LLQP 무료 덤프문제 온라인 액세스

Eric is an architect who owns his own firm. He employs three staff and is in his fifth year of operation. While recently meeting with his insurance agent for an annual review of his coverage, he mentioned to the agent that he had recently purchased a new printing system and has a sizeable loan on it. In the event of disability, what type of insurance coverage could the agent suggest to ensure the loan payments are made?

• A.Key person disability insurance.
• B.Business overhead expense disability insurance.
• C.Business loan protection disability insurance.
• D.Disability buyout insurance.

Becky opened a small bakery five years ago. Although she struggled at first, her business hasbecome increasingly successful. Until recently, she only had two full-time employees, but now she hired two more and relocated the store to a busier street. The rent is higher, and so are the profits. As the bakery expands, however, Becky is becoming increasingly concerned about what would happen to it if she became unable to work-even for just a few months-due to an illness or an injury. Which one of the following options would most suitably protect Becky's business against such a risk?

• A.Personal disability insurance.
• B.Business overhead expense insurance.
• C.Self-funding arrangement.
• D.Disability buyout insurance.

Arianna, a healthy 61-year-old university professor, is retiring this year and wants to transfer the funds she accumulated in her registered retirement savings plan (RRSP) into an annuity. She is looking at different options and would like to know which of the following annuities will pay the highest monthly benefit.

• A.A life annuity
• B.A joint life annuity
• C.A life annuity with a 10-year guarantee
• D.An indexed annuity

Luc is married and the father of two teenagers. His annual salary is $60,000. His wife Marie works part-time with an annual salary of $24,000. The family's monthly expenses are $3,500. Luc and Marie are not members of any group benefit plan. What is the minimum monthly amount of disability insurance coverage that Luc needs to cover his risk of disability?

• A.$5,000
• B.$1,500
• C.$3,500

Xavier meets and fills out an application form with Jose, an insurance representative, because he would like to purchase a critical illness insurance policy. When Jose asks Xavier about his alcohol consumption, Xavier admits he regularly drinks 10 beers a day.
What is the next step in the application process?

• A.The insurance company will automatically refuse the application.
• B.The insurance company will accept the application with an exclusion for alcohol consumption.
• C.Xavier will have to fill out a questionnaire detailing his alcohol consumption.
• D.Jose should refuse the request.