NJ

NJ PSI PROPERTY AND CASUALTY EXAM LATEST UPDATE In New Jersey, and insurer must provide at least______ advance notice for cancellation of property coverages for nonpayment of premium - CORRECT ANSWER -10 days The employment of another producer by a producer is subject to all of the following requirements, except a. the employer shall examine the credentials of the kinds of business described in the contract. b. the employer shall be responsible for the insurance related conduct of th...

NJ REAL ESTATE PRACTICE EXAM questions and verified correct answers

NJ PSI PROPERTY AND CASUALTY EXAM LATEST UPDATE In New Jersey, and insurer must provide at least______ advance notice for cancellation of property coverages for nonpayment of premium - CORRECT ANSWER -10 days The employment of another producer by a producer is subject to all of the following requirements, except a. the employer shall examine the credentials of the kinds of business described in the contract. b. the employer shall be responsible for the insurance related conduct of th...

NJ PSI ACCIDENT AND HEALTH PRODUCER PRACTICE EXAM QUESTIONS WITH VERIFIED SOLUTIONS According to the Time Payment of Claims provision, the insurer must make the payment immediately after receiving proof of loss EXCEPT: - if the insured is able to eventually return to work -if the death is suicide or due to a pre existing condition -when the policy is in the incontestability period -for claims involving periodic payments - CORRECT ANSWER -for claims involving periodic payments I...

NJ PSI PROPERTY AND CASUALTY EXAM LATEST UPDATE In New Jersey, and insurer must provide at least______ advance notice for cancellation of property coverages for nonpayment of premium - CORRECT ANSWER -10 days The employment of another producer by a producer is subject to all of the following requirements, except a. the employer shall examine the credentials of the kinds of business described in the contract. b. the employer shall be responsible for the insurance related conduct of th...

NJ PSI ADVANCED EXAM QUESTIONS WITH CORRECT ANSWERS all of the following are ownership rights EXCEPT: A: changing the beneficiary of the policy B: borrowing funds against cash value C: switching the policy from on insured to another D: assigning all of the rights of the policy to another person - CORRECT ANSWER -C: switching the policy from on insured to another which of the following is characteristic of a non qualified plan: A: defined vesting schedule B: plan established b...

NJ PSI ACCIDENT AND HEALTH PRODUCER PRACTICE EXAM QUESTIONS WITH VERIFIED SOLUTIONS According to the Time Payment of Claims provision, the insurer must make the payment immediately after receiving proof of loss EXCEPT: - if the insured is able to eventually return to work -if the death is suicide or due to a pre existing condition -when the policy is in the incontestability period -for claims involving periodic payments - CORRECT ANSWER -for claims involving periodic payments I...

NJ PSI ADVANCED EXAM QUESTIONS WITH CORRECT ANSWERS all of the following are ownership rights EXCEPT: A: changing the beneficiary of the policy B: borrowing funds against cash value C: switching the policy from on insured to another D: assigning all of the rights of the policy to another person - CORRECT ANSWER -C: switching the policy from on insured to another which of the following is characteristic of a non qualified plan: A: defined vesting schedule B: plan established b...

NJ PSI ACCIDENT AND HEALTH PRODUCER PRACTICE EXAM QUESTIONS WITH VERIFIED SOLUTIONS According to the Time Payment of Claims provision, the insurer must make the payment immediately after receiving proof of loss EXCEPT: - if the insured is able to eventually return to work -if the death is suicide or due to a pre existing condition -when the policy is in the incontestability period -for claims involving periodic payments - CORRECT ANSWER -for claims involving periodic payments I...

NJ PSI ADVANCED EXAM QUESTIONS WITH CORRECT ANSWERS all of the following are ownership rights EXCEPT: A: changing the beneficiary of the policy B: borrowing funds against cash value C: switching the policy from on insured to another D: assigning all of the rights of the policy to another person - CORRECT ANSWER -C: switching the policy from on insured to another which of the following is characteristic of a non qualified plan: A: defined vesting schedule B: plan established b...