KENTUCKY LIFE AND HEALTH EXAM 2024 WITH 100% CORRECT ANSWER

KENTUCKY LIFE AND HEALTH EXAM 2024 WITH 100% CORRECT ANSWER An insurance agent who replaces an existing policy by making false written or oral statements is committing the act of: - correct answer twisting Which of the following risks are insurable? - correct answer pure risk The federal income tax treatment of employer-provided group health insurance can be accurately described as: - correct answer Employee's coverage paid for by the employer is tax-deductible to the employer as a business expenditure Which approach predicts a person's earning potential and determines how much of that amount would be devoted to dependents? - correct answer Human life value approach What type of society operates under a lodge system with a representative form of government and provides benefits in accordance to its chapter? - correct answer fraternal benefits Which of the following statements BEST describes what the Legal Actions provision of an Accident and Health policy requires? - correct answer An insured must wait at least 60 days after Proof of Loss has been submitted before a lawsuit can be filed What does a fixed annuity offer protection against? - correct answer savings depletion because of longevity