Kentucky Life Insurance State Exam Practice Questions with Answers (new)

Kentucky Life Insurance State Exam Practice Questions with Answers (new)
Question : The premiums paid by an employer for his
employee's group life insurance are usually considered to be
CORRECT ANSWER: Tax-deductible to the employer
Question : Which of these is NOT considered to be a cost
connected with an individual's death?
A. Business expenses
CORRECT ANSWER: Business expenses
Question : These are all accurate statements regarding
universal life insurance EXCEPT
A. Policy loans are not permitted
CORRECT ANSWER: Policy loans are not permitted
Question : Which of these is NOT relevant when determining
the amount of personal life insurance needed?
A. Local unemployment rate
CORRECT ANSWER: Local unemployment rate

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