Loma 281 Study guides, Class notes & Summaries

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LOMA 281: Meeting Customer Needs with Insurance Annuities (A+ Guaranteed) Popular
  • LOMA 281: Meeting Customer Needs with Insurance Annuities (A+ Guaranteed)

  • Exam (elaborations) • 22 pages • 2023 Popular
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  • Assume you're applying for a life insurance policy. During his presentation, the insurance agent makes the following statements. Are they all true? (Select all that apply.) a. People buy insurance to reduce the financial risk they face but not every type of risk is insurable. b. both pure risks and speculative risks are insurable. c. most life insurance policies are valued contracts, which state at the time of policy issue the time amount of the benefit payable when the insured person d...
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LOMA 281 Module 4 | 174 Questions & Answers Solved 100% Correct!!
  • LOMA 281 Module 4 | 174 Questions & Answers Solved 100% Correct!!

  • Exam (elaborations) • 38 pages • 2023
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  • Group Insurance - A method of providing life or health insurance coverage for a group of people under one insurance contract. commonly provide: - life insurance, medical expense insurance, disability insurance, and dental insurance coverage Master group insurance contract - An insurance contract that insures a number of people. Group insured - An individual covered by a group insurance policy. Group policyholder - The person or organization that decides what types of group insurance cover...
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LOMA 281 Module 3 Study Questions and Answers 2023-2024
  • LOMA 281 Module 3 Study Questions and Answers 2023-2024

  • Exam (elaborations) • 5 pages • 2023
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  • Waiver of premium for disability benefit - A supplemental life insurance policy benefit under which the insurer promises to give up - to waive - its right to collect premiums that become due while the insured is totally disabled. Waiver of premium for payor benefit - A supplemental life insurance policy benefit under which the insurer agrees to waive its right to collect a policy's renewal premiums if the policyowner dies or becomes totally disabled. Disability income benefit - A suppleme...
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LOMA 281 Module 2 Exam (2023/24) || All Questions & Answers (Graded A)
  • LOMA 281 Module 2 Exam (2023/24) || All Questions & Answers (Graded A)

  • Exam (elaborations) • 35 pages • 2024
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  • LOMA 281 Module 2 Exam (2023/24) || All Questions & Answers (Graded A) LOMA 281 Module 2 Exam (2023/24) || All Questions & Answers (Graded A) LOMA 281 Module 2 Exam (2023/24) || All Questions & Answers (Graded A)
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LOMA 281 Module 4 Exam 2024 || Questions & Answers 100% Correct
  • LOMA 281 Module 4 Exam 2024 || Questions & Answers 100% Correct

  • Exam (elaborations) • 29 pages • 2024
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  • LOMA 281 Module 4 Exam 2024 || Questions & Answers 100% CorrectLOMA 281 Module 4 Exam 2024 || Questions & Answers 100% CorrectLOMA 281 Module 4 Exam 2024 || Questions & Answers 100% CorrectLOMA 281 Module 4 Exam 2024 || Questions & Answers 100% Correct
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LOMA 281 Module 3 Questions and Answers 2023 with complete solution
  • LOMA 281 Module 3 Questions and Answers 2023 with complete solution

  • Exam (elaborations) • 27 pages • 2023
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  • LOMA 281 Module 3 Questions and Answers 2023 with complete solution
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