MARYLAND STATE EXAM LIFE INSURANCE LICENSE 2024 WITH 100% CORRECT ANSWERS

Declarations - correct answer In what part of an insurance policy or policy benefits found? Twisting - correct answer The act of using misrepresentation to induce an insured person to terminate an existing policy and purchase a new policy is referred to as Shirley has $500,000 10-year-old son nonrenewable level term life policy. If she dies 15 years after the policy inception date, how will her beneficiary receive? - correct answer Nothing Which of these factors would and ensure consider when determining whether to except a group life plan - correct answer Average age Which type of life insurance is normally associated with a paler benefit rider - correct answer Juvenile insurance Which of the following is not considered advertising? - correct answer Oh rating from A rating service company such as a.m. best During the accumulation. Who can surrender an annuity - correct answer Policy owner Fixed period Settlement options are considered to be a form of a - correct answer Annuity Which of the following is not information found in a life insurance buyers guide - correct answer How to take legal action against a insurance company