Which of the following premium modes would result int he highest annual cost for a life insurance policy?

A. Semi-annual

B. Annual

C. Monthly

D. Quarterly

Answer: C. Monthly

Accident and Health Insurance

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The pro rata liability clause is designed to protect the principle of
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A type of group that has a constitution and bylaws and has been organized for purposes other than obtaining insurance is called a(n)
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In an insurance contract, the applicant's "consideration" is the
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How many pair of glasses in a 12-month period will a vision expense insurance plan cover?
The voluntary relinquishment of a legal right is called
What documentation grants express authority to an agent?
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All of the following statements are true regarding installments for a fixed amount EXCEPT
Fraternal Benefit Society has each of the following characteristics EXCEPT
Which contract element is insurable interest a component of?
Which nonforfeiture option provides coverage for the longest period of time?
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All of the following are true regarding rebates EXCEPT
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Life income joint and survivor settlement option guarantees
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The requirement that agents not commingle insurance monies with their own funds is known as
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