CISR - Health & Life Essentials Questions
gh gh gh gh gh gh
with Correct Answers 2025
gh gh gh gh
In gha ghLife ghInsurance ghContract, ghwho ghis ghthe ghinsured? gh- ghCORRECT
ghANSWER gh- ghThe ghperson ghwhose ghlife ghis ghinsured.
What ghrequirements ghmust ghbe ghmet ghfor gha ghperson ghto ghbe ghinsured? gh- ghCORRECT
ghANSWER gh-1 gh- ghBe ghinsurable ghbased ghon ghunderwriting ghguidelines.
2 - ghAnswer ghall ghquestions ghand ghsign ghapplications gh(unless gha ghminor).
3 - ghGrant ghpermission ghto ghobtain ghinformation ghsuch ghas ghAPS gh& ghMIB.
According ghto ghLife ghInsurance ghContracts, ghthe ghowner ghmay ghor ghnot ghbe ghthe ghinsured. ghIf ghthe
ghowner ghis ghnot ghthe ghinsured ghwhat ghmust ghhe ghor ghshe ghhave? gh- ghCORRECT ghANSWER gh-Insurable
ghinterest gh-
a ghlegitimate ghreason ghto ghpurchase ghinsurance ghon ghthe ghinsured's ghlife.
What ghdoes ghthe ghowner ghof gha ghLife ghInsurance ghpolicy ghhave ghthe ghpower ghto ghdo? gh- ghCORRECT
ghANSWER gh-1 gh- ghName ghthe ghbeneficiary.
2 - ghMake ghchanges ghto ghthe ghpolicy.
3 - ghControl ghcash ghvalues.
4 - ghSelect ghavailable ghoptions.
5 - ghAssign ghor ghchange ghownership ghof ghpolicy.
, According ghto gha ghLife ghInsurance ghpolicy, ghwho ghis gha ghpremium ghpayor? gh- ghCORRECT ghANSWER gh-
The ghperson ghwho ghpays ghthe ghpremiums ghon ghthe ghinsurance ghpolicy. ghThis ghperson ghcan ghalso ghbe
ghthe ghowner ghand/or ghinsured.
According ghto gha ghLife ghInsurance ghpolicy, ghwhat ghis gha ghbeneficiary? gh- ghCORRECT ghANSWER gh-
The ghindividual(s) ghor ghentity ghwho ghreceives ghthe ghdeath ghbenefit ghfrom ghthe ghlife ghinsurance
gh policy.
What ghis ghthe ghSurvivorship ghClause? gh- ghCORRECT ghANSWER gh-
When ghthe ghdeath ghof ghthe ghinsured ghand ghthe ghprimary ghis ghat ghthe ghsame ghtime, ghthe ghbenefits
ghwould ghskip ghth g h e ghprimary ghbeneficiary ghand ghpaid ghto ghthe ghcontingent; ghif ghthe ghcontingent ghis
ghnot ghmade, ghproceeds ghgo ghto ghthe ghestate ghof ghthe ghinsured.
What ghdoes ghrevocable ghmean? gh- ghCORRECT ghANSWER gh-Can ghbe ghchanged ghanytime ghby ghthe
gh owner.
What ghdoes ghirrevocable ghmean? gh- ghCORRECT ghANSWER
gh- ghCan ghonly ghbe ghchanged ghwith ghconsent ghof ghthat
ghbeneficiary.
According ghto gha ghLife ghInsurance ghpolicy, ghwho ghis ghthe ghassignee? gh- ghCORRECT ghANSWER gh-
The ghperson ghor ghentity ghto ghwhom ghthe ghtitle, ghrights, ghand ghbenefits ghunder gha ghlife ghinsurance
ghpolicy ghare ghas ghsigned ghand ghis ghin ghaddition ghto ghthe ghbeneficiary.
When ghcan gha ghtransfer ghof ghbenefits ghoccur? gh- ghCORRECT ghANSWER gh-
When ghthe ghassignor, ghor ghowner ghof gha ghlife ghinsurance ghpolicy, ghtransfers ghthe ghbenefits ghas
ghcollateral, ghensu ghring gha ghdebt ghis ghpaid.
Who ghevaluates ghthe ghapplicant ghor ghrisk ghthrough ghthe ghprocess ghof ghunderwriting ghand ghmakes ghan
ghoffer ghof ghinsurance? gh- ghCORRECT ghANSWER gh-The ghinsurer gh(also ghknown ghas ghthe ghcompany ghor
ghcarrier).
Why ghmight ghpeople ghbe ghrequired ghto ghpurchase ghLife ghInsurance? gh- ghCORRECT ghANSWER gh-1 gh-
ghRequirement ghfor gha ghloan.
gh gh gh gh gh gh
with Correct Answers 2025
gh gh gh gh
In gha ghLife ghInsurance ghContract, ghwho ghis ghthe ghinsured? gh- ghCORRECT
ghANSWER gh- ghThe ghperson ghwhose ghlife ghis ghinsured.
What ghrequirements ghmust ghbe ghmet ghfor gha ghperson ghto ghbe ghinsured? gh- ghCORRECT
ghANSWER gh-1 gh- ghBe ghinsurable ghbased ghon ghunderwriting ghguidelines.
2 - ghAnswer ghall ghquestions ghand ghsign ghapplications gh(unless gha ghminor).
3 - ghGrant ghpermission ghto ghobtain ghinformation ghsuch ghas ghAPS gh& ghMIB.
According ghto ghLife ghInsurance ghContracts, ghthe ghowner ghmay ghor ghnot ghbe ghthe ghinsured. ghIf ghthe
ghowner ghis ghnot ghthe ghinsured ghwhat ghmust ghhe ghor ghshe ghhave? gh- ghCORRECT ghANSWER gh-Insurable
ghinterest gh-
a ghlegitimate ghreason ghto ghpurchase ghinsurance ghon ghthe ghinsured's ghlife.
What ghdoes ghthe ghowner ghof gha ghLife ghInsurance ghpolicy ghhave ghthe ghpower ghto ghdo? gh- ghCORRECT
ghANSWER gh-1 gh- ghName ghthe ghbeneficiary.
2 - ghMake ghchanges ghto ghthe ghpolicy.
3 - ghControl ghcash ghvalues.
4 - ghSelect ghavailable ghoptions.
5 - ghAssign ghor ghchange ghownership ghof ghpolicy.
, According ghto gha ghLife ghInsurance ghpolicy, ghwho ghis gha ghpremium ghpayor? gh- ghCORRECT ghANSWER gh-
The ghperson ghwho ghpays ghthe ghpremiums ghon ghthe ghinsurance ghpolicy. ghThis ghperson ghcan ghalso ghbe
ghthe ghowner ghand/or ghinsured.
According ghto gha ghLife ghInsurance ghpolicy, ghwhat ghis gha ghbeneficiary? gh- ghCORRECT ghANSWER gh-
The ghindividual(s) ghor ghentity ghwho ghreceives ghthe ghdeath ghbenefit ghfrom ghthe ghlife ghinsurance
gh policy.
What ghis ghthe ghSurvivorship ghClause? gh- ghCORRECT ghANSWER gh-
When ghthe ghdeath ghof ghthe ghinsured ghand ghthe ghprimary ghis ghat ghthe ghsame ghtime, ghthe ghbenefits
ghwould ghskip ghth g h e ghprimary ghbeneficiary ghand ghpaid ghto ghthe ghcontingent; ghif ghthe ghcontingent ghis
ghnot ghmade, ghproceeds ghgo ghto ghthe ghestate ghof ghthe ghinsured.
What ghdoes ghrevocable ghmean? gh- ghCORRECT ghANSWER gh-Can ghbe ghchanged ghanytime ghby ghthe
gh owner.
What ghdoes ghirrevocable ghmean? gh- ghCORRECT ghANSWER
gh- ghCan ghonly ghbe ghchanged ghwith ghconsent ghof ghthat
ghbeneficiary.
According ghto gha ghLife ghInsurance ghpolicy, ghwho ghis ghthe ghassignee? gh- ghCORRECT ghANSWER gh-
The ghperson ghor ghentity ghto ghwhom ghthe ghtitle, ghrights, ghand ghbenefits ghunder gha ghlife ghinsurance
ghpolicy ghare ghas ghsigned ghand ghis ghin ghaddition ghto ghthe ghbeneficiary.
When ghcan gha ghtransfer ghof ghbenefits ghoccur? gh- ghCORRECT ghANSWER gh-
When ghthe ghassignor, ghor ghowner ghof gha ghlife ghinsurance ghpolicy, ghtransfers ghthe ghbenefits ghas
ghcollateral, ghensu ghring gha ghdebt ghis ghpaid.
Who ghevaluates ghthe ghapplicant ghor ghrisk ghthrough ghthe ghprocess ghof ghunderwriting ghand ghmakes ghan
ghoffer ghof ghinsurance? gh- ghCORRECT ghANSWER gh-The ghinsurer gh(also ghknown ghas ghthe ghcompany ghor
ghcarrier).
Why ghmight ghpeople ghbe ghrequired ghto ghpurchase ghLife ghInsurance? gh- ghCORRECT ghANSWER gh-1 gh-
ghRequirement ghfor gha ghloan.
