Where preparation meets precision

ARIZONA LIFE AND HEALTH INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS When the disclosure of an insured's nonpublic information is involved, what is the insurer obligated to do? - correct answer Give notice, explain, and allow opting out Under the Telemarketing Sales Rule, telemarketing calls may NOT be received after - correct answer 9:00 PM A health plan offered by private insurance companies is - correct answer Medicare Supplement Chris has a single major medical contract which c...

ARKANSAS LIFE INSURANCE EXAM 2024 J is a producer who has induced an insured through misrepresentation to surrender an existing insurance policy. What is J guilty of? - correct answer Twisting What is implied authority defined as? - correct answer Authority that is not specifically given to an agent contract, but that an agent can reasonably assume to carry out his/her duties A person who is a nonsmoker, average weight, excellent health would fall into what risk classification? - corr...

ARKANSAS LIFE INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS A life insurance premium is paid each month. The insurer then subtracts a mortality and expense charge from the policy's cash value. This best describes which of the following life insurance policies? A. Whole Life B. Variable Whole Life C. Universal Life D. Adjustable Whole Life - correct answer C. Universal Life What is the name of a single policy covering two or more lives that pays benefits upon the death of the first i...

ARKANSAS STATE LIFE INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS Rob has a benefit at work which enables him to defer his current receipt of income and have it paid at a later date, when he will probably be in a lower tax bracket. Which benefit fits this description? - correct answer Income deferral option Who were Keogh plans designed to provide pension benefits for? - correct answer the self-employed What correctly describes a certificate of authority? - correct answer Permits an ins...

CA LIFE INSURANCE PRACTICE EXAM 2024 WITH 100% CORRECT ANSWERS A key person is typically all of the following, except: - correct answer -Not directly involved in sales, production, or service Key persons are employees whose contributions have a significant impact on the revenue and profitability of the company, especially in small businesses. They are typically: part of the management team, more highly paid, respected by customers, creditors, suppliers, and vendors, and have direct respo...

CA LIFE AND HEALTH EXAM 2024 WITH 100% CORRECT ANSWERS What is insurance? - correct answer Insurance is the legal contract where two parties agree that if something will happen, a value will be exchanged. What's the difference between pure risk and speculative risk? - correct answer Pure risk is when you'll lose it all or there will be no change. Speculative risk you can either win or lose. What is peril? - correct answer peril is the causes of loss insured against in an insurance p...

Which of the following organs transports semen through the penis? - correct answer urethra Which of the following describes the location of the heart relative to the lungs? - correct answer anterior The rectum is a part of which of the following organs? - correct answer large intestine Which of the following types of variables is changed in a scientific experiment? - correct answer independent variable Which of the following type of reactions is shown below? CaCl2 + 2NaOH → Ca(OH)...

One of your customers has just said to you, "This service here is horrible." You should say: - correct answer "What is it about the service that you have not liked?" A customer came to your department with an urgent question. You promised here that you would collect information about her question and answer it by noon. It will take you at least 20 minutes to gather the information needed to provide an answer. It is now 11:50 a.m. Your supervisor just scheduled a 30-minute meeting to...

Your new team is working hard, but they're all less experienced than you and don't complete their tasks as quickly. - correct answer Most: Reach out to your manager to discuss the situation. Try to find the best way to help the new associates. Least: Give your coworkers more time to figure out how to do the tasks. They probably just need more practice with what they've already learned. Your newest coworker is not as productive as other members of your team. You and your coworkers have to ...

You are working to finish an assigned task in order to meet your shift goal when a coworker urgently asks you for help with something you know a lot about. What would you be most and least likely to do? - correct answer Most - Stop working on your task and help your coworker. Least - Explain to your coworker that you can help because you have to finish what you've working on to meet your shift goal. A customer member tries to use a coupon that is only good for full-priced items to purcha...