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Which of the following is false a when an agent makes

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20.Which of the following is false?a.When an agent makes a sales presentation, he has to sell confidence in theproduct.b.When an agent meets a prospect for the first, he has to sell confidence inhimself.c.The primary job of an agent is to get people happily involved with the ownershipof his policy.d.The job of an agent is to squeeze as much money as possible out of making anew sale.
21.What will happen if the insured fails to pay the interest on a policy loan during itspolicy anniversary?
22.If a policyholder changes his occupation without notifying the company, might it affectthe benefits under his policy?
23.If a policy owner wants to have a claim, what are his basic settlement options?
24.A businessman has arranged for a development loan which will be available 1 yearfrom now. Because he is unable to wait until then he has arranged an interim loan withhis bank. The only problem is that the bank wants loan secured against the risk of hisdeath. What is the best economic arrangement that you recommend?a.Decreasing term
b.Interim termc.Extended termd.Yearly renewable term25.In which circumstance does an insurance company has the right to rescind a policy?

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