Life insurance policies Study guides, Class notes & Summaries
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![ISR3702 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (675553) - DUE 24 April 2024](/docpics/4977992/66181f615372f_4977992_121_171.jpeg)
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ISR3702 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (675553) - DUE 24 April 2024
- Exam (elaborations) • 13 pages • 2024
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ISR3702 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (675553) - DUE 24 April 2024 100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9......... Question 1 (50 marks) 
Bantu Life Insurance Company received the following life insurance proposal from Chief Mlaudzi, who indicated that, because he lacked the necessary knowledge about life policies, the underwriter should select an appropriate policy for each person: 
1.1 Indicate an appropriate l...
![ISR3702 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 (392770) - DUE 15 April 2024](/docpics/4994233/661a9242b5f0f_4994233_121_171.jpeg)
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ISR3702 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 (392770) - DUE 15 April 2024
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ISR3702 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 (392770) - DUE 15 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9......... Mlindwa’s spouse, Fezi, successfully challenged Mlindwa’s testamentary will. The court deemed the will void and set it aside. There was no sale of assets from Mlindwa’s deceased estate. The deceased estate had the following liabilities, which Nongxa had to pay when winding up this estate: 
 ...
![Florida 240 License exam questions with verified correct answers](/docpics/3437851/65036563cfda5_3437851_121_171.jpeg)
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Florida 240 License exam questions with verified correct answers
- Exam (elaborations) • 38 pages • 2023
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The stated amount or percent of liquid assets that an insurer must have on hand that will satisfy future obligations to its policyholders is called: 
Reserves 
 
 
 
An insurance applicant MUST be informed of an investigation regarding his/her reputation and character according to the: 
Fair Credit Reporting Act 
 
 
 
A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: 
A fraternal benefit society 
 
 
 
What I the name...
![FLORIDA 2-15 INSURANCE LICENSE EXAM ACTUAL UPDATE WITH LATEST ONLINE WRITTEN EXAM QUESTIONS AND ANSWERS](/docpics/6419d53ee5eb2_2497835.jpg)
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FLORIDA 2-15 INSURANCE LICENSE EXAM ACTUAL UPDATE WITH LATEST ONLINE WRITTEN EXAM QUESTIONS AND ANSWERS
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FLORIDA 2-15 INSURANCE LICENSE EXAM ACTUAL UPDATE WITH LATEST ONLINE WRITTEN EXAM QUESTIONS AND ANSWERS 
 
Accumulation units are converted into annuity units: 
 
A group life insurance plan in which the employer pays the entire premium is known as a ________________ plan. 
 
If a disabled worker covered under Social Security disability benefits recovers and then is disabled again within five years, a new waiting period is required before benefits begin again. 
 
Robert had an accident and qua...
![Primerica Life Insurance Exam: 2023/ 2024 New Update (Questions and 100% Verified Answers)](/docpics/3108295/64bafc2a8f449_3108295_121_171.jpeg)
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Primerica Life Insurance Exam: 2023/ 2024 New Update (Questions and 100% Verified Answers)
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Primerica Life Insurance Exam: 2023/ 2024 
New Update (Questions and 100% Verified 
Answers) 
1. A married couple owns a permanent policy which covers both of their lives and pays the 
benefit only upon the death of the first insured. Which policy is that? 
A. Survivorship Life Policy 
B. Second-to-Die 
C. Family income policy 
D. Joint life policy 
 Answer: D. Joint life policy 
 
 
 
 
 
2. An annuity owner is funding an annuity that will supplement her retirement. Because she 
does not...
![PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023](/docpics/63e4d50d41065_2353097.jpg)
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PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023
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PRIMERICA LIFE INSURANCE EXAM 
WITH 100% CORRECT ANSWERS 2023 
An insured purchased an insurance policy 5 years ago. Last year, she received a 
dividend check from the insurance company that was not taxable. This year, she did not 
receive a check from the insurer. From what type of insurer did the insured purchase 
the policy? 
a. mutual 
b. reciprocal 
c. nonprofit service organization 
d. stock - Correct answer-A. mutual 
funds not paid out after paying claims and other operating costs are re...
![NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55 actual exam](/docpics/4209214/65a16916d2cb6_4209214_121_171.jpeg)
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NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55 actual exam
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NY Life, Accident, and Health Insurance 
Agent/Broker Exam Series 17-55 actual 
exam 
Process 2103 (d-i) - CORRECT ANSWER-1. The Superintendent may issue a license 
to any person, firm or corporation who has complied with the requirements of the 
Insurance Code, authorizing the licensee to act as agent of any authorized insurer. 
Every individual applicant for a license under this section and every proposed sublicensee must be 18 years of age or older at the time of issuance of such licens...
![Missouri Life and Health Exam questions with correct answers](/docpics/2717576/6459b301e2353_2717576_121_171.jpeg)
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Missouri Life and Health Exam questions with correct answers
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In a Life insurance contract, an insurance company's promise to pay stated benefits is called the: 
a) insuring clause 
b) consideration clause 
c) entire contract 
d) owner's rights ans insuring clause 
 
under which circumstance MUST a health insurer have an expedited grievance review procedure? ans when the enrollee's life or health is jeapordized 
 
The Consideration clause in a life insurance contract contains what pertinent information? ans amount of premium payments ...
![ISR3702 Assignment 2 (QUALITY ANSWERS) Semester 1 2024](/docpics/4978246/661826dcab6f9_4978246_121_171.jpeg)
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ISR3702 Assignment 2 (QUALITY ANSWERS) Semester 1 2024
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This document contains workings, explanations and solutions to the ISR3702 Assignment 2 (QUALITY ANSWERS) Semester 1 2024. For assistance call or us on 0.6.8..8.1.2..0.9.3.4..... Question 1 (50 marks) 
Bantu Life Insurance Company received the following life insurance proposal from Chief Mlaudzi, who indicated that, because he lacked the necessary knowledge about life policies, the underwriter should select an appropriate policy for each person: 
1.1 Indicate an appropriate life policy or polici...
![Missouri Life and Health Exam Questions and Answers 100% Pass](/docpics/2908648/648c27af24e09_2908648_121_171.jpeg)
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Missouri Life and Health Exam Questions and Answers 100% Pass
- Exam (elaborations) • 80 pages • 2023
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Missouri Life and Health Exam Questions and Answers 100% Pass 
In a Life insurance contract, an insurance company's promise to pay stated benefits is called the: 
a) insuring clause 
b) consideration clause 
c) entire contract d) owner's rights insuring clause 
under which circumstance MUST a health insurer have an expedited grievance review procedure? when the enrollee's life or health is jeapordized 
The Consideration clause in a life insurance contract contains what pertinent information? ...
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