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hegmustgshowghergOhioglicensegisginggoodgstanding.
✓ ShegmustgshowghergOhioglicensegisginggoodgstanding
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✓ ThankgYougforgChoosinggUs! ✓ Resourcesg&gUpdates:g[Testtrackersg-
✓ ©g2024gTestTrackers gStuviagUS]
✓ Customerg Support:g [+254707240657] ✓ Yourg Successgisg Ourg Mission!
, TestTrackers:g Unlockg Yourg Examg Potential!g |g Qualityg Practiceg Materialsg |g Boostg Yourg Confidenceg Today!
Thegrequirementgthatganginsurableginterestgmustgexistgwhenglifeginsurancegisgpurchasedgisg inte
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✓ usingglifeginsurancegasgagspeculativeginterestgonganothergperson'sglife
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hgonegofgthegfollowinggbenefitsgisgalsogmostglikelygguaranteedgwithgthisgpolicy?
|
✓ ThankgYougforgChoosinggUs! ✓ Resourcesg&gUpdates:g[Testtrackersg-
✓ ©g2024gTestTrackers gStuviagUS]
✓ Customerg Support:g [+254707240657] ✓ Yourg Successgisg Ourg Mission!
, TestTrackers:g Unlockg Yourg Examg Potential!g |g Qualityg Practiceg Materialsg |g Boostg Yourg Confidenceg Today!
thegpolicy'sgcashgvalue
hergabilitygtogborrowganginterest-
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ployee.
|
✓ ThankgYougforgChoosinggUs! ✓ Resourcesg&gUpdates:g[Testtrackersg-
✓ ©g2024gTestTrackers gStuviagUS]
✓ Customerg Support:g [+254707240657] ✓ Yourg Successgisg Ourg Mission!
, TestTrackers:g Unlockg Yourg Examg Potential!g |g Qualityg Practiceg Materialsg |g Boostg Yourg Confidenceg Today!
Upongtheginsuredgemployee'sgdeath,gthegemployee'sgsurvivinggfamilygreceivesgthegpolicy'sgde
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ured.
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gence
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Howg isg increasingg termg lifeg insuranceg normallyg sold?
asgangendorsement
asgagpermanentginsurancegpolicy
asgagstand-alonegtermglifeginsurancegpolicy
|
✓ ThankgYougforgChoosinggUs! ✓ Resourcesg&gUpdates:g[Testtrackersg-
✓ ©g2024gTestTrackers gStuviagUS]
✓ Customerg Support:g [+254707240657] ✓ Yourg Successgisg Ourg Mission!
Webce Insurance test Questions and Corr
g g g g g
ect Answers the Latest Update and Reco
g g g g g g
mmended Version g
AgentgThompsongreceivedgaglettergfromgthegDepartmentgofgInsurancegaskingghergtogprovideg
proofgofgcompletinggthegcontinuinggeducationgrequirements.gWithinghowgmanygdaysgmustgAge
ntgThompsongrespondgtogthegDepartment'sginquiry?
20
30
10
45
✓ 10gdays
AbbyglivesgingOhio,gwheregshegisglicensedgasganginsurancegproducer.gShegwantsgtogapplygforgagnonr
esidentglicensegingPennsylvania.gWhichgofgthegfollowinggconditionsgmustgshegsatisfy?
ShegmustgmovegtogPennsylvania.
ShegmustgsurrenderghergOhioglicense.
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hegmustgshowghergOhioglicensegisginggoodgstanding.
✓ ShegmustgshowghergOhioglicensegisginggoodgstanding
|
✓ ThankgYougforgChoosinggUs! ✓ Resourcesg&gUpdates:g[Testtrackersg-
✓ ©g2024gTestTrackers gStuviagUS]
✓ Customerg Support:g [+254707240657] ✓ Yourg Successgisg Ourg Mission!
, TestTrackers:g Unlockg Yourg Examg Potential!g |g Qualityg Practiceg Materialsg |g Boostg Yourg Confidenceg Today!
Thegrequirementgthatganginsurableginterestgmustgexistgwhenglifeginsurancegisgpurchasedgisg inte
ndedgtogpreventgpeoplegfromgdoinggwhichgofgthegfollowing?
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usingglifeginsurancegasgagspeculativeginvestmentgonganothergperson's
g life
overusingglifeginsurance
designatinggangineligiblegpersongasgthegpolicygbeneficiary
✓ usingglifeginsurancegasgagspeculativeginterestgonganothergperson'sglife
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tghomegtogcollectgthem?
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alglifeginsurancegordinarygter
mginsurancegordinarygwholegli
feginsurance
✓ industrialglifeginsurance
Sylvia'sginsurergguaranteesgagfixedgdeathgbenefitgforgthegpolicygshegowns.gBasedgongthis,gwhic
hgonegofgthegfollowinggbenefitsgisgalsogmostglikelygguaranteedgwithgthisgpolicy?
|
✓ ThankgYougforgChoosinggUs! ✓ Resourcesg&gUpdates:g[Testtrackersg-
✓ ©g2024gTestTrackers gStuviagUS]
✓ Customerg Support:g [+254707240657] ✓ Yourg Successgisg Ourg Mission!
, TestTrackers:g Unlockg Yourg Examg Potential!g |g Qualityg Practiceg Materialsg |g Boostg Yourg Confidenceg Today!
thegpolicy'sgcashgvalue
hergabilitygtogborrowganginterest-
freegloangfromgthegcashgvaluegpolicygdividends
paymentgofgpremiumsgongSylvia'sgbehalfgingthegeventgofgemergencies
✓ thegpolicy'sgcashgvalue
Carlgisgagpolicyownergwhogprefersgtogpaygpremiumsgmonthlygrathergthangannually.gHowgwillgC
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heginsurergsimplygdividesgthegannualgpremiumgbyg12.
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ctgthegfactgthatgpremiumsgwillgbegpaidgthroughoutgthegyear.
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Thegbusinessgappliesgfor,gowns,gandgisgthegbeneficiarygofgthegpolicygcoveringgtheglifegofgagkeygem
ployee.
|
✓ ThankgYougforgChoosinggUs! ✓ Resourcesg&gUpdates:g[Testtrackersg-
✓ ©g2024gTestTrackers gStuviagUS]
✓ Customerg Support:g [+254707240657] ✓ Yourg Successgisg Ourg Mission!
, TestTrackers:g Unlockg Yourg Examg Potential!g |g Qualityg Practiceg Materialsg |g Boostg Yourg Confidenceg Today!
Upongtheginsuredgemployee'sgdeath,gthegemployee'sgsurvivinggfamilygreceivesgthegpolicy'sgde
athgbenefit.
Keygperson,gorgkeygemployee,glifeginsurancegisgangexamplegofgthird-partygownership.
Lifeginsurancegusedgasgkeygpersonglifegisgnormallygownedgbygthegbusinessgrathergthangthegins
ured.
✓ XXXgUpongtheginsuredgemployee'sgdeath,gthegemployee'sgsurvivinggfamilygreceivesgth
egpolicygbenefitgXXX
Thegactivitiesgagproducergperformsgtogsupportgtheginsurancegcompanyginglearninggallgitgcangab
outgthegapplicantgwhengseekinggapplicationsgforginsurancegareggenerallygcalled:
fieldgunderwritinggfid
uciarygprocessgagenc
ygdevelopmentgduegdili
gence
✓ fieldgunderwriting
Howg isg increasingg termg lifeg insuranceg normallyg sold?
asgangendorsement
asgagpermanentginsurancegpolicy
asgagstand-alonegtermglifeginsurancegpolicy
|
✓ ThankgYougforgChoosinggUs! ✓ Resourcesg&gUpdates:g[Testtrackersg-
✓ ©g2024gTestTrackers gStuviagUS]
✓ Customerg Support:g [+254707240657] ✓ Yourg Successgisg Ourg Mission!