Annuity webce Study guides, Class notes & Summaries
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Practice Exam WEBCE #2 questions well answered 2024/2025
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Practice Exam WEBCE #2If Rick withdraws funds from his universal life insurance policy, what will be the effect on the policy's death benefit? - correct answer It will be reduced by the amount of the withdrawal. 
 
All of the following uses for life insurance in a business represent a valid insurable interest, EXCEPT: 
-Life insurance bought by businesses to cover the lives of their key employees or owners. 
-Life insurance used to provide funds in the event an insured key employee or partner ...
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How to Structure an Annuity Contract WebCE questions well answered graded A+
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How to Structure an Annuity Contract WebCE questions well answered graded A+ 
 
Which term refers to structured payouts that will liquidate an annuity's invested premiums and accumulated earnings over some period of time? - annuitization 
 
At Eileen's death, Winthrop received the death benefit payable under Eileen's annuity and chose to continue the contract in his name and continue to accrue tax-deferred accumulations. What was Winthrop's relation to Eileen? - He was her sp...
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2-15 WebCE problems questions well answered graded A+ 2024/2025
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2-15 WebCE problemsFor which of the following will a Medicare participant have to pay all of the costs? 
 
eyeglasses 
 
3 multiple choice options 
 
 
John's health insurance policy is reinstated on the tenth of the month. He gets sick on the eighteenth and is treated. The policy has a $1,000 deductible and 80/20 coinsurance on the next $5,000 of expenses. His expenses total $9,500. How much, if anything, will the policy pay for his expenses? 
 
$0 
3 multiple choice options 
 
 
Alex sold an ...
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WebCE Test 1 Actual Questions with Complete Solutions 100% verified 2023
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WebCE Test 1 Actual Questions with Complete Solutions 100% verified 2023 Abby lives in Ohio, where she is licensed as an insurance producer. She wants to apply for a nonresident license in Pennsylvania. Which of the following conditions must she satisfy? 
 
She must move to Pennsylvania. 
She must surrender her Ohio license. 
She must be sponsored by a producer licensed in Pennsylvania. 
She must show her Ohio license is in good standing. 
An annuity settlement option with a life contingency is ...
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ANNUITY – WEBCE EXAM 2024|25 QUESTIONS WITH VERIFIED ANSWERS
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ANNUITY – WEBCE EXAM 2024|25 QUESTIONS WITH VERIFIED ANSWERS
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Annuity – WebCE Questions And Answers
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Annuity – WebCE Questions And Answers 
Annuitization is - answerAccumulated values are converted into a stream of periodic income 
payments. 
How often can payments of annuities be paid out? - answerA specified term of years, for life, 
or a combination of the two. 
What is the reason (how has a consumer's priorities and needs shifted) that annuities are well 
suited for late-life retirement planning? - answerWhen a consumer priorities and needs 
typically shift from asset accumulation to inc...
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Annuity – WebCE Questions And Answers
- Exam (elaborations) • 4 pages • 2023
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Annuitization is - Answer- Accumulated values are converted into a stream of periodic income payments. 
 
How often can payments of annuities be paid out? - Answer- A specified term of years, for life, or a combination of the two. 
 
What is the reason (how has a consumer's priorities and needs shifted) that annuities are well suited for late-life retirement planning? - Answer- When a consumer priorities and needs typically shift from asset accumulation to income distribution 
 
What is the sta...
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4-HOUR ANNUITY SUITABILITY AND BEST INTEREST STANDARDS EXAM WEBCE
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4-HOUR ANNUITY SUITABILITY AND BEST INTEREST STANDARDS EXAM WEBCE
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Annuity – WebCE Exam 2024 Questions with Verified Answers
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Annuity – WebCE Exam 2024 Questions 
with Verified Answers 
Annuitization is - answerAccumulated values are converted into a stream of periodic 
income payments. 
How often can payments of annuities be paid out? - answerA specified term of years, for 
life, or a combination of the two. 
What is the reason (how has a consumer's priorities and needs shifted) that annuities are well 
suited for late-life retirement planning? - answerWhen a consumer priorities and needs 
typically shift from asse...
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WEBCE Question and answer rated A+ 2023/2024
- Exam (elaborations) • 31 pages • 2024
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WEBCE Question and answer rated A+ 2023/2024 
 
Abby lives in Ohio, where she is licensed as an insurance producer. She wants to apply for a nonresident license in Pennsylvania. Which of the following conditions must she satisfy? 
 
 She must move to Pennsylvania. 
 She must surrender her Ohio license. 
 She must be sponsored by a producer licensed in Pennsylvania. 
 She must show her Ohio license is in good standing. - correct answer she must show her Ohio license is in good standing 
 
An...
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