Question 2025 of 324 · Texas Life, Accident and Health Agent Exam
Texas law allows a life insurance policy to pay less than the face amount if the death of the insured is
Exactly one answer is correct.
You got of questions right. Here on the question pages nobody remembers which ones you got wrong. The trainer saves your progress and asks the mistakes again until they stick.
Or free: the 10 questions most people get wrong
Show solution
Correct answer to question 2025
- A: by the insured's own hand, whether sane or insane
Explanation
Section 1101.055 lets a policy limit the settlement for death by the insured's own hand, death caused by a hazardous occupation stated in the policy, and death from aviation activities under conditions specified in the policy and approved by TDI. The length of any suicide exclusion period is set in the policy, commonly two years.
More questions: Life: Riders, Provisions, Options and Exclusions
- 2026If the insured's age was misstated on the application, the life insurer will usually
- 2027Which settlement option pays a fixed sum for a fixed number of years until the proceeds and interest are exhausted?
- 2028In the interest only settlement option, the beneficiary
- 2029An accelerated death benefit rider allows the owner to
- 2030Life insurance policies commonly exclude losses from war when
- 2031An aviation exclusion in a life policy generally applies to