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Exam (elaborations)

NWM NORTH CAROLINA LIFE INSURANCE EXAM ACTUAL PREP QUESTIONS AND WELL REVISED ANSWERS - LATEST AND COMPLETE UPDATE WITH VERIFIED SOLUTIONS – ASSURES PASS
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23

January 2026

2025/2026

A+
NWM NORTH CAROLINA LIFE INSURANCE EXAM ACTUAL PREP QUESTIONS AND WELL REVISED ANSWERS - LATEST AND COMPLETE UPDATE WITH VERIFIED SOLUTIONS – ASSURES PASS
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Exam (elaborations)

NWM North Carolina Life Insurance test (Questions + Answers) Solved
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14

August 2024

2024/2025

A+
A 20 year family income policy was purchased effective april 1 2001. The insured died 4 months later, on august 1, 2001. The beneficiary receives monthly income for - 19 years 8 months A deferred annuity is surrendered prior to annuitization. Which of the following best describes the non forfeiture value of the annuity? - the surrender value should be equal to 100% of the premium paid minus any prior withdrawals and surrender charges A man decided to purchase $100,000 annually renewable ter...
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Exam (elaborations)

NWM North Carolina Life Insurance Exam
Available in bundle

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11

May 2023

2022/2023

A+
Available in bundle
When a reduced paid up nonforfeiture option is chosen, what happens to the face amount of the policy? - Answer- It is reduced to the amount of what the cash value would buy as a single premium Which of the following are not fundable by annuities? - Answer- death benefits Stating that an insurer's policies are guaranteed by the existence of the Life and Health Guaranty Association is - Answer- An unfair trade practice group life insurance is a single policy written to provide coverage t...
GEEKA
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