人寿保险基础第 370 / 716 题
In a traditional whole life policy, the cash value:
a.Grows tax-deferred and is guaranteed
b.Must be completely withdrawn by the owner every year
c.Is available to the owner only at the insured's death
d.Rises and falls directly with stock market performance
解析
Whole life cash value grows on a guaranteed schedule and accumulates tax-deferred, and the living owner can access it through loans or surrender. It is not locked up until death; that is a benefit of the cash value while the insured is alive. It does not move with the stock market (that describes variable products). And there is no requirement to withdraw it annually. The guaranteed, tax-deferred growth is a hallmark of traditional whole life.
免费刷完整 716 道题库 — 无需注册。
Own the complete California Life & Health Insurance Producer Exam guide — PDF + EPUB, $19.99 →
同考点相关题目
- A term policy that permits the insured to exchange it for a permanent policy without providing new evidence of insurability is described as:
- Annual renewable term lets the policyowner continue coverage each year without new evidence of insurability, but:
- Term insurance costs less than whole life for the same face amount primarily because term insurance:
- A 'participating' whole life policy is one that:
- Compared with traditional whole life, a distinguishing feature of universal life is that the policyowner can:
- An endowment policy pays its face amount:
最近核对： · 审核流程
PrepPass 团队 · 依据官方资料核对 California Life & Health Insurance License Exam · 我们如何核对
审核人 John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — 核实)