Retroactive Study guides, Class notes & Summaries

JUNE 2018 Practice Questions. ASME B31.3 The requirements of the latest edition of ASME Code Section B31.3 and any subsequent Addenda: a. must be followed explicitly as soon as the latest edition is issued. b. are retroactive and all piping installed per earlier additions must be upgraded. c. are not retroactive & all piping installed per earlier additions need not be upgraded. d. may be used without regard to the acceptability of Code revisions to the jurisdiction. - correct answer C C...

Navigator Exam Questions and Answers 100% Pass Define Maryland Health Connection The new marketplace in the state to compare health insurance options and enroll in health coverage. Name the important elements of the Maryland Health Connection 1. New Marketplace to shop and compare health insurance. 2. No Wrong Door 3. Only place to qualify for Advance Premium Tax Credits and Cost Sharing Reductions 4. Private and Government plans What are the four ways consumers can apply for he...

Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review Already Passed Peril Something that causes a loss. Hazard Something that increases the probability that a loss will occur. Warranty A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. Misrepresentation An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. Concealment The fail...

If a company cancels an auto policy mid-term, the refund will be made on a A. pro rata basis B. short rate basis C. retroactive basis D. coinsurance basis correct answers A. pro rata basis What is the term used to describe terminating the insurance relationship at the end of the policy period? A. Cancellation B. Nonrenewal C. Seperation D. Exclusion correct answers B. Nonrenewal Which is the best example of an indirect loss? A. Sequential loss B. Liability loss C. Employe...

If a company cancels an auto policy mid-term, the refund will be made on a : A. pro rata basis B. short rate basis C. retroactive basis D. coinsurance basis - ️️A. Pro Rata Basis What is the term used to describe terminating the insurance relationship at the end of the policy period? A. Cancellation B. Nonrenewal C. Separation D. Exclusion - ️️B. Nonrenewal Which is the best example of an indirect loss? A. Sequential loss B. Liability loss C. Employee theft D. Los...

All of the following statements concerning Social Security disability benefits are true except - ANSWER Benefits are retroactive to the time of disability (benefits are retroactive but do not include the waiting period) Which statement concerning commercial companies is not true? - ANSWER They are not debit companies (Commercial insurance can be sold by debit or industrial or home service companies. They are synonyms) Which of the following service providers allows for a primary care phy...

AL P&C University of Alabama Study Guide Questions and Answers Rated A+ If a company cancels an auto policy mid-term, the refund will be made on a : A. pro rata basis B. short rate basis C. retroactive basis D. coinsurance basis A. Pro Rata Basis What is the term used to describe terminating the insurance relationship at the end of the policy period? A. Cancellation B. Nonrenewal C. Separation D. Exclusion B. Nonrenewal Which is the best example of an indirect loss? A...

All the following are considered an insured under Part A liability coverage, of the personal auto policy EXCEPT! CORRECT ANSWER Employer while insured is driving a company car. A bank customer's identity was compromised and the thieves made numerous purchases from a retailer by signing the customer's checks. When the bank refused to make payment for the goods, the retailer brought suit against the bank. which coverage indemnified the bank for liability in the suit? CORRECT ANSWER Forgery an...

Introductory topics in psychology 7181/1 Paper 1 Introductory topics in psychology Mark scheme June 2022. Explain how using counterbalancing might improve the design of the study.With reference to Sherry’s experiences, explain three different types of long-term memory. [6 marks] Marks for this question: AO2 = 6 For each type of long-term memory award marks as follows: 2 marks for a clear and coherent application of a type of long-term memory with elaboration. 1 mark for a muddled/limite...

If a company cancels an auto policy mid-term, the refund will be made on a : A. pro rata basis B. short rate basis C. retroactive basis D. coinsurance basis - Answer- A. Pro Rata Basis What is the term used to describe terminating the insurance relationship at the end of the policy period? A. Cancellation B. Nonrenewal C. Separation D. Exclusion - Answer- B. Nonrenewal Which is the best example of an indirect loss? A. Sequential loss B. Liability loss C. Employee theft D....