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LA Life Insurance Series 101 UPDATED Exam Questions and CORRECT Answers

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LA Life Insurance Series 101 UPDATED Exam Questions and CORRECT Answers Which type of rider pays out a capital sum in case an insured loses a limb or their eyesight? - Ans Accidental Death and Dismemberment If a policyowner of a convertible term life insurance policy exercises his/her right to convert, which of the following will happen? - Ans The term policy will be replaced by a permanent life insurance policy Which of the following is NOT a purpose of the rule regarding replacement of Life Insurance? - Ans Regulate the replacement of Insurance by the consumer

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