Question 2030 of 287 · Texas Life, Accident and Health Agent Exam

Life insurance policies commonly exclude losses from war when

Exactly one answer is correct.

Athe insured is a civilian living in an area where a war breaks out, depending on the class of risk involved
Bthe insured pays the premium late during the war period
Cthe policy has been in force for more than five years
Dthe death results from an act of war, whether declared or not, while the insured is in the service

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Correct answer to question 2030

D: the death results from an act of war, whether declared or not, while the insured is in the service

Explanation

A war exclusion allows the insurer to deny the face amount if the insured dies as a result of war. Many policies today are restricted to military service or war-related causes only.

2031An aviation exclusion in a life policy generally applies to
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2033A primary beneficiary and a contingent beneficiary differ in that the contingent beneficiary
2034An irrevocable beneficiary designation means that the
2035A common disaster (simultaneous death) provision is intended to
2036Naming a minor child directly as beneficiary can create problems because

Life insurance policies commonly exclude losses from war when

Correct answer to question 2030

Explanation

More questions: Life: Riders, Provisions, Options and Exclusions