A policy of adhesion can only be modified by whom?

A policy of adhesion can only be modified by whom?

What kind of life insurance product covers children under their parent’s policy?

What kind of life insurance product covers children under their parent’s policy?

All of these are characteristics of an Adjustable Life policy EXCEPT adjustable premiums adjustable premium payment period combination of term and whole life insurance face amount can be adjusted using policy dividends

All of these are characteristics of an Adjustable Life policy EXCEPT

adjustable premiums

adjustable premium payment period

combination of term and whole life insurance

face amount can be adjusted using policy dividends

The investment gains from a Universal Life Policy usually go toward

The investment gains from a Universal Life Policy usually go toward

All of these insurance products require an agent to have proper FINRA securities registration in order to sell them EXCEPT for Variable Life Modified Whole Life Universal Variable life Variable Annuity

All of these insurance products require an agent to have proper FINRA securities registration in order to sell them EXCEPT for

Variable Life

Modified Whole Life

Universal Variable life

Variable Annuity

A life policy with a death benefit that can fluctuate according to the performance of its underlying investment portfolio is referred to as

A life policy with a death benefit that can fluctuate according to the performance of its underlying investment portfolio is referred to as

T would like to be assured $10,000 is available in 10 years to replace a roof on his house. What kind of $10,000 policy should T purchase?

T would like to be assured $10,000 is available in 10 years to replace a roof on his house. What kind of $10,000 policy should T purchase?

T would like to be assured $10,000 is available in 10 years to replace a roof on his house. What kind of $10,000 policy should T purchase?

T would like to be assured $10,000 is available in 10 years to replace a roof on his house. What kind of $10,000 policy should T purchase?

What kind of life insurance starts out as temporary coverage but can be later modified to permanent coverage without evidence of insurability?

What kind of life insurance starts out as temporary coverage but can be later modified to permanent coverage without evidence of insurability?

Which of the following features of a group Term Life policy enables an individual to leave the group and continue his or her insurance without providing evidence of insurability? Owner’s Rights clause Incontestable Period Insuring Agreement Conversion privilege

Which of the following features of a group Term Life policy enables an individual to leave the group and continue his or her insurance without providing evidence of insurability?

Owner’s Rights clause

Incontestable Period

Insuring Agreement

Conversion privilege