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IFSE Institute Life License Qualification Program LLQP Question # 60 Topic 7 Discussion

LLQP Exam Topic 7 Question 60 Discussion:
Question #: 60
Topic #: 7

(Jim is buying a life annuity with insurance settlement money due to a disabling accident. He declines a guarantee period to maximize monthly payments.

Which of the following must the agent be sure to note on the application?)
A.

Marilyn as the joint annuitant.

B.

Marilyn as the beneficiary.

C.

Jim as the annuitant.

D.

Jim as the beneficiary.

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Actual exam question for IFSE Institute LLQP exam by Sage9868 at May 2, 2026, 10:12:02 PM

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