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- Which of the following items is required by the Life Insurance and Annuity Replacement Rule? A. A Notice Regarding Replacement of Life Insurance or Annuity B.A Notice Regarding Insurance Producer Compensation Schedule C.A Statement of Ethical Practices D. A Comparative Information formWhich of the following is not an insurance management tool? Group of answer choices deductibles. screening of applicants. limits on insurance. restrictive covenants. signalling.Which of the following insurance types is dissimilar to the other three options? а. Motor insurance b. Personal property insurance С. Life insurance d. Fire insurance
- Loans are available from term life insurance policies. a. True b. False Group of answer choices True Falseis it still beneficial for a person to have an insurance policy? Explain your answerin detail.How does life insurance and non life insurance saves the assets of its pilicy holders? And Cite (3) examples.
- Discuss in a report of , the following points: 1- Concept and types of insurance with a brief explanation of each typWhich type of insurance is not deductible as self-employed health insurance? a. Long-term care insurance O b. Medical insurance Oc. Disability insurance Od. Dental insurance Oe. Spousal medical insuranceIt pertains to a risk management technique when acquiring a life insurance. *risk avoidancerisk retentionrisk transferanswer not given
- What is meant by the expression, “The policyholder gets the benefit of the doubt,” in connection with any interpretation of the provisions of the life insurance policy?why has insurance delined as arisk fincaing techniqueA "waiver-of-premium” clause: Select one: a. allows the person to purchase additional insurance at no extra cost means the insured will receive the cash value immediately allows an insurance agent to pay your premiums b. C. O d. waives the suicide clause e. pays premiums in the event of illness or disability Clear my choice