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2024 Indiana Life Insurance Practice Exam with Answers (75 Solved Questions)

Prepare for your upcoming exam with 2024 Indiana Life Insurance Practice Exam with Answers, offering a comprehensive collection of real exam questions and answers.

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Indiana Life Insurance Exam With Correct Questions & AnswersLatest UPDATED 2024Which of the following statements is true about the Group Lifeconversion privilege?a. Death during the conversion period is covered even if thedeparting employee chooses NOT to convert to an individual policy.b. The departing employee must pay the premium if they elect to becovered during the conversion period.c. If a departing employee elects to convert their life insurance, thecompany must offer Term insurance as a choice.d. Under the COBRA laws a departing employee may elect to remaina member of the Group Life plan for a limited period of time. - A.Death during the conversion period is covered even if the departingemployee chooses NOT to convert to an individual policy.Which of the following is a combination of Decreasing Term andWhole Life?a. Family Income Policyb. Family Maintenance Policyc. Modified Lifed. Family Policy - A. Family Income Policy

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