人寿保险基础第 379 / 716 题
The chief advantage of the conversion privilege on a term policy is that the insured can:
a.Stop paying premiums while keeping full coverage
b.Automatically double the death benefit at no cost for the entire remaining coverage period
c.Receive a full cash refund of all premiums paid
d.Obtain permanent coverage without having to prove insurability again
解析
Conversion lets the owner exchange term coverage for a permanent policy without new evidence of insurability, which protects someone whose health has worsened and who could no longer qualify for new coverage. It does not refund premiums, does not double the benefit for free, and does not eliminate premiums (the permanent policy will cost more). The value of conversion is preserving insurability while moving to lasting protection.
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
- Under the level premium approach used in whole life, the premiums charged in the early policy years are:
- An applicant with a significant but insurable health impairment will most likely be placed in which underwriting classification?
- A 'preferred' risk classification is generally assigned to an applicant who:
- Whole life insurance is generally most suitable for a client who wants:
- For most families, the amount of life insurance protection needed typically:
- Which of the following is a common personal use of life insurance?
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)