The term burglary as used in burglary and robbery insurance, means the felonious taking of property in which of the following ways

a. From within an insured premises, safe, or vault, leaving visible marks of forced entry

b. From a custodian, by violence or threats of violence, or from his person or direct custody, if he has been killed or rendered unconscious

c. From an armored car or the employee of an armored car

d. By the threat of violence to someone inside or outside the insured premises

Answer: a. From within an insured premises, safe, or vault, leaving visible marks of forced entry

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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
All of the following statements concerning the use of life insurance as an Executive Bonus are correct EXCEPT
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A beneficiary change can occur
No existing agent's license will be revoked until
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Ambiguities in an insurance policy are always resolved in favor of the
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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The pro rata liability clause is designed to protect the principle of
When the principal gives the agent authority in writing, it's referred to as
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Circulating deceptive sales material to the public is what type of Unfair Trade Practice?
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The requirement that agents not commingle insurance monies with their own funds is known as
Who is responsible for assembling the policy forms for insureds?
Life income joint and survivor settlement option guarantees
What is the other term for the cash payment settlement option?
Which of the following is NOT true regarding the accumulation period of an annuity?
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The requirement that agents not commingle insurance monies with their own funds is known as
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What is the purpose of establishing the target premium for a universal life policy?
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