OH-Life-Agent-Series-11-44 무료 덤프문제 온라인 액세스

Which of the following is a provision in an interest-sensitive life policy which allows the policyowner to
withdraw the policy's cash value Interest free?

• A.Automatic Premium Loan.
• B.Spendthrift Clause.
• C.Waiver of Premium.
• D.Partial Surrender.

To receive proceeds from a death benefit, a minor

• A.must be at least 16 years old.
• B.must have an appointed guardian.
• C.must be related to the insured.
• D.can only be named as a contingent beneficiary.

What annuity payout option has no additional payouts regardless of when the annuitant dies?

• A.Life only.
• B.Cash refund.
• C.Life certain.
• D.Installment refund.

Loans may generally be obtained against the cash value of a personal life Insurance policy and policy loan
proceeds

• A.are subject to Federal estate tax.
• B.are not treated as taxable income.
• C.accelerate the benefits under the policy.
• D.generate nontaxable interest income.

The PRIMARY reason for purchasing life Insurance Is to provide

• A.death benefits.
• B.safety of principal.
• C.retirement Income.
• D.college tuition.