1. Auto Insurance sample question
Comprehensive coverage pays for the following, except: vandalism collision theft fire
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 funds flow statement income statement balance sheet cash flow statement
4. Life Insurance & Financial Security sample question
An aggressive approach to financial planning intends to minimize risk to principal and provide steady income maximize return by taking greater risks. preserve original capital 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 twisting churning rebating windowing
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 hasn't been disciplined yet by any regulatory authority earns a good living 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 Only if they are paid out of the contract prior to the individuals age 59 1/2 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 provide full disclosure of all material facts make the client feel comfortable stop talking after the client says YES let the buyer beware
10. Life Insurance & Financial Security sample question
All of the following are generally considered to be income taxable by the federal government except tips interest income Workers Compensation payments commissions