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b) Fluctuates. \hline \text { Jul 1 } & 22,000 \\ Everything else equal, how would the factor below affect the market value of a stock? Which of the following is NOT an example of a business use of Life Insurance? \textbf{EMPIRE COMPANY}\\ The insurer's promise to pay a covered loss and the insured's payment of the first premium, are examples of: A. According to the entire contract provision, what document must be made part of the insurance policy? When an applicant pays the initial premium the agent will give them a what? Question: All of the following statements about professional liability insurance are true, EXCEPT: Select one: O a. (b) II only The face amount decreases as the amount owed on the mortgage decreases. A. 4 All of the following statements about term insurance are true EXCEPT D. group credit insurance must have a suicide clause . Which of the following is true regarding the beneficiary designation of the former spouse. Round Trees management makes a forecast of the demand by rental class for each night in the future. 21,000 \\ A. 3)low premiums. This is called. (a) I only a) More active. a) Lump-sum approach B. B) Money collected with respect to an insurance transaction must be held in a position of trust by the producer. Who appoints the state insurance regulator in many states? \text { Type I } & \$ 30 & \$ 35 & - \\ B. a) The amount of insurance on the life of any debtor may exceed the greater of the scheduled or actual amount of unpaid indebtedness to the creditor. The failure to disclose known facts is what? An agent tells an insured that if he replaces his current insurance policy with a newer one, his dividends will be higher and his premium will be slightly lower. The terrorism risk insurance program reauthorization act provides for a terrorism insurance program administered by which federal entity? 2)non-qualified plans
C. Independent rating services evaluate and rate the financial ability of insurance companies B) Passing examination with 75% or higher score. Two years ago he suffered a head injury from an accident, so he cannot remember parts of his past, but is otherwise competent. Correct: A. (b) They increase at a decreasing rate. b) Human life value approach She has limited income and significant life insurance needs. The purpose of an estate clearance fund is to pay all of the following EXCEPT. Being young and healthy means you can skip out on health insurance. For this amount of production, total factory overhead is estimated to be $396,000.00. Flashcards - PSI online exam Life Insurance - FreezingBlue