Who assumes the investment risk with a fixed annuity contract?

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Who assumes the investment risk with a fixed annuity contract?

a) The owner
b) The annuitant
c) The insurer
d) The beneficiary

Answer: c) The insurer

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You are riding in Sarah's car when she fails to yield and causes an accident. Which of the following coverages would NOT pay for your injuries?

You are riding in Sarah's car when she fails to yield and causes an accident. Which of the following coverages would NOT pay for your injuries? Answer: Sarah's Collision coverage In the scenario described, if you are riding in Sarah's car when she fails to yield and causes an accident, the coverage that would typically not pay for your injuries would be "Medical Payments Coverage" (MedPay) or "Personal Injury Protection" (PIP), depending on the specific insurance policy and jurisdiction. Here's a breakdown of the relevant coverages and why they may or may not apply: Liability Coverage : This coverage pays for injuries and property damage you cause to others in an accident where you are at fault. Since Sarah is at fault in this scenario, her liability coverage would typically cover injuries to other parties involved in the accident, including you as a passenger in her car. However, it would not cover your injuries. Medical Payments Coverage (MedPay) :

Hannah is six months pregnant when she switches jobs. Which law ensures that Hannah's "pre-existing condition" will be covered under her new health insurance plan?

Hannah is six months pregnant when she switches jobs. Which law ensures that Hannah's "pre-existing condition" will be covered under her new health insurance plan? Answer: Health Insurance Portability and Accountability Act

A teacher may defer a portion of his earned income into an

A teacher may defer a portion of his earned income into an A. SIMPLE plan B. 529 plan C. 403(B) TSA D. HR-10 plan Answer: C. 403(B) TSA

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The pro rata liability clause is designed to protect the principle of
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The voluntary relinquishment of a legal right is called
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Purchasing a life insurance policy in order to avoid the forced sale of assets upon death is called
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All of the following are TRUE regarding the convertibility option under a term life insurance policy EXCEPT
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What documentation grants express authority to an agent?

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