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Life Insurance Exam Study

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

By: Cody Baker
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Decks in this class (11)

Section 1 - Basic Principles
Insurance is not characterized as...,
Which group is the do not call re...,
Dividends from a stock insurance ...
10  cards
Section 2 - nature of insurance, risk, perils, and hazards
Risk _____ is the process of anal...,
True or false rates can be calcul...,
Attempting to minimize the severi...
10  cards
Section 3 - legal concepts of the insurance contract
The unwritten authority given to ...,
Insurable interest involves what ...,
Under the law of agency the princ...
24  cards
Section 4 - Life Insurance Policies
Who normally pays the premiums fo...,
True or false additional premiums...,
A material change in a modified e...
16  cards
Section 5 - Group Life Insurance
Which statement about group life ...,
Any employee insured under a grou...,
The conversion option for group t...
9  cards
Section 6 -
Which settlement option makes min...,
Which statement is incorrect abou...,
Which tax is normally associated ...
14  cards
Section 7
An insurance policy may be issued...,
An insurance policy may be issued...,
The initial premium for a life in...
10  cards
Section 8
Which of the following is not a r...,
Which of these is not relevant wh...,
Which of these factors does not i...
10  cards
Section 9
When determining the accumulation...,
Under which circumstance is the i...,
What is another term used for a p...
15  cards
Swction 10 - Retirement Plans
A 55 year old recently received a...,
Which of these statements about t...,
Tom has a qualified retirement pl...
15  cards
Section 11
Insurance crimes which affect int...,
And ensure wishing to conduct bus...,
Per consumer who has been recentl...
34  cards

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Life Insurance Exam Study

  • Class purpose General learning

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