9/8/25, 8:05 PM Wisconsin Accident and Health Insurance Exam Questions & Answers | 100% Verified solutions |Questions with Correct Answers 20…
Wisconsin Accident and Health Insurance Exam
Questions & Answers | 100% Verified solutions
|Questions with Correct Answers 2025 latest
update!!
Save
Terms in this set (230)
Dividends from a stock Shareholders
company are normally
sent to:
Beneficiaries
Shareholders
Policy holders
Insureds
Which of the following Life insurance
financial products creates
an instant estate, no
matter when the date of
death?
Mutual funds
Life insurance
Certificate of deposit
Deferred annuity
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Which of the following Producer contract
outlines the authority
given to the producer on
behalf of the insurer?
Rebating arrangement
Commingling contract
Controlled business
clause
Producer contract
Dividends from a mutual Policyholders
insurance company are
paid to whom?
Policyholders
Beneficiaries
Preferred stockholders
Stockholders
A stock insurance Policyowners
company is owned by its
Officers
Board directors
Policyowners
Shareholders
A reciprocal insurer Attorney-in-fact
typically has an
administrator who
manages the premiums
collected from the group's
members. This
administrator is called a(n)
Reciprocal commissioner
Attorney general
Attorney-in-fact
Reciprocal
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which reinsurance Treaty reinsurance
contract between two
insurers involves an
automatic sharing of the
risks assumed?
Arbitrage reinsurance
Facultative reinsurance
Excess reinsurance
Treaty reinsurance
A group-owned insurance Risk retention group
company that is formed to
assume and spread the
liability risks of its
members is known as a
Risk retention group
Treaty insurer
Risk assumption group
Captive insurer
Which group is the Do not Telemarketers
Registry designed to
protect against?
Telemarketers
Charities
Political organizations
Relatives
who regulates an insurer's State insurance departments
claim settlement
practices?
National Association of
Claim Adjusters
State attorney general
National Association of
insurance Commissioners
State insurance
departments
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Which of the following is Not doing a business deal after deciding it would be
Not an example of risk too risky
retention?
Becoming aware of a risk
and taking no action
Self-insuring a given risk
Deciding a business deal
is risky but going through
with it anyways
Not doing a business deal
after deciding it would be
too risky
Which of the following Risk transfer
describes the act of
insuring a risk against
possible loss?
Risk avoidance
Risk transfer
Hazard reduction
Loss management
ABC Company is Reduction
attempting to minimize the
severity of potential losses
within its company. The
company is engaged in
risk
Transference
Retention
Reduction
Avoidance
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Wisconsin Accident and Health Insurance Exam
Questions & Answers | 100% Verified solutions
|Questions with Correct Answers 2025 latest
update!!
Save
Terms in this set (230)
Dividends from a stock Shareholders
company are normally
sent to:
Beneficiaries
Shareholders
Policy holders
Insureds
Which of the following Life insurance
financial products creates
an instant estate, no
matter when the date of
death?
Mutual funds
Life insurance
Certificate of deposit
Deferred annuity
https://quizlet.com/1073259666/wisconsin-accident-and-health-insurance-exam-questions-answers-100-verified-solutions-questions-with-correct-an… 1/100
,9/8/25, 8:05 PM Wisconsin Accident and Health Insurance Exam Questions & Answers | 100% Verified solutions |Questions with Correct Answers 20…
Which of the following Producer contract
outlines the authority
given to the producer on
behalf of the insurer?
Rebating arrangement
Commingling contract
Controlled business
clause
Producer contract
Dividends from a mutual Policyholders
insurance company are
paid to whom?
Policyholders
Beneficiaries
Preferred stockholders
Stockholders
A stock insurance Policyowners
company is owned by its
Officers
Board directors
Policyowners
Shareholders
A reciprocal insurer Attorney-in-fact
typically has an
administrator who
manages the premiums
collected from the group's
members. This
administrator is called a(n)
Reciprocal commissioner
Attorney general
Attorney-in-fact
Reciprocal
https://quizlet.com/1073259666/wisconsin-accident-and-health-insurance-exam-questions-answers-100-verified-solutions-questions-with-correct-an… 2/100
,9/8/25, 8:05 PM Wisconsin Accident and Health Insurance Exam Questions & Answers | 100% Verified solutions |Questions with Correct Answers 20…
which reinsurance Treaty reinsurance
contract between two
insurers involves an
automatic sharing of the
risks assumed?
Arbitrage reinsurance
Facultative reinsurance
Excess reinsurance
Treaty reinsurance
A group-owned insurance Risk retention group
company that is formed to
assume and spread the
liability risks of its
members is known as a
Risk retention group
Treaty insurer
Risk assumption group
Captive insurer
Which group is the Do not Telemarketers
Registry designed to
protect against?
Telemarketers
Charities
Political organizations
Relatives
who regulates an insurer's State insurance departments
claim settlement
practices?
National Association of
Claim Adjusters
State attorney general
National Association of
insurance Commissioners
State insurance
departments
https://quizlet.com/1073259666/wisconsin-accident-and-health-insurance-exam-questions-answers-100-verified-solutions-questions-with-correct-an… 3/100
, 9/8/25, 8:05 PM Wisconsin Accident and Health Insurance Exam Questions & Answers | 100% Verified solutions |Questions with Correct Answers 20…
Which of the following is Not doing a business deal after deciding it would be
Not an example of risk too risky
retention?
Becoming aware of a risk
and taking no action
Self-insuring a given risk
Deciding a business deal
is risky but going through
with it anyways
Not doing a business deal
after deciding it would be
too risky
Which of the following Risk transfer
describes the act of
insuring a risk against
possible loss?
Risk avoidance
Risk transfer
Hazard reduction
Loss management
ABC Company is Reduction
attempting to minimize the
severity of potential losses
within its company. The
company is engaged in
risk
Transference
Retention
Reduction
Avoidance
https://quizlet.com/1073259666/wisconsin-accident-and-health-insurance-exam-questions-answers-100-verified-solutions-questions-with-correct-an… 4/100
