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Question 1 of 10
1. Question
The gross premium is:
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Question 2 of 10
2. Question
The insurer’s obligation to pay claims are conditioned upon certain acts, such as:
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Question 3 of 10
3. Question
The most common payout of death benefits is by __________.
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Question 4 of 10
4. Question
Generally, what employees are eligible for group coverage?
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Question 5 of 10
5. Question
Which IRS provision allows an exchange pf a policy for a new one insuring the same person without paying tax on investment gains earned under the original contract?
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Question 6 of 10
6. Question
The __________ a person, the __________ mortality risk.
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Question 7 of 10
7. Question
Which of the following is not a source of information for underwriters?
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Question 8 of 10
8. Question
What are the three basic functions of a life insurance company?
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Question 9 of 10
9. Question
__________ option permits the death benefit to be distributed in more than one payment of a fixed amount that is either originally specified by the policy owner or selected by the beneficiary.
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Question 10 of 10
10. Question
Under US law, the first __________ of employer-provided group term life insurance is non-taxable to the employee.
