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Exam (elaborations)
MI VARIABLE LIFE AND ANNUITIES PRODUCER NEWLY RELEASED QUESTIONS AND ACCURATE ANSWERS FOR THE MOST RECENT EXAM VERSION
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---18November 20252025/2026A+
- MI VARIABLE LIFE AND ANNUITIES PRODUCER NEWLY RELEASED QUESTIONS AND ACCURATE ANSWERS FOR THE MOST RECENT EXAM VERSION.....
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Exam (elaborations)
MI VARIABLE LIFE AND ANNUITIES PRODUCER
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---15May 20242023/2024A+
- A variable annuity has a payout that is - Answer-Contingent upon the profitability of the investment portfolio 
 
Which of the following would be considered the largest cost incurred on the value of a variable annuity? 
a) the cost of insurance 
b) Mortality fee 
c) Investment management fee 
d) Administrative expenses - Answer-c) Investment management fee 
 
The two main categories of policy loan interest rates are - Answer-Fixed and variable 
 
Which of the following types of policies would al...
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