FX BUNDLED EXAMS QUESTIONS AND ANSWERS ALREADY PASSED

Exam Fx-Property and Casualty Exam Questions and Answers Already Passed To be considered an insurable risk, a loss may NOT be catastrophic Which of the following persons would be required to hold a producer license? a nonresident agent who negotiates insurance contracts Which of the following is t...

Auto Insurance Exam FX Questions and Answers 100% Pass Owned Autos Eligible vehicles titled by the insured or acquired during the policy period Non Owned Autos any private passenger auto, pickup van or trailer operated by or in the custody of the named insured or family member, but are not titled b...

Health Insurance (Exam FX) Questions and Answers Rated A Agent/Producer A legal representative of an insurance company Broker An insurance producer not appointed by an insurer and whom represents the client Insured A person covered by an insurance policy Insurance policy A legal contract between ...

Exam FX Chapter 1: General Insurance Questions and Answers Rated A Agent/Producer a legal representative of an insurance company; the classification of producer usually includes agents and brokers; agents are the agents of the insurer Applicants (or proposed insured) a person applying for insurance...

Exam Fx (PROPERTY & CASUALTY) Questions and Answers 100% Pass Law of Large Numbers The larger the number of people with a similar exposure to loss, the more predictable actual losses will be. Insurance Transfers the risk of loss from an individual or business entity to an insurance company The thr...

Exam FX Life Insurance Test Questions and Answers Already Passed 50/50 Ray has an individual major medical policy that requires a coinsurance payment. Ray rarely visits his physician and would prefer to pay the lowest premium possible. Which coinsurance arranngement would be best for Ray? Single pa...

Exam FX Insurance Terms and Related Concepts Questions and Answers Rated A Insurance Transfers risk of loss from an individual or business to a company Law Of Large Numbers States that the larger # of people with a similar exposure to loss, the more predictable the losses will be Insurable Interes...

Exam FX Latest 2022 Already Passed Insurance Terms Purpose of insurance To make whole again Transfer Basic principle of insurance which the financial loss is assigned to another party. Law of large numbers A principle stating that the larger number of similar exposure units considered, the more...

Exam FX Flashcards: Insurance Regulation/Laws, Rules and Regulations Common to All Lines To whom may a certificate of authority be issued? To an insurer authorized to transact business in this state Who must be a member of insurance guaranty associations? Any authorized insurer within a state If a...

NC Health Insurance Exam FX Already Graded A Under the Affordable Care Act, what is the limiting age for coverage of children of the insured Age 26 Premium will be refunded After the elimination period, a totally disabled insured qualified for benefits from a disability income policy that has a wa...

1 – Exam FX Life and Health - General Insurance / Completing Application, Underwriting and Delivering the Policy What two elements are necessary to a life insurance contract to have a legal purpose? 1. Insurable Interest 2. Consent Insurance is a contract that protects the insured from what? Loss...

Texas Health and Life Insurance Exam FX Already Passed What is the purpose of the buyer's guide? A.To Allow the consumer to compare the costs of different policies B. To provide the name and address of the agent. C. to list all policy riders. D. To provide information about the policy. A.To All...

Life & Health License Test Texas Exam FX Latest 2022 What is the main purpose of the Seven-pay Test? It determines if the insurance policy is an MEC. Which of the following insurance arrangements will be appropriate for a parent buying a life insurance policy on a child where the parent is the poli...

Illinois Life & Health Insurance Exam Questions and Answers with Verified Solutions Accelerated Benefits Riders attached to life insurance policies that allow death benefits to be used to cover nursing or convalescent home expenses Accidental death benefits a policy rider that states that the cause...