- bh bhdividends bhare bhnot bhtaxable
An bhinsured bhwill bhbe bhallowed bhto bhreactivate bhher bhlapsed bhlife bhinsurance bhpolicy
bhif bhaction bhis bhtaken bhwithin bha bhcertain bhperiod bhof bhtime, bhand bhproof bhof
bhinsurability bhis bhprovided. bhWhich bhpolicy bhprovision bhallows bhthis? bh- bh bhcorrect
bhanswer- bh bhreinstatement bhprovision
Which bhof bhthe bhfollowing bhallows bhthe bhinsurer bhto bhrelieve bha bhminor bhinsured
bhfrom bhpremium bhpayments bhif bhthe bhminor's bhparent bhhave bhdied bhor bhbecome
bhdisabled? bh- bh bhcorrect bhanswer- bh bhpayor bhbenefit
The bhpolicyowner bhwants bhto bhmake bhsure bhthat bhupon bhhis bhdeath, bhthe bhlife
bhpolicy bhwill bhpay bha bhportion bhof bhthe bhproceeds bhannually bhto bhhis bhspouse, bhbut
bhthat bhthe bhprincipal bhwill bhbe bhpaid bhto bhtheir bhchildren bhwhen bhthey bhreach bha
bhcertain bhage. bhWhich bhsettlement bhoption bhshould bhthe bhpolicyowner bhchoose? bh- bh
bhcorrect bhanswer- bh bhinterest bhonly bhoption
a bhprospective bhinsured bhreceives bha bhconditional bhreceipt bhbut bhdies bhbefore bhthe
bhpolicy bhis bhissued. bhthe bhinsurer bhwill bh- bh bhcorrect bhanswer- bh bhpay bhthe bhpolicy
bhproceeds bhonly bhif bhit bhwould bhhave bhissued bhthe bhpolicy
a bhdomestic bhinsurer bhissuing bhvariable bhcontracts bhmust bhestablish bhone bhor bhmore
bh- bh bhcorrect bhanswer- bh bhseparate bhaccounts
Which bhlife bhinsurance bhsettlement bhoption bhguarantees bhpayments bhfor bhthe
bhlifetime bhof bhthe bhrecipient, bhbut bhalso bhspecifies bha bhguaranteed bhperiod, bhduring
bhwhich, bhif bhthe bhoriginal bhrecipient bhdies, bhthe bhpayments bhwill bhcontinue bhto bha
bhdesignated bhbeneficiary? bh- bh bhcorrect bhanswer- bh bhLife bhincome bhwith bhperiod
bhcertain
within bhhow bhmany bhdays bhof bhrequesting bhan bhinvestigative bhconsumer bhreport
bhmust bhan bhinsurer bhnotify bhthe bhconsumer bhin bhwriting bhthat bhthe bhreport bhwill bhbe
bhobtained? bh- bh bhcorrect bhanswer- bh bh3 bhdays
when bha bhlife bhinsurance bhpolicy bhwas bhissued, bhthe bhpolicyowner bhdesignated bha
bhprimary bhand bha bhcontingent bhbeneficiary. bh
Several bhyears bhlater, bhboth bhthe bhinsured bhand bhthe bhprimary bhbeneficiary bhdied bhin
bhthe bhsame bhcar bhaccident, bhand bhit bhwas bhimpossible bhto bhdetermine bhwho bhdied
bhfirst. bh
Which bhof bhthe bhfollowing bhwould bhreceive bhthe bhdeath bhbenefit? bh- bh bhcorrect
bhanswer- bh bhthe bhinsured's bhcontingent bhbeneficiary
which bhof bhthe bhfollowing bhis bhTRUE bhregarding bhthe bhpremium bhin bhterm bhpolicies?
bh- bh bhcorrect bhanswer- bh bhthe bhpremium bhis bhlevel
, all bhof bhthe bhfollowing bhare bhexamples bhof bhthird-party bhownership bhof bha bhlife
bhinsurance bhpolicy bhEXCEPT bh- bh bhcorrect bhanswer- bh bhan bhinsured bhborrows
bhmoney bhfrom bhthe bhbank bhand bhmakes bha bhcollateral bhassignment bhof bha bhpart bhof
bhthe bhdeath bhbenefit bhto bhsecure bhthe bhloan
which bhof bhthe bhfollowing bhtypes bhof bhpolicies bhwill bhprovide bhpermanent bhprotection?
bh- bh bhcorrect bhanswer- bh bhwhole bhlife
The bhtype bhof bhsettlement bhoption bhwhich bhpays bhthroughout bhthe bhlifetimes bhof bhtwo
bhor bhmore bhbeneficiaries bhis bhcalled bh- bh bhcorrect bhanswer- bh bhjoint bhand bhsurvivor
which bhof bhthe bhfollowing bhis bhNOT bhtrue bhregarding bhequity bhindexed bhannuities bh-
bh bhcorrect bhanswer- bh bhthey bhearn bhlower bhinterest bhrates bhthan bhfixed bhannuities
An bhinsured bhpurchased bha bh10-year bhlevel bhterm bhlife bhpolicy bhthat bhis bhguaranteed
bhrenewable bhand bhconvertible. bhWhat bhhappens bhat bhthe bhend bhof bhthe bh10-year
bhterm? bh- bh bhcorrect bhanswer- bh bhthe bhinsured bhmay bhrenew bhthe bhpolicy bhfor
bhanother bh10 bhyears, bhbut bhat bha bhhigher bhpremium bhrate
all bhof bhthe bhfollowing bhare bhtrue bhregarding bhthe bhguaranteed bhinsurability bhrider
bhEXCEPT bh- bh bhcorrect bhanswer- bh bhThe bhrider bhis bhavailable bhto bhall bhinsured
which bhof bhthe bhfollowing bhterms bhis bhused bhto bhname bhthe bhnontaxed bhreturn bhof
bhunused bhpremiums? bh- bh bhcorrect bhanswer- bh bhdividend
when bhan bhinsured bhunder bha bhlife bhinsurance bhpolicy bhdies, bhthe bhdesignated
bhbeneficiary bhreceived bhthe bhface bhamount bhof bhthe bhpolicy bhas bhwell bhas bha
bhrefund bhof bhall bhof bhthe bhpremiums bhpaid. bhwhich bhrider bhis bhattached bhto bhpolicy?
bh- bh bhcorrect bhanswer- bh bhreturn bhof bhpremium
the bhownership bhprovision bhentitles bhthe bhpolicyowner bhto bhdo bhall bhof bhthe
bhfollowing bhEXCEPT bh- bh bhcorrect bhanswer- bh bhset bhpremium bhrates
which bhof bhthe bhfollowing bhis bhthe bhbest bhreason bhto bhpurchase bhlife bhinsurance
bhrather bhthan bhannuities? bh- bh bhcorrect bhanswer- bh bhto bhcreate bhan bhestate
which bhof bhthe bhfollowing bhdetermines bhthe bhcash bhvalue bhof bha bhvariable bhlife
bhpolicy? bh- bh bhcorrect bhanswer- bh bhthe bhperformances bhof bhthe bhpolicy bhportfolio
which bhof bhthe bhfollowing bhis bhTRUE bhabout bhthe bh10-day bhfree-look bhperiod bhin bha
bhlife bhinsurance bhpolicy? bh- bh bhcorrect bhanswer- bh bhit bhbegins bhwhen bhthe bhpolicy
bhis bhdelivered
which bhof bhthe bhfollowing bhriders bhwould bhNOT bhcause bhthe bhdeath bhbenefit bhto
bhincrease? bh- bh bhcorrect bhanswer- bh bhpayor bhbenefit bhrider
