Insurance producers who must maintain Premium Fund Trust Accounts (PFTAS) may withdraw funds from the account to pa premiums due insurers claim payments due insureds return premiums due insureds A. B. C. D. commissions due other licensees

All of the following statements about life insurance company investments are true EXCEPT income from these investments reduces the cost of insurance. funds for these investments are derived primarily from premium income, investment earnings, and maturing investments that must be reinvested. a primary objective in making these investments is safety of principal. the majority of these investments are short-term investments.

Credit unions are Group of answer choices not providers of insured deposits. mutual associations. available to the general public. mortgage lenders. special commercial lenders. \

Under the revised Annuity Suitability Model Regulation, all obligations to meet the consumer best interest standard and ensure that a consumer's financial needs and objectives are addressed now fall to the producer. Insurers have no obligations or practice standards under the new regulation. A.True b. False