1. Auto Insurance sample question
Comprehensive coverage pays for the following, except: theft vandalism collision fire
2. Homeowner's Insurance sample question
A standard earthquake policy has all of the following provisions, except: a 15 percent deductible $5000 cap on replacing the contents of a house damaged in a quake $1500 limit for additional living expenses $10000 for in-built appliances
3. Life Insurance & Financial Security sample question
The financial statement which shows us the client's net worth and repositionable assets is the cash flow statement balance sheet funds flow statement income statement
4. Life Insurance & Financial Security sample question
An aggressive approach to financial planning intends to maximize risk minimize risk to principal and provide steady income preserve original capital maximize return by taking greater risks.
5. Life Insurance & Financial Security sample question
An agent who offers a prospect free tickets to a professional basketball game if the prospect will make an insurance purchase is guilty of rebating churning windowing twisting
6. Life Insurance & Financial Security sample question
Meeting the high ethical standards of a professional means that an agent puts the clients interests ahead of his or her own pays a lip-service to a code of conduct hasn't been disciplined yet by any regulatory authority earns a good living
7. Annuities & Pension Plans sample question
When do earnings on deferred annuities held by individuals become taxable as income? Only if they are paid out of the contract prior to the individuals age 59 1/2 In the year they are credited to the contract When they are paid out of the contract Never
8. Life Insurance & Financial Security sample question
A policyowner may name more than one primary beneficiary to receive the proceeds of a life insurance policy True False
9. Annuities & Pension Plans sample question
The primary rule of communicating with the public is stop talking after the client says YES provide full disclosure of all material facts let the buyer beware make the client feel comfortable
10. Life Insurance & Financial Security sample question
All of the following are generally considered to be income taxable by the federal government except interest income tips commissions Workers Compensation payments