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What term is used to describe additions to life insurance policies?CorrectIncorrect
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.CorrectIncorrect
True or False: Mortgage Protection is a type of Whole Life insurance?CorrectIncorrect
Match the underwriting terms with the correct processes.
- 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
What type of insurance does Final Expense fall under?CorrectIncorrect
Which of the following are considered non-med options? (Select all that apply)CorrectIncorrect
Which are the following are considered health products and therefore require a health license to sell? (Select all that apply)CorrectIncorrect