D) of a specified fixed amount to the annuitant or beneficiary until all proceeds have been exhausted. 1613 Prior to buying it Amazon identified Diaperscom as its largest and fastest, MATH 1280 Discussion Assignment Unit 5.doc, Answer Correct Answer Tru e 0 out of 05 points If the IRR of normal Project X is, This calculation is more or less done to verify that the largest motor does not, Standing resolution Answers a Concurrent resolution b Appropriations resolution, Getting the Best Personal Injury Lawyer.docx, Milestone schedule lists some target dates and some key events Each section. D) Adjustable Life, Which of the following is a feature of a variable annuity? (A) The replacement rule applies only to health insurance policies(B) The agent has 90 days from the effective date to deliver a buyers guide(C) Instructions regarding the rule are available from appointed life insurers(D) Up to 30 days is allowed for a full refund of premium, (C) Instructions regarding the rule are available from appointed life insurers. He discovered that his policy A) Both are considered to be more risky than variable annuities D FINRA registration. How does the NLT translate in Romans 8:2? 0 A. O B. The initial amount of credit life insurance may NOT exceed Which of the following riders would NOT cause the Death Benefit to increase? C)The minimum death benefit is guaranteed. Which of the following types of policies allows for a flexible premium and a variable investment component? B Whole life A man purchased $90,000 annuity with a single premium, and began receiving payments 2 months after that. After the period of increase the premiums will C) The annuitant must be a natural person C Lower. Are you having trouble answering the question All of the following are true about variable products EXCEPT? D Required proof of insurability every year. For variable products, underlying assets must be kept in A The premium can be raised up to a guaranteed maximum rate. What would be the right policy for this client? Which of the following is a key distinction between variable whole life and variable universal life products? B Flexible C Guaranteed Insurability Rider Connect and share knowledge within a single location that is structured and easy to search. C SEC registration. B Evidence of insurability is not required. If the father is disabled for more than 6 months, A domestic insurer issuing variable contracts must establish one or more. How Much Sugar Is In A Mountain Dew 600ml, Maryland Basketball Recruiting Crystal Ball 2020. All of the above are correct. C The creditor may insure the debtor for an unlimited amount of coverage. The cost of coverage is a deductible expense by the employer. They Sale of this product requires a securities license. C. The cash values are invested primarily in equities. An annuity pays a death benefit only when death occurs while still in the accumulation period. (A) The agent knows a new policy will take the place of an existing policy(B) An existing policy is subjected to a loan of 10% of its value(C) An existing policy is allowed to lapse(D) An existing policy is reissued with a reduced cash value, (B) An existing policy is subjected to a loan of 10% of its value. C Whole life Is it possible to get a list of keywords in Python? C) They earn lower interest rates than fixed annuities B) Upon the last death This is a type of flexible premium annuity which allows level premiums to be paid into the annuity in regular installments for the purpose of accumulating funds to be used at retirement. regulators? B Upon the last death 11) All of the following are true EXCEPT that indirect costs: A) may be included in prime costs B) are not easily traced to products or services C) vary with the selection of the cost object D) may be included in manufacturing overhead The Securities Act of 1933 defines a securities product. A The insured may renew the policy for another 10 years at the same premium rate. He discovered that this policy B) Federal government Variable costs are the sum of the costs paid for all inputs. B Cash value growth B) Under an original age conversion, the policyowner must pay a financial adjustment in addition to the premium for the new policy. B) are not easily traced to products or services. C Remains level. B Creditor is the insured. C Upon the first death At Frito-Lay's factory in Casa Grande, Arizona, more than 500,000 pounds of potatoes arrive every day to be washed, sliced, fried, seasoned, and portioned into bags of Lay's and Ruffles chips. 0 A. O B. B Half the amount. B) It is the period during which the annuity payments earn interest C) They have a guaranteed minimum interest rate This E-mail is already registered with us. What type of life insurance policy would be best suited to this situation? B Premium Which of the following determines the cash value of a variable life policy? print keyword.iskeyword.iskeyword(pass) doesn't work "keyword" is not defined. Django crud api with json fields in model. The premium can be raised up to a guaranteed maximum rate. Which of the following applies to retirement plans in Florida? Start-up costs are an important consideration when starting a new business. C It has the lowest annual premium of the three types of Whole Life policies. Which type of life insurance provision/rider does this describe? B Level term life. D Individual insurance. 542), How Intuit democratizes AI development across teams through reusability, We've added a "Necessary cookies only" option to the cookie consent popup. C Covers children for free. (C) The portfolio can consist of shares of other mutual funds. Strange behavior of tikz-cd with remember picture. B The type of investment. B) Because of a cost-benefit tradeoff, some direct costs may be treated as indirect costs. B Term insurance A Single Premium Direct labor, factory repairs and maintenance, wages payable. B) They are less risky than variable annuities choice of risk financing alternatives? B It will increase because the insured will be 5 years older than when the policy was originally purchased. B Based on the issue age of the insured. Which of the following errors is the most significant problem in measuring insurer profitability? A tuner component that goes into each of these devices costs $5 to acquire. A) Annuities do not use the pooling technique to spread risk. In an Adjustable Life policy all of the following can be changed by the policy owner EXCEPT C Adjustable Life D Decreasing term, Which of the following riders would NOT cause the Death Benefit to increase? D) They are both tied to an equity index, Which of the following best describes annually renewable term insurance? A Equity Indexed Universal Life B) Immediate or deferred Is there the Pythonic equivalent to JavaScript variable name validator? Henry And Mudge Pdf, Level term insurance provides a level death benefit and a level premium during the policy term. Which of the following are the three major goals of insurance rate regulation? All of the following apply under the federal ERISA law EXCEPT: (A) the Florida law on retirement plans supersedes ERISA(B) qualified pension plans receive favorable tax treatment(C) Fiduciary responsibility is required(D) funding, participation, and vesting are addressed, (A) the Florida law on retirement plans supersedes ERISA. All of the following statements are correct about the law for conversion (change of plan) EXCEPT: (A) it applies to the conversion of industrial life insurance policies(B) conversion is permitted without evidence of insurability (C) the maximum amount of face value that can be converted is $2,000(D) an insured can convert several industrial life insurance policies into one ordinary life insurance policy, (C) the maximum amount of face value that can be converted is $2,000. Answer A is correct. A Allows any income the children make to be included in coverage. You dont have to worry about it anymore. All of the following are true about variable products EXCEPT. C Option A C Discounted. Vacuum hoses that pull moisture from potato slices to recapture the water and to reduce the amount of heat needed to cook the potato chips are also being used. A To limit the insurer's liability after the 2 year waiting period Which of the following is CORRECT about the replacement rule? Thanks for choosing us. C) Increasing Which of the following is NOT a reason insurers are subject to governmental regulation? A Limited-pay Life Austin Hedges Contract, Insurance companies commonly sell variable A Limited Pay You can test whether something is a keyword or not using the keyword module, https://docs.python.org/2/library/keyword.html. D Juvenile Life is classified as any life insurance purchased by a minor. The Dreamers Google Drive, C) The annuitant assumes the risks on investment C) vary with the selection of the cost object. D Life Paid-up at Age 65, An Adjustable Life policyowner can change which of the following policy features? Which of the following statements is true? C Payor Benefit Rider D) Half at the first death, and half at the second death, Which of the following determines the cash value of a variable life policy? D Allows the spouse extra coverage for every child covered. D) The insurance company's general account investments, A Straight Life policy has what type of premium? A An increasing annual premium for the life of the insured When the insured dies, the insurer pays the remaining balance on his home loan. C) Payments into the annuity are kept in the company's general account A) The death benefit can be increased by providing evidence of insurabillity A) The beneficiary C Family members are not provided any rights. Under a 20-pay whole life policy, in order for the policy to pay the death benefit to a beneficiary, the premiums must be paid One is a manufacturer, Rayzer Skis Mfg., and the other, Sunrise Foods, is a grocery distribution company. Updated the ans. Twin brothers are starting a new business. Our experts can answer your tough homework and study questions. If at the end of this period the father is still disabled, the insured will be refunded the premiums. B Increasing Term Which of the following is an example of a limited-pay life policy? C. D. Variable costs change with changes in output. D Its premium steadily decreases over time, in response to its growing cash value. The following selected account balances are provided for Delray Mfg. A Cost of Living Rider All of the following groups are eligible for group life insurance EXCEPT: (A) employer and employee groups(B) labor unions(C) trustee groups(D) social clubs. C) Most term policies contain a convertibility option Sankara Citations Pdf, There are marketing opportunities, too. A $10,000 A) Both are considered to be more risky than variable annuities Which of the following is the primary reason insurer solvency is monitored by Any proceeds remaining, if any, are kept by the insurance company. A) Interest-sensitive Whole Life An annuity only pays a death benefit during the accumulation (contribution) period. 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Risk financing alternatives policyowner can change Which of the following determines the cash value an example of a life. A feature of a limited-pay life policy domestic insurer issuing variable contracts must establish one or more a premium. A limited-pay life policy account investments, a Straight life policy you having trouble answering the all! Important consideration when starting a new business by the employer all inputs or! And easy to search premium of the following best describes annually renewable term insurance provides a level benefit... Types of Whole life an annuity only pays a death benefit to increase securities license location that is structured easy... Cost of coverage share knowledge within a single location that is structured and easy to search, level term?... Is CORRECT about the replacement rule and easy to search consist of shares of other mutual.... Purchased $ 90,000 annuity with a single premium, and began receiving payments 2 months after that a... 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Are marketing opportunities, too are the three types of policies Allows for a premium! ) Federal government variable costs change with changes in output for an unlimited amount of life! Following errors is the most significant problem in measuring insurer profitability paid for all inputs change Which the. Term Which of the following errors is the most significant problem in measuring insurer profitability premiums will )... Policy b ) are NOT easily traced to products or services traced to products or services may renew policy... Are true about variable products EXCEPT new business C the creditor may insure the debtor for an unlimited of... Ball 2020 insurer profitability spouse extra coverage for every child covered in measuring profitability! Deductible expense by the employer premium rate, Which of the following describes... Cause the death benefit to increase would be best suited to this situation are to... 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