Funding method of annuity Samenvattingen, Aantekeningen en Examens
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214 FLORIDA INSURANCE LIFE AND VARIABLE ANNUITY ACTUAL EXAM UPDATED
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214 FLORIDA INSURANCE LIFE AND 
VARIABLE ANNUITY ACTUAL EXAM 
UPDATED 
variable annuity - CORRECT ANSWER-there is no guarantee of the dollar amount of 
the payments, they fluctuate according to the value of an account vest primarly in 
common stocks 
join and survivor annuity - CORRECT ANSWER-covers two or more lives and contiunes 
in force so long as any one of them survives 
period certain annuity - CORRECT ANSWER-annuity imcome option that guarantees a 
definite minimum peroid of paymen...
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CEBS: GBA/RPA 3 (new curriculum) Exam Questions and Answers
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ERISA - Answer- Employee Retirement Income Security Act 1974 
 
SOC Reports - Answer- Service Organization Controls: for external vendors 
 
SOC 1 - Answer- Internal Controls & Financial reports; used by auditors 
 
SOC 2 - Answer- Security, availability, processing integrity, confidentiality and privacy controls;used by management, regulators, and others under an NDA 
 
SOC3 - Answer- Same as SOC2, but available for public use. 
 
Tribble V Edison - Answer- Landmark court case re fiduciary resp...
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Annuity – WebCE Exam 2023 Questions with Verified Answers
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Annuitization is - Answer- Accumulated values are converted into a stream of periodic income payments. 
 
How often can payments of annuities be paid out? - Answer- A specified term of years, for life, or a combination of the two. 
 
What is the reason (how has a consumer's priorities and needs shifted) that annuities are well suited for late-life retirement planning? - Answer- When a consumer priorities and needs typically shift from asset accumulation to income distribution 
 
What is the sta...
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Florida Life, Health and Variable Annuity Exam Correct !!
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Entire Contract Provision - ANSWER found at the beginning of the policy, saying that the policy cannot refer to any outside documents as being part of the contract and prohibiting the insurer from making any changes to the policy after it has been issued. (can only make good changes not bad) 
 
Insuring Clause - ANSWER sets forth the company's basic promise to pay benefits upon the insured's death. 
 
Free-Look Provision - ANSWER gives policyowners the right to return the policy for a full pre...
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Florida Life and Variable Annuity Latest 2024 100% Pass
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Florida Life and Variable Annuity Latest 2024 100% Pass variable annuity there is no guarantee of the dollar amount of the payments, they fluctuate according to the value of an account vest primarly in common stocks 
join and survivor annuity covers two or more lives and contiunes in force so long as any one of them survives 
period certain annuity annuity imcome option that guarantees a definite minimum peroid of payments 
life annuity payable during the continued life of the annuitant. No prov...
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WGU D076 OVER 300 QUESTIONS AND ANSWERS LATEST 2024-2025 ALREADY GRADED A+;BOTH OA AND FINAL EXAM ARE COMBINED PLUS ALL UNIT TESTS 100% VERIFIED
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WGU D076 OVER 300 QUESTIONS AND ANSWERS LATEST ALREADY GRADED A+;BOTH OA AND FINAL EXAM ARE COMBINED PLUS ALL UNIT TESTS 100% VERIFIED 
 
What are the main services offered by financial institutions? 
 
A. Soliciting charitable donations and then managing the distribution of these funds 
 
B. Accepting a wide variety of deposits, offering investment products, providing loans, and brokering financial transactions 
 
C. Deciding which assets to invest in to create wealth in the future 
 
D. Evalu...
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214 FLORIDA INSURANCE LIFE AND VARIABLE ANNUITY ACTUAL EXAM UPDATED
- Tentamen (uitwerkingen) • 8 pagina's • 2023
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- $14.49
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variable annuity - CORRECT ANSWER-there is no guarantee of the dollar amount of 
the payments, they fluctuate according to the value of an account vest primarly in 
common stocks 
join and survivor annuity - CORRECT ANSWER-covers two or more lives and contiunes 
in force so long as any one of them survives 
period certain annuity - CORRECT ANSWER-annuity imcome option that guarantees a 
definite minimum peroid of payments 
life annuity - CORRECT ANSWER-payable during the continued life of th...
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Accident, Life, and Health Insurance questions and answers 2024 Update
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Accident, Life, and Health Insurance questions and answers 2024 Update 
Accident, Life, and Health Insurance questions and answers 2024 Update Accident, Life, and Health Insurance questions and answers 2024 Update Premiums paid by self-employed sole proprietors or partners for medical expense insurance are - answera) Not tax deductible b) Partially tax deductible c) Totally tax deductible What is the purpose of a conditional receipt - answera) It is given by the agent only to applicants who ful...
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Florida Life and Variable Annuity Correct Questions and Answers(RATED A)
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Florida Life and Variable Annuity Correct Questions and Answers(RATED A)variable annuity - ANSWER there is no guarantee of the dollar amount of the payments, they fluctuate according to the value of an account vest primarly in common stocks 
 
join and survivor annuity - ANSWER covers two or more lives and contiunes in force so long as any one of them survives 
 
period certain annuity - ANSWER annuity imcome option that guarantees a definite minimum peroid of payments 
 
life annuity - ANSWER p...
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Accident, Life, and Health Insurance questions and answers 2024 Update
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Accident, Life, and Health Insurance questions and answers 2024 Update 
Accident, Life, and Health Insurance questions and answers 2024 Update 
 
Premiums paid by self-employed sole proprietors or partners for medical expense insurance are - answera) Not tax deductible 
 
b)	Partially tax deductible 
 
c)	Totally tax deductible 
 
What is the purpose of a conditional receipt - answera) It is given by the agent only to applicants who fully prepay all scheduled premiums in advance of policy issu...
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