Failed questions from Pquiz

Which of the following would be required to complete prelicensing education?

A nonresident life insurance producer who is planning to transact property insurance.

Universal Life

An insured owns a life insurance policy. To be able to pay some of her medical bills, she withdraws a portion of the policy's cash value. There is a limit for a withdrawal and the insurer charges a fee. What type of policy does the insured most likely have?

Employer contributions made to a qualified plan

Are subject to vesting requirements

What does "level" refer to in level term insurance?

Face amount

Which of the following is an example of an agent's fiduciary responsibilities?

Forwarding premiums to the insurer.

In order to enforce the Insurance Code, the Commissioner has the power to conduct which of the following?

Investigations

Which is true about spouse term rider?

The rider is usually level term insurance.

Admitted

Which of the following is another term for an authorized insurer?