Inurance BS Exam at Hagerstown Community College | Flashcards & Summaries

Select your language

Suggested languages for you:
Log In Start studying!

Lernmaterialien für Inurance BS Exam an der Hagerstown Community College

Greife auf kostenlose Karteikarten, Zusammenfassungen, Übungsaufgaben und Altklausuren für deinen Inurance BS Exam Kurs an der Hagerstown Community College zu.

TESTE DEIN WISSEN
A business often buys life insurance on a key employee to: 
Lösung anzeigen
TESTE DEIN WISSEN
Pay for finding and training a replacement if the key employee dies prematurely. 
Lösung ausblenden
TESTE DEIN WISSEN
what is the premium tax credit amount for insured individuals over age 40 as of 12/31/2020 who qualify for a long term care (LTC) credit on Marylands 2020 income tax filing form
Lösung anzeigen
TESTE DEIN WISSEN
500$ 
Lösung ausblenden
TESTE DEIN WISSEN
All of the following are true about loans under personally owned life insurance policies except
Lösung anzeigen
TESTE DEIN WISSEN
The policy owners interests payments are deductible 
Lösung ausblenden
TESTE DEIN WISSEN
All of the following statements about disability income elimination periods are true EXCEPT: 
Lösung anzeigen
TESTE DEIN WISSEN
Disabilities from accidents sometimes have no elimination period 
Lösung ausblenden
TESTE DEIN WISSEN
Taking out a loan under a life insurance policy: 
Lösung anzeigen
TESTE DEIN WISSEN
Reduces the amount receivable upon surrender of the contract 
Lösung ausblenden
TESTE DEIN WISSEN
an existing life insurance policy is sold by the policyowner to help finance the cost of a terminal illness. this is an example of
Lösung anzeigen
TESTE DEIN WISSEN
Accelerated death benefit 
Lösung ausblenden
TESTE DEIN WISSEN
An accident and health insurance producer is most likely to become liable for professional errors and omissions as the result of: 
Lösung anzeigen
TESTE DEIN WISSEN
Misleading a prospective insured in replacing accident and health insurance 
Lösung ausblenden
TESTE DEIN WISSEN
A producer may be guilty of misrepresentation if the producer: 
Lösung anzeigen
TESTE DEIN WISSEN
Failed to disclose exclusions of the policy 
Lösung ausblenden
TESTE DEIN WISSEN
under medicaid, which is an eligibility requirement for the payment of nursing home expenses? 
Lösung anzeigen
TESTE DEIN WISSEN
Financial need 
Lösung ausblenden
TESTE DEIN WISSEN
in a deferred annuity which event initiates benefit payments to the annuitant: 
Lösung anzeigen
TESTE DEIN WISSEN
The contract is annuitized 
Lösung ausblenden
TESTE DEIN WISSEN
To provide the funds necessary to carry out the Powers and duties of life and health Guranty Corporation, the Boards of directors shall: 
Lösung anzeigen
TESTE DEIN WISSEN
Assess member insurers 
Lösung ausblenden
TESTE DEIN WISSEN
Which financial services product creates in instant estate, regardless of when death occurs: 
Lösung anzeigen
TESTE DEIN WISSEN
Life insurance 
Lösung ausblenden
  • 185 Karteikarten
  • 17 Studierende
  • 0 Lernmaterialien

Beispielhafte Karteikarten für deinen Inurance BS Exam Kurs an der Hagerstown Community College - von Kommilitonen auf StudySmarter erstellt!

Q:
A business often buys life insurance on a key employee to: 
A:
Pay for finding and training a replacement if the key employee dies prematurely. 
Q:
what is the premium tax credit amount for insured individuals over age 40 as of 12/31/2020 who qualify for a long term care (LTC) credit on Marylands 2020 income tax filing form
A:
500$ 
Q:
All of the following are true about loans under personally owned life insurance policies except
A:
The policy owners interests payments are deductible 
Q:
All of the following statements about disability income elimination periods are true EXCEPT: 
A:
Disabilities from accidents sometimes have no elimination period 
Q:
Taking out a loan under a life insurance policy: 
A:
Reduces the amount receivable upon surrender of the contract 
Mehr Karteikarten anzeigen
Q:
an existing life insurance policy is sold by the policyowner to help finance the cost of a terminal illness. this is an example of
A:
Accelerated death benefit 
Q:
An accident and health insurance producer is most likely to become liable for professional errors and omissions as the result of: 
A:
Misleading a prospective insured in replacing accident and health insurance 
Q:
A producer may be guilty of misrepresentation if the producer: 
A:
Failed to disclose exclusions of the policy 
Q:
under medicaid, which is an eligibility requirement for the payment of nursing home expenses? 
A:
Financial need 
Q:
in a deferred annuity which event initiates benefit payments to the annuitant: 
A:
The contract is annuitized 
Q:
To provide the funds necessary to carry out the Powers and duties of life and health Guranty Corporation, the Boards of directors shall: 
A:
Assess member insurers 
Q:
Which financial services product creates in instant estate, regardless of when death occurs: 
A:
Life insurance 
Inurance BS Exam

Erstelle und finde Lernmaterialien auf StudySmarter.

Greife kostenlos auf tausende geteilte Karteikarten, Zusammenfassungen, Altklausuren und mehr zu.

Jetzt loslegen

Das sind die beliebtesten Inurance BS Exam Kurse im gesamten StudySmarter Universum

Life Insurance Exam Set

Lincoln Land Community College

Zum Kurs
Insurance

Universidad de Buenos Aires

Zum Kurs
Exam II

Central Philippine University

Zum Kurs
Exam I

Central Philippine University

Zum Kurs
Life Insurance Exam

Indiana State University

Zum Kurs

Die all-in-one Lernapp für Studierende

Greife auf Millionen geteilter Lernmaterialien der StudySmarter Community zu
Kostenlos anmelden Inurance BS Exam
Erstelle Karteikarten und Zusammenfassungen mit den StudySmarter Tools
Kostenlos loslegen Inurance BS Exam