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How to Insert Page to the Insurance Plan

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all right hello everybody this is melissa the insurance exam queen and i wanted to talk about um parts of a policy so this is usually part of the section of the exam that is under either pnc basics if you are taking a prometric exam or it will be part of policy provisions and contract law if youre taking a pearson exam and if you dont know if youre taking prometric or pearson its who are you scheduling your test with whichever um if you were to google your state exam so lets say youre in new york you do new york insurance exam schedule its going to either pop up as a pearson website or a prometric website or technically psi but psi will also follow either pearson or prometric so you just have to if it says psi then you got to look at the chapter titles but i most state exams are prometric or pearson anyway so anyway um this is regardless of all that this is a big part of the policy so or a big part of the exam for most people so if youre taking the property and casualty exam or

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What is the disadvantage of universal life insurance?

Some disadvantages of getting universal life insurance include higher premiums, surrender fees, lapse potential and uncertain returns. A guaranteed universal life (GUL) insurance policy offers a death benefit and payments that will not increase with time.

What is death benefit option 2?

Death Benefit Option 2 Provides a fluctuating death benefit that equals the face amount of your policy plus the policys cash value, so the total benefit amount is basedin parton the potential growth of your policy.

How do I enter insurance information in dentrix?

Adding insurance plans On the Home menu, under Insurance, click (or tap) Carriers. Select an insurance carrier. Under Plans/Employers, click (or tap) Add Plan. Enter the plan or employer name, and set up the other options as needed. Click (or tap) Save.

What is option 1 in a universal life policy?

Option 1. Provides a level death benefit equal to the Basic Amount of life insurance you choose.

What is the difference between option A and option B life insurance?

You can choose how the death benefit will be paid out by selecting either Option A or Option B. Option A provides a level death benefit for the life of the policy, while Option B provides an increasing death benefit thats equal to the policys face value.

What is Option 1 insurance?

By. Permanent life insurance allows owners to select two death benefit options for when the policyholder dies: a level death benefit, sometimes called Option 1, or an increasing death benefit, also known as Option 2.

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Insert Page to the Insurance Plan