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a group contract is between who? - Answer- the insurer and the employer what is a keogh plan? - Answer- a retirement plan for those who are self employed what is a illustration? - Answer- a presentation or depiction that includes non guaranteed elements of a policy of life insurance over a period of years in a life insurance policy illustration "non-guaranteed elements" means what? - Answer- the premiums, benefits, values, credits or charges under a policy of life insurance that are n...

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Life Only Agent Exam 1 | 75 Questions with 100% Correct Answers | Latest Update | Verified AN example of a moral hazard in relation to a life insurance application would be: - Misstating your health history to an insurance company. John applies for a variable annuity and does not request that the premiums be immediately invested in a stock or bond portfolio. After the annuity is issued, John returns the annuity contract to the insurer within the free look period. What will John receive fr...

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