Florida life and variable Study guides, Class notes & Summaries

variable annuity - ANSWER there is no guarantee of the dollar amount of the payments, they fluctuate according to the value of an account vest primarly in common stocks join and survivor annuity - ANSWER covers two or more lives and contiunes in force so long as any one of them survives period certain annuity - ANSWER annuity imcome option that guarantees a definite minimum peroid of payments life annuity - ANSWER payable during the continued life of the annuitant. No provision is made ...

Florida Life and Variable Annuity Correct Questions and Answers(RATED A)variable annuity - ANSWER there is no guarantee of the dollar amount of the payments, they fluctuate according to the value of an account vest primarly in common stocks join and survivor annuity - ANSWER covers two or more lives and contiunes in force so long as any one of them survives period certain annuity - ANSWER annuity imcome option that guarantees a definite minimum peroid of payments life annuity - ANSWER p...

Florida 2-15 Insurance License Actual Exam Questions and Answers Already Graded A Accumulation units are converted into annuity units: at the time of annuity payout. A group life insurance plan in which the employer pays the entire premium is known as a ________________ plan. noncontributory If a disabled 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. FALSE ...

Disability Buy-Out plans feature: - ANSWER Long elimination plans up to two years (A disability buy-out plan funded with disability insurance has a long elimination period of generally two years. The elimination period begins the day of the disability. Then the disability policy will provide a lump sum to buy the disabled partner out. They want to make sure that the partner is not going to recover and come back to work) When MUST the Office of Insurance Regulation conduct a market conduct exa...

Entire Contract Provision - ANSWER found at the beginning of the policy, saying that the policy cannot refer to any outside documents as being part of the contract and prohibiting the insurer from making any changes to the policy after it has been issued. (can only make good changes not bad) Insuring Clause - ANSWER sets forth the company's basic promise to pay benefits upon the insured's death. Free-Look Provision - ANSWER gives policyowners the right to return the policy for a full pre...

Florida 2-15 Insurance License Actual Exam Questions and Answers Already Graded A Accumulation units are converted into annuity units: at the time of annuity payout. A group life insurance plan in which the employer pays the entire premium is known as a ________________ plan. noncontributory If a disabled 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. FALSE Rober...

Florida 2-15 Life, Health, And Variable Annuities. State Of FL Exam Verified Questions And Answers Insurance Financial protection against loss or harm - An arrangement by which company gives customers financial protection against loss or harm such as theft or illness in return for premium payments. Life Insurance Is based on actuarial or mathematical principles and guarantees a specified sum of money upon the death of the person who is insured

214 FLORIDA INSURANCE LIFE AND VARIABLE ANNUITY NEWEST ACTUAL QUESTIONS AND VERIFIED SOLUTIONS|ALREADY GRADED A+ 100%TUTOR VERIFIED

Marine Biology, 11e (Castro) Chapter 1 The Science of Marine Biology 1) The Challenger expedition made collections of marine organisms: A) Around the world. B) In the Pacific Ocean only. C) In the Atlantic Ocean only. D) In the Mediterranean Sea only. E) In the North Sea only. Answer: A Section: 01.01 The Science of Marine Biology Topic: The History of Marine Biology Bloom's: 01. Remember 2) The first marine laboratory in the world was established in: A) Russia. B) England. C) France....