1. Auto Insurance sample question
Comprehensive coverage pays for the following, except: collision fire theft vandalism
2. Homeowner's Insurance sample question
A standard earthquake policy has all of the following provisions, except: $5000 cap on replacing the contents of a house damaged in a quake $1500 limit for additional living expenses a 15 percent deductible $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 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 minimize risk to principal and provide steady income maximize risk 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 windowing twisting rebating churning
6. Life Insurance & Financial Security sample question
Meeting the high ethical standards of a professional means that an agent earns a good living puts the clients interests ahead of his or her own hasn't been disciplined yet by any regulatory authority pays a lip-service to a code of conduct
7. Annuities & Pension Plans sample question
When do earnings on deferred annuities held by individuals become taxable as income? Never 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 When they are paid out of the contract
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 make the client feel comfortable provide full disclosure of all material facts 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 Workers Compensation payments tips commissions interest income