LICENSE EXAM 2025/2026 BANK
/ ACCURATE REAL EXAM 2
VERSIONS WITH 600 QUESTIONS
TESTING VERSIONS AND A
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Terms in this set (149)
Accumulation at the time of annuity payout.
units are
converted into
annuity units:
A group life noncontributory
insurance plan
in which the
employer pays
the entire
premium is
known as a
________________
plan.
,If a disabled FALSE
worker covered
under Social
Security
disability
benefits
recovers and
then is disabled
again within five
years, a new
waiting period
is required
before benefits
begin again.
Robert had an After 5 months
accident and
qualified for
Social Security
disability. Given
the waiting
period, when
will Robert
begin to
receive
benefits?
, The Insuring beneficiary
Clause includes
all of the
following
EXCEPT the
Mutualization mutual
occurs when a
stock company
turns to a
__________
company.
To provide a stop-loss
safeguard for
insureds, most
major medical
policies contain
a ____________
feature that
limits the
insured's out-of-
expenses.