6. The cost of living rider is intended to A Reduce premium expense B Provide reimbursement for extra expense C Increase the death benefit D increase the mortality rate 7. Which of the following refers to rights of a life Insurance policy to another party? A Assignment Consideration c Surrender D. Consolidation Following refers to the transfer of all or some of the ownership no cause of loss that an insurance company insuros against is A. Chance B. Hazard C. Peril D. Indemnity 9. Into what type of conservative investment account are fixed annuity contributions deposited? A Asset B. Guaranteed C. Separate D. General 10. The Superintendent may refuse to renew, suspend or revoke a license for: A. Giving an incorrect rate quote B. Failing to pay state income taxes C. Failing to meet sales quotas D. Using a telemarketer to get leads 11. Which of the following statements is truo rogarding a Universal Life policy? A. The face amount can be increased without evidence of insurability B. The premiums are not flexible C. It combines a cash account and annually renewable term insurance D. It is issued without a guaranteed interest rate