Webce Study guides, Class notes & Summaries
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Webce Test Questions With 100% Correct Answers
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Which of the following situations presents a situation of pure risk? 
 
-knowing that his family is depending on him, Frank wants to insure his life 
-wanting to increase his retirement savings, Saul invests his life savings in the stock market 
-Ralph takes a second mortgage on his house and uses the proceeds to gamble 
-wanting better job security, Ron cashes in his life insurance to start his own business Correct Answer knowing that his family is depending on him, Frank wants to insure his ow...
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WebCE Exam Questions with correct Answers
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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...
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WebCE FULL BUNDLE||| ACTUAL EXAMS|||ACTUAL TESTS|| ALL PACKAGED HERE!!! 2023 ( A+ GRADED 100% VERIFIED)
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WebCE FULL BUNDLE||| ACTUAL EXAMS|||ACTUAL TESTS|| ALL PACKAGED HERE!!! 2023 ( A+ GRADED 100% VERIFIED)
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Annuity – WebCE Exam 2023 Questions with Verified Answers
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Annuitization is - Answer- Accumulated values are converted into a stream of periodic income payments. 
 
How often can payments of annuities be paid out? - Answer- A specified term of years, for life, or a combination of the two. 
 
What is the reason (how has a consumer's priorities and needs shifted) that annuities are well suited for late-life retirement planning? - Answer- When a consumer priorities and needs typically shift from asset accumulation to income distribution 
 
What is the sta...
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webce test questions And Answers/WebCE Test 1 Questions And Answers/WebCE Exam Tutor Questions And Answers/WebCe – Ethics Questions And Answers/ WebCE: Long-Term Care: Programs, Policies, and Partnerships/Webce life health Florida Exam/Annuity – WebCE Que
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webce test questions And Answers/WebCE Test 1 Questions And Answers/WebCE Exam Tutor Questions And Answers/WebCe – Ethics Questions And Answers/ WebCE: Long-Term Care: Programs, Policies, and Partnerships/Webce life health Florida Exam/Annuity – WebCE Questions And Answers/ WebCE Practice Questions And Answers
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WebCE: Long-Term Care: Programs, Policies, and Partnerships 100% Pass
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WebCE: Long-Term Care: Programs, Policies, and Partnerships 100% Pass What is the Primary Goal of Long Term Care To maintain functionality 
Which of the following most precisely defines the fundamentals of self-care and the basic tasks of life? Activities of daily living 
Long Term Care occurs only in nursing facilities. False 
On what basis are benefits payable under a long term care insurance policy typically triggered? the inability to perform defined ADLs 
A long-term care ombudsman represen...
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WEBCE FINAL EXAM LATEST 2023 REAL EXAM 100 QUESTIONS AND ANSWERS WITH RATIONALES(VERIFIED ANSWERS)
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WEBCE FINAL EXAM LATEST 2023 REAL EXAM 100 QUESTIONS AND ANSWERS WITH RATIONALES(VERIFIED ANSWERS) 
On what basis are benefits payable under a long-term care insurance policy typically triggered? 
 
 A) the diagnosis of an acute medical condition 
B) the number and types of medications prescribed 
C) the inability to perform of medications prescribed 
D) all of the above - ANSWER- C) The inability to perform defined ADLs 
 
 
RATIONALE: The inability to perform defined ADLs. Benefits payable und...
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WEBCE Test With Full Course Package Questions And Answers All Are Latest Solutions 2023
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WEBCE Test With Full Course Package Questions And Answers All Are Latest Solutions 2023
WEBCE – Ethics Complete Questions And Answers With Latest Solutions 
Webce Quizzes: General Insurance & Life Insurance Latest Update 202
WEBCE Exam Tutor Questions And Answers With Complete Questions And Answers 2023
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WebCe - Commercial Lines 101 Exam Questions and Answers
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What is the underwriter's goal? - Answer- To write a book of business in which the actual losses approximate the expected losses. 
 
Gertrude is going to become an insurance agent. She would like to work in an agency that represents many different insurance companies. Gertrude will go to work for a(n) - Answer- Independent agency 
 
When a client suffers a loss, MegaInsurers is expected to respond promptly to settle the resulting claim. Depending on the line of insurance, claim costs generally ...
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WEBCE FINAL EXAM LATEST 2023 REAL EXAM 100 QUESTIONS AND ANSWERS WITH RATIONALES(VERIFIED ANSWERS)
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WEBCE FINAL EXAM LATEST 2023 REAL EXAM 100 QUESTIONS AND ANSWERS WITH RATIONALES(VERIFIED ANSWERS)
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