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Question 1 of 7
1. Question
What term is used to describe additions to life insurance policies?
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Question 2 of 7
2. Question
True or False: IUL’s are life insurance policies with a cash savings component that allow clients to withdraw funds later in life to use for various expenses.
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Question 3 of 7
3. Question
True or False: Mortgage Protection is a type of Whole Life insurance?
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Question 4 of 7
4. Question
Match the underwriting terms with the correct processes.
Sort elements
- Client answers medical questions on the application
- Client answers medical questions on the application and has a MIB and prescription check performed
- Client answers medical questions on the application and has a MIB, prescription check, and medical exam performed
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Guaranteed Issue
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Simplified Issue
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Fully Underwritten
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Question 5 of 7
5. Question
What type of insurance does Final Expense fall under?
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Question 6 of 7
6. Question
Which of the following are considered non-med options? (Select all that apply)
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Question 7 of 7
7. Question
Which are the following are considered health products and therefore require a health license to sell? (Select all that apply)
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