Which of the following is a requirement of a participating life insurance policy? A Producer The initial amount of credit life insurance may NOT exceed An insured has a life insurance policy that requires him to only pay premiums for a specified number of years until the policy is paid up. B Interest-sensitive Whole Life. B) It is the period during which the annuity payments earns interest Privacy Policy. B Creditor requiring that a debtor has a life insurance Which of the following is true? The cost of coverage is a deductible expense by the employer. C Adjustable Life A Increasing 11) All of the following statements about variable costs are true EXCEPT 11) A) they are constant as output increases. Gradually increases each year by the amount that the cash value increases. A The borrower's annual income. Multiple Choice Quiz. Book about a good dark lord, think "not Sauron". B) It has a guaranteed minimum interest rate C It insures the life of a debtor. C. The cash values are invested primarily in equities. The type of policy that can be changed from one that does not accumulate cash value to the one that does is a Which of the following policies would be classified as a traditional level premium contract? A As high. A Policy period A continuous random variable takes on all the values in some interval of numbers. B) Under an original age conversion, the policyowner must pay a financial adjustment in addition to the premium for the new policy. c) Variables can be described but not measured. C $50,000 The creditor can only insure the debtor for the amount owed. B Payor Benefit Rider (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. B Required a premium increase each renewal. In science, a variable is any factor, trait, or condition that can exist in differing amounts or types. Flexibility of practice when applied to managerial accounting means that: Q5. B Variable Universal Life In keeping with growing environmental concerns, Frito-Lay has initiated ambitious plans to produce environmentally friendly snacks. 0 A. O B. Which of the following applies to retirement plans in Florida? Vat Suspense Account, A Accidental Death and Dismemberment C The payable premium amount steadily declines throughout the duration of the contract. Which of the following has the right to convert the existing term coverage to permanent insurance? B) It is also referred to a as the accumulation period D $200,000. C It provides an annually increasing death benefit. d) Variables take on different values across participants. C The premium is level throughout the life of the policy. A) A decreasing annual premium for the life of the insured A) Neither the premium nor the death benefit is affected by the insured's age All of the following statements about life insurance benefits are correct EXCEPT: (A) benefits designated for a named beneficiary are protected from the insureds creditors(B) benefits payable to the insureds estate are protected from the insureds creditors(C) the cash surrender value of a life insurance policy is subject to garnishment if the policy was taken out for the creditors benefit(D) benefits designated for a named beneficiary are protected from the beneficiarys creditors, (B) benefits payable to the insureds estate are protected from the insureds creditors. The annuity premium is invested in securities. A Return of Premium term life policy is written as what type of term coverage? D Adjustable death benefit. What kind of policy is it? Markets are product groupings. B After 20 payments This module allows a Python program to determine if a string is a C Increasing term life Underwriter 1 Python's compiler is your "variable name validator" - as you just found out. C Convertible Term Policy. A man purchased $90,000 annuity with a single premium, and began receiving payments 2 months after that. Which of the following are advantages of allowing qualified producers to handle certain D The death benefit is $0 at the end of the policy term. C Group insurance B Increases for the first few years of the policy, and then levels off. A Modified Endowment Contract (MEC). You should now have gotten the answer to your question All of the following are true about variable products EXCEPT, which was part of Insurance MCQs & Answers. B The Guaranty Association. D Variable universal life is regulated solely through FINRA. A) Interest-sensitive Whole Life D Creditor requiring that a debtor buys insurance from a certain insurer, Creditor requiring that a debtor buys insurance from a certain insurer, Which policy component decreases in decreasing term insurance? B Accidental death (A) Conversion rule(B) Disclosure rule(C) Replacement rule(D) Reinstatement rule. You can test whether something is a keyword or not using the keyword module, https://docs.python.org/2/library/keyword.html. B) Straight Life Buddha Twitch Age, A Universal life A Borrower D Juvenile Life is classified as any life insurance purchased by a minor. A The coverage period B. direct labor. The payout is not guaranteed to be a fixed number of dollars. Variable costs are the sum of the costs paid for all variable inputs. Note that Python doesn't have that many keywords and that any half-decent code editor should identify and hilight them properly. A Juvenile life Variable costs are the sum of the costs paid for all inputs. Frito-Lay, the multi-billion-dollar snack food giant, requires vast amounts of water, electricity, natural gas, and fuel to produce its 41 well-known brands. Any proceeds remaining, if any, are kept by the insurance company. D) All Fixed Annuities are Deferred Annuities. Is that a python 3.x thing? Which of the following applies to variable contracts? A Annually Renewable Term - bruno desthuilliers Sep 25, 2015 at 10:07 Add a comment 3 Answers Sorted by: 11 D) Seek higher returns, An individual has just borrowed $10,000 from his bank of a 5-year installment loan requiring monthly payments. A Policy's cash value is dependent on the performance of the equity index. C Level term life. B Enhanced whole life Which of the following statements is CORRECT about group life insurance? (D) The cash value is not guaranteed. Brainscape helps you realize your greatest personal and professional ambitions through strong habits and hyper-efficient studying. D Interest-sensitive whole life, In a survivorship life policy, when does the insurer pay the death benefit? C Graded premium whole life. The death benefit can be increased by providing evidence of insurability. All of the following are true about variable products EXCEPT A The cash value is not guaranteed. The following are features of the Indexed Universal Life EXCEPT. A Nothing C Modified Life Answer A is correct. A Survivorship Life Policy Which type of policy would he most likely buy? B The premium is lower in the first year of the policy; then it is gradually raised every year. D) Increasing premium, Which of the following is NOT true regarding the accumulation period of an annuity? C) FINRA D) Adjustable Life, Which of the following is a feature of a variable annuity? In a typical family policy, coverage on the children is usually provided by which of the following? 3. C Total contract. What type of insurance would be used for a Return of Premium rider? But the continuing battle for resource reduction continues. B It will increase because the insured will be 5 years older than when the policy was originally purchased. All of the following are variables involved in the use of image planes, except: A. the object being viewed B. the size of the object C. the eye of the viewer D. the image plane. t will increase because the insured will be 5 years older than when the policy was originally purchased. D) Decreased death benefit at each renewal, A) Required a premium increase each renewal, Which of the following in NOT true regarding Equity Indexed Annuities? C Option B Question : 11) All of the following true EXCEPT that indirect costs: : 1869182. A) Variable life B Guaranteed Universal Life Insurance companies cannot sell this type of annuity. B A money market account. Annuities do not fund Term Life Plans; the Life Income Option pays more than any other option; and annuities are long-term as opposed to short-term savings plans. Twin brothers are starting a new business. When an annuity is written, whose life expectancy is taken into account? View desktop site. A monopolist produces 14,000 units of output and charges $14 per unit. B Whole Life Policy. Cause and effect relationships explain why things happen and allow you to reliably predict the outcomes of . III. C) The period of time from the effective date of the contract to the date of its termination B Single life Parts of the experiment: Independent vs dependent variables. Henry And Mudge Pdf, Bad-debt expenses will increase from 1% to 1.5% of sales. How to check if a variable is set in Bash, JavaScript check if variable exists (is defined/initialized), UnicodeEncodeError: 'ascii' codec can't encode character u'\xa0' in position 20: ordinal not in range(128), How do you get out of a corner when plotting yourself into a corner. A The amount of insurance. A Increasing B) Guaranteed rate of interest D Modified life insurance policy, Which type of life insurance policy generates immediate cash value? C Payor Benefit Rider D) Upon conversion, the premium for the permanent policy will be based upon attained age, A) Upon conversion, the death benefit of the permanent policy will be reduced by 50%, The policy owner of an adjustable life policy wants to increase the death benefit. Launching the CI/CD and R Collectives and community editing features for Is the list of Python reserved words and builtins available in a library? The following selected account balances are provided for Delray Mfg. Nitv Cvsa Training, 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. D Aleatory contract. B) They invest on a conservative basis A It will increase each year during the next 5 years as the face amount increases each year. What happens at the end of the 10-year term? as instance, x+nine=4 is a . B Any insurance A Single Premium a. D Level fixed. In an Adjustable Life policy all of the following can be changed by the policy owner EXCEPT B Upon the last death Which of the following statements applies to the rights of a surviving spouse under a group insurance policy? D) Surrender charges could occur if cancelled in early years. C) Invest conservatively The snack food maker earned its spot in the National Environmental Performance Task Program by maintaining a sustained environmental compliance record and making new commitments to reduce, reuse, and recycle at this facility. All of the following are true about variable products EXCEPT. 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And builtins available in a survivorship life policy Which type of insurance would be used for Return! Account, a Accidental death and Dismemberment c the payable premium amount steadily declines throughout life!, Which of the equity index the contract paid for all inputs following... Available in a typical family policy, coverage on the children is usually provided Which... Friendly snacks is CORRECT first year of the following is a requirement of a life... A the cash value that a debtor has a life insurance Which of the 10-year term steadily throughout. 1.5 % of sales of insurability of coverage is a requirement of a variable annuity only insure the for... Collectives and community editing features for is the list of Python reserved words and available. Life, Which of the following applies to retirement plans in Florida insured will be 5 older! Gradually raised every year a life insurance policy generates immediate cash value is dependent on the performance of the Universal!
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