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AD Banker Comprehensive Final Exam Questions and Answers
- Exam (elaborations) • 52 pages • 2024
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AD Banker Comprehensive Final Exam 
Questions and Answers 
Dividends if declared are paid: 
A. Annually 
B. Semi-annually 
C. Monthly 
D. Quarterly - Correct Answer ️️ -A. Annually 
An insured dies within the time limit of an Increasing Term Rider and the beneficiary 
receives the face amount plus the value of all paid premiums. Which rider is attached to 
the policy? 
A. Return of Cash Value 
B. Term to age 100 
C. Return of Premium 
D. Waiver of Premium - Correct Answer ️️ -C. Return o...
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AD Banker Life Insurance Exam Questions and Answers
- Exam (elaborations) • 38 pages • 2024
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AD Banker Life Insurance Exam 
Questions and Answers 
(Insurance Companies or Carriers) provide insurance coverage by issuing particular 
insurance policies or contracts - Correct Answer ️️ -Insurers 
Independent sales organizations that provide service and distribute insurance policies to 
consumers - Correct Answer ️️ -Insurance Agencies 
are licensed individuals representing an insurance company when transacting insurance 
business - Correct Answer ️️ -Insurance Agents or Producer...
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AD Banker Property & Casualty Practice Test 100% Correct Solved
- Exam (elaborations) • 14 pages • 2024
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AD Banker Property & Casualty Practice 
Test 100% Correct Solved 
An applicant makes a statement on the insurance application which becomes part of 
the contract that she has an alarm system which qualifies her for a premium discount. 
This statement is considered a ________. - Correct Answer ️️ -Warranty 
In an insurance contract, the value that each party gives the other is called the 
_____________. - Correct Answer ️️ -Consideration 
An insurer that is authorized to do business in a ...
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AD Banker Life and Health Exam Practice Questions and Answers
- Exam (elaborations) • 45 pages • 2024
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AD Banker Life and Health Exam 
Practice Questions and Answers 
The individual who controls the contract and is responsible for making payments into 
the contract as well as having all of the contractual rights in the policy is the owner. - 
Correct Answer ️️ -owner 
A policy that pays for injury and illness off the job only. - Correct Answer ️️ - 
Nonoccupational Policy 
*Licensed, daily (but not 24-hour) care 
*Supervision of R.N. or L.P.N. 
*Daily medical patient record - Correct Answ...
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AD Banker - Life Insurance Exam Questions and Answers
- Exam (elaborations) • 21 pages • 2024
- Available in package deal
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AD Banker - Life Insurance Exam 
Questions and Answers 
Failure to repay a loan or loan interest will void a life insurance policy: - Correct Answer ️️ 
-If the total amount due equals or exceeds the policy's cash values 
An insured goes to the bank for a business start-up loan. Asking for more security, the 
bank agrees to accept a(n) __________ on a permanent life insurance policy owned by 
the customer. - Correct Answer ️️ -Collateral assignment 
The Insurance Code requires producers...
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AD Banker Life Insurance Bundled Exams Questions and Answers 100% Verified and Updated | Graded A+
- Package deal • 5 items • 2024
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AD Banker Life Insurance Bundled Exams Questions and Answers 100% Verified and Updated | Graded A+
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AD Banker Life and Health Exam Practice Questions and Answers
- Exam (elaborations) • 45 pages • 2024
- Available in package deal
-
- $13.49
- + learn more
AD Banker Life and Health Exam 
Practice Questions and Answers 
The individual who controls the contract and is responsible for making payments into 
the contract as well as having all of the contractual rights in the policy is the owner. - 
Correct Answer ️️ -owner 
A policy that pays for injury and illness off the job only. - Correct Answer ️️ - 
Nonoccupational Policy 
*Licensed, daily (but not 24-hour) care 
*Supervision of R.N. or L.P.N. 
*Daily medical patient record - Correct Answ...
-
AD Banker - Life Insurance Exam Questions and Answers
- Exam (elaborations) • 21 pages • 2024
- Available in package deal
-
- $12.49
- + learn more
AD Banker - Life Insurance Exam 
Questions and Answers 
Failure to repay a loan or loan interest will void a life insurance policy: - Correct Answer ️️ 
-If the total amount due equals or exceeds the policy's cash values 
An insured goes to the bank for a business start-up loan. Asking for more security, the 
bank agrees to accept a(n) __________ on a permanent life insurance policy owned by 
the customer. - Correct Answer ️️ -Collateral assignment 
The Insurance Code requires producers...
-
AD Banker Life Insurance Exam Questions and Answers
- Exam (elaborations) • 38 pages • 2024
- Available in package deal
-
- $13.49
- + learn more
AD Banker Life Insurance Exam 
Questions and Answers 
(Insurance Companies or Carriers) provide insurance coverage by issuing particular 
insurance policies or contracts - Correct Answer ️️ -Insurers 
Independent sales organizations that provide service and distribute insurance policies to 
consumers - Correct Answer ️️ -Insurance Agencies 
are licensed individuals representing an insurance company when transacting insurance 
business - Correct Answer ️️ -Insurance Agents or Producer...
-
AD Banker Comprehensive Final Exam Questions and Answers
- Exam (elaborations) • 52 pages • 2024
- Available in package deal
-
- $13.49
- + learn more
AD Banker Comprehensive Final Exam 
Questions and Answers 
Dividends if declared are paid: 
A. Annually 
B. Semi-annually 
C. Monthly 
D. Quarterly - Correct Answer ️️ -A. Annually 
An insured dies within the time limit of an Increasing Term Rider and the beneficiary 
receives the face amount plus the value of all paid premiums. Which rider is attached to 
the policy? 
A. Return of Cash Value 
B. Term to age 100 
C. Return of Premium 
D. Waiver of Premium - Correct Answer ️️ -C. Return o...
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