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Georgia Laws and Rules Questions and answers latest update (Graded A+)
Georgia Laws and Rules Questions and answers latest update
Certificate of Authority Questions and answers latest update
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Certificate of Authority Questions and answers latest update
- Examen • 2 páginas • 2024
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Certificate of Authority Questions and answers latest update 
An insurer may not engage in the insurance business in Maryland without first obtaining a 
certificate of 
authority from the Commissioner 
 
 
A person may not act as an insurer or engage in the insurance business in this state unless they have received a 
certificate of authority from the Commissioner in the type of insurance they plan to transact 
 
 
A certificate of authority expires annually on 
June 30 after its effective date ...
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Certificates and Certification Authorities Questions and answers latest update
- Examen • 2 páginas • 2024
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Certificates and Certification Authorities Questions and answers latest update 
What is a digital certificate? Why do we need it? 
A signed statement from a Certificate Authority that links a public key to a given subject. We need it to know that a public key is in fact linked to the person we think it is. 
 
 
what is the usual content of a digital certificate? 
Serial number, subject, issuer, time validity, certificate policies, availability of revocation information, key usage, Public key of ...
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Ch.1 General Insurance Questions and answers latest update
- Examen • 2 páginas • 2024
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Ch.1 General Insurance Questions and answers latest update 
Certificate of Authority 
Permits an insurance company to transact business in this state 
 
 
Marketing and distribution systems used by insurers 
Captive Agency System, General Agency System, Independent Agency System, Direct Writers,Direct Mail/Response 
 
 
Insurance Agencies 
Responsible for recruitment, contracting, training and supporting insurance producers 
 
 
Admitted 
An insurer authorized to do business within the state; co...
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Ch.1 General Insurance Questions and answers latest update
- Examen • 2 páginas • 2024
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- $10.00
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Ch.1 General Insurance Questions and answers latest update 
Certificate of Authority 
Permits an insurance company to transact business in this state 
 
 
Marketing and distribution systems used by insurers 
Captive Agency System, General Agency System, Independent Agency System, Direct Writers,Direct Mail/Response 
 
 
Insurance Agencies 
Responsible for recruitment, contracting, training and supporting insurance producers 
 
 
Admitted 
An insurer authorized to do business within the state; co...
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Chapter 15 Code and Ethics Questions and answers latest update
- Examen • 4 páginas • 2024
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- $10.00
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Chapter 15 Code and Ethics Questions and answers latest update 
All of the following are considered duties of the California Insurance Commissioner, except: 
 
A - Set insurance rates 
B - Keep all papers as required by law 
C - Structure and control insolvency procedures 
D - Regulate the internal affairs of the Department of Insurance 
A - Set insurance rates 
 
The Commissioner does not set rates. 
 
 
Upon receiving a request for records, insurers and/or agents must deliver the records to th...
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Georgia Laws and Rules Questions and answers latest update
- Examen • 8 páginas • 2024
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Georgia Laws and Rules Questions and answers latest update 
J is an agent who recently told a claimant that his rights might be impaired if he does not complete a release form within a specified time. What could this agent be found guilty of? 
Coercion 
 
 
All agents licensed less than 20 Years are required to complete ___ continuing education hours every two years, 
24 
 
 
In Georgia, most life insurance policies have a contestability period of 
2 years 
 
 
All accident and sickness plans MU...
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Group 1 Exam Questions and answers latest update
- Examen • 15 páginas • 2024
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- $10.50
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Group 1 Exam Questions and answers latest update 
Which of the following is not a duty of the Commissioner? 
 
A 
Issue an insurance license for a producer 
 
B 
Make state insurance laws 
 
C 
Handle insurance-related consumer complaints 
 
D 
Enforce state insurance laws 
B 
 
 
The Commissioner may examine the records of an insurance company for the purpose of: 
 
A 
Approving coverages 
 
B 
Approving claims 
 
C 
Setting rates 
 
D 
Determining solvency 
D 
 
 
The Commissioner is authorize...
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