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Exam (elaborations)

HLLQP Provincial final questions with correct answers

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taxable gains formula on a participating formula? Answer (ACB - Dividend - NCPI) - CSV what is a CDA? Answer capital dividend account, side account for funds what is a PUA? Answer paid up addition, ability to add temp insurance adding a feature or increasing death benefit what is GIB? Answer guaranteed insurability benefit, allows for the purchase of additional life insurance with no medical evidence. difference between riders and supplemental benefits? Answer ridders- increase death benefit supplementary benefit- benefit is paid prior to death. 3 remedies to a lost tax exempt status? Answer increase face value withdraw premium CDA- side account 3 types of buisness life insurance? Answer 1) sole proprietor 2) partnership 3) corporation 5 dividend payment options/ premium

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HLLQP
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HLLQP

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Uploaded on
August 17, 2023
Number of pages
9
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

R241,78
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