Arizona Life Insurance Exam
Save
Terms in this set (130)
,a whole life they are not guaranteed
policy that
provides a choice
of dividend
options include
the following
statement about
dividends
they accrue at a
guaranteed rate
they are deferred
for one year
they are not
guaranteed
they are
guaranteed after
the first year
,When there is a are paid directly to the beneficiary
named without interference from the
beneficiary on a insured`s creditors
life insurance
policy, the death
benefits
1. are directed to
a trustee if the
insured has any
outstanding
debts
2. are paid
directly to the
insured`s
creditors, with
any remaining
balance
forwarded to the
beneficiary
3. are paid
directly to the
beneficiary, minus
any debt claims
by the insured`s
, creditors
4. are paid
directly to the
beneficiary
without
interference from
the insured`s
creditors
Save
Terms in this set (130)
,a whole life they are not guaranteed
policy that
provides a choice
of dividend
options include
the following
statement about
dividends
they accrue at a
guaranteed rate
they are deferred
for one year
they are not
guaranteed
they are
guaranteed after
the first year
,When there is a are paid directly to the beneficiary
named without interference from the
beneficiary on a insured`s creditors
life insurance
policy, the death
benefits
1. are directed to
a trustee if the
insured has any
outstanding
debts
2. are paid
directly to the
insured`s
creditors, with
any remaining
balance
forwarded to the
beneficiary
3. are paid
directly to the
beneficiary, minus
any debt claims
by the insured`s
, creditors
4. are paid
directly to the
beneficiary
without
interference from
the insured`s
creditors
