Life2

The objective of underwriting is to

• Avoid selecting a disproportionate number of bad risk what are members of the medical information bureau

• Attending physician

What distinguishes a deferred annuity from an immediate annuity?

• The time at which benefit payment starts

• The time benefit end

(MIB) required to report?

• Medical ailments discovered during the underwriting process

• Medical participants

What must an applicant do in order to authorized the release of an attending physician report?

• Review form

• Sign a consent form

Most US life insurance companies belong to the

• Medical information bureau

• Health information

Which of the following is not an important reason for a life insurance application?

• The beneficiary cannot sign the policy

• The beneficiary must sign the application before the insurer will issue the policy

Which of the following describes a contributory group insurance plan?

• Part of the premium is paid by the employee

• Total de premium is paid

Who is issued a certification of insurance with group insurance policy?

• Employees

• Participant

Who are the parties to the master contract in a group life insurance policy?

• Company and owner

• Insurer and employer

Employer-provided group term life insurance is exempt from income taxation up to

• $50000

• $10000