Practice tips
How to work through life insurance and Texas-law questions under exam conditions.
Showing 51 to 60 of 83 articles · Page 6 of 9
- Universal Life Lapse Calculation QuestionsUniversal life stays in force only while the contract’s funding, account value, and any applicable guarantee satisfy policy conditions. A simplified p…
- Variable and Indexed Life Insurance Case QuestionsVariable life exposes cash value to separate-account investment risk; indexed life credits interest under a contract formula tied to an index. Caps, f…
- Waiver of Premium and Disability Income Rider Case QuestionsA waiver-of-premium rider can keep a life policy in force after a disability that meets the rider’s definition and waiting period. A disability-income…
- War, Aviation, and Dangerous-Occupation Exclusion Case QuestionsWar, aviation, and hazardous-occupation questions require close reading of the issued policy. A life contract may define or exclude specified causes, …
- When to Guess on the Texas Life Agent ExamGuess rather than leave a Life Agent exam question blank: Pearson does not penalize incorrect answers. Read the stem, identify the rule, eliminate cho…
- Whole Life vs. Universal Life Case QuestionsWhole life generally offers scheduled premiums and guaranteed policy values under the contract, while universal life typically separates flexible prem…
- Guaranteed Insurability Rider Case QuestionsA guaranteed insurability rider lets a policy owner buy additional life coverage at specified times or events without new evidence of insurability, su…
- Long-Term-Care Life Rider Case QuestionsA long-term-care rider attached to life insurance may let an insured access part of the death benefit after meeting the contract’s care trigger, often…
- Section 1035 Annuity Exchange Practice QuestionsA qualifying Section 1035 exchange generally transfers annuity value directly to another eligible annuity without current gain recognition, carrying o…
- Group-Term Life Imputed-Income Calculation Practice QuestionsFor employer group-term life coverage, the first $50,000 is generally excluded from wages. Coverage above that amount may create imputed income using …