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Exam (elaborations)
Idaho Health Insurance Exam Questions and Answers 100% Correct!!
Applican or proposed insured - ANSWER-a person who requests or seeks insurance from an insurer 
 
Death benefit - ANSWER-the amount paid when a claim is issued against a policy of insurance 
 
insurance policy - ANSWER-a contract between a policyowner and an insurance who may or may not be the applicant or policyowner 
 
insured - ANSWER-the person covered by the policy of insurance who may or may not be the applicant or policyowner 
 
insurer - ANSWER-the company who issues a policy of insuranc...
Exam (elaborations)
Idaho Health Insurance Exam Questions &Answers 100% Correct!!
Idaho Health Insurance Exam Questions &Answers 100% Correct!! 
 
Agen/Producer - ANSWER-a 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 - ANSWER-a 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 propo...
Exam (elaborations)
Idaho Health Insurance Exam Questions and Answers 100% Correct!!
Agen/Producer - ANSWER-a 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 - ANSWER-a 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 - ANSWER-a person who requests or seeks insurance fro...
Exam (elaborations)
Idaho Health Insurance Exam Questions and Answers 100% Correct
Idaho Health Insurance Exam Questions and Answers 100% CorrectIdaho Health Insurance Exam Questions and Answers 100% CorrectIdaho Health Insurance Exam Questions and Answers 100% Correct 
Agen/Producer - ANSWER-a 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 - ANSWER-a contract that is held between an insurer and an agent/producer, containing the expres...