*NURSING > QUESTIONS and ANSWERS > CA Life Insurance Exam 2025|Actual Exam Set Questions And Verified Answers (Correct solutions (All)
CA Life Insurance Exam 2025|Actual Exam Set Questions And Verified Answers (Correct solutions
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An insurer that operates for one or more social, educational, charitable, benevolent, or religious purposes for the benefit of its members is known as a a) Reciprocal insurer. b) Stock insurer. c) ... Fraternal insurer. d) Mutual insurer. - Answer--C Life insurance creates an immediate estate. Which of the following best explains this statement? The policy has cash values and nonforfeiture values. b) The policy generates immediate cash value. c) The death benefit will always be paid to the estate of the insured. d) The face value of the policy is payable to the beneficiary upon the death of the insured. - Answer--D Which of the following is guaranteed [Show More]
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