Life-Producer 試験問題を無料オンラインアクセス

A policyholder uses a Section 1035 exchange to replace an existing life insurance policy. If the new policy is later surrendered, the gain realized on termination is taxed as:

• A.A deferred capital gain
• B.Ordinary income
• C.A capital gain
• D.Ordinary income plus a 10% surcharge

Splitting the commission with the buyer on a sale of insurance is an unfair trade practice known as:

• A.Soliciting
• B.Binding
• C.Rebating
• D.Twisting

A producer is prohibited from:

• A.Allowing an applicant to sign a blank or incomplete application
• B.Splitting commissions with a licensed nonresident producer who has jointly sold a policy
• C.Countersigning a policy sold in Maryland
• D.Selling insurance to family members

All of the following are common underwriting factors used by life insurance companies EXCEPT:

• A.Driving record
• B.Family health history
• C.Ethnic heritage
• D.Amount of insurance applied for

Which advantage does an employer gain by providing a qualified retirement plan, as contrasted to a non- qualified plan?

• A.The employer's contributions to the plan are tax deductible
• B.The plan funds are available for general business needs
• C.It can be designed for the exclusive benefit of several key employees
• D.It is useful in rewarding selected employees for good work performance