Idaho Health Insurance exam 2024 with 100% correct answers
Agen/Producer correct answersa person who acts for another person or entitty known as the principal with regard to contractual arrangements with third parties; a legal rep of an insurance company Agent/angency contract correct answersa contract that is held between an insurer and an agent/producer, containing the expressed authority given to the agent/producer, outlining the duties and responsibilities to the principal. Applican or proposed insured correct answersa person who requests or seeks insurance from an insurer Death benefit correct answersthe amount paid when a claim is issued against a policy of insurance insurance policy correct answersa contract between a policyowner and an insurance who may or may not be the applicant or policyowner insured correct answersthe person covered by the policy of insurance who may or may not be the applicant or policyowner insurer correct answersthe company who issues a policy of insurance life insurance correct answersa coverage upon a person's life, and granting, purchasing or disposing of annuities policyowner correct answersthe person who is entitled to exercise the rights and privileges in the policy and who may or may not be the insured premium correct answersthe money paid to the insurance company for the policy of insurance agent, applicant, and the proposed insured correct answerspeople who must sign the application
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- January 12, 2024
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