NEW JERSEY LIFE AND HEALTH INSURANCE
QUESTIONS WITH SOLUTIONS 100% VERIFIED.
Which type of long-term care benefit would be
most appropriate for a stroke victim who requires
speech therapy administered at her home? - ANS
>>>Home health care
Which of the following is NOT a federal
requirement of a qualified plan? - ANS
>>>Employee must be able to make unlimited
contributions
Why are dividends from a mutual insurer not
subject to taxation? - ANS >>>Because dividends
are considered to be a return of premium
,The treasurer of XYZ Insurance Company discovers
that the treasurer's company is being investigated
by the Banking and Insurance Commissioner... -
ANS >>>Making false financial statements
Which type of rider will waive the premium on a
child's life insurance policy if the parent paying
the premium dies? - ANS >>>Payor benefit
Which of these premium payment frequencies is
not typically available to a policy owner? - ANS
>>>Bi-weekly
,Maria the agent would like to advertise an
annuity product on a highway billboard. Which of
the following must be included in the
advertisement? - ANS >>>Her name
Which disability policy provision would address
any concerns of the value of the benefits
decreasing over time? - ANS >>>Cost of living
benefit
Which of these is NOT a characteristic of the
Accelerated Death Benefit option? - ANS >>>The
benefit can be offered as a rider at a specific extra
cost or may be at no cost
All of the following are included as part of a
contract in the entire contract provision EXCEPT
the - ANS >>>Changes made by the producer
The power given to an individual producer that is
not specifically addressed in his/her contract is
, considered what type of authority? - ANS
>>>Implied
Pat is insured with a life insurance policy and
Karen is his primary beneficiary. They are both
involved in an automobile accident where Pat dies
instantly and Karen dies 5 days later... - ANS
>>>Common disaster clause
Key Person Disability Insurance pays benefits to
the - ANS >>>Employer
Under a disability income policy, which provision
would be payable if the cause of an injury is
unexpected and accidental? - ANS >>>Accidental
bodily injury provision
QUESTIONS WITH SOLUTIONS 100% VERIFIED.
Which type of long-term care benefit would be
most appropriate for a stroke victim who requires
speech therapy administered at her home? - ANS
>>>Home health care
Which of the following is NOT a federal
requirement of a qualified plan? - ANS
>>>Employee must be able to make unlimited
contributions
Why are dividends from a mutual insurer not
subject to taxation? - ANS >>>Because dividends
are considered to be a return of premium
,The treasurer of XYZ Insurance Company discovers
that the treasurer's company is being investigated
by the Banking and Insurance Commissioner... -
ANS >>>Making false financial statements
Which type of rider will waive the premium on a
child's life insurance policy if the parent paying
the premium dies? - ANS >>>Payor benefit
Which of these premium payment frequencies is
not typically available to a policy owner? - ANS
>>>Bi-weekly
,Maria the agent would like to advertise an
annuity product on a highway billboard. Which of
the following must be included in the
advertisement? - ANS >>>Her name
Which disability policy provision would address
any concerns of the value of the benefits
decreasing over time? - ANS >>>Cost of living
benefit
Which of these is NOT a characteristic of the
Accelerated Death Benefit option? - ANS >>>The
benefit can be offered as a rider at a specific extra
cost or may be at no cost
All of the following are included as part of a
contract in the entire contract provision EXCEPT
the - ANS >>>Changes made by the producer
The power given to an individual producer that is
not specifically addressed in his/her contract is
, considered what type of authority? - ANS
>>>Implied
Pat is insured with a life insurance policy and
Karen is his primary beneficiary. They are both
involved in an automobile accident where Pat dies
instantly and Karen dies 5 days later... - ANS
>>>Common disaster clause
Key Person Disability Insurance pays benefits to
the - ANS >>>Employer
Under a disability income policy, which provision
would be payable if the cause of an injury is
unexpected and accidental? - ANS >>>Accidental
bodily injury provision
