최신 CA-Life-Accident-and-Health 무료덤프 - California Department of Insurance CA Life, Accident and Health or Sickness Examination

A. risk.

B. contract.

C. peril.

D. gamble.

A. the application contains essential information about the applicant.

B. the application becomes a part of the policy, if a copy is attached.

C. the beneficiary must sign the application before the insurer will issue the policy.

D. statements made in the application are required to be true to the best of the applicant's knowledge.

A. Variable life.

B. Endowment life.

C. Term life.

D. Universal life.

A. applies to group policies.

B. mandates a 30 day free look for all applicants.

C. gives a senior at least 30 days to return specified life and/or annuity contracts for a full refund.

D. defines seniors as someone 55 years of age or older on the date of purchase of the policy.

A. Dividends can be guaranteed.

B. Insureds elect a dividend option at the time of policy purchase.

C. All dividends are taxable.

D. Dividends are payable only in nonparticipating policies.

A. Reentry

B. Renewability

C. Incontestability

D. Convertibility

A. The insured must apply for Social Security benefits.

B. The insured receives benefits from the terminated plan.

C. The insured must apply for individual health coverage.

D. The insured ceases to receive benefits.

A. Whole life insurance.

B. Term insurance.

C. Universal life insurance.

D. Endowment insurance.

A. Extended term insurance.

B. Reduced term insurance.

C. Reduced paid-up insurance.

D. Extended paid-up insurance.

A. a label that identifies it as an illustration.

B. the probability that illustrated nonguaranteed scenarios will occur.

C. name and address of the producer.

D. insurer's policy name and form number.