Insurance Questions

The policy will not become valid until the initial premium is collected or until

if the insured is intoxicated or under the influence of narcotics at the time of the loss

The general rule is that no alterations of any __________ can be made by any person other than the applicant without the applicant's written permission

two methods insurers use to determine the amount of benefits payable under their disability income policies

A _________ may be changed or removed by the policy owner at any time without _______ from the beneficiary

Social Security benefits are subject to ____________ if the beneficiary files an individual tax return and their annual income is ____________

When this option is exercised, the paid-up policy is the same kind as the original

Disability Income policy includes a _________ elimination period

receive the death benefit only if the (or all) primary beneficiary has died prior to the insured

nformation received from the Medical Information Bureau (MIB) about a proposed insured may be released to

When attached to the insurance policy, the application becomes ___________ between the ____________ and the _____________

The benefit is usually determined by ______________ of lost income by the stated monthly benefit for total disability

Any producer is required to act in a ______________ when collecting premiums or dealing with the public; all producers possess a _____________ when engaging in ________________

residual amount benefit based on the ____________ actually lost due to the _________________ taking into account the fact that _____________ and earn some income

Under the single, pure, or straight life income option, monthly installments are paid to the __________ for as long as they live

Group life insurance plans may be sponsored by employers, _____________, credit unions, ________ and any other organization formed for a reason other than ________

An insured will collect ___________ of the monthly income benefit while partially disabled __________ or a maximum of _________

Unless specifically requested as part of the contract or __________, the estate or heirs of a deceased beneficiary will not ____________ in this case

An insurance company will ____________ if the agent submits an incomplete application

Credit disability can be purchased to help make __________ if the insured were to ever become __________