GA Life and health Exam Questions and Answers 100% Pass

GA Life and health Exam Questions and Answers 100% Pass the existing policy is kept in force and an additional policy is purchased from the same company - Correct Answer ️️ -Georgia's Replacement Rule applies to all of the following situations EXCEPT Waiver of premium - Correct Answer ️️ -A life insurance policy which ensures that the premium will be paid if the insured becomes disabled has what kind of rider attached? Premiums are Waived if the Payor becomes Disabled - Correct Answer ️️ -What benefit does the Payor clause on a Juvenile Life policy provide? Payments are made to the Annuitant for Life - Correct Answer ️️ -Which of these statements concerning an Individual Straight Life annuity is accurate? must have a Terminal Illness to Qualify - Correct Answer ️️ -Which of the following statements is CORRECT about accelerated death benefits? Insuring - Correct Answer ️️ -Which health policy clause specifies the amount of benefits to be paid? Part A covers hospitalization; Part B covers doctor's services - Correct Answer ️️ - What does Medicare Parts A and B cover? @ Time of Application - Correct Answer ️️ -When must insurable interest be present in order for a life insurance policy to be valid? Level Term - Correct Answer ️️ -D needs life insurance that provides coverage for only a limited amount of time while also paying the lowest possible premium. What kind of policy is needed? Deducted when the Policy is Discontinued - Correct Answer ️️ -How are surrender charges deducted in a life policy with a rear-end loaded provision? Assign Policy Ownership to the Bank - Correct Answer ️️ -What acti