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