A policyowner names two children as beneficiaries "per stirpes." If one child dies before the insured but leaves children, how are that deceased child's share and the surviving child's share handled?

• A. The deceased child's descendants receive that child's share.
• B. The deceased child's share passes to the insurer.
• C. The surviving child receives all proceeds.
• D. The estate of the deceased child automatically receives all proceeds.

For which of the following losses would an insurance company MOST likely pay benefits under an Accidental Death and Dismemberment policy?

• A. Loss of the spleen due to an accidental injury
• B. Loss of life due to a heart attack
• C. Loss of eyesight due to an accidental injury
• D. Partial paralysis due to a stroke

An insurer shall not issue an individual long-term care insurance contract in Nevada unless the insurer has received from the applicant:

• A. a written designation by the applicant to pay premium for long-term care insurance through either a payroll or pension deduction plan
• B. a designation by at least one person, in addition to the applicant, to accept liability for services provided to the applicant
• C. a written designation of at least one person, in addition to the applicant, who must receive notice of any lapse or termination of coverage under the policy for nonpayment of premium
• D. a notarized waiver dated and signed by the applicant stating that the applicant has chosen not to designate another person to receive notice of any lapse or termination of coverage for nonpayment of premium

A client needs a $250,000 death benefit for exactly 20 years to protect a home mortgage. The client wants the lowest practical initial premium and does not need cash-value accumulation. Which policy is most appropriate?

• A. Level term life insurance
• B. Variable life insurance
• C. Universal life insurance
• D. Whole life insurance