最新のAZ-Insurance-Producer-Life問題集で試験を準備する

The National Do Not Call List Registry guidelines permit a representative of an insurer to make telemarketing calls to consumers who purchased insurance from the company within

• A. 30 months after the purchase.
• B. 18 months after the purchase.
• C. 24 months after the purchase.
• D. 36 months after the purchase.

An adult child is the beneficiary of their parent ' s life insurance policy. What is the tax obligation for the funds paid to the child?

• A. It is not taxed if it is placed in a trust until the funds are withdrawn from the trust; then it is taxed as regular income.
• B. The full amount is taxed, but the payments can be spread over a period of several years.
• C. The full amount is taxed as regular income unless it is gifted to the beneficiary ' s children, in which case it is tax-free.
• D. The principal is not taxed, but any interest that accrues is taxed at rates applicable to interest from other sources.

What does the assignment provision in a life insurance policy allow the policyholder to do?

• A. modify the premium payment schedule
• B. change the policy type
• C. adjust the policy ' s death benefit
• D. transfer ownership rights to another party

A life annuity ceases payments to the annuitant at

• A. maturity.
• B. policy termination.
• C. age 100.
• D. death.

A parent is considering purchasing a life insurance policy for their minor child. They are interested in a policy that offers an automatic increase in the face amount when the child reaches adulthood without an increase in premium. Which policy option should the parent choose?

• A. Jumping juvenile
• B. Universal life
• C. Term life
• D. Whole life