In what circumstance would a property insurance claim be rejected a) The insurance company finds that a homeowner intentionally caused damage. b) The property damage is caused by a natural disaster, such as a flood. c) The insurance company changes its policies after property damage occurs. d) The property damage is extensive and requires ..
Group life insurance policies are generally written as a) Monthly Renewable Term b) Quaterly Renewable Term c) Annually Renewable Term d) All of..
To sell variable life insurance policies a) FINRA registration. b) A securities license. c) A life insurance license. d) SEC reg..
When must insurable interest exist in a life insurance policy a) It must continue for the life of the policy. b) It must exist when a claim is submitted. c) Insurable interest must exist only at the time the applicant enters into a life insurance contract. d) If no insurable interest exists when a policyowner ..
All of the following are personal uses of life insurance except a) Cash accumulation. b) Buy-sell agreement. c) Survivor protection. d) Estat..
All of the following are considered appropriate uses of life insurance for business purposes except a) Attracting quality employees by offering a group life plan b) Funding an entity buy-sell agreement c) Protecting the business by covering key employees with life insurance d) Protecting the business by covering entry level employees with life..
Which type of life insurance policy generates immediate cash value A. Single premium B. Level Term C. Decreasing Term D. Continuo..
All of the following are characteristics of a group life insurance plan except A. Group underwriting B. Master contract C. Individual underwriting D. Probation..
Which type of financial institution typically has membership requirements? a) credit union b) online commercial bank c) commercial bank d) federal re..
Business Correspondent means a) An agent who provides banking services b) An agent of business house c) A type of money lender d) Non..