Types of insurance Study guides, Study notes & Summaries
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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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Primerica Life Insurance Exam: 2023/ 2024 New Update (Questions and 100% Verified Answers)
- Exam (elaborations) • 20 pages • 2023
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Primerica Life Insurance Exam: 2023/ 2024 
New Update (Questions and 100% Verified 
Answers) 
1. A married couple owns a permanent policy which covers both of their lives and pays the 
benefit only upon the death of the first insured. Which policy is that? 
A. Survivorship Life Policy 
B. Second-to-Die 
C. Family income policy 
D. Joint life policy 
 Answer: D. Joint life policy 
 
 
 
 
 
2. An annuity owner is funding an annuity that will supplement her retirement. Because she 
does not...
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MA Real Estate Exam Study Guide Already Graded A
- Exam (elaborations) • 75 pages • 2024
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Appraisal An estimation of a property's value, usually prepared by a professional who is 
licensed in this field. 
Brokerage The business of bringing people together in a real estate transaction. 
Commerical The types of properties that include office spaces, shopping centers, stores, 
theaters, hotels, parking facilities, etc. 
Development The term for the construction of improvements upon the land. 
Elevation Certificate Insurance agents are required to obtain one of these on any property 
be...
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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...
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Ophthalmic Surgical Assistant questions with correct answers
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When should the consent form for surgery be completed? Answer Prior to the procedure, before any medications are administered 
 
In what position is the patient placed during surgery? Answer Supine 
 
What are 3 types of operative admissions for surgery? Answer Emergency, urgent, and elective 
 
Name 3 types of ocular emergencies that may require surgical intervention Answer Lacerated globes and eyelids; intraocular foreign bodies; acute glaucoma; and, intraocular hemorrhage 
 
What should pre-o...
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Better Hawaii Adjuster's Exam | 160 Questions with 100% Correct Answers | Verified | Latest Update 2024
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Which of the following statements is not correct regarding qualifications for an adjuster's license? - 
An attorney who adjusts losses from time to time is considered an adjuster. 
An unauthorized insurance company may also be referred to as a - Surplus lines insurer 
Which of the following statements is not correct regarding surplus lines insurance? - The surplus 
lines insurance must be procured at a rate that is lower than the prevailing rate for the same type of 
coverage 
A surplus lines b...
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COL3704 Assignment 3 (ANSWERS) Semester 2 2023 (386365) - DISTINCTION GUARANTEED
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Well-structured COL3704 Assignment 3 (ANSWERS) Semester 2 2023 () - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). 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 on credit. She then went to ABC Loans for a loan of R20 000 ...
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NEVADA LIFE & HEALTH INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS
- Exam (elaborations) • 27 pages • 2024
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term insurance Answer - temporary protection because it only provides coverage for a specific period of time 
 
face amount Answer - death benefit 
 
3 basic types of term coverage Answer - level, increasing, decreasing 
 
- based on how the face amount changes during the policy term 
 
What is the premium in term insurance? Answer - regardless of type of term insurance purchased, premium is level throughout the term of policy 
 
level term insurance Answer - death benefit does not change throug...
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MI Life Insurance Exam FX snapshot Q & A With Complete Solutions
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What is insurance? correct answer: Insurance transfers the risk of loss from an individual or business entity to an insurance company, which in turn spreads the costs of unexpected losses to many individuals. 
 
What is risk? correct answer: Risk is the uncertainty or chance of a loss occurring. 
 
What is peril? correct answer: Perils are the causes of loss insured against in an insurance policy. 
 
What are the elements of insurable risk? correct answer: Loss must be 
1. due to chance 
2....
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Test bank for Financial Markets & Institutions, 13th Edition by Jeff Madura
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Test bank for Financial Markets & Institutions 13e 13th Edition by Jeff Madura. ISBN-13: 0797 
 
Full Chapters test bank included 
 
Chapter 1: Role of Financial Markets and Institutions 
1-1 Role of Financial Markets 
1-2 Securities Traded in Financial Markets 
1-3 Role of Financial Institutions 
1-4 Systemic Risk among Financial Institutions 
Summary 
Point/Counterpoint 
Questions and Applications 
Flow of Funds Exercise 
Internet/Excel Exercises 
WSJ Exercise 
Online Articles with Real-World ...