Ambiguities Study guides, Class notes & Summaries

Indirect Loss - Answer- A secondary loss that follows from a direct loss to insured property from a covered peril. Ex. Hotel expenses incurred by the insured while a fire-damaged home is repaired is an indirect loss that follows the direct loss of the home. Exclusive Agency System - Answer- An insurance distribution system in which producers (agents) represent a single company. Ex. In the exclusive agency system, insurers use independent contractors (exclusive agents) that represent only on...

Virginia Life and Health Exam Review. Questions with accurate answers. 2022/2023. Document Content and Description Below Virginia Life and Health Exam Review. Questions with accurate answers. 2022/2023. What contract term means only one party to a contract's promises are legally enforceable? - Unilateral Mr. Jones, the insured, committed suicide after the expiration of the suicide clause in his life insurance policy. The insurer is obligated to: - Pay the death benefit. The benefit that encou...

Idaho Life Insurance ExamComplete Questions with 100% Correct Answers 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 of death will be analyzed to determine if it complies with the policy description of accidental death. Accidental Death Insurance An insurance policy that provides payment if the insured's death is the resu...

Arkansas Health Insurance Exam. 221 Questions With 100% Correct Answers 2024. Accident An unplanned, unforeseen event which occurs suddenly and at an unspecified place. Accident Insurance A type of insurance that protects the insured against loss due to accidental bodily injury. Accidental Bodily Injury Unplanned, unforeseen traumatic injury to the body. Accidental Death and Dismemberment An insurance policy which pays a specified amount or a specified multiple of the insured's bene...

Idaho Life Insurance Exam Complete Questions with 100% correct Answers 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 of death will be analyzed to determine if it complies with the policy description of accidental death. Accidental Death Insurance An insurance policy that provides payment if the insured's death is the res...

At the end of this course, you must do which of the following? Pass the final course exam with a scored of 70% or higher Print your certificate from this website Apply for your Insurance Adjuster license at the Florida Department of Financial Services website at All of the above All of the above Which of the following is NOT one of the duties of the Department of Financial Services? License adjusters Set rates and write policies for various company products Supervise the c...

Accelerated Benefits correct answer: Riders attached to life insurance policies that allow deaths benefits to be used to cover nursing or convalescent home expenses Accidental Death Benefits correct answer: A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death. Accidental Death Insurance correct answer: An insurance policy that provides payment if the insured' death is the result of an accident ...

Ohio Psychologist Jurisprudence Oral Exam Area 2 Questions and Answers Already Passed Area 2: Professional conduct (CHECKED) What is the scope of who the rules of professional conduct are applied to and when? who: all LH (psych or school psych), supees, and applicants when: during education, training, and employment Area 2: Professional conduct (CHECKED) An LH can disclose confidential info without informed consent when? if there is a CLEAR and SUBSTANTIAL RISK of imminent s...

Kentucky Property Insurance Exam FlashcardsAbandonment - correct answer The abdication of insured property into the hands of another, or into the possession of no one in particular. Accident - correct answer An unplanned, unforeseen event which occurs suddenly and at an unspecified place. Actual Cash Value - correct answer The required amount to pay damages or for property loss, which is calculated based on the property's current replacement value minus depreciation. Additional Coverag...

1. At the end of this course, you must do which of the following? Pass the final course exam with a scored of 70% or higher Print your certificate from this website Apply for your Insurance Adjuster license at the Florida Department of Finan- cial Services website at All of the above ANS All of the above 2. Which of the following is NOT one of the duties of the Department of Financial Services? License adjusters Set rates and write policies for various company products Supervise the c...