This class was created by Brainscape user Josh Bray. Visit their profile to learn more about the creator.

Decks in this class (10)

Comparison of Life Insurance Policies
J purchases a new auto that he wi...,
Term life death benefit,
Term life premium
31  cards
3 - Life Insurance Premiums and Combination Policies
How can life premiums be charged,
Single premium life,
Level premium
42  cards
4 - Non-Traditional Life Policies
Universal life is sometimes also ...,
Ul interest rates,
Current interest rate is a combin...
41  cards
5 - Annuity Products
Insurance companies typically mar...,
What is an annuity,
The amount paid in income to an a...
61  cards
6 - Life Policy Provisions, Non-Forfeiture Options, and Dividends
In a life insurance policy the __...,
The entire contract clause states...,
North carolina insurance statutes...
64  cards
7 - Life Policy Settlement Options, Beneficiaries, Premiums, and Additional Rights and Benefits
Traditionally policy proceeds are...,
Other methods of payment to a ben...,
___________ is when the insurer r...
45  cards
8 - Other Life Topics 1
Group members may convert to a ne...,
Group members may convert to a ne...,
_____________ of nonrenewal must ...
59  cards
9 - Other Life Topics 2
_________ is a term that means th...,
Individuals have an _____ insurab...,
Insurers normally require that a ...
23  cards
11 - Specific Statutes and Regulations to Life
When a policy of life insurance i...,
________ cannot attach the benefi...,
Insurers that without the written...
29  cards
2 - Basic Types of Individual Life Insurance
All life policies have the follow...,
Mortality,
Term life insurance is often refe...
21  cards

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Life

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