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ATI Nursing Leadership and Management Management - correct answer is the process of planning, organizing, directing and coordinating work within an organization Leadership - correct answer The ability to inspire others to achieve a desired outcome Authoritative Leadership - correct answer -Makes decisions for the group - effective for employees with little or. no formal education -Staff output is high (good for crisis situations and bureaucratic settings) -Uses coercion (gets people to...

ATI nursing leadership and management1) A nurse enters the room of a client who is on contact precautions and find the client lying on the floor. Which of the following actions should the nurse take first? A. Call the provider. B. Ask a staff member for assistance getting the client back in bed. C. Inspect the client for injuries. D. Instruct the client to ask for help if he needs to get out of bed. - correct answer C. Inspect the client for injuries. 2) An RN on a medical surgical unit...

Surplus lines insuranceSurplus Lines - correct answer Insurance for which there is no readily available, from the standard insurance carrier Admitted Insurers - correct answer 1. Is standard insurance carrier is one that is licensed by the state to sell specific lines of insurance in that state 2. is regulated by the state's department of insurance and must contribute to the state insurance guaranty fund state insurance guaranty fund - correct answer an association that protects policyho...

Property and Casualty Exam Prep - Multiple ChoiceInsurers issuing liability policies covering motor vehicles in Pennsylvania must offer all of the following coverages EXCEPT: A) injuries incurred on the job. B) accidental death benefit. C) funeral benefit. D) income loss benefit. - correct answer A Which one of the following statements regarding the Pennsylvania Property and Casualty Insurance Guaranty Association is CORRECT? A) The members of the association are the insurance-buying...

Property and Casualty, Chapter 2, Property and Casualty Insurance Basics The ABC corporation has $100,000 coverage on its building through insurance Company A, and $50,000 of identical coverage on the same building through insurance Company B. Assuming coinsurance is not an issue, when a $24,000 loss occurs and the pro rata method is used, how much will each insurer pay - correct answer Company A will pay $16,000; Company B will pay $8,000 The Pennsylvania Property and Casualty and Insurance...

PA Property and Casualty Casualty or Liability - correct answer refers to your legal responsibility to pay for damage that you do to the "other guy's" body or property. Personal lines insurance - correct answer written to cover the risk exposures of an individual or family (auto, home, boat, camper and RV) Commerical lines insurance - correct answer provide for the insurance needs of a business Named insureds - correct answer On a homeowner's policy, the policy owners(husband and w...

Pennsylvania Laws and Regulations Applicable to Property and Casualty InsuranceInsurance Guaranty Association - correct answer Pennsylvania Property and Casualty Insurance Guaranty Association - Every property and casualty insurer must participate as a condition of authority to write P&C policies in PA Prohibited Advertising - It's unlawful to use existence of association for sales, solicitation, or as inducement to purchase any kind of insurance protected by association Association is ...

Pennsylvania Property and Casualty Licensing Law of Large Numbers - correct answer Recognizes that as the number of exposure units increases, the more likely it is to predict accurately the expected outcome. What must an insurance producer do to apply for a nonresident license in Pennsylvania? - correct answer Prove that their license is in good standing in their home state Which best describes the responsibilities an agent owes when they sell a policy? - correct answer To provide the agr...

Property and casualty insurance Exam Questions and Answers Part oneWhich of the following are the authorities that an agent can hold? - correct answer Express and implied Which of the following terms refers to such disabilities the loss of a limb, hearing , or eye sight? - correct answer Permanent partial disability Who is NOT considered an employee in an commercial general liability (CGL) policy? - correct answer Temporary worker The major portion of the premium of an equipment breakdo...

Pennsylvania Property and Casualty Law SupplementAgents and brokers must notify the Insurance Department of any change in their residence or business address within: - correct answer 30 days Insurers issuing liability policies covering motor vehicles in Pennsylvania must offer all of the following coverages EXCEPT: A) injuries incurred on the job. B) accidental death benefit. C) funeral benefit. D) income loss benefit. - correct answer A What is the maximum term of a temporary licens...

Pennsylvania property and casualtyA policy covering commercial risks is subject to midterm cancellation for non-payment of premium upon how many days' written notice? - correct answer 15 days the waiting period for payment of workers compensation benefits is - correct answer 7 days. the retroactive period is two weeks to demonstrate financial responsibility in Pennsylvania the insured must be able t respond to damages in which of the following amounts - correct answer 15 k for injury to a...

PA property and casualty insurance examProperty -correct answer you can possess/ physically touch BI -correct answer bodily injury PD -correct answer Property damage Liability/casualty -correct answer what you pay the other guy personal lines insurance -correct answer cover needs of individual or family (auto,boat,camper,rv) commercial lines insurance -correct answer needs of a business direct loss -correct answer example - house burns down indirect loss -correct answer exam...

PA Property & Casualty License Practice ExamAn exclusion that states that an insurer will not pay any claim in which an individuals property is damaged as a result of an earthquake, mudslide, landslide, or sinkhole. - correct answer an Earth movement exclusion An exclusion that states that an insurer will not pay any claim in which an individuals property is damaged as a result of the fact that the individual did not maintain the property. - correct answer Neglect exclusion Which Home Owne...

PA Property and CasualtyWhat is the purpose of licensing? - correct answer Reinforces the purpose of insurance regulation - that the public is treated fairly and equitably by those who sell and distribute insurance. Licensing prerequisites - correct answer 24 credit hours of study in approved course (must have 3hrs ethics). Once your certificate is obtained you have 1yr to pass your exam followed by 1yr to have your license issued. *Passing does not guarantee you will get your license. Wha...

1 Exam (elaborations) Pennsylvania Property and Casualty Insurance Examination 2024 passed 2 Exam (elaborations) Chapter 1 Property and Casualty Insurance - Pennsylvania correctly answered to pass 2024 3 Exam (elaborations) Property and Casualty PA Quiz Questions well answered 4 Exam (elaborations) Property & Casualty - PA - Insurance Regulation

Pennsylvania Property and Casualty Insurance Examination According tot he fair credit reporting act, all of the following would be considered negative information except - correct answer Disputes regarding consumer report information Which of the following does a produce not have the authority to do? - correct answer Issue polices What is the maximum penalty for habitual willful noncompliance with the fair credit reporting act? - correct answer $2,500 An individual who willfully violat...

Chapter 1 Property and Casualty Insurance - PennsylvaniaRisk - correct answer The chance or UNCERTAINTY of loss. Uncertainty of loss - correct answer Risk is not the loss itself but the... Exposure - correct answer A condition or situation that presents a possibility of loss What are the different methods for managing the risk of financial loss? - correct answer Avoid risk Control risk Retain a risk Transfer the risk What's an example of controlling risk? - correct answer Trainin...

Property and Casualty PA Quiz QuestionsAll of the following are requirements to be licensed in PA except: -Complete a four-week long pre-licensing course -Pass the appropriate exam -Apply for a license with the insurance department and pay the appropriate fee -Have your fingerprints taken and submitted - correct answer Complete a four-week long pre-licensing course All of the following statements are correct except: -An applicant has up to one year to be licensed after successfully passi...

Property & Casualty - PA - Insurance RegulationPurpose of insurance regulation. - correct answer Assure the public is treated fairly and equitably. Requirements to be licensed. - correct answer Pre-licensing requirements, pass the exam, pay application fee Producer's license. - correct answer Permitted to legally sell, solicit and negotiate contracts of insurance. Licensing requirements. - correct answer 24 credit hours, pass exam, 18 yrs. or older, able to read and write English, not ...

Property & Casualty - PA - BasicsProperty Insurance - correct answer 2 party contract. Casualty Insurance - correct answer 3rd party contract. Liability. Insurable Interest - correct answer Financial someone has in someone or something. Required for coverage. Must exist AT THE TIME OF LOSS. Underwriting - correct answer Gathers information. Issue policy, decide on rates, fees and credits, may change coverage in order to issue, may reject a policy completely. GOAL = avoid adverse selecti...