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California Insurance Exam Questions and Answers 100% Pass
California Insurance Exam Questions and 
Answers 100% Pass 
Two methods of determining insurance need: - Correct Answer ️️ -- Human Life 
Approach 
- Needs Approach 
Human Life Value Approach~ - Correct Answer ️️ -- One of two ways of calculating 
insurance need. 
- By discounting estimated future income 
- Calculating the amount of life insurance a family will need based on the financial loss 
that they will suffer if the insured person were to pass away today 
- 10X salary 
- Based on ...
- Exam (elaborations)
- • 104 pages •
California Insurance Exam Questions and 
Answers 100% Pass 
Two methods of determining insurance need: - Correct Answer ️️ -- Human Life 
Approach 
- Needs Approach 
Human Life Value Approach~ - Correct Answer ️️ -- One of two ways of calculating 
insurance need. 
- By discounting estimated future income 
- Calculating the amount of life insurance a family will need based on the financial loss 
that they will suffer if the insured person were to pass away today 
- 10X salary 
- Based on ...
California Insurance Exam Questions and Answers 100% Pass
California Insurance Exam Questions and 
Answers 100% Pass 
Two methods of determining insurance need: - Correct Answer ️️ -- Human Life 
Approach 
- Needs Approach 
Human Life Value Approach~ - Correct Answer ️️ -- One of two ways of calculating 
insurance need. 
- By discounting estimated future income 
- Calculating the amount of life insurance a family will need based on the financial loss 
that they will suffer if the insured person were to pass away today 
- 10X salary 
- Based on ...
- Exam (elaborations)
- • 104 pages •
California Insurance Exam Questions and 
Answers 100% Pass 
Two methods of determining insurance need: - Correct Answer ️️ -- Human Life 
Approach 
- Needs Approach 
Human Life Value Approach~ - Correct Answer ️️ -- One of two ways of calculating 
insurance need. 
- By discounting estimated future income 
- Calculating the amount of life insurance a family will need based on the financial loss 
that they will suffer if the insured person were to pass away today 
- 10X salary 
- Based on ...
CA Insurance License Exam Questions and Answers 100% Correct
CA Insurance License Exam Questions and 
Answers 100% Correct 
As used in this code the word "shall" is - Correct Answer ️️ -Mandatory (unless 
otherwise apparent) 
As used in this code the word "may" is - Correct Answer ️️ -permissive (unless 
otherwise apparent) 
"Oath" includes - Correct Answer ️️ -affirmation 
"Person" means - Correct Answer ️️ -person, association, organization, partnership, 
business trust, limited liability company, or corporation 
Definition of In...
- Exam (elaborations)
- • 30 pages •
CA Insurance License Exam Questions and 
Answers 100% Correct 
As used in this code the word "shall" is - Correct Answer ️️ -Mandatory (unless 
otherwise apparent) 
As used in this code the word "may" is - Correct Answer ️️ -permissive (unless 
otherwise apparent) 
"Oath" includes - Correct Answer ️️ -affirmation 
"Person" means - Correct Answer ️️ -person, association, organization, partnership, 
business trust, limited liability company, or corporation 
Definition of In...
INSY-3303 FINAL EXAM STUDY GUIDE WITH COMPLETE SOLUTIONS
the answers are incorrect
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