LLQP questions with correct answers
Process to underwriting Answer 1. Personal information 2. Medical information 3. Product information 4. Agents comment Annuity is cover by whom? Answer Assuris How much does assuris covers? Answer 60,000 or 85% Bank products are covered by whom? Answer CDIC 3 predictable risks Answer 1. premature death 2. disability 3. Risk associated with old age Premiums are deductible if... Answer - policy owned with an rrsp - beneficiary is a charity and is irrevocable - policy was granted as a loan Who is an insurer? Answer The insurance company Who is the policy holder? Answer The insured!
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llqp questions with correct answers
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