Life Insurance Quizzes, Questions & Answers
Recent Quizzes
This quiz focuses on specific regulations and practices in life insurance, assessing knowledge on topics like annuity contract replacements, qualifications for certificates, and policy conditions. It's designed for professionals...
Questions: 15 | Attempts: 3252 | Last updated: Mar 22, 2023
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Sample QuestionWithin what time, must a proposing producer be aware that an annuity contract will be replaced?
Welcome to a helpful quiz on federal tax considerations for life insurance and annuities, where you’ll be able to learn all about the topic with questions on modified endowment contracts, policyholders, tax deduction and...
Questions: 15 | Attempts: 2402 | Last updated: Mar 21, 2023
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Sample QuestionIf there is a material change in a Modified Endowment Contract:
The topic of life insurance can be hard to talk about, given that we generally don’t like to imagine a world where we are no longer living – but if you wish to be able to provide for your loved ones when you move on...
Questions: 7 | Attempts: 3879 | Last updated: Mar 22, 2023
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Sample QuestionWhich of the following is guaranteed to the policy owner through Non-Forfeiture values?
Insurance companies were created to ensure that customers are cushioned from the repercussions of a risk occurring. Life insurance is a contract in which a person’s beneficiaries get some paint after the insured`s death....
Questions: 7 | Attempts: 4787 | Last updated: Mar 22, 2023
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Sample QuestionAn insured wants to purchase a policy with 3 key features: flexible premium, death benefits, and the choice of how the cash value will be invested. The insured should purchase:
Explore key aspects of Disability Income and Related Insurance in this quiz. Understand tax implications, benefit qualifications, and occupation definitions in disability policies, alongside incentives for returning to work...
Questions: 23 | Attempts: 1890 | Last updated: Feb 9, 2024
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Sample QuestionA corporation is the owner and beneficiary of a Key Person disability policy. If the corporation collects the policy benefit, then:
This California life insurance quiz assesses knowledge on risk concepts, types of insurers, and the law of large numbers. It is designed for learners to understand insurance fundamentals and the mechanics of risk prediction in...
Questions: 51 | Attempts: 1675 | Last updated: Jul 17, 2024
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Sample QuestionWhich of the following best describes teh concept of risk?
Explore key aspects of life insurance policies, including provisions, ownership types, and assignments. Learn who is responsible for premiums, the implications of third-party ownership, and how to reinstate a lapsed policy. Ideal...
Questions: 12 | Attempts: 241 | Last updated: Mar 20, 2023
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Sample QuestionThs person is responsibile for paying the policy premuim and must have an unsurable interest in the insured at the time of the application.
Life Insurance- Test 1 assesses understanding of key insurance concepts, focusing on life insurance, annuities, risk diversification, and risk transference. It evaluates knowledge crucial for professionals in the insurance...
Questions: 50 | Attempts: 1105 | Last updated: Oct 13, 2023
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Sample QuestionBased on mathematical calculations of life expectancy and provides a sum of money when the insured person dies.
Explore the essentials of life insurance with this engaging trivia quiz! Understand what life insurance is, its benefits during life, and its accessibility through employers. Learn historical insights and real-life applications,...
Questions: 10 | Attempts: 184 | Last updated: Mar 20, 2023
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Sample QuestionWhat is life insurance?
The following Test is broken into 5 sections:1. Life Insurance Basics (Questions 1-8)2. Sun Life Financial Product (Questions 9-26)3. Process (Questions 27-38)4. Selling (Questions 39-55)5. Illustrations (Questions 56-70)
Questions: 70 | Attempts: 754 | Last updated: Mar 20, 2023
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Sample QuestionWhat is insurance?
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