NJ Life Producer Exam Test Questions With Revised 100% Correct Answers | Already Passed | Latest Update

NJ Life Producer Exam Test Questions With Revised 100% Correct Answers | Already Passed | Latest Update Which of the following amounts must decrease in a decreasing term? - ANSWER : Death benefit In life insurance, insurable interest must exist at the time the.. - ANSWER : Producer writes an on a proposed insured An applicant makes an offer to the insurer when they - ANSWER : pay an initial premium with the application Which of the following makes Universal Life insurance different from other forms of permanent insurance? - ANSWER : Premium Schedule An insurer that shares its profits with its' policyowners is known as.. - ANSWER : A mutual insurer Statements made by an applicant for insurance on the application are considered to be.. - ANSWER : Representations In which of the following are proceeds left with the insurer and earnings sent to the beneficiary? - ANSWER : Interest-Only