Series 6 - Investment Company And Variable Contracts Products Representative Exam
Which of the following statements about contract exchanges is true?
No medical underwriting is required for the exchange.A
The length of time the exchange privilege is in effect may be between 6 to 18 months.B
If a contract is exchanged, the new whole life policy has the date of the exchange as its issuance date.C
If a contract is exchanged, the whole life policy's death benefit is the maximum guaranteed in the variable life policy.D
In contract exchanges, no medical underwriting (evidence of insurability) is required.
Part of the questions for each course
- 20 of 150
- Series 6
- 30 of 500
- Series 7
- 50 of 625