41. A homeowner who is at least 62 years old can convert all or part of his or her home equity into cash without having to sell the home or take on additional monthly bills by what means? O a. a second trust deed ob. a promissory note oc. a reverse mortgage od. a consumer loan 42. Who are the best candidates for self-funding long-term care costs? Ca. those with moderate incomes and assets ob. those with above average wealth whose disposable incomes exceed the cost of care oc those with few assets and low or no incomes Od those with high incomes but low net worth 43. All of the following are qualified medical expenses that could be paid from a health savings account EXCEPT: a. hearing aids ob. eye exams oc. books on weight loss Od. long-term care insurance premiums 44. Dean is the owner and insured under a $100,000 life insurance policy that has a cash value of $68,000. He takes a withdrawal of $45,000. Which of the following statements is true? Oa. Dean must use the withdrawal to purchase an immediate annuity ob. Dean must pay interest on the withdrawal at a rate set by the IRS. OC. Dean must pay back the withdrawn funds within two years or the policy will be canceled. Od. Dean's withdrawal will reduce the amount of death benefits payable to his beneficiary. 45. Who of the following is engaging in a permissible sales practice? Ca. Producer A tells Gabi that a particular policy is exactly the policy bought by a famous celebrity, so how could she go wrong in buying it? ob. Producer B tells Richard that a particular insurance company is known for paying claims for conditions not even technically covered by their policies. OC. Producer C claims that the policy Flora is considering is, as everyone knows, quite simply the best insurance policy ever designed for long-term care. d. Producer D tells Polly that, in his opinion and based on what he has seen, a particular insurance carrier is especially responsive to its customers when dealing with claims