study guide part 5

Which of the following terms best describe the coverage provided by term policies, as compared to any other form of protection?

Greatest

All of the following statements are true regarding group insurance EXCEPT

Participants in the policy each receive a policy.

In comparison to consumer reports, which of the following describes a unique characteristic of investigative consumer reports?

The customer's associates, friends, and neighbors provide the report's data.

Which of the following describes the tax advantage of a qualified retirement plan?

The earnings in the plan accumulate tax deferred.

Which of the following determines the cash value of a variable life policy?

The performance of the policy portfolio

When an annuity is written, whose life expectancy is taken into account?

Annuitant

What document describes an insured's medical history, including diagnoses and treatments?

Attending Physician's Statement