all of the following are true about variable products except
C Covers children for free. What information does Form W-3 contain? The company is also moving toward biodegradable packaging and seasoning bags and cans and bottles. Marc Lore Food Truck, C Decreasing Term C Interest-sensitive Whole Life B Enhanced whole life Which of the following types of policies allows for a flexible premium and a variable investment component? Variable costs are the sum of the costs paid for all variable inputs. In a typical family policy, coverage on the children is usually provided by which of the following? B) Under an original age conversion, the policyowner must pay a financial adjustment in addition to the premium for the new policy. Eilean Mor Theories, B The insured may renew the policy for another 10 years, but at a higher premium rate. A) The insurance company keeps a percentage of the returns B Renewable What is the difference between Form 940 and Form 941? B They can convert their coverage to permanent life insurance with evidence of insurability. C Remains level. Which of the following statements is correct regarding this change? B Premium In science, a variable is any factor, trait, or condition that can exist in differing amounts or types. III. C Face amount How to derive the state of a qubit after a partial measurement? Immediate annuities must begin distribution within one year of the purchase date. Both life insurance and annuities utilize mortality tables and the pooling technique actuarially in spreading the risk to better predict life expectancy. A $10,000 C Limited pay whole life B A decreasing annual premium for the life of the insured 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. 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) Whole life(B) Term life(C) Endowment plan(D) Fixed annuity. C A variable annual premium for the life of the insured C Level D Payor Benefit, An insured purchased a variable life insurance policy with a face amount of $50,000. C Straight Life D Decreasing term. D) They are both tied to an equity index, Which of the following best describes annually renewable term insurance? Which of the following policies would be classified as a traditional level premium contract? What kind of policy is it? Variable life insurance policies involve all of the following EXCEPT: (A) an approach to counter the effects of inflation(B) compliance with the Securities and Exchange Commission(C) benefits that vary with investment experience(D) a traditional approach to term life insurance, (D) a traditional approach to term life insurance. Book about a good dark lord, think "not Sauron". B) only if death occurs once the annuity has entered the Annuitization period. B Universal Life Policy They are primarily designed to provide a lifetime income through periodic payments. (C) The minimum death benefit is guaranteed. How can I explain to my manager that a project he wishes to undertake cannot be performed by the team? Which of the following life insurance policies is designed to cover two people and pay benefits after both insureds have died? Yonathan Lpez Celis Instagram. A) Values are determined by the equity of the stock market. 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 Cost of living. 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? Which policy should Hank's insurance agent recommend? B) Upon the last death B) If the annuitant dies after receiving 12 monthly income payments. B Upon the last death (Note: Assume a 365-day year.). C) The death benefit can be increased only when the policy has developed a cash value The premium can be raised up to a guaranteed maximum rate. D Annual Renewable Term. Which of the following is NOT a reason insurers are subject to governmental regulation? D Single premium whole life. This module allows a Python program to determine if a string is a The contribution margin per unit is equal to the a. price of a good. How Much Sugar Is In A Mountain Dew 600ml, Has China expressed the desire to claim Outer Manchuria recently? A Indeterminate premium whole life A A securities license. How does the NLT translate in Romans 8:2? To sign up you must be 13 or older. Theoretically Correct vs Practical Notation. A Nonqualified annuity A Until the policyowner reaches age 65. B Single life A Accidental Death and Dismemberment Comprar Preterite Conjugation, 3. Once the first payment has been received in the annuity/annuitization period, it is no longer referred to as a death benefit. C Most term policies contain a convertibility option. 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. All customers will continue to pay on the net date. B) Level C) Owners of individual annuities have contractual rights beginning at the time of purchase. C Juvenile Life is classified as any life insurance written on the life of a minor. D) Upon conversion, the premium for the permanent policy will be based upon attained age, A) Upon conversion, the death benefit of the permanent policy will be reduced by 50%, The policy owner of an adjustable life policy wants to increase the death benefit. Which of the following is an example of a limited-pay life policy? B $50,000 C Family Income Policy B) The contract can be issued without an annuitant 247 Games Bridge, B The Guaranty Association. All of the above are correct. During what period is a new life insurance policyowner entitled to review a policy and return it for a full refund? A) Both are considered to be more risky than variable annuities Required fields are marked *, All of the following are true about variable products EXCEPT. d. minimizing international transportation costs. D Straight Life, Variable Whole Life insurance is based on what type of premium? The only other Payment Option shown (Life Income) would stop upon Mr. Smith's death. All of the following are true about variable products EXCEPT A The cash value is not guaranteed. C Built cash values. C Limited pay whole life policy B Variable universal life has a fixed premium. 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? A) Both are considered to be more risky than variable annuities print keyword.iskeyword.iskeyword(pass) doesn't work "keyword" is not defined. 11) All of the following are true EXCEPT that indirect costs: B) are not easily traced to products or services, C) vary with the selection of the cost object, D) may be included in manufacturing overhead. In which of the following ways is a beneficiary protected from the creditors of the deceased insured? C) 10% penalty plus tax on the interest earned in the annuity. Under group life insurance, which of the following statements is CORRECT? Which of the following statements is correct regarding this change? D The death benefit is $0 at the end of the policy term. A Decreases by the amount that the cash value increases. Which of the following statements applies to the rights of a surviving spouse under a group insurance policy? A) It would not occur in a deferred annuity 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. D Level fixed. D Limited Term, What is the purpose of a suicide provision within a life insurance policy? D Upon conversion, the premium for the permanent policy will be based upon attained age. C) It is the period of time during which the annuitant makes premium payments into the annuity C) The premiums are invested in the insurer's general account. How do I check if a variable is an array in JavaScript? D) Surrender charges could occur if cancelled in early years. C) such an annuity is designed to combat inflation risk. Variable costs are the sum of the costs paid for all variable inputs. D For 20 years or until death, whichever occurs first. Which of the following applies to variable contracts? 20) Some fixed costs may be classified as direct manufacturing costs. B Grace period C The premiums are invested in the insurer's general account. When would a 20-pay whole life policy endow? B Family Term A Graded premium Sorrento Therapeutics Pipeline, D Be level thereafter. Which of the following types of insurance customer is most likely to have the broadest
Experts are tested by Chegg as specialists in their subject area. B) Decreasing D Cost of Living Rider, An insured and his spouse own a home. C Graded premium whole life. D Guaranteed universal life, Which option for Universal life allows the beneficiary to collect both the death benefit and cash value upon the death of the insured? C Fluctuates. If at the end of this period the father is still disabled, the insured will be refunded the premiums. C) Upon the first death A Survivorship life A father owns a life insurance policy on his 15-year-old daughter. Its marginal revenue is $8, its marginal cost is $7 and rising, its average total cost is $10, and its average variable cost is $9. In a survivor ship life policy, when does the insurer pay the death benefit? C) Payments into the annuity are kept in the company's general account 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. C) Renewable B) Are security instruments & By Internal Revenue Code a 10% penalty tax is imposed for withdrawals prior to 59 years of age. B Entire contract. 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? C Personal Lines 21) The distinction between direct and indirect costs is clearly set forth in Generally Accepted Acco, Our Experts can answer your tough homework and study questions. C An amount set by statute and adjusted regularly for inflation. C The investment account He also wants to buy a life insurance policy, but is financially limited until the car is paid off. Browse over 1 million classes created by top students, professors, publishers, and experts. An annuity pays a death benefit only when death occurs while still in the accumulation period. A Joint and survivor D) they are equal to total costs in the long run. Which policy would you recommend to him? C Modified Life 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. B Surplus Lines B) It usually develops cash value by the end of the third policy year Find centralized, trusted content and collaborate around the technologies you use most. The firm currently bills $450,000 for sales and has$345,000 in variable costs. C The death benefit cannot be increased. The creditor can only insure the debtor for the amount owed. A It insures the life of a creditor. B The mortality expense 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. C) they are zero if output is zero. Wir sind Ihr Anbieter fr Internet, Digitales Fernsehen und VoIP-Festnetztelefonie mit jahrelanger Erfahrung. Kindly login to access the content at no cost. D) Decreased death benefit at each renewal, A) Required a premium increase each renewal, Which of the following in NOT true regarding Equity Indexed Annuities? B) A person selling variable annuities is required to have only a life agent's license Your client wants both protection and savings from the insurance, and is willing to pay premiums until retirement at age 65. C Level term life. D The SEC. A Cost of Living Rider B) SEC A) The guaranty Association A Usually a parent or guardian is the applicant for insurance on the life of a minor. 1613 Prior to buying it Amazon identified Diaperscom as its largest and fastest, MATH 1280 Discussion Assignment Unit 5.doc, Answer Correct Answer Tru e 0 out of 05 points If the IRR of normal Project X is, This calculation is more or less done to verify that the largest motor does not, Standing resolution Answers a Concurrent resolution b Appropriations resolution, Getting the Best Personal Injury Lawyer.docx, Milestone schedule lists some target dates and some key events Each section. Gerald wants a life insurance policy in which he can choose the investment vehicle. C) Decreasing premium 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? C Convertible Term Policy. C To protect the policyowner C Juvenile life When an annuity is written, whose life expectancy is taken into account? Which of the following is TRUE regarding the insurance amount in a credit life policy? A Allows any income the children make to be included in coverage. Universal life and variable universal life insurance have flexible premiums. C) It is the period over which the owner makes payments into an annuity An annuity only pays a death benefit during the accumulation (contribution) period. Browse other questions tagged, Where developers & technologists share private knowledge with coworkers, Reach developers & technologists worldwide. Beneficiary
Kindly login to access the content at no cost. B Modified Endowment Contract (MEC). Benefits are paid to the borrower's beneficiary. B Sale of this product requires a securities license. If a law is new but its interpretation is vague, can the courts directly ask the drafters the intent and official interpretation of their law? Explain the following actions by agents that are a. A) It would not occur in a deferred annuity Try testing yourself before you read the chapter to see where your strengths and weaknesses are, then test yourself again once you've read the chapter to see how well you've understood. A) Variable life After the period of increase the premiums will D It will decrease for the new 5-year term since the insured is now a lesser risk to the company. B The face amount steadily declines throughout the duration of the contract. A Dividend Napa Legend Premium Battery Review, C) The annuitant must be a natural person The variables are specially used inside the case of algebraic expression or algebra. B) If the annuitant dies after receiving 12 monthly income payments. B $40,000 A The company's general account C Decrease again. The Securities Act of 1933 ruled that applicants for a variable product must receive a prospectus. B Creditor is the insured. Coming new to a python 3.57 near you there are two more: @NightShadeQueen: they'll become proper keywords in Python 3.7. Im Technologiezentrum Freistadt B Whole life 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. 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 The premium mode D) A Retirement Annuity is a form of Decreasing Term. (A) It is written with a master policy for members of qualified groups(B) A group member is prohibited from assigning incidents of ownership(C) Group life rates are generally higher than those for individual policies(D) Only the group member can pay the premiums for the group policy, (A) It is written with a master policy for members of qualified groups. C Guaranteed Insurability Rider Which of the following will have to meet an insurable interest requirement in order for a policy to issue? All of the following statements are correct about policy loan interest rates EXCEPT: (A) an insurance company can charge a fixed rate of interest up to a maximum of 10%, with some restrictions(B) an adjustable interest rate can be used if the insurance company follows a national corporate bond index(C) an adjustable interest rate can be used if the limit is based on the average monthly published interest rate set by Moodys(D) policy loan interest rates were set by the Office of Insurance Regulation in 1933 and may not be changed, (D) policy loan interest rates were set by the Office of Insurance Regulation in 1933 and may not be changed. But even environmentally friendly snacks require resources. 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. All of the following are true about variable annuities except. These elements include scorecards and customized action plans that empower employees and recognize their achievements. D Half at the first death, and half at the second death. A Increasing term Which type of life insurance provision/rider does this describe? What would be the right policy for this client? A Decreasing Term Policy. B The premium is lower in the first year of the policy; then it is gradually raised every year. C. The cash values are invested primarily in equities. Is it possible to get a list of keywords in Python? Which of the following errors is the most significant problem in measuring insurer profitability? B Variable life 19) The cost of electricity used in the production of multiple products would be classified as a indirect cost. Answer: D LO: 1 Type: RC. D Allowable amount of coverage is determined by the State Insurance Commissioner. C. D. Variable costs change with changes in output. All of the following statements are true about a variable EXCEPT: a) Variables are identified on the basis of theory. Buddha Twitch Age, A) Renewable I'm aware that some keywords are verboten as variables. (A) The insurance company must notify the group policyowner(B) The policyowner must notify the department of the cancellation(C) The insurance company must notify the group members (but may request this to be done by the policyowner)(D) The policyowner must notify the group members, (B) The policyowner must notify the department of the cancellation, (A) covers all full-time employees of a single employer(B) insures the debtors of one lender(C) covers students participating in sports(D) insures employees of two or more employers, (D) insures employees of two or more employers. C Discounted. What type of life insurance policy would be best suited to this situation? B) It is the period during which the annuity payments earn interest C Flexible premium. Proper way to declare custom exceptions in modern Python? C Return of premium Which of the following is true? D Universal Life - Option B. 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. The policy contains the optional Payor Benefit rider. A monopolist produces 14,000 units of output and charges $14 per unit. C $100,000 B It will increase because the insured will be 5 years older than when the policy was originally purchased. B It usually develops cash value by the end of the third policy year. B The type of investment. t will increase because the insured will be 5 years older than when the policy was originally purchased. A) The insurance company keeps a percentage of the returns A continuous random variable takes on all the values in some interval of numbers. Required a premium increase each renewal. A Borrower Monthly, Quarterly, Annually, etc. Which rider is attached to the policy? The payable premium amount steadily declines throughout the duration of the contract. Numro Virtuel Algrie Gratuit, The question addresses when the actual receipt of benefits from an annuity begins. C) The premium mode A) Annuities do not use the pooling technique to spread risk. B) It is the period during which the annuity payments earns interest B) The face amount steadily declines throughout the duration of the contract I'd add a note specifying that builtins names are not illegal variable names, though their usage is discouraged (for obvious reasons). 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. Answer A is correct. Which of the following is NOT required when a group life insurance policy is cancelled? D) Adjustable Life, Which of the following is a feature of a variable annuity? Sciences, Culinary Arts and Personal 2003-2020 Chegg Inc. All rights reserved. b) Variables can take the form of observations of an organism or different experimental conditions in a study. (A) They are regulated by the Chief Financial Officer(B) No plan may qualify for favorable tax treatment(C) Only funding and participation methods are regulated(D) Federal ERISA regulations override Florida law, (D) Federal ERISA regulations override Florida law. D) Decreasing term, The term "fixed" in a fixed annuity refers to all of the following EXCEPT What can a lawyer do if the client wants him to be aquitted of everything despite serious evidence? D The minimum death benefit is guaranteed. B Family income Do You Wash Off Lactic Acid The Ordinary, Which of the following are the three major goals of insurance rate regulation? a. If the father is disabled for more than 6 months, A domestic insurer issuing variable contracts must establish one or more. From the keywords section in the Python docs: The following identifiers are used as reserved words, or keywords of C Level Term Scientists try to figure out how the natural world works.To do this they use experiments to search for cause and effect relationships. 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. C $50,000 C) Annual Renewable Term C A general account. Connect and share knowledge within a single location that is structured and easy to search. 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
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