Traditional Life Licensing Mock Exam Set D

A benefit will be paid at the end of the period of coverage if the person is then alive (correct)

No cash value is available to the policy owner during the term of the policy

Renewal and conversion privileges are available

Insurance protection will be limited to a specified period

To give details pertaining to non-forfeiture options (correct)

To convey to the company the desire of the applicant to obtain insurance

To furnish information on which the contract of life insurance may be written

To furnish initial information as to insurability

Irrevocable primary beneficiary

Irrevocable secondary beneficiary

Revocable primary beneficiary

Absolute assignee (correct)

<p>They both have unlimited insurance protection</p> Signup and view all the answers

<p>It does not convey to the company the desire of the applicant to obtain insurance</p> Signup and view all the answers