policy TEST

an individual purchases a life insurance policy and lists his parents as the beneficiaries, he is able to Chang beneficiaries at any time, what type of beneficiary designation does the policy have? a. irrevocable b contingent c. primary d.revocable

d.revocable a revocable beneficiary can be changed by the policy owner at any time.

an agent delivers a policy to an applicant, who pays the initial premium but refuses to submit a statement of Good Health. which of the following terms best describes what the applicant has violated? A. adhesion B. contractual agreement C. consideration D. representation

. continue to increase. The binding force in any contract is consideration. consideration on the part of the insured is the payment of premiums and the health representations made in the application. consideration on the part of the insurer is the promise to pay in the event of loss.

A distribution from an employer-sponsored retirement plan or from an IRA is eligible for a tax-free rollover if it is reinvested in an IRA within A. 60 DAYS. B. 90 DAYS. C. 100 DAYS. D. 30 DAYS

A. 60 days. To be eligible for a tax-free rollover, the distribution must be reinvested in an IRA within 60 days following the distribution and the plan participant must not take actual physical receipt of the distribution. unless the entire amount is rolled over, the part retained will be taxed as ordinary income.

if a person is compensated for a testimonial in an advertisement, which of the following statements should be included in the advertisement? A. "the author is the employee of the insurer" B. " paid endorsement" C. "commissioned advertisement" D. "insurer is not responsible for the contents of the testimonial"

B. "paid endorsement" The ad must disclose whether the person making the testimonial has a financial interest in the insurer. if the person is compensated, the testimonial must include "paid endorsement" or similar language B."带薪背书" 广告必须披露提供证明的人在保险人中是否有经济利益。 如果该人得到了补偿，则证明书必须包括"带薪背书"或类似语言

an insured takes a policy loan from a whole life policy. during repayment, the interest rate changes significantly. which scenario is most accurate? A. an insurer cannot terminate coverage under an existing policy during a policy year in which the interest rate increased and subsequently caused the policy to lapse. B. an insured can change his variable interest rate to a fixed interest rate matching the rate quoted when he first took the policy loan, with a 2% penalty assessed at repayment. C. the insurer any file a hardship and terminate coverage without repaying the loan. D. an insurer can terminate coverage under an existing policy during a policy year in which the interest rate increased and subsequently caused the policy to lapse.

A. an insurer cannot terminate coverage under an existing policy during a policy year in which the interest rate increased and subsequently caused the policy to lapse. The insurer will notify the policy holder of the initial interest rate at the time of the first policy loan and of any change in interest rate at least annually. an insurer cannot terminate coverage under an existing policy during a policy year in which the interest rate increased and subsequently caused the policy to lapse.

Sammie is an agent with an insurer who markets numerous annuity products. Sammie is hoping to sell a certain product because the commissions are very lucrative. the client called sammie and all the sammie knows is the client has " a lot of money to invest". which of the following BEST describes what Sammie should consider in the is situation prior to taking any application from the client? A. is this investment suitable for the client based on her situation? B. Will the client refuse to provide the correct and needed suitability information? C. the client's knowledge of how annuity commissions are paid D. is this product going to guarantee the client the result she needs?

A. is this investment suitable for the client based on her situation? while it is important for a client to provide the truthfully provide the needed information to an agent, an agent is responsible for making a determination of suitability based on the information provided by the client.

what is the difference between a straight life policy and a 20-pay whole life policy? A. premium payment period B. the benefit settlement option C. the face amount and cash value D. policy maturity date

A. premium payment period A Limited-pay whole life policy, just like straight life, endows for the face amount if the insured lives to age 100. the premium is however, completely paid off in 20 years.

simply stated, the purpose of regulating life insurance and annuity contract replacement is A. to ensure that minimum standards of marketing conduct are being met by the insurers and their agents. B. to establish and provide minimum standards of sales production quota for major insurers. C. enable agents to maintain a continual marketing process with existing clients. D. to allow insurers an opportunity to market products with enhanced benefits to a larger market.

A. to ensure that minimum standards of marketing conduct are being met by the insurers and their agents. the goal of replacement regulation is to ensure that the public's financial interests are being protected in the replacement process and that any replacement has a valid purpose.

if a policyholder takes a policy loan after the 4th year of the policy and dies before the loan is repaid, what portion of the death benefit will be paid? A. If a policy loan is outstanding at the time of death, no death benefit will be paid until the loan is repaid from the estate of the insured. B. any outstanding policy loan balance plus interest will be deducted from the policy death benefit. C. the full death benefit will be paid. D. any outstanding policy loan balance plus interest, plus 7.5% of the total loan , will be deducted from the policy death benefit.

B. any outstanding policy loan balance plus interest will be deducted from the policy death benefit. any outstanding policy loan balance plus interest will be deducted from the policy death benefit in the case of the death of the insured.

at what time may the insurance commissioner inspect records pertaining to insurance transactions? A. at least 5 years after the transaction B. at any business time in the 3 years immediately following the relevant transaction C. at least 3 years after the transaction D. at any business time in the 5 years immediately following the relevant transaction.

B. at any business time in the 3 years immediately following the relevant transaction. records must be kept available and open to inspection by the Commission, at any business time during the years immediately following the completed transaction.

an insurance company has 30 agents that represent the company n its Northwest region. The agents each have their won satellite office in which they perform the agent duties. Numerous offices have developed marketing campaigns to increase sales. what is the company's duty regarding marketing communications in this example? A. ask the Commission for a temporary approval for the use of any disapproved ads. B. make a file copy of any marketing materials used with the public . C. maintain a client file for each of its insured parties. D. have the agent terminate all marketing campaigns immediately.

B. make a file copy of any marketing materials used with the public . An insurer must maintain a file of any marketing communications that are used with the public and make it available to regulators for inspection at their request.

if a life insurance policy is purchased by someone who has no insurable interest in the insured, it is considered a. third-party ownership b. a specialized policy c. a STOLI policy. d.estate liquidation

C. A STOLI POLICY.

a life insurance agent visits his service member friend on a military base. the friend introduces the agent to his next door neighbor, another service member, and the agent immediately begins a sales presentation. the presentation is A. permitted with the service member's introduction. B. allowed if no sale is made. C. a prohibited practice. D. An unethical practice.

C. a prohibited practice. regardless of location, it is considered a misleading and deceptive practice to solicit life insurance door-to-door to military service members. all sales presentations must be made after a prearranged appointment.

A legally acceptable attempt by an existing insurer to dissuade a current policy owner from the replacement of existing life insurance is called A. rebating B. retention C. conservation. D. solicitation.

C. conservation. conservation means any attempt by the existing insurer or its producers, or by a broker to dissuade a current policy owner from the replacement of existing life insurance or annuity.

which dividend option will increase the death benefit? A. extended term B. reduced paid up C. paid-up additions D. accumulation

C. paid-up additions paid-up additions option uses the dividend to purchase small amounts of the same type of insurance as the original policy. the additional insurance is paid up by the dividend.

all of the following are true of annually renewable term insurance except A. the death benefit remains level. B. the policy must be renewed no matter what happens to one's health. C. proof of insurability must be provided at each renewal. D. the premium increases each year.

C. proof of insurability must be provided at each renewal. ART is a form of level term insurance, in which the death benefit remains level and the policy may be guaranteed to be renewable each year without proof of insurability, but the premium increases annually according to the insured;s attained age.

a whole life policy is surrendered for a reduced-paid up policy. the cash value in the new policy will A. remain the same. B. decrease over time. C. reduce to the pre-surrender value. D. continue to increase.

D. continue to increase. the new policy continues to build its own cash value and will remain in force until the insured's death or maturity.

an individual purchases a life insurance policy and lists his parents as the beneficiaries. he is able to change beneficiaries at any time. what type of beneficiary designation does the policy have? A. irrevocable B. contingent C. primary D. revocable

D. revocable A revocable beneficiary can be changed by the policy owner at any time.

what is the difference between a straight life policy and a 20-pay whole life policy? a. premium payment period. b. the benefit settlement option c. the face amount and cash value. d. policy maturity date.

a. premium payment period. a limited-pay whole life policy, just like straight life, endows for the face amount if the insured lives to age 100, the premium is, however, completely paid off in 20 years

an agent delivers a policy to an applicant, who pays the initial premium but refuses to submit a statement of good health, which of the following terms test describes what the applicant has vidated? a. adhesion b. contractual agreement. c. consideration d. representation

c. consideration. the binding force in any contract is consideration. consideration on the part of the insured is the payment of premiums and the health representations made in the application, consideration on the part of the insurer is the promise to pay in the event of loss

A man decided to purchase a $100,000 Annually Renewable Term Life policy to provide additional protection until his children finished college. He discovered that his policy A Decreased death benefit at each renewal. B Required a premium increase each renewal. C Built cash values. D Required proof of insurability every year. Annually Renewable Term policies' premiums are adjusted each year to the insured's attained age; however, the policy may be guaranteed renewable. Death benefits remain level, and as with any term policy, there are no cash values.

一名男子决定购买100,000美元的"年度可续期定期寿险"保单，以提供额外的保护，直到他的孩子完成大学学习为止。 他发现自己的政策 A每次续签都会减少身故赔偿。 B每次续签都需要加价。 C建立的现金价值。 D每年需要可保性证明。 @ B 年度可续期保单的保费每年根据被保险人的年龄进行调整； 但是，可以保证该政策可以更新。 死亡抚恤金保持水平，并且与任何定期保单一样，没有现金价值

Contracts that are prepared by one party and submitted to the other party on a take-it-or-leave-it basis are classified as A Contracts of adhesion. B Unilateral contracts. C Aleatory contracts. D Binding contracts. @ A Insurance policies are written by the insurer and submitted to the insured on a take- it-or-leave-it basis. The insured does not have any input into the contract, but simply adheres to the contract.

一方准备并按保留或保留的原则提交给另一方的合同分类为 A附着力合同。 B单边合同。 C临时合同。 D具有约束力的合同。 保险单由保险人撰写，并采用"保留或保留"的方式提交给被保险人。 被保险人对合同没有任何投入，只是遵守合同。

All of the following forms of policies are exempt from the standard policy regulations for insurers EXCEPT A Structured settlements. B Credit life insurance. C Group life or group annuities where there is direct solicitation. D Group life and annuities used to fund funeral expenses. Direct solicitation policies are not exempted from regulation and must meet certain minimum standards of marketing practices to be used.

下列所有形式的保单均不受保险公司标准保单法规的约束，除了 A 结构化的住区。 B Credit人寿保险。 C团体生活或团体年金，有直接的邀请。 D Group的生活和年金用于支付丧葬费。 @ C 直接征集政策不受管制，并且必须符合要使用的某些最低营销标准。

An insurer neglects to pay a legitimate claim that is covered under the terms of the policy. Which of the following insurance principles has the insurer violated? A Representation B Adhesion C Consideration D Good faith @ C The binding force in any contract is consideration. Consideration on the part of the insured is the payment of premiums and the health representations made in the application. Consideration on the part of the insurer is the promise to pay in the event of loss.

保险人忽视支付保险单条款所涵盖的合法索赔。 保险人违反了以下哪项保险原则？ 表示形式 B附着力 C考量 D诚信为本 @ C 任何合同中的约束力都是要考虑的。 被保险人的考虑因素是保险费的支付和在申请中作出的健康陈述。 保险人的考虑是承诺在发生损失时付款。

A policyowner who is also the insured wants to name her husband as the beneficiary of her life policy. She also wishes to retain all of the rights of ownership. The policyowner should have her husband named as the A Secondary beneficiary. B Contingent beneficiary. beneficiary. D Revocable beneficiary. The policyowner may change a revocable designation at any time and without the consent of the beneficiary. Irrevocable beneficiaries, on the other hand, have a vested interest in the policy, so the policyowner may not be able to exercise certain rights without their consent.

也是被保险人的保单持有人希望将其丈夫命名为其生命保单的受益人。 她还希望保留所有所有权。 投保人应将其丈夫命名为 A第二受益人。 B或有受益人。 C不可撤销的受益人。 D可撤销的受益人。 @ D 投保人可以在未经受益人同意的情况下随时更改可撤销的指定。 另一方面，不可撤销的受益人对该保单享有既得利益，因此，保单持有人未经他们的同意可能无法行使某些权利。

Which of the following is NOT a term for the period of time during which the annuitant or the beneficiary receives income? A Annuitization period B Pay-out period C Liquidation period D Depreciation period The "annuitization period" is the time during which accumulated money is converted into an income stream. It is also referred to as the annuity, liquidation or pay-out period.

以下哪一项不是年金或受益人获得收入的期限？ A年金化期 B付款期 C清算期 D折旧期 "年金化时期"是指累积的货币转化为收入流的时间。 它也被称为年金，清算或支付期。

Which of the following is NOT a term for the period of time during which the annuitant or the beneficiary receives income? A Annuitization period B Pay-out period C Liquidation period D Depreciation period The "annuitization period" is the time during which accumulated money is converted into an income stream. It is also referred to as the annuity, liquidation or pay-out period.

以下哪一项不是年金或受益人获得收入的期限？ 年金化期 B付款期 C清算期 D折旧期 @ D "年金化时期"是指累积的货币转化为收入流的时间。 它也被称为年金，清算或支付期。

Which of the following individuals must have insurable interest in the insured? A Beneficiary B Underwriter C Producer D Policyowner @ D The policyowner must have an insurable interest in the insured (his/her own life if the policyowner and the insured is the same person), or in the life of a family member or a business partner.

以下哪个个人必须对被保险人具有可保利益？ 受益人 包销商 C制作人 DP政策所有者 不对！ 投保人必须对被保险人（如果投保人和被保险人是同一个人，则是他/她自己的生命）或家庭成员或商业伙伴的生命具有可保利益。

Which of the following best describes the aleatory nature of an insurance contract? A Policies are submitted to the insurer on a take-it-or-leave-it basis B Exchange of unequal values C Only one of the parties being legally bound by the contract D Ambiguities are interpreted in favor of the insured An aleatory contract is a contract in which unequal amounts or values are exchanged. The amount of premium the insured pays is much less than the potential loss assumed by the insurer.

以下哪项最能描述保险合同的临时性质？ A保单是采用"保留还是保留"的原则提交给保险人的 B不等值的交换 C只有一方受合同法律约束 D歧义被解释为有利于被保险人 @ B 临时合同是交换不相等数量或价值的合同。 被保险人支付的保费金额远小于保险人承担的潜在损失

All of the following would be considered an insurance transaction EXCEPT A Advising a policyholder regarding a claim. B Negotiating coverage. C Obtaining an insurance license. D Soliciting a policy. @ C An insurance transaction means the carrying on of business in insurance, which could include the solicitation of a policy, advising, negotiation, or inducement related to coverage or claims. Obtaining an insurance license is a prerequisite to transacting insurance.

以下所有条件均视为保险交易 A向索赔人就索赔提出建议。 B谈判范围。 C获得保险执照。 D提出政策。 保险交易是指从事保险业务，其中可能包括征求与保险或索赔有关的保单，建议，谈判或诱使。 获得保险许可证是办理保险的先决条件。

When would a misrepresentation on the insurance application be considered fraud? A Never: statements by the applicant are only representations. B When the application is incomplete C Any misrepresentation is considered fraud. D If it is intentional and material @ D A misrepresentation would be considered fraud if it is intentional and material. Fraud would be grounds for voiding the contract.

何时将保险申请中的虚假陈述视为欺诈？ A永不：申请人的陈述仅是陈述。 B当申请不完整时 C任何虚假陈述均被视为欺诈。 D是否故意和重大 不对！ 如果虚假陈述是故意和重大的，则将其视为欺诈。 欺诈将成为取消合同的理由。

Upon policy delivery, the producer may be required to obtain any of the following EXCEPT A Payment of premium. B Delivery receipt. C Signed waiver of premium. D Statement of good health. @ C The policy does not go into effect until the premium has been collected. If the premium was not collected at the time of the application, the producer may also be required to get a Statement of Good Health from the applicant at the time of policy delivery. Waiver of premium is a rider that can be added to a life insurance policy, and not something to be obtained from the applicant.

保单交付后，可能会要求生产者获得以下任何一项除外 A支付保费。 B交货收据。 C签字的保费豁免。 D声明身体健康。 该政策要到收取保费后才生效。 如果在申请时未收取保险费，则生产者也可能被要求在保单交付时从申请人处获得"良好健康声明"。 保费减免是可以加入人寿保险单中的附加险，而不是可从申请人那里得到的东西。

Policy Loans All individual life insurance policies, with the exception of extended term policies, must have a provision that allows policyholders to borrow any cash values up to the cash surrender value amount, after the policy has been in force for 3 years. Each individual policy must contain a policy loan interest rate provision that allows for one of the following: A maximum fixed interest rate not to exceed 8% per year; or An adjustable interest rate established by the insurer as permitted by law. If adjustable, the interest rate may not exceed the greater of The Published Monthly Average for the calendar month ending 2 months before the date on which the rate is determined; or The rate used to compute the cash surrender values plus 1% per year. The maximum interest rate for each policy must be calculated at regular intervals, at least every 12 months, but not more than every 3 months. Rates will be increased or decreased if the calculations according to the Published Monthly Average or the cash surrender value rates would raise or lower rates 1/2% or more per year. The insurer will notify the policyholder of the initial interest rate at the time the policy loan is made, and then of any change in interest rate at least annually. An insurer cannot terminate coverage under an existing policy during a policy year in which the interest rate increased and subsequently caused the policy to lapse. Policy loan also includes any premium loan that is made under a policy to pay one or more premiums that were not paid when due. An insurer may also add any unpaid interest on an existing loan as part of a new policy loan. Any outstanding policy loan balance plus interest will be deducted from the policy death benefit after the death of the insured.

保单贷款 除定期保单外，所有个人寿险保单均必须有一项规定，允许保单持有人在保单生效3年后借入不超过现金退还值的现金值。 每个单独的保单必须包含一个保单贷款利率规定，该规定允许以下条件之一： 每年最高固定利率不超过8％；要么 保险人依法确定的可调整利率。 如果可调，利率不得超过 确定费率日期前两个月的日历月的已发布每月平均值；要么 用于计算现金退还值的费率，每年加1％。 必须定期（至少每12个月但不超过每3个月）计算每份保单的最高利率。如果根据已发布的月平均数或现金退还价值率每年将利率提高或降低1/2％或更高，则利率将提高或降低。 保险公司将在发出保单贷款时将初始利率通知保单持有人，然后至少每年一次将利率变化通知保单持有人。在利率上升并随后导致保单失效的保单年度，保险公司无法终止现有保单的承保范围。 保单贷款还包括根据保单支付的一项或多项在到期时未支付的保费的保费贷款。保险公司还可以将任何未付利息添加到现有贷款中，作为新保单贷款的一部分。被保险人死亡后，任何未偿还的保单贷款余额加上利息将从保单死亡利益中扣除。

Insurer's Responsibilities It is the insurer's responsibility to make sure that all marketing communication is truthful and not misleading both in fact and by implication. The content of any marketing material must be accurate, complete and clear. Marketing communications regulations include, but are not limited to the following: Information that is required to be disclosed cannot be minimized, obscured, or presented in an ambiguous way; Omissions of material information is not allowed; If statistical information is included, it must accurately reflect recent and relevant facts, and identify the source; Unfair or inaccurate comparisons of policies, benefits, dividends or rates are not allowed; Be clear and not misleading regarding policy premiums, costs and benefits. There are specific disclosure requirements that apply to advertisements for life insurance products distributed in this state: Clearly identify an insurer; Advertisements that do not guarantee policy issue but use the terms nonmedical, no medical examination required, or similar terms must also clearly and prominently state that the policy issuance may depend on answers to health questions; Advertisements for policies with nonlevel premiums must prominently display premiums changes; For level premium policies where the death benefit increases or decreases, advertisements must clearly describe the minimum death benefit; For universal life policies, indicate that the coverage may expire when no premiums are paid after the initial premium or when subsequent premiums are not sufficient to sustain the policy; Advertisements that use testimonials must ensure that the testimonials are genuine, accurately reproduced and represent the author's current opinion. If the person is compensated, the testimonial must clearly state that it's a paid endorsement; and When policies are sold to students, advertising must not imply or indicate endorsement by a school or college unless that is a fact. The use of the following terms is specifically prohibited in advertisements (unless they are true) as they may be misleading to a consumer: For life insurance: investment, profit, interest plan, savings, or similar terms; For benefits and services: free, no cost, or similar; For premiums: deposit, deposit premiums, or investment; For policies with nonguaranteed features: vanish, vanishing premiums; and For an agent/producer: financial planner, investment adviser. All insurers in this state must establish and maintain a system of control over the method of dissemination, content and form of all marketing communications of their policies. All marketing communications, regardless of their source, are the responsibility of the insurer. Insurers must maintain a file of any marketing communications used with the public, subject to the inspection by the Commission. All advertisements must be kept on file for 5 years after the company has stopped using or publishing the advertisement.

保险人的责任 保险公司的责任是确保所有营销沟通都是真实的，并且在事实和暗示上均不会造成误导。任何营销材料的内容都必须准确，完整和清晰。营销传播法规包括但不限于以下内容： 要求披露的信息不能被最小化，模糊化或以模棱两可的方式呈现； 不允许遗漏重大信息； 如果包括统计信息，则它必须准确反映最近和有关的事实，并确定出处； 不允许对政策，收益，股息或利率进行不公平或不正确的比较； 在保费，成本和收益方面要明确且不会引起误解。 有一些特定的披露要求适用于在这种状态下分发的人寿保险产品广告： 明确识别保险人； 不能保证保单问题但使用非医疗，不需要进行体检或类似术语的广告也必须清楚且醒目地声明保单的发布可能取决于对健康问题的回答； 具有非标准保费的保单广告必须突出显示保费变化； 对于死亡利益增加或减少的级别保费政策，广告中必须清楚描述最低死亡利益； 对于万能寿险保单，请指出当初始保费后未支付保费或后续保费不足以维持该保单时，承保范围可能到期； 使用证明书的广告必须确保证明书是真实的，准确复制的，并代表作者当前的观点。如果该人得到了赔偿，则推荐信必须清楚地表明这是一份带薪的背书；和 将政策出售给学生时，除非事实是事实，否则广告不得暗示或表明学校或学院的认可。 广告中特别禁止使用以下术语（除非它们是真的），因为它们可能会误导消费者： 对于人寿保险：投资，利润，利息计划，储蓄或类似条款； 为获得利益和服务：免费，免费或类似； 保费：存款，保证金或投资； 对于无保证特征的保单：消失，保费消失；和 对于代理商/生产者：理财师，投资顾问。 所有处于这种状态的保险公司都必须建立并维持对保险单的所有营销传播方式，内容和形式的控制系统。所有营销传播，无论其来源如何，均由保险公司负责。保险公司必须保存任何与公众进行的营销交流文件，但须经委员会检查。公司停止使用或发布广告后，所有广告均必须保留5年。

An insurance contract must contain all of the following to be considered legally binding EXCEPT A Offer and acceptance. B Consideration. C Competent parties. D Beneficiary's consent. @ D The four essential elements of all legal contracts are offer and acceptance, consideration, competent parties, and legal purpose.

保险合同必须包含以下所有内容，否则具有法律约束力 A要约和接受。 B考虑。 C胜任方。 D受益人的同意。 所有法律合同的四个基本要素是要约和接受，对价，主管当事方和法律目的。

Insurance is a contract by which one seeks to protect another from A Hazards. B Loss. C Exposure. D Uncertainty. Insurance will protect a person, business or entity from loss.

保险是一项旨在保护他人免受伤害的合同 危险。 B损失。 C暴露。 D不确定性。 保险将保护个人，企业或实体免受损失Insurance is a contract by which one seeks to protect another from A Hazards. B Loss. C Exposure. D Uncertainty. Insurance will protect a person, business or entity from loss.

The president of a company is starting an annuity and decides that his corporation will be the annuitant. Which of the following statements is true? A The annuitant must be a natural person. B A corporation can be an annuitant as long as it is also the owner. C A corporation can be an annuitant as long as the beneficiary is a natural person. D The contract can be issued without an annuitant. Owners of annuities can be individuals or entities like corporations and trusts, but the annuitant must be a natural person, whose life expectancy is taken into consideration for the annuity.

公司总裁将开始年金，并决定将其公司作为年金。 下面哪个描述是正确的？ A年金人必须是自然人。 B公司可以是年金人，只要它也是所有者。 C公司可以是年金人，只要受益人是自然人即可。 D该合同可以不带年金的情况下签发。 @A 年金的所有者可以是公司或信托之类的个人或实体，但是年金人必须是自然人，年金的预期寿命会被考虑在内

Which of the following statements is NOT true concerning insurable interest as it applies to life insurance? A A husband or wife has an insurable interest in their spouse. B An individual has an insurable interest in his or her own life. C A debtor has an insurable interest in the life of a lender. D Business partners have an insurable interest in each other. @ C A lender has an insurable interest in the life of a debtor, but only to the extent of the debt. The debtor does not have an insurable interest in the life of the lender.

关于保险利益，以下哪项陈述不正确，因为它适用于人寿保险？ A丈夫或妻子在其配偶中享有可保权益。 B个人在自己的生活中有可保利益。 C债务人在贷方的生命中享有可保权益。 D商业伙伴彼此之间具有可保利益。 正确！ 贷方在债务人的生命中享有可保权益，但仅在债务范围内。 债务人在贷方的生命中没有可保利益。

All of the following are true regarding a decreasing term policy EXCEPT A The payable premium amount steadily declines throughout the duration of the contract. B The death benefit is $0 at the end of the policy term. C The contract pays only in the event of death during the term and there is no cash value. D The face amount steadily declines throughout the duration of the contract. Premiums remain level with a decreasing term policy; only the face amount decreases.

关于减期政策，以下所有条件均成立：EXCEPT A在整个合同期间，应付保费金额稳步下降。 B保单期末的身故赔偿为$ 0。 C该合同仅在合同期内死亡的情况下付款，没有现金价值。 D在整个合同期间，票面金额稳步下降。 @ A 保费随着期限政策的降低而保持不变； 只有面部数量减少。

All of the following are TRUE regarding the convertibility option under a term life insurance policy EXCEPT A Upon conversion, the premium for the permanent policy will be based upon attained age. B Upon conversion, the death benefit of the permanent policy will be reduced by 50%. C Evidence of insurability is not required. D Most term policies contain a convertibility option. Convertible term insurance is convertible without proof of insurability up to the full term death benefit. However, upon conversion, the premium for the permanent policy will be based on the insured's attained age.

关于定期人寿保险单下的可兑换选择权，以下所有条件均为真 A转换后，永久保单的保费将根据其年龄而定。 B转换后，永久保单的死亡抚恤金将减少50％。 C不需要可保证据。 D大多数期限政策都包含可兑换选项 @ B 可转换定期保险可以在没有可保险性证明的情况下转换为最高全额身故保险金。 但是，在转换后，永久保单的保费将基于被保险人的年龄。

A Return of Premium term life policy is written as what type of term coverage? A Renewable B Level C Increasing D Decreasing Return of premium (ROP) life insurance is an increasing term insurance policy that pays an additional death benefit to the beneficiary equal to the amount of the premiums paid.

退货保费期限寿险保单写为哪种类型的期限保险？ A可再生能源 B级 C增加 D递减 @ C 保费返还（ROP）人寿保险是一种递增的定期保险单，它向受益人支付与所支付保费金额相等的额外身故赔偿。

All of the following are TRUE regarding the convertibility option under a term life insurance policy EXCEPT A Upon conversion, the death benefit of the permanent policy will be reduced by 50%. B Evidence of insurability is not required. C Most term policies contain a convertibility option. D Upon conversion, the premium for the permanent policy will be based upon attained age. Convertible term insurance is convertible without proof of insurability up to the full term death benefit. However, upon conversion, the premium for the permanent policy will be based on the insured's attained age.

关于定期人寿保险单下的可兑换选择权，以下所有条件均为真 A转换后，永久保单的死亡抚恤金将减少50％。 B不需要可保证据。 C大多数期限政策都包含可兑换选项。 D转换后，永久保单的保费将根据其年龄而定。 @ A 可转换定期保险可以在没有可保险性证明的情况下转换为最高全额身故保险金。 但是，在转换后，永久保单的保费将基于被保险人的年龄。

Which of the following is TRUE regarding the annuity period? A During this period of time the annuity payments grow interest tax deferred. B It is also referred to as the accumulation period. C It is the period of time during which the annuitant makes premium payments into the annuity. D It may last for the lifetime of the annuitant. The "annuity period" is the time during which accumulated money is converted into an income stream. It may last for the lifetime of the annuitant or for a shorter specified period of time depending on the benefit payment option selected.

关于年金期限，以下哪项是正确的？ A在此期间，年金支付增加了递延的利息税。 B也称为累积周期。 C这是年金年金支付给年金的时期。 D它可能会持续整个年鉴。 @ D "年金期"是指累积的货币转换为收入流的时间。 它可能会持续整个年金人，也可能持续较短的指定时间，具体取决于所选的福利支付选项。

Which of the following is NOT true regarding the accumulation period of an annuity? A It is also known as the pay-in period. B It would not occur in a deferred annuity. C It is the period during which the annuity payments earn interest. D It is the period over which the owner makes payments into an annuity. The "accumulation period" is the period of time over which the annuity owner makes payments (premiums) into an annuity. This is the period of time during which the payments earn interest and grow tax deferred (which would be the case in a deferred annuity).

关于年金的累积期限，以下哪项是不正确的？ A也称为付款期。 B它不会在延期年金中发生。 C这是年金支付赚取利息的时期。 D是所有者支付年金的期限。 @ B "累积期"是年金所有者将年金支付（溢价）的时间段。 在此期间，付款将获得利息并增加递延税款（递延年金就是这种情况）

Key Concepts and Definitions Insurance is a transfer of risk of loss from an individual or a business entity to an insurance company, which, in turn, spreads the costs of unexpected losses to many individuals. If there were no insurance mechanism, the cost of a loss would have to be borne solely by the individual who suffered the loss. The term insurance transaction includes any of the following (by mail or any other means): Solicitation; Negotiations; Sale (effectuation of a contract of insurance); and Advising an individual concerning coverage or claims.

关键概念和定义 保险是将损失风险从个人或企业实体转移到保险公司，这又将意外损失的成本分摊给许多个人。 如果没有保险机制，则损失成本将仅由遭受损失的个人承担。 术语保险交易包括以下任何一种方式（通过邮件或任何其他方式）： 征集； 谈判； 销售（订立保险合同）； 和 就保险范围或索赔向个人提供建议。

Military Sales The purpose of the military sales regulation is to protect active duty service members of the United States Armed Forces from dishonest and predatory insurance sales practices by prohibiting certain false, misleading, deceptive or unfair acts and practices. This regulation applies only to the solicitation or sale of life insurance and annuities to an active duty service member. Active duty means full-time duty in the active military service of the United States, including members of the reserve component who are serving under the orders for active duty or full-time training. The term does not include members of the reserves who are performing active duty under orders specifying periods shorter than 31 calendar days. The military sales regulations do not apply to solicitations or sales involving the following types of insurance or transactions: Credit insurance; Group life insurance or group annuities; Conversion or replacement; Individual stand-alone health policies, including disability income policies; Life insurance contracts offered through or by a nonprofit military association; or Contracts used to fund employee pension or welfare benefit plans.

军售 军事销售法规的目的是通过禁止某些虚假，误导，欺骗或不公平的行为和做法，保护美国武装部队现役军人免受不诚实和掠夺性的保险销售行为的侵害。本条仅适用于向现役军人的寿险和年金的征集或销售。 现役是指在美国现役军人中的全职工作，包括根据现役或全职训练的命令服役的预备役部队成员。该术语不包括根据规定少于31个日历日的命令执行现役的储备金成员。 军事销售法规不适用于涉及以下类型的保险或交易的招揽或销售： 信用保险； 团体人寿保险或团体年金； 转换或更换； 个人独立卫生政策，包括残疾收入政策； 通过或由非营利性军事协会提供的人寿保险合同；要么 用于资助员工退休金或福利计划的合同。

What is a definition of a unilateral contract? A Two or more parties go into a contract understanding there may be an unequal exchange of value. B One author: the company wrote the contract; the insured must accept it as written. C If one party makes a condition, the other party can counteroffer. D One-sided: only one party makes an enforceable promise. @ D An insurance contract is unilateral in that only one of the parties to the contract is legally bound to do anything.

单边合同的定义是什么？ 两个或两个以上的当事方订立合同，了解可能存在不平等的价值交换。 B一位作者：公司签了合同； 被保险人必须接受书面形式。 C如果一方提出条件，另一方可以还价。 D单方面：只有一方作出可强制执行的承诺。 保险合同是单方面的，因为合同的任何一方仅在法律上有义务做任何事情。

The type of policy that can be changed from one that does not accumulate cash value to the one that does is a A Convertible Term Policy. B Renewable Term Policy. C Decreasing Term Policy. D Whole Life Policy. A convertible term policy has a provision that allows the policyowner to convert to permanent insurance.

可以从不累积现金价值的政策更改为可以累积现金价值的政策的类型。 A可转换期限政策。 B可续期政策。 C递减期限政策。 D终身政策。 可转换定期保单有一项规定，允许投保人转换为永久保险。 @ A

ncontestability The incontestability clause prevents an insurer from denying a claim due to statements in the application after the policy has been in force for 2 years, even if there has been a material misstatement of facts or concealment of a material fact. During the first 2 years of the policy, an insurer may contest a claim if the insurer feels that inaccurate or misleading information was provided in the application. The incontestability period does not apply in the event of nonpayment of premiums; it also does not usually apply to statements relating to age, sex or identity.

可竞争性 不可抗力条款可防止保险人在保单生效2年后基于申请表中的陈述拒绝索赔，即使存在重大事实陈述错误或重大事实隐瞒的情况。 在保单的前两年，如果保险人认为申请中提供的信息不正确或具有误导性，则可以对索赔提出异议。 如果没有缴纳保险费，则不可竞争期限不适用； 它通常也不适用于与年龄，性别或身份有关的陈述。

The policyowner of an adjustable life policy wants to increase the death benefit. Which of the following statements is correct regarding this change? A The death benefit can be increased only when the policy has developed a cash value. B The death benefit can be increased only by exchanging the existing policy for a new one. C The death benefit can be increased by providing evidence of insurability. D The death benefit cannot be increased. The policyowner (insured) would need to prove insurability for the amount of the increase.

可调整人寿保险单的保单持有人希望增加身故赔偿。 关于此更改，以下哪个陈述是正确的？ A只有在保单已形成现金价值时，才能增加死亡抚恤金。 B只能通过将现有政策换成新政策来增加死亡抚恤金。 C通过提供可保性证据，可以增加死亡利益。 D无法增加身故赔偿。 保单所有人（被保险人）需要证明增加金额的可保性

Convertible The convertible provision provides the policyowner with the right to convert the policy to a permanent insurance policy without evidence of insurability. The premium will be based on the insured's attained age at the time of conversion.

可转换 可转换条款使保单拥有人有权在无可保证据的情况下将保单转换为永久保险单。 保费将基于被保险人在转换时的年龄。

Items stipulated in the contract that the insurer will not provide coverage for are found in the A Consideration clause. B Exclusions clause. C Insuring clause. D Benefit Payment clause. Exclusions are restrictions of coverage as stated in the policy. @stipulated规定

合同中规定了保险人不提供保险的项目可在 A考虑条款。 B排除条款。 C保险条款。 D福利支付条款。 @ B 保单是政策中规定的承保范围限制。

What required provision protects against unintentional lapse of the policy? A Reinstatement B Grace period C Assignment D Payment of premiums The grace period is the period of time after the premium due date that the policyowner has to pay the premium before the policy lapses (usually 30 or 31 days). The purpose of the grace period provision is to protect the policyholder against an unintentional lapse of the policy.

哪些必要的规定可以防止政策的意外失效？ A恢复原状 B宽限期 C作业 D支付保费 @ B 宽限期是保费到期日之后，保单拥有人必须在保单失效之前支付保费的时间段（通常为30天或31天）。 宽限期条款的目的是保护保单持有人免受意外保单的侵害。

Which life insurance settlement option guarantees payments for the lifetime of the recipient, but also specifies a guaranteed period, during which, if the original recipient dies, the payments will continue to a designated beneficiary? A Fixed-amount B Life income with period certain C Joint and survivor D Single life The life income with period certain option guarantees payments for the life of the recipient and also specifies a guaranteed period of continued payments. If the recipient should die during this period, the payments would continue to a designated beneficiary for the remainder of the period.

哪個壽險結算選項可以保證收款人的整個生命期的付款，還指定了一個保證期限，在此期間，如果原始收款人去世，則該付款將繼續分配給指定的受益人？ A固定金額 B一定時期內的生活收入 C聯合倖存者 D單身生活 @ B 具有一定期限的人壽收入可以保證在接收者的整個生命期內付款，並且還指定了保證的持續付款期限。 如果收款人在此期間死亡，則在剩餘期間內，付款將繼續分配給指定的受益人。

Fixed Annuities A fixed annuity provides the following features: Guaranteed minimum rate of interest to be credited to the purchase payment(s); Income (annuity) payments that do not vary from one payment to the next; and The insurance company guarantees the specified dollar amount for each payment and the length of the period of payments as determined by the settlement option chosen by the annuitant. With fixed annuities, the annuitant knows the exact amount of each payment received from the annuity during the annuity period. This is called level benefit payment amount. A disadvantage to fixed annuities is that the purchasing power that they afford may be eroded over time due to inflation.

固定年金 固定年金提供以下功能： 保证的最低利率记入购买付款； 从一次付款到下一次付款的收入（年金）付款没有变化； 和 保险公司为每次付款保证指定的美元金额，并根据年金者选择的结算选项来确定付款期限。 在固定年金的情况下，年金人知道年金期间从年金收到的每笔付款的确切金额。 这称为级别福利支付金额。 固定年金的一个缺点是，由于通货膨胀，固定年金可能会随着时间的流逝侵蚀其购买力。

The term "fixed" in a fixed annuity refers to all of the following EXCEPT A Amount and length of payments B Death benefit C Guaranteed rate of interest D Equal annuity payments A fixed annuity is fixed in the sense that it provides a guaranteed minimum rate of interest and income payments that do not vary from one to the next. The company also guarantees the specified dollar amount for each payment and the length of the payout period. Annuities do not provide a death benefit.

固定年金中的"固定"一词是指以下所有内容 A付款金额和期限 B死亡抚恤金 C保证利率 D等额年金支付 @ B 固定年金是固定的，因为它提供了保证的最低利息率和收入支付率，而最低利息率和收入支付率之间没有差异。 公司还保证每次付款指定的美元金额和付款期限。 年金不提供身故赔偿。

Which of the following policies would have an IRS required corridor or gap between the cash value and the death benefit? A Universal Life - Option A B Universal Life - Option B C Equity Indexed Universal Life D Variable Universal Life Universal Life Option A (Level Death Benefit option) policy must maintain a specified "corridor" or gap between the cash value and the death benefit, as required by the IRS. If this corridor is not maintained, the policy is no longer defined as life insurance for tax purposes, and consequently loses most of the tax advantages that have been associated with life insurance.

在以下哪些政策中，国税局要求现金价值和身故赔偿之间存在差距或差距？ A环球生活-选项A B环球生活-选项B C股指数环球寿险 D可变宇宙生命 万国寿险选项A（水平身故赔偿选项）保单必须按照IRS的要求，在现金价值与身故赔偿之间保持指定的"走廊"或差距。 如果不维护此通道，则该保单将不再被定义为出于税收目的的人寿保险，因此将失去与人寿保险相关的大多数税收优惠。

In an annuity, the accumulated money is converted into a stream of income during which time period? A Conversion period B Annuitization period C Payment period D Amortization period The "annuitization period" (annuity period) is the time during which accumulated money is converted into an income stream.

在年金中，累积的资金在哪个时间段内转换为收入流？ A转换期 B年金化期 C付款期限 D摊销期 "年金化期"（年金期）是指累积的货币转换为收入流的时间。 @ B

In a case where the primary beneficiary predeceases the insured, in the event of the insured's death, the death benefit proceeds will be paid to A The policyowner. B The insurance company. C The contingent beneficiary. D The insured's spouse. benefit if the primary beneficiary predeceases the insured. If there are no designated beneficiaries surviving the insured, the benefits are paid to the estate of the insured. @ proceeds 前 .前往.继续进行 contingent 队伍 designated 特定

如果主要受益人先于被保险人，则在被保险人死亡的情况下，死亡抚恤金将支付给 A保单持有人。 B保险公司。 C或有受益人。 D被保险人的配偶。 如果主要受益人先于被保险人，则受益。 如果没有指定的受益人在被保险人中幸存，则将利益支付给被保险人的遗产。

If a life policy allows the policyowner to make periodic additions to the face amount at standard rates, without proving insurability, the policy includes a A Guaranteed insurability rider. B Paid-up additions option. C Cost of living provision. D Nonforfeiture option. The Guaranteed Insurability rider allows the policyowner to purchase specific amounts of additional insurance at specific dates or events, without proving continued insurability. Rates for the additions are based upon attained age.

如果人寿保单允许投保人在没有证明可保性的情况下按标准费率定期增加票面金额，则保单包括 A保证可保的骑手。 B付费附加选项。 C生活费用。 D非没收选项。 @ A 保驾护航者允许保单拥有人在特定日期或事件购买特定数量的额外保险，而无需证明持续的可保性。 附加费的标准取决于年龄。

If an applicant for a life insurance policy and person to be insured by the policy are two different people, the underwriter would be concerned about A The gender of the applicant. B The type of policy requested. C Which individual will pay the premium. D Whether an insurable interest exists between the individuals. An insurable interest must exist at the time the policy is issued. Some relationships are automatically presumed to qualify as an insurable interest, e.g., spouses, parents, children and certain business relationships.

如果人寿保险单的申请人和受保人是两个不同的人，则承销商会担心 A申请人的性别。 B请求的策略类型。 C哪个人要支付保费。 D个人之间是否存在可保利益。 @D 签发保单时必须存在可保利益。 某些关系会被自动推定为符合保险利益，例如配偶，父母，子女和某些商业关系。

If a policy includes a free-look period of at least 10 days, the Buyer's Guide may be delivered to the applicant A With the policy. B Upon issuance of the policy. C Within 30 days after the first premium payment was collected. D Prior to filling out an application for insurance. @ A If a life insurance policy contains a free-look period of at least 10 days, the buyer's guide can be delivered with the policy. If it doesn't, the buyer's guide must be delivered prior to accepting the initial premium.

如果保单的自由有效期至少为10天，则可以将《买方指南》交付给申请人 A配合政策。 B签发保单后。 C在收取首笔保费后的30天内。 D在填写保险申请之前。 如果人寿保险单的自由期限至少为10天，则可以随该保险单一起提供购买者指南。 如果不是，则必须先接受买方的指导，然后再接受初始保费。

If an insurer issued a policy based on the application that had unanswered questions, which of the following will be TRUE? A The policy will be void. B The insurer may deny coverage later, because of the information missing on the application. C The policy will be interpreted as if the insurer waived its right to have an answer on the application. D The policy will be interpreted as if the insured did not have an answer to the question. @ C Any unanswered questions need to be answered before the policy is issued. If a policy is issued with questions left unanswered, the contract will be interpreted as if the insurer waived its right to have an answer for the question, and will not be able to deny coverage later because of unanswered questions.

如果保险公司根据有未解决问题的申请发布了保单，那么以下哪一项是正确的？ 答：该政策将无效。 B保险公司可能会在以后拒绝承保，因为申请表上缺少信息。 C该保单将被解释为好像保险人放弃了对申请作出答复的权利。 D该保单将被解释为被保险人对该问题没有答案。 在发布政策之前，需要回答所有未解决的问题。 如果签发的保单中有未解决的问题，则合同将被解释为保险人放弃了对问题进行回答的权利，并且由于未解决的问题而无法在以后拒绝承保。

Which of the following is TRUE for both equity indexed annuities and fixed annuities? A Both are considered to be more risky than variable annuities. B They invest on a conservative basis. C They have a guaranteed minimum interest rate. D They are both tied to an equity index. While equity indexed annuities earn higher interest rates than fixed annuities, both types of annuities guarantee a specific minimum interest rate.

对于股本指数年金和固定年金，以下哪一项是正确的？ A两者均被认为比可变年金的风险更大。 B他们保守地进行投资。 C他们有保证的最低利率。 D它们都与股票指数挂钩。 @ C 不对！ 尽管股票指数年金的收益率高于固定年金，但两种类型的年金均能保证特定的最低利率。

If a beneficiary wants a guarantee that benefits paid from principal and interest would be paid for a period of 10 years before being exhausted, what settlement option should the beneficiary select? A Life with period certain B Fixed amount C Interest only D Fixed period Under the fixed-period installments option (also called period certain), a specified period of years is selected, and equal installments are paid to the recipient. The payments will continue for the specified period even if the recipient dies before the end of that period.

如果受益人想要保证本金和利息支付的利益将在用尽前支付10年，那么受益人应该选择哪种结算方式？ A一定时期的生活 B固定金额 C仅利息 D固定期限 @ D 在"固定期限分期付款"选项下（也称为"一定时期"），选择了指定的年限，并将相等的分期付款支付给接收者。 即使收款人在该期间结束前去世，付款仍将在指定期间内继续。

An insured will be allowed to reactivate her lapsed life insurance policy if action is taken within a certain period of time, and proof of insurability is provided. Which policy provision allows this? A Incontestable clause B Grace period C Reinstatement provision D Waiver of premium provision A lapsed policy may be reinstated within 3 years by paying back premiums, with interest, and proving insurability.

如果在一定時間內採取了行動，並提供了可保性證明，則將允許被保險人重新激活其失效的人壽保險單。 哪個政策規定允許這樣做？ 無可爭議的條款 B寬限期 C恢復原狀 D豁免保費準備金 @ C 失效的保單可在3年內恢復，方法是償還帶息保費，並證明可保性。

If a person is compensated for a testimonial in an advertisement, which of the following statements should be included in the advertisement? A" Paid endorsement" B" Commissioned advertisement" C" Insurer is not responsible for the contents of the testimonial" D" The author is the employee of the insurer" The ad must disclose whether the person making the testimonial has a financial interest in the insurer. If the person is compensated, the testimonial must include "paid endorsement" or similar language.

如果某人因广告中的推荐而获得补偿，则广告中应包括以下哪些陈述？ A一个"付费代言" B"委托广告" C"保险人不对证明书的内容负责" D"作者是保险人的雇员" @ A 广告必须披露提供证明的人在保险人中是否有经济利益。 如果该人得到了赔偿，则证明书必须包括"带薪背书"或类似语言。

If a policy includes a free-look period of at least 10 days, the Buyer's Guide may be delivered to the applicant A Upon issuance of the policy. B Within 30 days after the first premium payment was collected. C Prior to filling out an application for insurance. D With the policy. If a life insurance policy contains a free-look period of at least 10 days, the buyer's guide can be delivered with the policy. If it doesn't, the buyer's guide must be delivered prior to accepting the initial premium.

如果某项政策的自由观察期至少为10天，则可以将《买方指南》交付给申请人 A签发政策后。 B在收取首笔保费后的30天内。 C在填写保险申请之前。 D配合政策。 @ D 如果人寿保险单的自由期限至少为10天，则可以随该保险单一起提供购买者指南。 如果不是，则必须先接受买方的指导，然后再接受初始保费。

If a consumer requests additional information concerning an investigative consumer report, how long does the insurer or reporting agency have to comply? A 10 days B 3 days C 5 days D 7 days @ C Consumers must be advised that they have a right to request additional information concerning investigative consumer reports, and the insurer or reporting agency has 5 days to provide the consumer with the additional information.

如果消费者要求提供有关调查消费者报告的其他信息，那么保险公司或报告机构必须遵守多长时间？ A 10天 B 3天 C 5天 D 7 天 必须告知消费者，他们有权要求获得有关消费者调查报告的其他信息，保险公司或报告机构有5天的时间向消费者提供其他信息。

If an insured withdraws a portion of the face amount in the form of accelerated benefits because of a terminal illness, how will that affect the payable death benefit from the policy? A The death benefit will be forfeited. B The death benefit will be the same as the original face amount. C death benefit will be larger. D The death benefit will be smaller. Incorrect! If an insured withdraws a portion of the death benefit by the use of this rider, the benefit payable at death will be reduced by that amount, plus the amount of earnings lost by the insurance company in interest income.

如果被保险人因末期疾病而以加速给付的形式提取部分面额，那么这将如何影响保单的应支付死亡给付？ A死亡抚恤金将被没收。 B死亡抚恤金将与原始面额相同。 C死亡抚恤金将更大。 D死亡抚恤金将较小。 @ D 7如果被保险人通过使用该附加保险人提取一部分死亡抚恤金，则死亡抚恤金应减去该金额，再加上保险公司在利息收入中损失的收入金额。

If an insured continually uses the automatic premium loan option to pay the policy premium, A The insurer will increase the premium amount. B The policy will terminate when the cash value is reduced to nothing. C The face amount of the policy will be reduced by the automatic premium loan amount. D The cash value will continue to increase. This option, usually elected at the time of application, provides that in case of a possible policy lapse, the premium will be automatically paid form the contract's guaranteed cash value. However, once the cash value is exhausted, the policy will terminate.

如果被保险人继续使用自动保费贷款选项支付保单保费， A保险人将增加保费金额。 B当现金价值减少为零时，保单将终止。 C保单的面额将减少自动保费贷款额。 D现金价值将继续增加。 @ B 该选项通常在申请时选择，规定如果保单可能失效，则将自动从合同的保证现金价值中支付保费。 但是，一旦现金价值用尽，该保单将终止。

Grace Period The grace period is the period of time after the premium due date that the policyowner has to pay the premium before the policy lapses (usually 30 or 31 days, or one month). The purpose of the grace period is to protect the policyholder against an unintentional lapse of the policy. If the insured dies during this period, the death benefit is payable; however, any unpaid premium will be deducted from the death benefit.

宽限期 宽限期是保费到期日之后，保单拥有人必须在保单失效之前支付保费的时间段（通常为30天或31天或一个月）。 宽限期的目的是保护保单持有人免受意外保单的侵害。 如果被保险人在此期间死亡，则应支付死亡抚恤金； 但是，任何未付的保险费将从死亡抚恤金中扣除。

What is the main purpose of the military sales regulation in life insurance? A To allow solicitation of life insurance and annuities to active duty service members B To provide insurance to military personnel C To protect active duty service members from dishonest insurance practices D To protect service members from insolvent insurers The purpose of the military sales regulation is to protect active duty service members of the United States Armed Forces from dishonest and predatory insurance sales practices by prohibiting certain false, misleading, deceptive or unfair acts and practices.

寿险中的军事销售法规的主要目的是什么？ A允许向现役军人索取人寿保险和年金 B为军事人员提供保险 C保护现役军人免受不诚实的保险行为的侵害 D保护服务成员免于破产的保险人的侵害 @ C 军事销售法规的目的是通过禁止某些虚假，误导，欺骗性或不公平的行为和做法，保护美国武装部队现役军人免受不诚实和掠夺性的保险销售行为的侵害。

In terms of parties to a contract, which of the following does NOT describe a competent party? A The person must be mentally competent to understand the contract. B The person must have at least completed secondary education. C The person must not be under the influence of drugs or alcohol. D The person must be of legal age. @ B The parties to a contract must be capable of entering into a contract in the eyes of the law. Generally, this requires that both parties be of legal age, mentally competent to understand the contract, and not under the influence of drugs or alcohol.

就合同的当事方而言，以下哪项没有描述胜任方？ A此人必须在精神上有能力理解合同。 B此人必须至少已完成中学教育。 C此人不得受到药物或酒精的影响。 D此人必须是法定年龄。 合同的当事方必须有能力从法律的角度订立合同。 通常，这要求双方都达到法定年龄，在精神上有能力理解合同，并且不受药物或酒精的影响。

When the policyowner specifies a dollar amount in which installments are to be paid, he/she has chosen which settlement option? A Life income period certain B Extended term C Fixed amount D Fixed period When the fixed amount settlement option is chosen, the policyowner sets the amount of each installment. The insurer will determine how long the installments are to be paid.

当投保人指定要分期付款的美元金额时，他/她选择了哪种结算方式？ A一定的人寿收入期 B延长期限 C固定金额 D固定期限 @ C 选择固定金额结算选项后，保单所有者将设置每期付款的金额。 保险公司将决定分期付款多长时间。

When the insured selects the extended term nonforfeiture option, the cash value will be used to purchase term insurance with what face amount? A Equal to the original policy for as long as the cash values will purchase. B In lesser amounts for the remaining policy term of age 100. C Equal to the cash value surrendered from the policy DThe same as the original policy minus the cash value With this option, the cash value is used as a single premium to purchase the same face amount as the original policy for as long a period of time as the cash will buy at the insured's current age.

当被保险人选择延长期非没收期权时，现金价值将用于购买面额多少的定期保险？ A只要购买现金价值，就等于原始保单。 B在剩余保单有效期100岁时，金额较低。 C等于保单交出的现金价值 D与原始保单相同，减去现金价值 @ A 使用此选项时，现金价值将用作一次保费，以购买与原始保单相同的面额，只要现金在被保险人当前年龄购买即可。

What is the advantage of reinstating a policy instead of applying for a new one? A Proof of insurability is not required B The face amount can be increased C The cash values have gained interest while the policy was lapsed D The original age is used for premium determination The reinstatement provision allows the policyowner an opportunity to put a lapsed policy back in force, subject to proving continued insurability. If the policyowner elects to reinstate the policy, as opposed to purchasing a new policy, the reinstated policy is restored to its original status.

恢复策略而不是申请新策略的好处是什么？ A不需要可证明性的证明 B脸部数量可以增加 C保单失效时现金价值已增加利息 D原始年龄用于保费确定 @ D 在证明持续可保性的前提下，恢复原状条款使保单拥有人有机会使失效的保单重新生效。 如果投保人选择恢复保单，而不是购买新保单，则恢复后的保单将恢复到其原始状态。

Your client was insured under her employer's group life insurance plan at her place of employment. She contacted you as she was terminated from her job. She wants to convert her group policy to an individual policy. All of the following statements about her situation are correct EXCEPT A She would not need to prove in surability for a conversion policy. B Application for an individual policy and the first premium payment must be made within 31 days of termination of employment. C Should she convert to individual coverage, the premium will be based upon her current age and risk class. D She will be able to convert to term insurance. Correct! The individual policy may be any form of life coverage, except term coverage, that is customary for the insurer based on the insured's risk.

您的客户在其工作地点已获得雇主的团体人寿保险计划的保险。 她因辞职而与您联系。 她想将其组策略转换为个人策略。 以下有关她的处境的所有陈述均正确无误 AShe无需证明转换政策具有可保性。 B必须在雇用终止后的31天内申请个人保单和第一笔保费。 如果她转换为个人保险，则保费将根据她当前的年龄和风险等级而定。 DShe将能够转换为定期保险。 @ D 个体保单可以是任何形式的人寿保险，但定期保险除外，这是保险人根据被保险人的风险习惯使用的。

Your client wants both protection and savings from the insurance, and is willing to pay premiums until retirement at age 65. What would be the right policy for this client? A Life annuity with period certain B Increasing term C Limited pay whole life D Interest-sensitive whole life Premium payments will cease at her age 65, but coverage will continue to her death or age 100.

您的客户希望获得保险的保护和储蓄，并愿意支付保险费直到65岁退休。该客户的正确保单是什么？ A有一定期限的终身年金 B任期增加 C有限公司一生付出 D一生关注利息 @ C 保费将在她65岁时终止，但保险范围将继续到她去世或100岁。

All group life insurance policies must have a provision for an employee to convert coverage to an individual policy when any part of the group policy coverage terminates due to leaving employment. The individual coverage must be offered without evidence of insurability subject to the following conditions: Application and the first premium payment are made within 31 days of termination of employment; The individual policy may be any form of life coverage, except term coverage, that is customary for the insurer based on the insured's risk; The individual policy is limited to the amount of group coverage being replaced minus any cash benefits paid by the group contract at termination; and The individual policy premiums will be based on the insured's current age and risk class. The group policy may contain a provision stipulating that the amount of the individual policy may not exceed the smaller of the following 2 amounts: The amount of the person's life insurance ceasing due to employment termination (minus any amount paid to the insured within 31 days after the termination); or $10,000. If an employee who has terminated employment dies during the period in which individual coverage conversion is available, the group policy will pay the death benefit that the employee would have received regardless of whether the application for coverage or premium payment was made.

所有团体人寿保险单都必须有一项条款，规定当雇员因离职而终止团体保单的任何部分时，必须将其转换为个人保单。在满足以下条件的情况下，必须提供个人保险而没有可保险性的证据： 申请和第一笔保费在雇用终止后的31天内支付； 个人保险单可以是任何形式的人寿保险，期限保险除外，这是保险人根据被保险人的风险习惯性的； 个人保单仅限于被替换的团体保险金额减去集体合同终止时支付的任何现金利益；和 单个保单保费将基于被保险人的当前年龄和风险等级。 组策略可能包含一项规定，规定单个策略的金额不得超过以下两个金额中的较小者： 因解雇而终止的人寿保险金额（减去解雇后31天内支付给被保险人的任何金额）；要么 $ 10,000。 如果终止雇佣关系的员工在可以进行个人保险的期间死亡，则无论是否提出保险或保费申请，团体保单都将支付该雇员将获得的身故赔偿。

Indexed Annuities Indexed (or equity indexed) annuities are fixed annuities that invest on a relatively aggressive basis to aim for higher returns. Like a fixed annuity, the indexed annuity has a guaranteed minimum interest rate. The current interest rate that is actually credited is often tied to a familiar index like the Standard and Poor's 500. Generally, the insurance companies reserve the initial returns for themselves but pay the excess to the annuitant. For example, the company may keep the first 4% earned for itself, but any accumulation in excess of 4% is credited to the annuitant's account. So if the interest earned is 12%, the company keeps 4% and credits the client's account with 8%. Equity indexed annuities are less risky than a variable annuity or mutual fund but are expected to earn a higher interest rate than a fixed annuity.

指数年金 指数年金（或股票指数年金）是在相对激进的基础上进行投资以争取更高回报的固定年金。 像固定年金一样，指数年金有保证的最低利率。 实际记入的当前利率通常与诸如标准普尔500的熟悉指数挂钩。 通常，保险公司为自己保留初始收益，但将多余部分支付给年金人。 例如，公司可以保留自己赚的前4％，但是任何超过4％的积累都记入年金人的帐户。 因此，如果所赚取的利息是12％，则公司保留4％的利息，并将8％记入客户的帐户。 股票指数年金的风险要小于可变年金或共同基金，但预计将获得比固定年金更高的利率。

Exclusions Exclusions are the types of risks the policy will not cover. Certain exclusions are standard for all policies, while others are attached to the policy as an exclusion rider. The most common exclusions found in life insurance policies are aviation, hazardous occupation, and war and military service. Aviation — Most life insurance will cover an insured as a fare-paying passenger or a pilot on a regularly scheduled airline, but will exclude coverage for noncommercial pilots, or require an additional premium for the coverage. Hazardous Occupations or Hobbies — If the insured is engaged in a hazardous occupation or participates in hazardous hobbies (such as skydiving or auto racing), death that results from the hazardous occupation or hobby may be excluded from coverage. The underwriter also has the option of charging a higher premium for insuring these risks. War or Military Service — Most life insurance policies issued today do not exclude military service. However, there are actually two different types of exclusions that may be used to limit the death benefit if the insured dies as a result of war, or while serving in the military. The status clause excludes all causes of death while the insured is on active duty in the military. The results clause only excludes the death benefit if the insured is killed as a result of an act of war (declared or undeclared).

排除项目 排除是政策无法涵盖的风险类型。某些排除规则是所有策略的标准，而另一些则作为排除规则附加到该策略。人寿保险单中最常见的例外情况是航空，危险职业以及战争和兵役。 航空-大多数人寿保险将以被保险人作为付费乘客或定期航班上的飞行员的方式承保，但不包括非商业飞行员的承保范围，或者需要额外的保险费。

Collecting the Initial Premium and Issuing the Receipt Most agents attempt to collect the initial premium and submit it along with the application to the insurer. In addition, collecting the initial premium at the time of the application increases the chance that the applicant will accept the policy once it is issued. Whenever the agent collects premiums, the agent must issue a premium receipt. The type of receipt issued will determine when coverage will be effective. The most common type of receipt is a conditional receipt, which is used only when the applicant submits a prepaid application. The conditional receipt says that coverage will be effective either on the date of the application or the date of the medical exam, whichever occurs last, as long as the applicant is found to be insurable as a standard risk, and policy is issued exactly as applied for. This rule will not apply if a policy is declined, rated, or issued with riders excluding specific coverages. Example: If an agent collects the initial premium from an applicant and gives the applicant a conditional receipt, and the applicant dies the next day, the underwriting process will proceed as though the applicant were still alive. If the insurer ends up approving the coverage, then the applicant's beneficiary will receive the death benefit of the policy. If, on the other hand, the insurer determines that the applicant was not an acceptable risk and declines the coverage, the premium will be refunded to the beneficiary, and the insurer is not required to pay the death benefit.

收取初始保费并签发收据 大多数代理商试图收取初始保费，并将其与申请一起提交给保险公司。此外，在申请时收取初始保费会增加申请人一旦签发保单就接受保单的机会。每当代理人收取保费时，代理人都必须签发保费收据。签发的收据类型将确定承保范围何时生效。 最常见的收据类型是有条件收据，仅在申请人提交预付款申请时使用。有条件的收据说，承保范围自申请之日或体检之日起生效，以最后者为准，只要发现申请人可以作为标准风险投保，并且保单的签发与申请时完全相同对于。如果拒绝，定级或签发不包括特定承保范围的车手保单，则此规则将不适用。 例： 如果代理商从申请人处收取了初始保费并给申请人有条件的收据，而申请人在第二天死亡，则承保过程将像申请人还活着一样进行。如果保险人最终批准该保险，则申请人的受益人将获得该保单的身故赔偿。另一方面，如果保险人确定申请人不是可接受的风险并拒绝承保，则保险费将退还给受益人，并且不需要保险人支付死亡抚恤金。

What is the purpose of the regulations on life and annuity marketing practices? A To establish minimum rates for life insurance policies and annuities B To eliminate unfair trade and unfair competition practices C To provide consumers with choices in life insurance products D To establish minimum standards for advertisement, solicitations and replacement of policies The purpose of regulating life and annuity marketing practices is to establish for insurers and agents minimum standards of conduct and guidelines to assure that advertisements, solicitations, replacements, conservation efforts, and sales of life insurance and annuities are not untrue, deceptive, or misleading.

有关人寿和年金营销实践的法规的目的是什么？ A确定人寿保险保单和年金的最低费率 B消除不公平贸易和不公平竞争做法 C为消费者提供人寿保险产品选择 D为广告，招揽和替换政策制定最低标准 @ D 规范人寿和年金营销惯例的目的是为保险公司和代理商制定最低的行为标准和指南，以确保广告，招揽，替换，保护工作以及人寿保险和年金的销售不虚假，具有欺骗性或误导性。

What is the purpose of a conditional receipt? A It serves as proof that the applicant has been determined insurable. B It is given only to applicants who fully prepay the premium. C It is intended to provide coverage on a date prior to the policy issue. D It guarantees that a policy will be issued in the amount applied for. @ C Coverage commences on the date of the application or the date of a medical examination, whichever is later, on the condition that the applicant is determined to be insurable at the rate applied for.

有条件收据的目的是什么？ A这证明申请人已被确定可保。 B仅适用于已全额预缴保费的申请人。 C意在提供保单签发日期之前的承保范围。 D它保证将以申请的金额签发保单。 承保范围自申请之日或体检之日起，以较晚者为准，条件是确定申请人可以按所申请的费率投保。

Which option for Universal life allows the beneficiary to collect both the death benefit and cash value upon the death of the insured? A Option B B Corridor option C Variable option D Option A Under Option B the death benefit includes the annual increase in cash value so that the death benefit gradually increases each year by the amount that the cash value increases. At any point in time, the total death benefit will always be equal to the face amount of the policy plus the current amount of cash value.

环球寿险的哪个选择允许受益人在被保险人死亡时领取死亡抚恤金和现金价值？ A选项B B走廊选项 C变量选项 D选项A 在备选方案B下，身故赔偿包括现金价值的逐年增加，因此身故赔偿每年逐年增加，其现金价值增加了。 在任何时间点，总身故赔偿金将始终等于保单的票面金额加上当前现金价值。 Huánqiú shòuxiǎn de nǎge xuǎnzé yǔnxǔ shòuyì rén zài

Accumulation Period vs. Annuitization Period The accumulation period, also known as the pay-in period, is the period of time over which the owner makes payments (premiums) into an annuity. Furthermore, it is the period of time during which the payments earn interest on a tax-deferred basis. The annuity period, also known as the annuitization period, liquidation period, or pay-out period, is the time during which the sum that has been accumulated during the accumulation period is converted into a stream of income payments to the annuitant. The annuity period may last for the lifetime of the annuitant or for a specified period, which could be longer or shorter. The annuitization date is the time when the annuity benefit payouts begin (trigger for benefits). The annuity income amount is based upon the following: The amount of premium paid or cash value accumulated; The frequency of the payment; The interest rate; and The annuitant's age and gender. An annuitant whose life expectancy is longer will have smaller income installments. For example, all other factors being equal, a 65-year-old male will have higher annuity income payments than a 45-year-old male (because he is younger), or than a 65-year-old female (because women statistically have a longer life expectancy). Annuities are purchased, for the most part, to provide or supplement retirement income. In addition, they are also purchased to fund or to help fund a college education. Actually an annuity can be used for any situation that requires a steady stream of income at some point in the future. Annuities are also used to provide what is known as structured settlements. A structured settlement would take on the form of a court settlement arising from a civil lawsuit or it may take on the form of the income that is provided to the winner of a state lottery. In addition, many settlement options for a life insurance policy actually involve selecting an annuity payment option. The basic function of an annuity is that of liquidating a principal sum, regardless of how it was accumulated.

累积期与年金化期 累积期，也称为支付期，是所有者向年金支付（溢价）的时间段。此外，在此期间，还款会以递延税的方式赚取利息。 年金期，也称为年金期，清算期或支付期，是指在累积期间内已累积的总和转换为向年金支付的收入流的时间。年金期限可以持续整个年金年限，也可以持续一段规定的期限，期限可以更长或更短。年金日期是年金福利支出开始的时间（触发福利）。 年金收入金额基于以下条件： 已付保费金额或现金价值累计； 付款频率； 利率；和 年金人的年龄和性别。 预期寿命较长的年金人的分期付款收入较小。例如，在所有其他因素相同的情况下，65岁的男性比45岁的男性（因为他更年轻）或65岁的女性（因为从统计学上讲，女性）的年金收入要高。寿命更长）。 购买年金的主要目的是提供或补充退休收入。此外，还可以购买它们来资助或帮助大学教育。实际上，年金可用于在将来某个时候需要稳定收入来源的任何情况。年金还用于提供结构化结算。结构性和解将采取因民事诉讼引起的法院和解的形式，也可以采用提供给州彩票中奖者的收入的形式。此外，人寿保险单的许多结算选项实际上涉及选择年金支付选项。年金的基本功能是清算本金，而不论其如何累积。

The Federal Fair Credit Reporting Act A Regulates consumer reports. B Protects customer privacy. C Regulates telemarketing. D Prevents money laundering. The Federal Fair Credit Reporting Act regulates consumer reports, also known as consumer investigative reports, or credit reports.

联邦公平信用报告法 A监管消费者报告。 B保护客户隐私。 C规范电话销售。 D防止洗钱。 @A 《联邦公平信用报告法》规范了消费者报告，也称为消费者调查报告或信用报告。

Automatic Premium Loans The automatic premium loan provision is not required, but is commonly added to contracts with a cash value at no additional charge. This is a special type of loan that prevents the unintentional lapse of a policy due to nonpayment of the premium. For example, a loan against the policy cash value for the amount of premium due is automatically generated by the insurer when the policyowner has not paid the premium by the end of the premium-paying grace period. It is a loan for which the insurer will charge interest. If the loan and interest are not repaid and the insured dies, then it will be subtracted from the death benefit. While the insurer may defer requests for other loans for a period of up to 6 months, loan requests for payment of due premiums must be honored immediately. Usually, the policyowner must specifically elect this provision in writing to make it effective.

自动保费贷款 不需要自动提供保费贷款，但通常会将其添加到具有现金价值的合同中，而无需额外付费。 这是一种特殊类型的贷款，可以防止由于未缴纳保费而意外导致保单失效。 例如，当投保人在缴纳保费宽限期结束前尚未支付保费时，保险人会自动生成针对保费现金价值的到期保费金额的贷款。 这是保险公司将收取利息的贷款。 如果未偿还贷款和利息而被保险人死亡，则将从死亡抚恤金中扣除。 保险人可以将其他贷款的请求最多延迟6个月，但必须立即兑现用于支付到期保费的贷款请求。 通常，保单持有人必须特别以书面形式选择该条款以使其生效。

What type of insurance would be used for a Return of Premium rider? A Annually Renewable Term B Increasing Term C Level Term D Decreasing Term The Return of Premium Rider is achieved by using increasing term insurance. When added to a whole life policy it provides that at death prior to a given age, not only is the original face amount payable, but also all premiums previously paid are payable to the beneficiary.

退回保费附加保险会使用哪种类型的保险？ A年度可续期 B任期增加 C级学期 D递减期限 @ B 保费附加费的回报是通过增加定期保险来实现的。 如果将其添加到整个人寿保险中，则规定在给定年龄之前死亡时，不仅要支付原始面额，而且所有先前支付的保费都应支付给受益人。

An insured purchased a life policy in 2010 and died in 2017. The insurance company discovers at that time that the insured had concealed information during the application process. What can they do? A Pay a decreased death benefit B Sue for the right to not pay the death benefit C Pay the death benefit D Refuse to pay the death benefit because of the fraud The incontestability clause prevents an insurer from denying a claim due to statements in an application after the policy has been in force for 2 years, even on the basis of a material misstatement of facts or concealment of a material fact.

被保险人于2010年购买了人寿保险，并于2017年死亡。当时，保险公司发现被保险人在申请过程中隐瞒了信息。 他们能做什么？ A减少身故赔偿 B要求不支付死亡抚恤金的权利 C支付死亡抚恤金 D因欺诈行为拒绝支付死亡抚恤金 不可抗争性条款可以防止保险人在保单生效2年后基于申请表中的陈述拒绝索赔，即使是基于事实的重大错误陈述或重大事实的隐瞒。

An insured takes a policy loan from a whole life policy. During repayment, the interest rate changes significantly. Which scenario is most accurate? A An insured can change his variable interest rate to a fixed interest rate matching the rate quoted when he first took the policy loan, with a 2% penalty assessed at repayment. B The insurer may file a hardship and terminate coverage without repaying the loan. C An insurer can terminate coverage under an existing policy during a policy year in which the interest rate increased and subsequently caused the policy to lapse. D An insurer cannot terminate coverage under an existing policy during a policy year in which the interest rate increased and subsequently caused the policy to lapse. Correct! The insurer will notify the policyholder of the initial interest rate at the time of the first policy loan and of any change in interest rate at least annually. An insurer cannot terminate coverage under an existing policy during a policy year in which the interest rate increased and subsequently caused the policy to lapse.

被保险人从终身保单中提取保单贷款。在还款期间，利率会发生重大变化。哪种情况最准确？ 一名被保险人可以将其浮动利率更改为与他第一次获得保单贷款时所引用的利率相匹配的固定利率，并在还款时收取2％的罚款。 B保险人可能会遇到困难，并在不偿还贷款的情况下终止承保范围。 C保险公司可以在利率上升的保单年度终止现有保单的承保范围，并随后导致保单失效。 D在利率上升并随后导致保单失效的保单年度，保险人无法终止现有保单的承保范围。 @ D 保险公司将在第一笔保单贷款时将初始利率以及任何利率变化至少每年一次通知保单持有人。在利率上升并随后导致保单失效的保单年度，保险公司无法终止现有保单的承保范围。

An insured pays a $100 premium every month for his insurance coverage, yet the insurer promises to pay $10,000 for a covered loss. What characteristic of an insurance contract does this describe? A Aleatory B Good health C Adhesion D Conditional @ A In an aleatory contract, unequal amounts are exchanged between payments and benefits. In this instance, the insured receives a large benefit for a small price.

被保险人每月为其保险支付100美元的保险费，但该保险公司承诺为承保损失支付10,000美元。 这说明了保险合同的什么特征？ A偶然 B健康 C附着力 D有条件 @在临时合同中，不平等的金额在付款和收益之间交换。 在这种情况下，被保险人以较小的价格获得了巨大的利益

An insured purchased a Life Insurance policy. The agent told him that depending upon the company's investments and expense factors, the cash values could change from those shown in the policy at issue time. The policy is a/an A Interest-sensitive Whole Life. B Credit Life. C Annual Renewable Term. D Adjustable Life. Because the cash values are generated by investments, interest rates will affect the amount of the cash value. depending依赖 investments投资 factors条件.因子

被保险人购买了人寿保险。 经纪人告诉他，根据公司的投资和费用因素，现金价值可能与发行时保单中显示的现金价值有所不同。 该政策是 A兴趣敏感的一生。 B信用生活。 C年度可续期。 D可调寿命 @ A 由于现金价值是由投资产生的，因此利率将影响现金价值的金额。

Explaining the Policy and its Provisions, Riders, Exclusions, and Ratings Personal delivery of the policy allows the agent an opportunity to make sure that the insured understands all aspects of the contract. Review of the contract with the insured involves pointing out provisions or riders that may be different than anticipated, and explaining what effect they have on the contract. In addition, the agent should explain the rating procedure to the client, especially if the policy is rated differently than applied for, or has been modified or amended in any other way. The agent should also explain any other choices and provisions available to the policyowner that may become active at this time. A buyer's guide provides basic, generic information about life insurance policies that contains, and is limited to, language approved by the Department of Insurance. This document explains how a buyer should go about choosing the amount and type of insurance to buy, and how a buyer can save money by comparing the costs of similar policies. Insurers must provide a buyer's guide to all prospective policy applicants prior to accepting their initial premium. If the policy contains an unconditional refund provision of at least 10 days (free-look period), a buyer's guide can be delivered with the policy. A policy summary is a written statement describing the features and elements of the policy being issued. It must include the name and address of the agent, the full name and home office or administrative office address of the insurer, and the generic name of the basic policy and each rider. A policy summary will also include premium, cash value, dividend, surrender value and death benefit figures for specific policy years. The policy summary must be provided when the policy is delivered. The term illustration means a presentation or depiction that includes nonguaranteed elements of a policy of individual or group life insurance over a period of years. A life insurance illustration must do the following: Distinguish between guaranteed and projected amounts; Clearly state that an illustration is not a part of the contract; and Identify those values that are not guaranteed as such. An agent may only use the illustrations of the insurer that have been approved, and may not change them in any way.

解释政策及其规定，车手，排除事项和等级 个人交付保单使代理人有机会确保被保险人了解合同的各个方面。与被保险人审查合同涉及指出可能与预期不同的准备金或附加条款，并解释其对合同的影响。此外，代理人应向客户解释评级程序，尤其是在对保单的评级与所申请的评级不同或以其他任何方式进行了修改或修改时。代理人还应说明此时可能生效的保单持有人可用的任何其他选择和规定。 购买者指南提供了有关人寿保险单的基本，一般性信息，其中包含（但限于）由保险部批准的语言。本文档说明了买方应如何选择购买的保险金额和类型，以及买方如何通过比较类似保单的成本来省钱。保险公司必须在接受初始保费之前向所有准保单申请人提供购买者指南。如果该保单包含至少10天（免费试用期）的无条件退款条款，则可以随该保单一起提供购买者指南。 策略摘要是描述要发布的策略的特征和元素的书面声明。它必须包括代理人的姓名和地址，保险人的全名，家庭办公室或行政办公室地址，以及基本保单和每个乘车人的通用名称。保单摘要还将包括特定保单年度的保费，现金价值，股息，退保价值和身故赔偿数字。交付策略时必须提供策略摘要。 术语"插图"是指表示或描述，其中包括多年内个人或团体人寿保险单中未保证的内容。人寿保险插图必须执行以下操作： 区分保证金额和预计金额； 清楚说明插图不是合同的一部分；和 确定不能保证的值。 代理人只能使用已获批准的保险人的插图，不得以任何方式更改它们。

Who bears all of the investment risk in a fixed annuity? A The annuitant B The insurance company C The owner D The beneficiary Fixed annuities guarantee a minimum amount of interest to be credited to the purchase payment. Income payments do not vary from one payment to the next. The insurance company can afford to make guarantees because the money of a fixed annuity is placed in the general account of the insurance company, which is part of its investment portfolio. The company makes conservative enough investments to insure a guaranteed rate to the annuity owners.

谁承担固定年金的所有投资风险？ 年金人 B保险公司 C所有者 D受益人 @ B 固定年金保证将最低利息计入购买付款。 收入付款从一次付款到下一次付款没有变化。 保险公司可以负担得起保证金，因为固定年金的钱被存入了保险公司的普通账户，这是其投资组合的一部分。 该公司进行了足够的保守投资，以确保向年金所有者保证利率。

Decreasing Term Decreasing term policies feature a level premium and a death benefit that decreases each year over the duration of the policy term. Decreasing term is primarily used when the amount of needed protection is time sensitive, or decreases over time. Decreasing term coverage is commonly purchased to insure the payment of a mortgage or other debts if the insured dies prematurely. The amount of coverage thereby decreases as the outstanding loan balance decreases each year. A decreasing term policy is usually convertible; however, it is usually not renewable since the death benefit is $0 at the end of the policy term.

递减期限 期限减少的保单具有等级保费和身故赔偿，在整个保单期限内每年都会减少。 减少期限主要用于需要保护的时间敏感或随时间减少的情况。 如果被保险人过早死亡，通常会购买期限减少的保险，以确保支付抵押或其他债务。 因此，随着未偿还贷款余额每年减少，覆盖范围减少。 减期政策通常是可转换的； 但是，它通常不可再生，因为在保单期满时身故赔偿为$ 0。

Which of the following statements is TRUE about a policy assignment? A It authorizes an agent to modify the policy. B It transfers rights of ownership from the owner to another person. C It is the same as a beneficiary designation. D It permits the beneficiary to designate the person to receive the benefits. The policyowner may assign a part of the policy (collateral assignment) or the entire policy (absolute assignment).

關於策略分配，以下哪個陳述是正確的？ A它授權代理修改策略。 B它將所有權從所有者轉移到另一個人。 C與受益人指定相同。 D它允許受益人指定受領人。 @ B 保單持有人可以分配一部分保單（抵押分配）或整個保單（絕對分配）。

A prospective insured receives a conditional receipt but dies before the policy is issued. The insurer will A Pay the policy proceeds up to an established limit. B Not pay the policy proceeds under any circumstances. C Automatically pay the policy proceeds. D Pay the policy proceeds only if it would have issued the policy. The conditional receipt says that coverage will be effective either on the date of the application or the date of the medical exam, whichever occurs last, as long as the applicant is found to be insurable as a standard risk, and policy is issued exactly as applied for.

预期的被保险人收到有条件的收据，但在签发保单之前死亡。 保险人将 "付款"保单将继续达到既定限额。 B在任何情况下均不支付保单收益。 C自动支付保单收益。 D仅在可能已发出保单的情况下才支付保单收益。 @ D 有条件的收据说，承保范围将自申请之日或体检之日起生效，以最后发生的日期为准，只要发现申请人可以作为标准风险投保，并且保单的签发与申请时完全相同 对于。