Life and Health Insurance Practice Test 5

What additional credentials does a life and health insurance advisor need before they are permitted to sell variable annuities?

A life insurance policy beneficiary has the option to work with the life insurance provider to convert a death benefit payout into an annuity. The downside to this payout method is:

Withdrawals from the cash value of a life insurance policy are usually non taxable until:

The IRS requires taxes to be paid on which types of payments to beneficiaries?

Money that an employer pays to an insurer for some or all of an employee’s health insurance coverage is:

Health Reimbursement Accounts (HRAs) are not taxable as long as it is 100% employer-funded AND:

Which of the following details compensation amounts for specific health care services?

As related to an insurance agent’s relationship with , the term, “Expressed authority”, means:

The primary purpose of a general agency in insurance is:

What type of insurance policy is recommended that insurance agents before advising clients on insurance matters?