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Chapter 4 – Variable Life Insurance Review Questions (CLONE TEST)

Posted on 01.04.22

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  1. Question 1 of 5
    1. Question

    The SEC requires all insurance agents who sell variable life insurance to hold which of the following licenses?

  2. Question 2 of 5
    2. Question

    What type of life insurance policy does not provide any guarantees in connection with the policy’s interest rate or minimum cash value?

  3. Question 3 of 5
    3. Question

    Insurers establish _____ when they issue insurance policies that are also registered securities such as variable life insurance contracts.

  4. Question 4 of 5
    4. Question

    Before selling a variable life insurance policy, an agent must provide the prospect with which of the following documents to disclose all provisions contained in the contract?

  5. Question 5 of 5
    5. Question

    Which of the following risks does the owner of a variable life insurance policy assume?

Categories: Life & Health, Master Copy

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