Free and New Printable insurance agent exam sample Questions 1-150

Free insurance agent exam samples questions 2012-13

This is 4rth part of my blog on insurance agent exam. You will find all answers in Red.

 

Please Print, Practice and Pass insurance agent exam

Free insurance agent exam samples question 28-35

Question 28

All of the following are true regarding Viatical Settlements EXCEPT:

A. Amounts received are taxable to the policy owner

B. They are done by clients who need to raise money to pay medical bills

C. The policy is sold at a discount

D. An absolute assignment of policy ownership is required

Question 29

If an IRA participant dies before distributions begin and his spouse is his beneficiary:

A. All funds must be distributed within 5 years

B. Required minimum distributions must begin when participant would have been age 70 ½

C. The spouse can roll-over all funds to a new IRA

D. All funds must be distributed immediately

Question 30

Which of the following types of annuities will continue to make payments to a beneficiary after the annuitant has died:

A. Pure life

B. Period certain

C. Straight life

D. Life income

Question 31

If not kept in force for a long period of time, which type of Life Insurance is most expensive:

A. Whole life

B. Decreasing term

C. Annual renewable term

D. Level term

Question 32

When an annuitant dies before annuitizing the contract, his beneficiary will receive:

A. Nothing

B. The face amount of the policy

C. The premiums paid in

D. The value of the account

Question 33

All of the following are true regarding Decreasing Term life insurance EXCEPT:

A. It is often used by financial institutions who write Credit Life for debtors

B. The face amount goes down over the term of the policy

C. The premium goes down as the coverage decreases

D. It is often used as Mortgage Protection coverage

Question 34

All of the following are true about Life Insurance provisions EXCEPT:

A. The reinstatement provision applies after a policy lapses for non-payment

B. An absolute assignment is a change in the ownership of the policy

C. A revocable beneficiary may be changed at any time

D. Mutual insurers may pay dividends to stockholders

Question 35

A mutual policyholder who wants to minimize his annual insurance cost should select which of the following dividend options:

A. Interest

B. 1 year term

C. Paid-up additions

D. Apply to premium when due

ANSWERS & RATIONALES- Free insurance agent exam samples question 28-35

28. A When a policy owner with a terminal illness sells their life insurance policy to an investor, it is known as a Viatical Settlement. The policy owner assigns his ownership in his policy to an investor in return for a discounted current payment. The investor names

himself as beneficiary and will receive tax free proceeds upon the death of the insured. Income received is not taxable to the former policy holder.

29. B If the spouse is the IRA owner's sole beneficiary and the owner dies before distributions begin, the surviving spouse can take withdrawals over her life expectancy, but withdrawals must start no later than the date on which the deceased IRA owner would have been age 70 1/2.

Or, the surviving spouse may elect to treat the IRA as being her own and start distributions when she turns age 70 1/2, with required minimum distributions based upon her life expectancy at that time.

30. B Pure life, straight life or life income annuities are all the same thing, and have no beneficiary. If the annuitant dies, payments stop. However, a period certain annuity guarantees a certain number payments, even if the annuitant dies. For example, if an annuitant with a 10 year period certain dies after 5 years, payments would continue on to the beneficiary for another 5 years.

31. A In the long run, Whole Life insurance is the cheapest due to its cash value accumulation. However, since it takes a long time for the cash value to accumulate, it is the most expensive in the short run. Term insurance is the cheapest in the short run, but most expensive in the long run, since it never has a cash value.

32. D When an annuitant dies during the accumulation period of an annuity, the beneficiary will receive the accumulated value of the account, which includes all premiums paid in by the annuitant plus any accumulated interest. Of course, the interest will be taxable to the beneficiary.

33. C On Decreasing Term life insurance, the premium stays the same as the face amount goes down. It is often used in Credit Life and Mortgage Protection insurance. Remember, term life insurance has no cash value.

34. D Mutual insurers might pay dividends to policyholders, not stockholders. Mutuals are owned by their policyholders and do not issue stock. Instead, they issue ‘participating’ policies, where the policyholders might participate in the company profits in the form of dividends, which are never guaranteed.

35. D Mutual policyholders may select from several dividend options, if a dividend is declared. If the policyholder elects to apply his dividend to his annual premium when due, this cash outlay will be reduced. However, dividends may not be guaranteed.

Free and New Printable MAT (Miller Analogies Test) Sample Questions VII (Other English Exam)

Print, Practice and Pass MAT Admission Entrance Exam 2013-14

This is my 7th part of blog on MAT sample questions. In this part of my blog you can do some practice sample question to prepare in English exams.

The Miller Analogies Test (MAT) is a test of verbal skills (vocabulary and comprehension) and analytical thinking which the test makers have designed to be a predictor of success in graduate school and professional life.

You can use this test for other English related exams too

Free Printable MAT test Sample Questions 61-70

 

Question 61

PERFORATION : SEAL :: (____) : SKIN

A. contraption

B. adhesion

C. scar

D. laceration

Question 62

ARGON : ELEMENT :: (____) : COMPOUND

A. copper

B. water

C. oxygen

D. lead

Question 63

PROBITY : GUILE :: (____) : LAZINESS

A. industry

B. felicity

C. ingenuity

D. decorum

Question 64

TURNIP : (____) :: POTATO : STEM

A. flower

B. vegetable

C. root

D. gourd

Question 65

0.125 : (____) :: 0.75 : ¾

A. 1/8

B. 1/9

C. 1/16

D. 1/20

Question 66

(____) : SEPARATE :: JOIN : REND

A. desecrate

B. capitulate

C. promulgate

D. amalgamate

Question 67

CAROUSE : SEDATE :: ENTHUSE : (____)

A. lukewarm

B. voluble

C. hidden

D. controversial

Question 68

ZEALOT : PASSION :: (___) : DECEPTION

A. patriarch

B. quack

C. sybarite

D. libertarian

Question 69

(____) : JUNG :: ECONOMICS : PSYCHIATRY

A. Freud

B. Pasteur

C. Keynes

D. Leavis

Question 70

FRANKENSTEIN : SHELLEY :: DRACULA : (____)

A. Poe

B. Collins

C. Byron

D. Stoker

Question 71

CHOLERIC : ANGER :: (____) : DOUBT

A. narcissistic

B. gullible

C. skeptical

D. sanguine

Answers- Free Printable MAT test Sample Questions 61-70

61 D

62 B

63 A

64 C

65 A

66 D

67 A

68 B

69 C

70 D

71 C

Free and Printable TOEFL test Sample Questions for 2013 Part XIII (Other Eng. Exams)

Free and New TOEFL test Sample Questions for 2013-14

Good luck to all....




This is 13th part blog on Free TOEFL test Sample Practice Questions for 2013. In this part you will see questions related completing the sentences. These questions can be practice for other English related Practice Exams too.

Free TOEFL test Sample Practice Questions: Q 124-133

 

Choose the appropriate options to complete the sentences

 

Q 124

The man denied all responsibility for the rumors ---- for some time.



A) to be circulating

B) have circulated

C) to being circulated

D) having been circulating

E) be circulated




Q 125

We think the project, ---- relies on everyone making an effort, will be successful.



A) what

B) that

C) for which

D) which

E) where


Q 126

He showed me round the town, ---- was very kind of him.



A) where

B) that

C) who

D) what

E) which



Q 127

raud detectives are investigating the company, three of ---- senior executives have already been arrested.



A) which

B) that

C) whose

D) what

E) whom



Q 128

I intentionally didn't have lunch ---- I would be hungry tonight.



A) so that

B) in case

C) hence

D) however

E) moreover





Q 129

We were unable to get funding and ---- had to abandon the project.



A) therefore

B) notwithstanding

C) however

D) since

E) providing



Q 130

You mustn't think that you can borrow it whenever you want to just ---- I'm lending you my dress for tonight.



A) due to

B) despite

C) yet

D) because

E) in case of



Q 131

She has denied her family and refused to have any contact with them, ----?



A) hasn't she

B) isn't it

C) doesn't she

D) did she

E) wasn't it



Q 132

When she ---- to boarding school, she felt as though her parents ---- her.



A) has been sent / have rejected

B) sent / had rejected

C) sent / rejected

D) was sent / had rejected

E) had been sent / have rejected



Q 133

By the time I ---- the job advertised, it ---- too late to apply.



A) see / has been

B) had seen / has been

C) have seen / was

D)would see / had been

E) saw/ was

Answers-Free TOEFL test Sample Practice Questions: Q 124-133

124  D

125  D

126  E

127  C

128  A

129  A

130  D

131  A

132  D

133  E

 

Free and Printable SAT test Sample Questions 2013 Part XI (1-200)

New and Printable SAT test Sample Questions 2013 -14

This is 11th part of my blog for doing excellent in SAT exam. You can prepare for this exam by testing some free test questions. Make sure you first print the answers. In this part of blog you will see SAT Practice Questions from 163-169 in English.

Free SAT reading comprehension practice test- 163-169

This paragraph is taken from a book written sixty years ago by a British scientist in whom he considers the relationship between science and society.

The pioneers of the teaching of science imagined that its

introduction into education would remove the conventionality,

artificiality, and backward-lookingness which were characteristic;

of classical studies, but they were gravely disappointed. So, too, in

5 their time had the humanists thought that the study of the classical

authors in the original would banish at once the dull pedantry and

superstition of mediaeval scholasticism. The professional

schoolmaster was a match for both of them, and has almost

managed to make the understanding of chemical reactions as dull

10 and as dogmatic an affair as the reading of Virgil's Aeneid.

The chief claim for the use of science in education is that it

teaches a child something about the actual universe in which he is

living, in making him acquainted with the results of scientific

15 discovery, and at the same time teaches him how to think logically

and inductively by studying scientific method. A certain limited

success has been reached in the first of these aims, but practically

none at all in the second. Those privileged members of the

community who have been through a secondary or public school

20 education may be expected to know something about the

elementary physics and chemistry of a hundred years ago, but they

probably know hardly more than any bright boy can pick up from

an interest in wireless or scientific hobbies out of school hours.

As to the learning of scientific method, the whole thing is palpably



25 a farce. Actually, for the convenience of teachers and the

requirements of the examination system, it is necessary that the

pupils not only do not learn scientific method but learn precisely

the reverse, that is, to believe exactly what they are told and to

reproduce it when asked, whether it seems nonsense to them or

30 not. The way in which educated people respond to such quackeries

as spiritualism or astrology, not to say more dangerous ones such

as racial theories or currency myths, shows that fifty years of

education in the method of science in Britain or Germany has

produced no visible effect whatever. The only way of learning the

35 method of science is the long and bitter way of personal

experience, and, until the educational or social systems are altered

to make this possible, the best we can expect is the production of a

minority of people who are able to acquire some of the techniques

of science and a still smaller minority who are able to use and

40 develop them.

Adapted from: The Social Function of Science, John D Bernal (1939)

 

Q 163

The author implies that the 'professional schoolmaster' (line 7) has



A. no interest in teaching science

B. thwarted attempts to enliven education

C. aided true learning

D. supported the humanists

E. been a pioneer in both science and humanities.



Q 164

The author’s attitude to secondary and public school education in the sciences is



A. ambivalent

B. neutral

C. supportive

D. satirical

E. contemptuous



Q 165

The word ‘palpably’ (line 24) most nearly means



A. empirically

B. obviously

C. tentatively

D. markedly

E. ridiculously



Q 166

The author blames all of the following for the failure to impart scientific method through the education system except



A. poor teaching

B. examination methods

C. lack of direct experience

D. the social and education systems

E. lack of interest on the part of students



Q 167

If the author were to study current education in science to see how things have changed since he wrote the piece, he would probably be most interested in the answer to which of the following questions?



A. Do students know more about the world about them?

B. Do students spend more time in laboratories?

C. Can students apply their knowledge logically?

D. Have textbooks improved?

E. Do they respect their teachers?





Q 168

Astrology (line 31) is mentioned as an example of



A. a science that needs to be better understood

B. a belief which no educated people hold

C. something unsupportable to those who have absorbed the methods of science

D. the gravest danger to society

E. an acknowledged failure of science



Q 169

All of the following can be inferred from the text except



A. at the time of writing, not all children received a secondary school education

B. the author finds chemical reactions interesting

C. science teaching has imparted some knowledge of facts to some children

D. the author believes that many teachers are authoritarian

E. it is relatively easy to learn scientific method

Answers-Free SAT reading comprehension practice test- 163-169

 

163 B

164 E

165 B

166 E

167 C

168 C

169 E

New and Free Printable GRE Test Sample Questions X (Other English Exam)

Print, Practice and Pass GRE Test Admission Entrance Exam 2013

This is my 10th part of blog on GRE entrance exam sample questions. In the first part you learn how to prepare to do well in this GRE exam. In this part of my blog you can do some practice sample question to prepare in English

The Graduate Record Examination (GRE) is an exam that is produced and administered by the Educational Testing Service (ETS). This is an exam that is used by applicants to graduate school, and it serves as a common measure for the applicants.

 

Free Printable GRE test Sample Questions 100-106

 

Choose the two best answers that complete each sentence correctly

Q 100

I was nervous all day long, waiting ---- for the test results.

A) anxiously

B) eagerly

C) truthfully

D) hurriedly

E) concernedly

F) supposedly

Q 101

It is not surprising that audiences have acted ---- to the film as it was not only long but also boring.

A) randomly

B) appreciatively

C) indifferently

D) vitally

E) involuntarily

F) inattentively

Q 102

Chocolate was ---- for drinking until early Victorian times when a technique for making solid chocolate was devised.

A) solely

B) promptly

C) exclusively

D) persistently

E) closely

F) moderately

Q 103

The book I am reading will be ---- useful to me because of the wealth of practical information it supplies on child care.

A) primarily

B) immensely

C) typically

D) extremely

E) formerly

F) weakly

Q 104

Some people write the address on the envelope so ---- that it's a wonder whether it gets delivered.

A) intriguingly

B) punctually

C) unintelligibly

D) smoothly

E) evenly

F) illegibly

Q 105

If there is a risk of a heart disease, smoking should be stopped and diet has to be controlled ---

A) firmly

B) loosely

C) sincerely

D) rarely

E) rigidly

F) brutally

Q 106

We need to have more people among the staff who will act ----, promptly and responsibly in emergency situations

A) seemingly

B) irregularly

C) illogically

D) thoughtfully

E) meanly

F) cautiously

Answers- Free Printable GRE test Sample Questions 100-106

100. A and E

101. C and F

102. A and C

103. B and D

104. C and F

105. A and E

106. D and F