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Exam FX, VA Property & Casualty Insurance Exam Questions With Correct Answers| 100% Verified

Exam FX, VA Property & Casualty Insurance Exam Questions With Correct Answers| 100% Verified

Fx-Property and Casualty Exam 2023 with complete solution

Exam FX Insurance Questions#2, Correctly Answered. 100% Verified. A medical insurance plan in which the health care provider is paid a regular fixed amount for providing care to the insured and does not receive additional amounts of compensation dependent upon the procedure performed is called - -Prepaid plan. Medicaid does NOT provide - -Income assistance for work-related injury. What is a major problem with naming a trust as the beneficiary of a life insurance policy? - -They are ex...

EXAM FX Insurance Questions & Answers. 100% Accurate. Graded A+ An IRA uses immediate annuity to pay out benefits; the IRA Owner is nearly 75 years old when he decides to collect distributions. What kind of penalty with the IRA owner pay? - -50% tax on the amount not distributed as required. (When immediate annuity's are used to pay IRA benefits, Distributions must begin no later than age 70 1/2 in order for the annuitant to avoid penalties.) Most Long-term care (LTC) plans have which ...

Exam FX 150 Questions. Insurance law Predictor questions and answers. 100% Coverage. #1 What is another name for an Administrative-Services Only Arrangement - -Third-Party Administrator #3 Which of the following statements is True concerning the Accidental Death Rider ? - -It will pay double or triple the face amount # 4 On a disability income policy that contains the "Own Occupation" definition of total disability, the insured will be entailed to benefits if they cannot perform? ...

Exam FX Insurance- Wisconsin Life questions (Answered). 100% Accurate, Graded A An insurer decides to renew a policy but at a higher premium rate, starting on the renewal date. How many days in advance must the insured be notified? a) 30 b) 60 c) 90 d) 100 - -b How is the Commissioner of Insurance placed in office? a)By NAIC nomination b)Through a bid process c)An election at the same time that other state officials are selected d)An appointment by the Governor - -d An ins...

Exam FX Insurance Practice Exam Questions & Answers, 100% Accurate. Latest version. The causes of loss insured against in an insurance policy are known as - -Perils Before an insurer will pay any loss under a policy, what is usually required from the insured? - -Proof of loss An insured works outside the home. The insured's sister lives with him and cares for his four children. When the insured's home is severely damaged by fire, the family moves into an apartment while repairs ar...

EXAM FX TEST QUESTIONS # 1. All Questions & Answers. 100% Accurate. A PORTFOLIO MANAGER PURCHASES A BOND ON A YIELD-TO-CALL BASIS. THE BOND WAS TRADING AT - A PREMIUM WHAT ACTIVITY CAN AN INVESTMENT COMPANY PERFORM WITHOUT SHAREHOLDER VOTE - APPOINTMENT OF OFFICERS OF THE INVESTMENT COMPANY WHICH OF THE FOLLOWING AR ISSUED WITH A SPECIFIED, FIXED RATE OF INTEREST - U.S. GOVERNMENT BONDS AND NOTES WHAT JOING ACCOUNT IS DESIGNED SPECIFICALLY FOR MARRIED COUPLES? - TENANCY BY ENTIRET...