All life insurance policies (except industrial insurance) issued in Nebraska must contain all of the following EXCEPT:

A) an entire contract provision.

B) a misstatement of age provision.

C) a 30-day grace period.

D) a 30-day free look period.

Answer: a 30-day free look period.

Nebraska Law

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All of the following are considered limited lines of authority EXCEPT
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The pro rata liability clause is designed to protect the principle of
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A domestic insurer issuing variable contracts must establish one or more
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Which of the following best defines target premium in a universal life policy?
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A beneficiary change can occur
No existing agent's license will be revoked until
Which of the following statements about aleatory contracts is NOT true?
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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Under an extended term nonforfeiture option, the policy cash value is converted to
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The pro rata liability clause is designed to protect the principle of
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In an insurance contract, the applicant's "consideration" is the
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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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A securities license is required for a life insurance producer to sell
Which of the following statements about accumulated interest earned on dividends from an insurance policy is TRUE?
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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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What is the benefit of choosing extended term as a nonforfeiture option?
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Which of the following is true regarding a market value adjusted annuity?
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Life income joint and survivor settlement option guarantees
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Which of the following is NOT true regarding a Certificate of Authority?
Which of the following is NOT an example of utilization review?
The requirement that agents not commingle insurance monies with their own funds is known as
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What is the other term for the cash payment settlement option?
Circulating deceptive sales material to the public is what type of Unfair Trade Practice?
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