LIFE & HEALTH EXACTITUDE INDIANA STATE EXAM SERIES QUESTIONS WITH

LIFE & HEALTH EXACTITUDE INDIANA STATE EXAM SERIES QUESTIONS WITH

Individual disability income policies typical include an elimination
period (t/f)
True
A producer's license may be denied, suspended, or revoked if the
licensee:
is found guilty of misrepresentation in obtaining the license
Which of the following actions is NOT possible with a Universal Life
policy?
premiums may be applied as a credit against income tax
How long is the typical free look period for long term care insurance
policies?
20 days
Equity indexed annuities are invested in:
The S&P 500
Group life policies in Indiana are required to contain a conversion
privilege that allows for conversion:
to an individual policy for a stated period of time
What is a key requirement for accele death benefit policy?
Must have a terminal illness to qualify
Qualified LTC policies may take into consideration an applicant's preexisting conditions for a maximum of not more than _____ month(s)
prior to the effective date of coverage
6
An insured must qualify for social security disability income to be
accepted for the waiver of premium provision? (t/f)
false