Florida life insurance Study guides, Class notes & Summaries

Accumulation units are converted into annuity units: - Answer- at the time of annuity payout. A group life insurance plan in which the employer pays the entire premium is known as a ________________ plan. - Answer- 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. - Answer- FALSE Robert had an accident and qualified for Social Security...

Xcel 2-15 Florida Life & Health State Exam Simulator Already Passed what is considered to be a characteristic of an immediate annuity benefit payments start within one payment period of purchase 3 MULTIPLE CHOICE OPTIONS which of these characteristics is consistent with a straight life policy premiums are payable for as long as there is insurance coverage in force 3 MULTIPLE CHOICE OPTIONS an insureds inability to perform two or more activities of daily living may trigger which type of life...

CNPR Exam Prep Questions With Answers Pharmaceuticals are arguably the most socially important healthcare product - ANS True Pharmaceuticals is a high risk under-taking, in which many promising leads prove disappointing - ANS True Pharmaceutical sales are highest in which geographical regions? - ANS The US, Western Europe and Japan What has fueled recent growth in the pharmaceutical industry? - ANS Population growth and increased life expectancy The US accounts for about ...

Florida Health and Life Insurance Exam (2023 2-15 Final Exam) Questions With Complete Solutions.

Exam Simulator FL-LH - FL Health and Life and Annuity 100% Pass A non-contributory plan requires _________ participation of all eligible employees 100% A characteristic of preferred provider organizations (PPOS) would be: Discounted fees for the patient Which of the following areas of state regulation is NOT protected by the saving clause in ERISA? Commerce Additional coverage can be added to a whole Life policy by adding a(n): decreasing term rider What benefit does the payor clause on a Ju...

Florida life Insurance Prep Questions And Correct Answers Which of the following is an example of nonforfeiture option? - ANSWER reduced paid-up option All of the following statements about major medical benefits are true, EXCEPT: - ANSWER Benefits have no maximum limit What type of annuity has a cash value that is based upon the performance of it's underlying investment funds? - ANSWER variable An individual participant personally received eligible rollover funds from a profit-s...

Exam Simulator - Florida Life Insurance State Exam Simulator Questions and Answers Rated A+ Post-tax dollar contributions are found in Roth IRA investments N purchases an annuity by making payments in an amount no less than $100 quarterly. This describes which of the following annuities? Flexible installment deferred Q applied for life insurance and submitted the initial premium on January 1. The policy was issued February 1, but it was not delivered by the agent until February 7. Q is dissati...

Florida Life Insurance Test Questions and Answers 100% Pass S buys $100,000 whole life policy in 2003 and pays an annual premium of $100. S dies five years later in 2008 and the insured pays the beneficiary $10,500. What kind of writer did S include on the policy? A Return of permium rider All of these statements about the Waiver of Premium provision are correct EXCEPT Insured must be eligible for Social Security disability for claim to be excepted Which of these provisions require proof of i...

S buys $100,000 whole life policy in 2003 and pays an annual premium of $100. S dies five years later in 2008 and the insured pays the beneficiary $10,500. What kind of writer did S include on the policy? - Answer-A Return of permium rider All of these statements about the Waiver of Premium provision are correct EXCEPT - Answer-Insured must be eligible for Social Security disability for claim to be excepted Which of these provisions require proof of insurability after a policy has lapsed? ...