FX INSURANCE EXAM STIMULATOR 150 QUESTIONS AND ANSWERS
#1 What is another name for an Administrative-Services Only
Arrangement
âœâ€Ã¢Å“â€Third-Party Administrator
#3 Which of the following statements is True concerning the Accidental
Death Rider?
âœâ€Ã¢Å“â€It will pay double or triple the face amount
# 4 On a disability income policy that contains the "Own Occupation"
definition of total disability, the insured will be entailed to benefits if they
cannot perform?
âœâ€Ã¢Å“â€Their regular job
# 5 At what age dose individuals qualify for Medicare?
âœâ€Ã¢Å“â€65
#6 Which of the following is NOT true regarding the Life with
Minimum Annuity settlement option?
âœâ€Ã¢Å“â€It does NOT guarantee that the entire principle will be paid out
#7 According to the Nonforfeiture law, if the owner decides to surrender a
deferred annuity prior to annualization, the owner is entailed to witch of
the following ?
âœâ€Ã¢Å“†Surrender value