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QUESTIONS AND ANSWERS

QUESTIONS AND ANSWERS

PEARSON VUE LIFE INSURANCE Exam Questions and Answers Latest Updated 2024/2025 | Scored A+. P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: A.irrevocable beneficiary B.revocable beneficiary C.secondary beneficiary - ANSWER-B A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called an: A.indemnity cont...

P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: A.irrevocable beneficiary B.revocable beneficiary C.secondary beneficiary - ANSWER-B A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called an: A.indemnity contract B.investment contract C.endowment D.annuity - ANSWER-D An insurance producer takes ...

QUESTIONS AND ANSWERS

P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: A.irrevocable beneficiary B.revocable beneficiary C.secondary beneficiary - ANSWER-B.revocable beneficiary A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called an: A.indemnity contract B.investment contract C.endowment D.annuity - AN...

P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: A.irrevocable beneficiary B.revocable beneficiary C.secondary beneficiary - ANSWER-B A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called an: A.indemnity contract B.investment contract C.endowment D.annuity - ANSWER-D An insurance...

A.irrevocable beneficiary B.revocable beneficiary C.secondary beneficiary - ANSWER-B A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called an: A.indemnity contract B.investment contract C.endowment D.annuity - ANSWER-D An insurance producer takes an application for a life insurance policy but does not collect the initial premium. On delivery of the policy to the proposed insured, the producer must co...

Pearson Vue Life Insurance Practice Exam Update 2024 with Complete Solutions(GRADED A+). P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: A.irrevocable beneficiary B.revocable beneficiary C.secondary beneficiary - ANSWER-B.revocable beneficiary A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is ...

Pearson Vue Life Insurance Practice Exam 2024 Questions & Answers 100% Verified. P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: A.irrevocable beneficiary B.revocable beneficiary C.secondary beneficiary - ANSWER-B A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called an: A.indemnity cont...