TEXAS ESTHETICIAN > EXAM > Texas Life Insurance Exam 1 (Latest 2023-2024) A++ Exam with All New Qs & As - Guaranteed Pass! (All)
Texas Life Insurance Exam 1 (Latest 2023-2024) A++ Exam with All New Qs & As - Guaranteed Pass!
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1. P completes an application for a $10,000 life policy, but does not give the producer the initial premium. P's coverage becomes effective when Answer: Preceives the policy and pays the premium ... 2. A potential client, age 40, would like to purchase a Whole Life policy thatwill accumulate cash value at a faster rate in the early years of the policy. Which of these statements made by the producer would be carrer? Answer: 20-PayLife accumulates cash value faster than Straight Life 3. How does an indexed annuity differ from a fixed annuity ? Answer: Indexed annuityowners receive credited interest tied to the fluctuations of the linked index 4. During a sales presentation for a participating life insurance policy, an agent MUST Answer: make a prospect understand that dividends are NOT guaranteed 5. T is covered by an Accidental Death and Dismemberment (AD&D) policy that has an irrevocable eneficiary. What action will the insurance company take if I requests a change of beneficiary? Answer: request of the change will be refused [Show More]
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