Alabama Life & Health Insurance Exam Completely Solved|| Actual Exams
Agent/Producer - ANSWER A person who acts for another person or entity with regard to contractual arrangements with third parties; a legal representative of an insurance company. Applicant or Proposed Insured - ANSWER A person who requests or seeks insurance from an insurer. Beneficiary - ANSWER the person who receives the benefits from the policy of insurance Death Benefit - ANSWER The amount paid when a claim is issued against a policy of insurance Agent/Agency Contract - ANSWER a contract that is held between an insurer and an agent/producer, containing the expressed authority given to the agent/producer, outlining the duties and responsibilities to the principal
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- Subido en
- 18 de junio de 2024
- Número de páginas
- 11
- Escrito en
- 2023/2024
- Tipo
- Examen
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- Preguntas y respuestas