Kentucky Life and Health Insurance Exam (New Update) Questions and Verified ANSWERs| 100 % Correct| Grade A

Kentucky Life and Health Insurance Exam (New Update) Questions and Verified ANSWERs| 100 % Correct| Grade A

Question: The premiums paid by an employer for his employee's
group life insurance are usually considered to be
ANSWER: Tax-deductible to the employer
Question: Which of these is NOT considered to be a cost
connected with an individual's death?
Options: [Implied: Business expenses, Funeral expenses, Estate
taxes, Medical expenses]
ANSWER: Business expenses
Question: These are all accurate statements regarding universal
life insurance EXCEPT
Options: [Implied: Policy loans are not permitted, Flexible
premiums, Adjustable death benefit, Cash value growth]
ANSWER: Policy loans are not permitted
Question: Which of these is NOT relevant when determining the
amount of personal life insurance needed? 

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