Online Access Free Life-Producer Exam Questions

Which one of the following causes of death typically would be included under an accidental death rider attached to a life insurance policy?

• A.War or acts of war
• B.Intentionally self-inflicted injuries
• C.Automobile accidents resulting from the insured's negligence
• D.Illness or disease

Which of the following is a requirement of an insurable risk?

• A.There must be a large number of different loss exposures.
• B.The loss must be catastrophic.
• C.The chance of loss must be calculable.
• D.The loss must be intentional.

Which contract offers flexible deposits, deferred taxation, a guaranteed minimum interest rate, and death proceeds equal to the cash value?

• A.Available deferred annuity
• B.An adjustable whole life insurance policy
• C.A flexible premium fixed annuity
• D.A universal life insurance policy

One factor in premium determination is the expenses of the:

• A.Policy owner
• B.Producer
• C.Insurer
• D.Policy beneficiary

Which contract offers flexible deposits, deferred taxation, a guaranteed minimum interest rate, and death proceeds equal to the cash value?

• A.An adjustable whole life insurance policy
• B.A flexible premium fixed annuity
• C.An available deferred annuity
• D.A universal life insurance policy