Ok-Life-Accident-and-Health-or-Sickness-Producer 試験問題を無料オンラインアクセス

Premiums paid by the insured for personally owned disability income insurance are

• A.not tax deductible.
• B.tax deductible.
• C.partially tax deductible.
• D.tax deferred.

In a life insurance cash value policy, the automatic premium loan provision authorizes the insurance company to withdraw from the policy's cash values the amount of

• A.premiums needed to terminate the policy.
• B.interest owed by the insured on outstanding policy loan amounts not repaid at the policy's maturity date.
• C.premiums due if the premium has not been paid by the end of the grace period.
• D.any outstanding loans from any policies insured with the same insurance company.

Transacting insurance includes any of the following EXCEPT

• A.gathering prospective buyer information.
• B.preliminary negotiations.
• C.delivering insurance contracts.
• D.selling insurance.

A newly hired employee gives his enrollment form to his employer, but due to an administrative error, it is never forwarded to the insurance company. The error is detected 3 months later. What will happen if the clerical error provision is in effect?

• A.The employee will have to wait until the next open enrollment period to enroll in the plan.
• B.The employee will be allowed to submit an enrollment form and all past due premiums, and will be retroactively insured.
• C.The employer will be required to pay the past due premiums.
• D.The employee will be allowed to submit a new enrollment form and will be enrolled as of the date the new form is accepted.

The ownership provision of a life insurance policy states that during the insured individual's lifetime, the rights and privileges belong to the

• A.owner only
• B.insured individual only
• C.insured individual's family
• D.beneficiaries