Cash pooling system Study guides, Class notes & Summaries

1 MARYLAND LIFE AND HEALTH INSURANCE EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ The contractual rights which allow the owner of a deferred annuity to surrender the cash value several years before the annuity date are called Correct Answer: Nonforfeiture Options How many days does the ACA require insurers to give before rescinding coverage? Correct Answer: 30 Under an adjustable life insurance policy, these may be changed without further writing Correct Answ...

Why was the commercial Insurance Deregulation Act Created? - ANSWER-To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? - ANSWER-Commercial policies When must rate amendments & policy forms be filed with the commissioner? - ANSWER-30 days before What losses are excluded from flood insurance? - ANSWER--Landslides -Sewer b...

CFE Exam 349 Questions with Verified Answers Falsified Hours & Salary Schemes - CORRECT ANSWER The most common method of misappropriating funds from the payroll is the overpayment of wages. For hourly employees, the size of a paycheck is based on two factors: the number of hours worked and the rate of pay. Therefore, for hourly employees to fraudulently increase the size of their paycheck, they must either falsify the number of hours they have worked or change their wage rate. Common ways ...

Why was the commercial Insurance Deregulation Act Created? - ANSWER-To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? - ANSWER-Commercial policies When must rate amendments & policy forms be filed with the commissioner? - ANSWER-30 days before What losses are excluded from flood insurance? - ANSWER--Landslides -Sewer b...

NJ Property Casualty Insurance Exam Practice Questions with Answers 2023 (Graded A+) What was the decision in the US v Southeastern Underwriting Association Case? - Answer Insurance is interstate commerce and should be subject to federal regulations (currently in effect today) What is the McCarran-Ferguson Act? - Answer The federal govt won't regulate insurance business as long as states perform an adequate job of managing their own insurance industries. When was the McCarran-Ferguson Act...

NJ Property/ Casualty Insurance Exam With 100% Correct Answers 2023 Why was the commercial Insurance Deregulation Act Created? - Correct Answer-To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? - Correct Answer-Commercial policies When must rate amendments & policy forms be filed with the commissioner? - Correct Answer-3...

Florida Real Estate State Exam Prep Joint Ventures - ANS is a temporary form of business arrangement often encountered in real estate business. Trade Names - ANS is a business name other than the legal name of the person doing business. The letters T/A are used to indicate "trading as." Chapter 120, F.S. - ANS Administrative Procedures Act Chapter 455, F.S. - ANS Regulation of Professional and Occupations Chapter 28, Sections 101-110 - ANS Division ...

CHAPTER 3 APPLYING ANTHROPOLOGY MULTIPLE-CHOICE QUESTIONS 1. Applied anthropology is A. the purely academic dimension of anthropology. B. the term used for all anthropological research programs. C. the use of anthropological data, perspectives, theory, and methods to identify, assess, and solve contemporary problems. D. rarely possible, as anthropological studies are not practical in the “real world.” E. not guided by anthropological theory. Answer: C Learning Objective: Analyze t...

RIBO Insurance Exam With 100% Correct Answers 2024 What makes pure risk insurable while speculative not? - Answer Pure risk insurance is a situation involving a chance of a loss without a chance of gain. Insurance will accept situations where there is no potential for gain. Pure Risk - Answer A situation involving a chance of loss without a chance of gain. Example: property damage Speculative Risk - Answer A situation where the possibility of either financial loss or gain exists. Th...

AINS 101 Exam Question with 100 % correct answers | Verified 2024/2025 Which one of the following statements is correct regarding the benefits provided by insurance? A. Insurance reduces the financial consequences of loss exposures but not the related uncertainty. B. The reduction in losses paid by insurers due to risk control measures benefits individual insureds but not society as a whole. C. Insurance helps reduce the financial burden to society by compensating accident victims. D. Th...