Insurance agreement Study guides, Study notes & Summaries
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Michigan life insurance state exam answer key Correct 100%
- Exam (elaborations) • 35 pages • 2023
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Which is TRUE regarding the annuitant, when the annuitant is NOT the policy owner? 
 
1. The annuitant has the right to name the beneficiary 
 
2. The annuitant is the person paying the premiums 
 
3. The cash value is available to the annuitant for withdrawals 
 
4. Annuity payments will be based on the annuitants life expectancy - ANSWER Annuity payments will be based on the annuitants life expectancy 
 
Signing an applicants name for insurance is known as...? 
1. Concealment 
 
2. Defamation...
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Adjuster Pro - Insurance adjuster test latest 2023 already passed
- Exam (elaborations) • 31 pages • 2023
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Adjuster Pro - Insurance adjuster test latest 2023 already passed What is insurance? protection against financial loss 
what is a premium a scheduled amount to be paid for an insurance policy. 
What are premiums used for premiums are collected into a "pool" or "reserve to pay out claimants when needed. 
how can insurance companies afford to pay for an individuals catastrophic loss? the insurer collects premiums from all policy holders and uses them to pay out the claims of a few. 
what is Ind...
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FAC3701 Assignment 1 (WRITTEN) Semester 1 2024 - 1 DUE 1 April 2024
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FAC3701 Assignment 1 (WRITTEN) Semester 1 2024 - 1 DUE 1 April 2024 ............ 100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . 
ASSESSMENT 01 (First semester) (30 marks) 
WRITTEN ASSESSMENT 
Ndlovu Jam Ltd is a company specializing in the manufacturing of various types of 
jams and sauces. 
The following is an extract of Ndlovu Jam Ltd’s trial balance for the year 
ended 31 December 2023: 
 Notes D...
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
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Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
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Kentucky Life and Health Insurance Exam (New 2024/ 2025 Update) Questions and Verified Answers| 100 % Correct| Grade A
- Exam (elaborations) • 51 pages • 2024
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Kentucky Life and Health Insurance Exam 
(New 2024/ 2025 Update) Questions and 
Verified Answers| 100 % Correct| Grade A 
 
 
QUESTION 
 The only party in an insurance contract that makes a legally enforceable promise is the 
insurance company. Because of this, insurance contracts are considered to be: 
 
 conditional 
 aleatory 
 unilateral 
 contracts of adhesion 
 
 
Answer: 
unilateral 
 
Insurance contracts are unilateral. This means that only one party (the insurer) makes any kind of ...
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PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024
- Exam (elaborations) • 38 pages • 2023
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PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024 
A written agreement in which a purchaser agrees to buy and a seller agrees to sell is 
called ️ a contract 
Antitrust laws prohibit competing brokers from all of the following ️ 1. boycotting 
other brokers in the marketplace. 
2. dividing the market to restrict competition. 
3. agreeing to set sales commissions and management rates. 
When a sewer line is installed down a rural road, the cost will probabl...
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Xcel Testing Solutions- Life and Health Insurance- Weighted Exam- 150 ACTUAL EXAM 500 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+
- Exam (elaborations) • 30 pages • 2023
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Xcel Testing Solutions- Life and Health 
Insurance- Weighted Exam- 150 ACTUAL 
EXAM 500 QUESTIONS AND CORRECT 
ANSWERS (VERIFIED ANSWERS) |ALREADY 
GRADED A+ 
The Do Not Call Registry offers exemptions for calls placed from all of the 
following EXCEPT - CORRECT ANSWER insurance sales calls 
Charities, political organizations, and surveys are all offered exemptions from The 
Do Not Call Registry 
The type of policy where the insurer can send a notice to the insured that the 
policy has be...
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COL3704 Assignment 3 (COMPLETE) Semester 2 2023 (386365) - DUE 15 September 2023
- Exam (elaborations) • 12 pages • 2023
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COL3704 Assignment 3 (COMPLETE) Semester 2 2023 () - DUE 15 September 2023 100% TRUSTED workings, explanations and solutions. Whatsapp 067 171 1739 for assistance ............................... QUESTION 1 
 
On 13 March, Alvereen Leonard approached three different credit providers and applied for credit. First, she approached Easy Loans and applied for a R5 000 loan to pay her outstanding utility bills. Next, she approached a second-hand car dealer, Cars at Cost, and purchased a R10 000 car o...
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New York Adjuster Exam Questions with 100% correct Answers 2023
- Exam (elaborations) • 23 pages • 2023
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New York Adjuster Exam Questions with 100% correct Answers 2023 
The insured has moved into a dwelling that was being build and was covered by the "Dwelling under Construction" endorsement. How long does the insured have to report his / her occupancy to the insurance company? {{Correct Ans- 30 days 
 
When a New York Homeowners policy is still in the 60-day underwriting period, the insurer may cancel it for any reason by providing a ______ notice. {{Correct Ans- 30 day 
 
Personal property tha...
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RECA Fundamentals Exam Questions and Answers Already Passed
- Exam (elaborations) • 34 pages • 2023
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RECA Fundamentals Exam Questions and Answers Already Passed 
Which of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) 
Which entity has the authority to amend the Real Estate Act Provincial Legislature 
Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) 
Which of the following will occur to the supply of a good when ther...