California Life, Accident, and Health Insurance

FInal Exam California Life, Accident, and Health Insurance

Final Exam: California Life, Accident, and Health Insurance 2024 What is considered the most common type of specified disease insurance policy? - Answer️️ - Cancer Minimum participation standards exist for a group health insurance plans in order to - Answer️️ -Prevent Adverse Selection How does underwriting differ between group life and individual life insurance? - Answer️️ - Medical questions must be answered on individual life insurance when handling premiums for an insured...

California Life, Accident, and Health Insurance Final Exam Questions and Answers Already Passed What distinguishes a deferred annuity from an immediate annuity? - Answer ️️ -The time at which benefit payments start Cindy buys a 10-year certain annuity with an installment refund. After receiving monthly payments for 5 years, Cindy dies. How many remaining payments will the insurer make to her beneficiary? - Answer ️️ -60 payments What is a common reason people purchase an annuity?...

FInal Exam: California Life, Accident, and Health Insurance | Latest 2024/25

Final Exam: California Life, Accident, and Health Insurance | Latest 2024/25 | Updated 2024/25

What distinguishes a deferred annuity from an immediate annuity? - Answer The time at which benefit payments start Cindy buys a 10-year certain annuity with an installment refund. After receiving monthly payments for 5 years, Cindy dies. How many remaining payments will the insurer make to her beneficiary? - Answer 60 payments What is a common reason people purchase an annuity? - Answer To protect against the risk of outliving their financial resources What kind of annuity pays in...

The systematic liquidation of a sum of money is provided by a(n) - Answer annuity An annuitant would like to determine the current value of her annuity. To do this, she multiplies the number of "accumulation units" she owns times the unit value of the "separate account". What kind of annuity BEST matches this description? - Answer Variable annuity What kind of annuity pays income to two annuitants until their deaths? - Answer Joint and survivor annuity What distinguishes a def...

California Life, Accident, And Health Insurance Exam With 100% Correct Answers 2023

What is considered the most common type of specified disease insurance policy? - Answer Cancer Minimum participation standards exist for a group health insurance plans in order to - Answer Prevent Adverse Selection How does underwriting differ between group life and individual life insurance? - Answer Medical questions must be answered on individual life insurance when handling premiums for an insured an agent is acting in which capacity? - Answer Fiduciary what is the term u...

XCEL SOLUTIONS FINAL EXAM CALIFORNIA LIFE, ACCIDENT, AND HEALTH INSURANCE LIFE AND HEALTH INSURANCE LICENSE EXAM CRAM PAPERBACK BY QUE CORPORATION