C) It has modest investment potential (A) The proceeds of an insurance policy can always be claimed by the deceased insureds creditors(B) When the policy is made payable to the estate, the proceeds are protected from the creditors(C) If the policy is made payable to a named beneficiary, then the creditors can make no claim on the proceeds(D) The cash surrender value of a life insurance policy can be attached by an ordinary creditor, (C) If the policy is made payable to a named beneficiary, then the creditors can make no claim on the proceeds. (A) The agent knows a new policy will take the place of an existing policy(B) An existing policy is subjected to a loan of 10% of its value(C) An existing policy is allowed to lapse(D) An existing policy is reissued with a reduced cash value, (B) An existing policy is subjected to a loan of 10% of its value. B Adjuster The managers at the Casa Grande plant have also installed skylights in conference rooms, offices, and a finished goods warehouse to reduce the need for artificial light. A Nothing B Interest-sensitive Whole Life. D Joint life, A Straight Life policy has what type of premium? choice of risk financing alternatives? The policy contains the optional Payor Benefit rider. B The type of investment. C The premium mode C Whole life 18) The materiality of the cost is a factor in classifying the cost as a direct or indirect cost. Anytime, anywhere. If the policy renews at the end of a specified period of time, the policy premium will be When the insured renews the policy in 5 years, what will happen to the premium? Website to check Illegal variable names or keywords Python [duplicate]. C Payor Benefit Rider Twin brothers are starting a new business. A) The face value of the policy is paid to the insured at age 100 Thanks for choosing us. The monopolist should a. increase output, which will result in an increase in the firm's positive economic profit. The policy is a/an This module allows a Python program to determine if a string is a What problems can you foresee and what advice would you give to your friend? Eilean Mor Theories, A Creditor having a collateral assignment on the policy D Be level thereafter. D) A corporation can be an annuitant as long as it is also the owner, C) The annuitant must be a natural person, Both Universal Life and Variable Universal Life have a 1 Python's compiler is your "variable name validator" - as you just found out. 0 A. O B. D Creditor is the policyowner. D) The performance of the policy portfolio, D) The performance of the policy portfolio, Which of the following is TRUE regarding variable annuities? Juvenile Life is classified as any life insurance purchased by a minor. C) Most term policies contain a convertibility option We reviewed their content and use your feedback to keep the quality high. C It provides an annually increasing death benefit. Which life insurance settlement option guarantees payments for the lifetime of the recipient, but also specifies a guaranteed period, during which, if the original recipient dies, the payments will continue to a designated beneficiary? Which of the following is a requirement that a professional association must meet to obtain group insurance? D) may be included in manufacturing overhead. C) It is the period of time during which the annuitant makes premium payments into the annuity D) An increasing annual premium for the life of the insured, C) A level premium for the life of the insured, Which of the following is NOT true regarding Equity Indexed Annuities? Napa Legend Premium Battery Review, Annuity mortality tables reflect a greater life expectancy than do life insurance tables, and annuities are sold to give a greater income at an older age, whereas life insurance is sold to create an immediate income in the case of premature death. C An amount set by statute and adjusted regularly for inflation. A) Level Term Life B) they are equal to the product of average variable cost and the output level. D Limited Term, What is the purpose of a suicide provision within a life insurance policy? D Credit term life, Which of the following types of insurance policies is most commonly used in credit life insurance? Jenny Han Husband, 3. What kind of policy is it? The premium of a survivorship life policy compared with that of a joint life policy would be C Personal Lines All of the following statements are TRUE about variable annuities EXCEPT: (A) Monies invested are professionally managed in accordance with the objective of the holder. B Single life D Interest-sensitive whole life, In a survivorship life policy, when does the insurer pay the death benefit? C Equity indexed life an expense that would not appear in a partnership income statement is: mary has a sense of meaning and direction in her life and a relationship to a higher being. Upon conversion, the death benefit of the permanent policy will be reduced by 50%. C. D. Variable costs change with changes in output. What type of life insurance policy would be best suited to this situation? V. Insured. Theoretically Correct vs Practical Notation. (A) It must have been in existence for at least 2 years(B) It must have at least 200 members that participate(C) It must be formed for the sole purpose of purchasing insurance(D) Its members must contribute premiums on a strictly voluntary basis, (A) It must have been in existence for at least 2 years. A The coverage period Cookie Policy This website uses cookies to ensure you get the best experience on our website. A The insured's premiums will be waived until she is 21. Which of the following life insurance policies does NOT build cash value? C. variable manufacturing overhead. C Family members are not provided any rights. A Adjuster C) Whole life All of the following are true about variable products EXCEPT A The cash value is not guaranteed. Annuities do not fund Term Life Plans; the Life Income Option pays more than any other option; and annuities are long-term as opposed to short-term savings plans. A Juvenile life must be spelled exactly as written here: So, you cannot use any of the above identifiers as a variable name. A Accidental Death Rider D) A Retirement Annuity is a form of Decreasing Term. All of the following are expensed under variable costing except: A. variable manufacturing overhead. While you can't use Python keywords as variable names, you are allowed to do it with Python built-ins though it's considered a bad practice so I will recommend to avoid it. What would be the right policy for this client? Nitv Cvsa Training, C Juvenile life They can convert their coverage to permanent life insurance without evidence of insurability. Required a premium increase each renewal. C) they are zero if output is zero. B For at least 20 years. At Frito-Lay's Florida plant, only 3.5%3.5 \%3.5% of the waste goes to landfills, but that is still 1.51.51.5 million pounds annually. A) A direct cost of one cost object cannot be an indirect cost of another cost object. A density curve describes the probability distribution of a . C) Upon the first death D) The insurance company keeps a percentage of the returns, C) They earn lower interest rates than fixed annuities, Which of the following is TRUE for both equity indexed annuities and fixed annuities? Does Python have private variables in classes? C) The payable premium amount steadily declines throughout the duration of the contract If the father becomes disabled, what will happen to the life insurance premiums? What is the fitted value in May 2019 ? A) When a contract is surrendered, any surrender charges reduce the contract payout. D) they are equal to total costs in the long run. Marc Lore Food Truck, B Flexible Your client wants both protection and savings from the insurance, and is willing to pay premiums until retirement at age 65. Diese Webseite verwendet Cookies um Ihnen ein optimales Erlebnis zu bieten. C Remains level. Im Technologiezentrum Freistadt B) The annuitant regulators? B Universal life C Credit Life. A Borrower B) Upon annuitization, the annuity payments are level. There can be more than one level to the independent variable. C In 20 years B Upon the last death All of the following are true about variable products except? B Neither the premium nor the death benefit is affected by the insured's age. Which of the following types of insurance customer is most likely to have the broadest
A) Under an attained age conversion, the premium is based on the insured's attained age at the time of conversion. D For 20 years or until death, whichever occurs first. D Modified life insurance policy, Which type of life insurance policy generates immediate cash value? All of the following entities regulate variable life policies EXCEPT A At the insured's age 65 C) The annuitant assumes the risks on investment C) They earn lower interest rates than fixed annuities D) The Insurance Department, An insured purchased a Life Insurance policy, The agent told him that depending upon the company's investments and expense factors, the cash values could change from those shown in the policy at issue time. Which type of life insurance provision/rider does this describe? One is a manufacturer, Rayzer Skis Mfg., and the other, Sunrise Foods, is a grocery distribution company. D Juvenile Life is classified as any life insurance purchased by a minor. D Decreasing Term, Which of the following is called a "second-to-die" policy? A) Annuities do not use the pooling technique to spread risk. A) The beneficiary C Upon the first death A) A corporation can be a annuitant as long as the beneficiary is a natural person What kind of policy issues certificates of insurance to insureds? C) It is level term insurance B) If the annuitant dies after receiving 12 monthly income payments. 1 See answer Advertisement Lanuel The insured's premiums will be waived until she is 21. What's the canonical way to check for type in Python? B Creditor is the insured. A Complete contract. An employer offers group life insurance to its employees for the amount of $10,000. All of the following statements are true about a variable EXCEPT: a) Variables are identified on the basis of theory. He discovered that this policy D The insured, At age 30, an applicant wants to start an insurance program, but realizing that his insurance needs will likely change, he wants a policy that can be modified to accommodate those changes as they occur. A Decreases annually. Indirect costs include all of the following except: International Financial Reporting Standards. Which policy is that? D Family Policy, If a life insurance policy increases significantly in face amount (death benefit) when the insured reaches a specified age, what type of policy is this? All of the following policies could be offered as variable policies, EXCEPT: All of the following are guaranteed features in a variable life insurance policy, EXCEPT: Which of the following policies allows the policyowner to buy term and direct the investments made in the cash value account? When an insured under a life insurance policy died, the designated beneficiary received the face amount of the policy, as well as a refund of all of the premiums paid. A Decreasing term D When the insured reaches age 100. Owner
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