consultants-life Practice Test

1Single Choice

Under Utah insurance regulations, when recommending a life insurance or annuity product to a consumer, a consultant is primarily required to:

A.Recommend the product with the highest commission rate available to the consultant
B.Ensure the product is suitable based on the consumer's financial situation, insurance needs, and objectives
C.Limit recommendations to term insurance products only
D.Obtain the consumer's signed waiver of the free-look period

Reveal the answer to continue