PA-Life-Accident-and-Health 무료 덤프문제 온라인 액세스

A condition in a cash value life insurance policy that allows a policyowner to terminate the policy in return for a reduced paid-up policy of the same type is referred to as

• A.a nonforfeiture provision.
• B.a reinstatement clause.
• C.an incontestable clause.
• D.a grace period.

An insured added a cost of living rider to his life insurance policy to ensure his death benefit increases in accordance with

• A.family growth.
• B.the stock index.
• C.the inflation index.
• D.his salary.

For the insured, what changes are made to both coverage and premiums under the Consolidated Omnibus Budget Reconciliation Act (COBRA) coverage in comparison to the original group coverage?

• A.Coverage remains the same, while premiums increase.
• B.Out-of-pocket expenses remain the same, while coverage decreases.
• C.Coverage and premium expenses remain the same.
• D.Out-of-pocket expenses increase, while coverage decreases.

Which of the following circumstances may be grounds for suspending an insurance license?

• A.failure to follow insurer's underwriting rules
• B.conviction of a summary offense
• C.failure to maintain records for 5 years
• D.conviction of a felony

Which activity does NOT require an insurance producer's license?

• A.Selling
• B.Underwriting
• C.Soliciting
• D.Negotiating