Điều khoản hợp đồng nhân thọCâu 575 / 716
The consideration furnished by the applicant in a life insurance contract consists of the:
a.The face amount of the death benefit named in the policy itself
b.Application (the statements made) plus the initial premium
c.The insurer's promise to pay the death benefit when it is due
d.The producer's state insurance license and carrier appointment
Giải thích
The applicant's consideration is the premium and the representations made in the application; the insurer's consideration is its promise to pay. A license and the death benefit are not the applicant's consideration.
Luyện miễn phí toàn bộ 716 câu hỏi — không cần đăng ký.
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Câu hỏi liên quan cùng chủ đề
- Electing to use policy dividends to buy paid-up additions will:
- The difference between the fixed-period and fixed-amount settlement options is that fixed-period:
- Under a life income settlement option, the size of each payment to the beneficiary depends primarily on the:
- An applicant pays the initial premium with the application and receives a conditional receipt. Coverage becomes effective:
- When an application is submitted WITHOUT the initial premium, coverage generally does not take effect until:
- The insuring clause of a life insurance policy:
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Đội ngũ PrepPass · Đối chiếu với California Life & Health Insurance License Exam · Quy trình kiểm tra
Người kiểm duyệt John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — kiểm tra)