Which of the following is an example of a limited-pay life policy? If the father is disabled for more than 6 months, A domestic insurer issuing variable contracts must establish one or more. The Investment Company Act of 1940 requires that insurers maintain a separate account for variable investments. A The insured may renew the policy for another 10 years at the same premium rate. Bad-debt expenses will increase from 1% to 1.5% of sales. 11) All of the following statements about variable costs are true EXCEPT 11) A) they are constant as output increases. 20) Some fixed costs may be classified as direct manufacturing costs. D) The funds are invested in the company's general account, C) The annuitant assumes the risks on investment, Which of the following is an example of a limited-pay life policy? D Gradually increases each year by the amount that the cash value increases. Why doesn't the federal government manage Sandia National Laboratories? When the breadwinner that is insured by a Family Policy dies, what rights are provided to other family members that are covered under the policy? In which of the following scenarios will the rider waive the payment of premium? D Half at the first death, and half at the second death. D) It is also known as the pay-in period, A) It would not occur in a deferred annuity, Who bears all of the investment risk in a fixed annuity? B Half the amount. Experiments are usually designed to find out what effect one variable has on another - in our example, the effect of salt addition on plant growth.. You manipulate the independent variable (the one you think might be the cause) and then measure the dependent variable (the one you think might be the effect) to find out what this . B Variable universal life has a fixed premium. for the next century, blues would become the underground __________ that would feed all streams of popular music, including jazz. B) They invest on a conservative basis B Survivorship Policy ScholarOn, 10685-B Hazelhurst Dr. # 25977, Houston, TX 77043,USA. D The performance of the policy portfolio, Which of the following would be the beneficiary in credit life insurance? Which of the following applies when an insured wishes to convert industrial insurance policies for an ordinary policy? B) They have guaranteed minimum interest rates A The premium can be raised up to a guaranteed maximum rate. Has China expressed the desire to claim Outer Manchuria recently? When would a 20-pay whole life policy endow? C Decrease again. How does the NLT translate in Romans 8:2? All of the following are guaranteed features in a variable life insurance policy, EXCEPT: The cash value is invested in the insurer's separate account, and is, therefore, not guaranteed. C Convertible Term Policy. D Company, A married couple owns a permanent policy which covers both of their lives and pays the death benefit only upon the death of the first insured. (B) The premiums are invested in the insurer's general account. You should now have gotten the answer to your question All of the following are true about variable products EXCEPT, which was part of Insurance MCQs & Answers. B) Level C) FINRA Then multiply. So what *is* the Latin word for chocolate? Which of the following riders would NOT cause the Death Benefit to increase? Vat Suspense Account, A) The beneficiary What's the canonical way to check for type in Python? types of claims? A Until the policyowner reaches age 65. For variable products, underlying assets must be kept in B. the premiums are invested in the insurers general account, C. the minimum death benefit is guaranteed, Answer:B. the premiums are invested in the insurers general account. stackoverflow.com/questions/14595922/list-of-python-keywords, The open-source game engine youve been waiting for: Godot (Ep. C) The payable premium amount steadily declines throughout the duration of the contract Term life insurance provides the greatest amount of insurance protection (dollar amount of policy proceeds) for the least amount of premium. Which of the following allows the insurer to relieve a minor insured from premium payments if the minor's parents have died or become disabled? D) The owner, An agent selling variable annuities must be registered with C The premiums are invested in the insurer's general account. A Accidental Death Rider 11) All of the following true EXCEPT that indirect costs: 11) All of the following true EXCEPT that indirect costs: : 1869182. A Single premium whole life. All of the following are true about variable products except? Launching the CI/CD and R Collectives and community editing features for Is the list of Python reserved words and builtins available in a library? D Securities. Answer A is correct. The process consumes enormous amounts of energy and creates vast amounts of wastewater, starch, and potato peelings. All of the following are true regarding a decreasing term policy EXCEPT All of the following statements are correct regarding credit life insurance EXCEPT. Marisa Miller Husband Jim Miller, B The value of insurance will be deducted from the employees' compensation. B Whole life C Fluctuates. A) Increasing or Decreasing B Variable Life What type of insurance would be used for a Return of Premium rider? Azanswer team is here with the correct answer to your question. Concerning Juvenile Life insurance, which of the following statements is INCORRECT? B Premium Its premium steadily decreases over time, in response to its growing cash value. B Universal life Question : 11) All of the following true EXCEPT that indirect costs: : 1869182. A Limited-pay Life Answer: D LO: 1 Type: RC. What is the fitted value in May 2019 ? The premiums are invested in the insurer's general account. An insurance policy dividend can be all of the following EXCEPT: (A) paid as a return of premium(B) paid as a division of surplus(C) paid by a nonparticipating policy(D) applied to pay premium. C) Renewable keyword. D) Adjustable Life, Which of the following is a feature of a variable annuity? A) It is not tied to an index like the S&P 500 C) A direct cost of one cost object can be an indirect cost of another cost object. t will increase because the insured will be 5 years older than when the policy was originally purchased. A) Both are considered to be more risky than variable annuities They know it will take several years to build the business to the point that they can pay off the debt incurred in starting the business. Gradually increases each year by the amount that the cash value increases. C SEC registration. D Required proof of insurability every year. All of the following statements about a participating policy are correct EXCEPT: (A) premiums may be higher than those for a nonparticipating policy(B) the surrender values are generally the same as a nonparticipating policy(C) policy dividends may be paid in cash(D) policy dividends paid in cash are taxable, (D) policy dividends paid in cash are taxable. A Decreased death benefit at each renewal. D) Have a level number of annuity units with the unit value fluctuating. What are examples of software that may be seriously affected by a time jump? B) Credit Life Which of the following statements is true? 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 Decreases by the amount that the cash value increases. Which of the following best describes annually renewable term insurance? The only other Payment Option shown (Life Income) would stop upon Mr. Smith's death. C Covers children for free. b. a new system of accounting for capital depreciation. The policy is a/an Kindly login to access the content at no cost. A Dividend Which rider is attached to the policy? Proper way to declare custom exceptions in modern Python? (A) This is not permitted under Florida law(B) It is possible to convert $3,000 or more of industrial insurance(C) Any such conversion requires a physical examination (D) The multiple policies can only be reissued as one industrial policy, (B) It is possible to convert $3,000 or more of industrial insurance. c) Variables can be described but not measured. D)The cash value is not guaranteed. Vacuum hoses that pull moisture from potato slices to recapture the water and to reduce the amount of heat needed to cook the potato chips are also being used. B The Guaranty Association. Insurance companies cannot sell this type of annuity. All of the following are true about variable products except? C Built cash values. What would be the right policy for this client? A Single premium policy D Adjustable death benefit. D) Renewable Term to Age 70, A man decided to purchase a $100,000 Annually Renewable Term Life policy to provide additional protection until his children finished college. A Decreasing D Level fixed. 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. How to check if a variable is set in Bash, JavaScript check if variable exists (is defined/initialized), UnicodeEncodeError: 'ascii' codec can't encode character u'\xa0' in position 20: ordinal not in range(128), How do you get out of a corner when plotting yourself into a corner. C Return of premium He believes that he will not need extra capital for personal living expenses, since the business will generate immediate revenue to cover all living and business expenses. C Federal government. A) Renewable B Payor Benefit Rider B) It usually develops cash value by the end of the third policy year B) The face amount steadily declines throughout the duration of the contract If the insured dies, how much will be paid out? Variable costs are equal to total cost minus fixed costs. D Renewable Term Policy. The type of insurance sold to a debtor and designed to pay the amount due on a loan if the debtor dies before the loan is repaid is called. D The premium. Experts are tested by Chegg as specialists in their subject area. Variable costs are the sum of the costs paid for all inputs A Equity Indexed Universal Life How Much Sugar Is In A Mountain Dew 600ml, B Flexible annuities. Which of the following is another term for the accumulation period of an annuity? B Creditor is the insured. There are benefits besides the potential energy savings. D) Decreasing term, The term "fixed" in a fixed annuity refers to all of the following EXCEPT Which type of policy would he most likely buy? Write these problems in vertical form. Lower loss adjustment expenses. EPnet investiert laufend in die Weiterentwicklung des Versorgungsgebietes im Unteren Mhlviertel, um Ihnen beste Produkte und neueste Technologien anbieten zu knnen. B Increasing term B Family Term This is a type of flexible premium annuity which allows level premiums to be paid into the annuity in regular installments for the purpose of accumulating funds to be used at retirement. C. variable manufacturing overhead. All customers will continue to pay on the net date. B They can convert their coverage to permanent life insurance with evidence of insurability. B Sale of this product requires a securities license. Which of the following will have to meet an insurable interest requirement in order for a policy to issue? D Joint life, A Straight Life policy has what type of premium? C) The SEC A Producer Frito-Lay is installing high-tech filters that recycle most of the water used to rinse and wash potatoes. The insured may renew the policy for another 10 years, but at a higher premium rate. Variable costs are the sum of the costs paid for all variable inputs. 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