License wfg Study guides, Class notes & Summaries

WFG License Practice Questions and answers 2023

WFG LICENSE PRACTICE

WFG LICENSE EXAM (LIFE, INSURANCE, ACCIDENT)

WFG License Practice Questions and Answers 100% Verified and Updated If the insured has a terminal illness, which provision would allow him or her to access a portion of the policy death benefit prior to death? - Correct Answer ️️ -Accelerated benefits All of the following are classified as life activities by the ADA (Americans with Disabilities Act) EXCEPT: - Correct Answer ️️ -Driving An insurer selling without a license would be guilty of which of the following? - Correct Answ...

WFG License Exam (Life, Insurance, Accident) Questions With 100% Correct Answers insurance - answercontract whereby one undertakes to idemnify [restore before loss] another against loss, damage, liability from contingency [unknown/ unplanned events] indemnify Give Example. - answerrestore person to some financial position before loss has occurred to make someone whole EX: If someone passes, that lost of income is covered by life insurance (percentage of what is covered depends on plan o...

If the insured has a terminal illness, which provision would allow him or her to access a portion of the policy death benefit prior to death? - Answer-Accelerated benefits All of the following are classified as life activities by the ADA (Americans with Disabilities Act) EXCEPT: - Answer-Driving An insurer selling without a license would be guilty of which of the following? - Answer-A misdemeanor The enrollee pays what percentage of the premium for Medicare Part B? - Answer-100% An insure...

insurance - Answer-contract whereby one undertakes to idemnify [restore before loss] another against loss, damage, liability from contingency [unknown/ unplanned events] indemnify Give Example. - Answer-restore person to some financial position before loss has occurred to make someone whole EX: If someone passes, that lost of income is covered by life insurance (percentage of what is covered depends on plan of insurance purchased before incident) contingency - Answer-unknown/ unplanned ev...

WFG License Exam (Life, Insurance, Accident) Already Rated A+ insurance contract whereby one undertakes to idemnify [restore before loss] another against loss, damage, liability from contingency [unknown/ unplanned events] indemnify Give Example. restore person to some financial position before loss has occurred to make someone whole EX: If someone passes, that lost of income is covered by life insurance (percentage of what is covered depends on plan of insurance purchased before ...

License Test (WFG) Exam Questions And Answers (Verified And Updated) A policy shall specify all of the following except - answerThe financial rating of the insurer The chance of loss without any possibility for gain is known as - answerPure risk The entire contract provision on a life insurance policy states - answerThe entire contract includes the policy and the application, if attached Insurable interest must exist: - answerat the time of the application All of the following would be co...