Life Insurance Flashcards

Decks in this Class (19):

• Ethics

  Ethics

  Sample Cards:

  the insurance industry is regulated by w,

  the codes of ethics usually will place w,

  can an heir of a licensed agent receive
  19 Cards
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• History Of Insurance Lesson 1

  History Of Insurance – Lesson 1

  Sample Cards:

  what is the mechanism of insurance,

  the principle of indemnity has to do wit,

  concerning the law of large numbers what
  24 Cards
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• Insurance Companies Lesson 2

  Insurance companies – Lesson 2

  Sample Cards:

  who is an admitted insurer,

  what is an admitted insurer,

  who writes the insurance code
  40 Cards
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• Economic Basis Lesson 3

  Economic basis – Lesson 3

  Sample Cards:

  what type of policy contains living bene,

  it is common practice for policy loans t,

  a single premium whole life policy endow
  28 Cards
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• Policy Options Riders Lesson 5

  Policy options & riders – Lesson 5

  Sample Cards:

  an insurer pays a refund from the surplu,

  accidental death benefits provides for a,

  what are some of the nonforfeiture optio
  26 Cards
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• Policy Provisions Lesson 4

  Policy provisions – Lesson 4

  Sample Cards:

  the entire contract is considered to be,

  a benefit of a policy loan is it that no,

  any assignment of a policy must be appro
  24 Cards
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• Underwriting Lesson 6

  Underwriting – Lesson 6

  Sample Cards:

  the applicant insured and policy owner c,

  when using a nonmedical application for,

  what act was passed in 1970 to safeguard
  25 Cards
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• Group Life Insurance Lesson 7

  Group life insurance – Lesson 7

  Sample Cards:

  what is a disadvantage of group insuranc,

  what is the time period called when an e,

  the amount of insurance provided by empl
  19 Cards
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• Tax Considerations Lesson 8

  Tax considerations – Lesson 8

  Sample Cards:

  what are accelerated benefits,

  upon receiving an annuity payments the e,

  proceeds from a life insurance policy
  16 Cards
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• Business Insurance Lesson 9

  Business insurance – Lesson 9

  Sample Cards:

  in a partnership cross purchase agreemen,

  what type of plan involves a sharing of,

  key person insurance
  10 Cards
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• Annuity Lesson 10

  Annuity - Lesson 10

  Sample Cards:

  a period of time in which a deferred ann,

  a life annuity with period certain pays,

  what is true about a variable annuity
  22 Cards
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• Retirement Plans Lesson 11

  Retirement Plans – Lesson 11

  Sample Cards:

  what federal act passed in 1974 to prote,

  only nonqualified plans must have vestin,

  what is an employee stock ownership plan
  20 Cards
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• Health Insurance Lesson 12

  Health Insurance – Lesson 12

  Sample Cards:

  in california the word disability encomp,

  hmos come under the regulation of,

  organizers of hmos include commercial in
  13 Cards
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• Medical Expense Ins Lesson 13

  Medical Expense Ins. – Lesson 13

  Sample Cards:

  when two or three family members can sat,

  what are the two major categories of hea,

  surgical benefits are paid based on what
  14 Cards
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• Disability Income Lesson 14

  Disability Income – Lesson 14

  Sample Cards:

  a disability income policy would do what,

  when a person who has been receiving dis,

  what is the time span called between the
  13 Cards
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• Accidental Death Ins Lesson 15

  Accidental Death Ins. - Lesson 15

  Sample Cards:

  does the eye have to be removed to quali,

  the benefit amount paid to the insured f,

  the amount paid for accidental death is
  7 Cards
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• Health Insurance Lesson 16

  Health Insurance – Lesson 16

  Sample Cards:

  the uniform individual accident and sick,

  are insurance companies required to use,

  how many mandatory and optional provisio
  17 Cards
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• Health Ins Underwriting Lesson 17

  Health Ins Underwriting - Lesson 17

  Sample Cards:

  health insurance industry are concerned,

  what is morbidity,

  and applicant s lifestyle can affect ins
  14 Cards
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• Insurance Code

  Insurance Code

  Sample Cards:

  a life agent must maintain records regar,

  when an insurer endorses rejects decline,

  concealment entitles the injured party t
  23 Cards
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