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FINAL EXAM -CALIFORNIA LIFE AND HEALTH INSURANCE (CA)
FINAL EXAM -CALIFORNIA LIFE AND 
HEALTH INSURANCE (CA) 
Employer-provided group term life insurance is exempt from income taxation up to - 
CORRECT ANSWER-$50,000 
Medicare Part B has an initial enrollment period. How many months after an individual's 
65th birthday month does this enrollment period end? - CORRECT ANSWER-3 months 
Which statement is true regarding policy dividends? - CORRECT ANSWER-A dividend 
option is selected by the insured at the time of policy purchase 
What does the in...
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FINAL EXAM -CALIFORNIA LIFE AND 
HEALTH INSURANCE (CA) 
Employer-provided group term life insurance is exempt from income taxation up to - 
CORRECT ANSWER-$50,000 
Medicare Part B has an initial enrollment period. How many months after an individual's 
65th birthday month does this enrollment period end? - CORRECT ANSWER-3 months 
Which statement is true regarding policy dividends? - CORRECT ANSWER-A dividend 
option is selected by the insured at the time of policy purchase 
What does the in...
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