Life Insurance Exam Missouri Questions and Answers 100% Solved

Life Insurance Exam Missouri Questions and Answers 100% Solved Requirements for the life insurance illustrations ️️They may only be used as approved, they must identify non guaranteed values, they must differentiate between guaranteed and projected amounts Which life insurance settlement option guarantees payments for the lifetime of the recipient, but also specifies a guaranteed period, during which , if the original recipient dies, the payments will continue to a designated beneficiary ️️life income with period certain What term means a result of calculation based on the average number of months the insured is projected to live due to medical history and mortality factors ️️life expectancy Under which of the following circumstances would an insurer pay accelerated benefits ️️an insured is diagnosed with cancer and needs help paying for her medical treatment What are 3 qualities of the federal tax advantage of a qualified plan ️️funds accumulate on a tax-deferred basis, employee and employer contributions are not counted as income to the employee for income tax purposes, employer contributions are tax deductible business expense what option is being utilized when the insurer accumulates dividends at interest and the uses the accumulated dividends, plus interest, and the policy cash value top pay the policy up early? ️️paid-up option