1) Qualitative data includes which of the following?

A Priorities of various objectives

B Feeling toward society

C Attitude towards life insurance

D) A and B

E) B and C

2) The insurance world is broken down into insurance for people and property.Which of the following is true?

A) Discounts or bundles can be obtained for people and property if you have your policies with one company

B) Life and disabilityInsurance for people is mandatory

C) Discounts are only available on property bundles

D) Discounts are available on people if bundled

3) Your client recently installed fire alarms throughout her home. This is an example of:

A.Risk avoidance

B.Risk identification

C.Risk transfer

D.Risk reduction

4) Which of the following is characteristic of level-term insurance?

A.Premium and protection level remained unchanged

B.Renewal until age 65

C.It requires a larger premium in its earlier years than the premium of an ordinary term policy

D.It has a cash accumulation value

5) In today's world when attaining the CFP designation which of the following,if any,is required?

A.College degree

B.Working for a major broker dealer

C.Possessing a series 7 license

D.Industry experience