Georgia Life Insurance Study guides, Class notes & Summaries

Georgia Life Insurance Study Exam with Complete Solutions An insurance producer selling a Variable Annuity whose cash value depends on the performance of an underlying investment account must be registered with: The Financial Industry Regulatory Authority (FINRA, formerly the NASD) A life insurance policy whose cash value will fluctuate depending upon the performance of a separate account is: Variable Life John Livingston owns a 30-Pay Life policy that he purchased at the age of 3...

An insurance producer selling a Variable Annuity whose cash value depends on the performance of an underlying investment account must be registered with: - correct answer The Financial Industry Regulatory Authority (FINRA, formerly the NASD) A life insurance policy whose cash value will fluctuate depending upon the performance of a separate account is: - correct answer Variable Life John Livingston owns a 30-Pay Life policy that he purchased at the age of 30. The cash value will equal the ...

Who elects the governing body of a mutual insurance company? - policyholders What year was the McCarran-Ferguson Act enacted? - 1945 A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: - a fraternal benefit society The stated amount or percent of liquid assets that an insurer must have on hand that will satisfy future obligations to its policyholders is called: - reserves What is the name of the law that requires i...

An insurance producer selling a Variable Annuity whose cash value depends on the performance of an underlying investment account must be registered with: - The Financial Industry Regulatory Authority (FINRA, formerly the NASD) A life insurance policy whose cash value will fluctuate depending upon the performance of a separate account is: - Variable Life John Livingston owns a 30-Pay Life policy that he purchased at the age of 30. The cash value will equal the face amount of the policy when...

Who elects the governing body of a mutual insurance company? - policyholders What year was the McCarran-Ferguson Act enacted? - 1945 A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: - a fraternal benefit society The stated amount or percent of liquid assets that an insurer must have on hand that will satisfy future obligations to its policyholders is called: - reserves What is the name of the law that requires i...

An insurance producer selling a Variable Annuity whose cash value depends on the performance of an underlying investment account must be registered with: - The Financial Industry Regulatory Authority (FINRA, formerly the NASD) A life insurance policy whose cash value will fluctuate depending upon the performance of a separate account is: - Variable Life John Livingston owns a 30-Pay Life policy that he purchased at the age of 30. The cash value will equal the face amount of the policy when...

Georgia Life Insurance Study Exam full update

Georgia Life Insurance Exam new update