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Pearson Vue Life Insurance Practice Exam Questions and Answers 100% Pass
Pearson Vue Life Insurance Practice Exam Questions and Answers 100% Pass P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: A.irrevocable beneficiary B.revocable beneficiary C.secondary beneficiary - Correct Answer ️️ -B.revocable beneficiary A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called ...
- Examen
- • 23 pages •
Pearson Vue Life Insurance Practice Exam Questions and Answers 100% Pass P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: A.irrevocable beneficiary B.revocable beneficiary C.secondary beneficiary - Correct Answer ️️ -B.revocable beneficiary A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called ...
Property Practice Exam Questions and Answers 100% Pass
Property Practice Exam Questions and Answers 100% Pass Which of the following helps protect insurance companies from catastrophic losses and from wild fluctuations in underwriting results? - Correct Answer ️️ -Reinsurance Which of the following standards is an agent violating by providing insurance to an insured at a lower or higher premium than another insured in identical circumstances? - Correct Answer ️️ -Unfair discrimination All of the following are elements of a valid contr...
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- • 6 pages •
Property Practice Exam Questions and Answers 100% Pass Which of the following helps protect insurance companies from catastrophic losses and from wild fluctuations in underwriting results? - Correct Answer ️️ -Reinsurance Which of the following standards is an agent violating by providing insurance to an insured at a lower or higher premium than another insured in identical circumstances? - Correct Answer ️️ -Unfair discrimination All of the following are elements of a valid contr...
Property Insurance Practice Exam Questions and Answers 100% Pass
Property Insurance Practice Exam Questions and Answers 100% Pass One of the following policies covers Mobile Homes: a. Dp-1 b. Dp-2 c. Dp-3 d. Ho-4 - Correct Answer ️️ -a. Dp-1 On a dwelling policy, personal property would be covered at: a. ACV b. Replacement Cost c. Not covered d. 80% of Value - Correct Answer ️️ -a. ACV DP-1 would cover all of the following without endorsement except: a. other structures b. personal property c. rental value d. additional living expense ...
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- • 29 pages •
Property Insurance Practice Exam Questions and Answers 100% Pass One of the following policies covers Mobile Homes: a. Dp-1 b. Dp-2 c. Dp-3 d. Ho-4 - Correct Answer ️️ -a. Dp-1 On a dwelling policy, personal property would be covered at: a. ACV b. Replacement Cost c. Not covered d. 80% of Value - Correct Answer ️️ -a. ACV DP-1 would cover all of the following without endorsement except: a. other structures b. personal property c. rental value d. additional living expense ...
INSURANCE - PRACTICE EXAM QUESTIONS AND ANSWERS 100% PASS
INSURANCE - PRACTICE EXAM QUESTIONS AND ANSWERS 100% PASS at least how many hours of prelicensing education must be completed by an applicant for an insurance producer license? - Correct Answer ️️ -20 which of the following does an appointed insurance producer represent in an insurance transaction? - Correct Answer ️️ -insurer for the purposes of conducting an investigation, the Tennessee commissioner of insurance has all of the following powers EXCEPT: - Correct Answer ️️ -th...
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- • 7 pages •
INSURANCE - PRACTICE EXAM QUESTIONS AND ANSWERS 100% PASS at least how many hours of prelicensing education must be completed by an applicant for an insurance producer license? - Correct Answer ️️ -20 which of the following does an appointed insurance producer represent in an insurance transaction? - Correct Answer ️️ -insurer for the purposes of conducting an investigation, the Tennessee commissioner of insurance has all of the following powers EXCEPT: - Correct Answer ️️ -th...
Casualty Insurance Exam Questions and Answers 100% Pass
Casualty Insurance Exam Questions and Answers 100% Pass Coverage that is triggered when a claim is first made against the insured, regardless of when the injury took place, is known as - Correct Answer ️️ -Coverage under the claims-made form According to the other insurance condition, which of the following are methods used to decide how the claim will be divided? - Correct Answer ️️ -Contribution by equal shares or contribution with limits Which of the following limits of liabil...
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- • 15 pages •
Casualty Insurance Exam Questions and Answers 100% Pass Coverage that is triggered when a claim is first made against the insured, regardless of when the injury took place, is known as - Correct Answer ️️ -Coverage under the claims-made form According to the other insurance condition, which of the following are methods used to decide how the claim will be divided? - Correct Answer ️️ -Contribution by equal shares or contribution with limits Which of the following limits of liabil...
Illinois Casualty Insurance Exam Review 2024 Questions and Answers 100% Pass
Illinois Casualty Insurance Exam Review 2024 Questions and Answers 100% Pass Premium - Correct Answer ️️ -money paid by the insured to the insurance company in exchange for the insurance policy Lapse - Correct Answer ️️ -when a policy is terminated due to non-payment of premiums First Party Claimant - Correct Answer ️️ -is an insured making a claim under their own policy for damage to their insured property Third Party Claimant - Correct Answer ️️ -is a person or organiza...
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Illinois Casualty Insurance Exam Review 2024 Questions and Answers 100% Pass Premium - Correct Answer ️️ -money paid by the insured to the insurance company in exchange for the insurance policy Lapse - Correct Answer ️️ -when a policy is terminated due to non-payment of premiums First Party Claimant - Correct Answer ️️ -is an insured making a claim under their own policy for damage to their insured property Third Party Claimant - Correct Answer ️️ -is a person or organiza...
pearson vue practice exam questions and answers 100% pass
pearson vue practice exam questions and answers 100% pass Which of the following sections of an insurance policy would explain the term "auto" ? A.Declarations A. Declarations B.Definitions B. Definitions C.Insuring agreement C. Insuring agreement D.Obligations of the insurance company D. Obligations of the insurance company - Correct Answer ️️ -B In an application for marine insurance, a yacht owner states that the yacht will only be sailed on inland waters. If the insured...
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- • 31 pages •
pearson vue practice exam questions and answers 100% pass Which of the following sections of an insurance policy would explain the term "auto" ? A.Declarations A. Declarations B.Definitions B. Definitions C.Insuring agreement C. Insuring agreement D.Obligations of the insurance company D. Obligations of the insurance company - Correct Answer ️️ -B In an application for marine insurance, a yacht owner states that the yacht will only be sailed on inland waters. If the insured...
IL Casualty Insurance Practice Test Questions and Answers 100% Pass
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- • 6 pages •
PearsonVue Practice Exam 1 Questions and Answers 100% Pass
PearsonVue Practice Exam 1 Questions and Answers 100% Pass Which of the following persons may assign a Standard Fire Policy? - Correct Answer ️️ -A Claims Adjuster Under the standard flood insurance policy, all of the following loss avoidance measures are covered up to $1,000 when damage to the insured property due to flooding is imminent EXCEPT: - Correct Answer ️️ -The value of work, at the federal minimum wage, that a member of the household performs The Insurance Commissioner...
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- • 10 pages •
PearsonVue Practice Exam 1 Questions and Answers 100% Pass Which of the following persons may assign a Standard Fire Policy? - Correct Answer ️️ -A Claims Adjuster Under the standard flood insurance policy, all of the following loss avoidance measures are covered up to $1,000 when damage to the insured property due to flooding is imminent EXCEPT: - Correct Answer ️️ -The value of work, at the federal minimum wage, that a member of the household performs The Insurance Commissioner...
NC casualty exam advantage practice test 100% Correct Solved
NC casualty exam advantage practice test 100% Correct Solved Which of the following is an example of redlining? Select one: a. YLR Insurance charges people in Metropolis an $800 premium for life insurance if they live in homes valued at $150,000, but $1,800 for people who live in homes less than that amount. b. Agent Francesco gives a cell phone to anyone who buys a life insurance policy from him. c. An insurer decides not to offer term insurance to any of its customers. d. An admitted...
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NC casualty exam advantage practice test 100% Correct Solved Which of the following is an example of redlining? Select one: a. YLR Insurance charges people in Metropolis an $800 premium for life insurance if they live in homes valued at $150,000, but $1,800 for people who live in homes less than that amount. b. Agent Francesco gives a cell phone to anyone who buys a life insurance policy from him. c. An insurer decides not to offer term insurance to any of its customers. d. An admitted...
Earth Science Exam Review 2024 with Complete Solutions
Hondros Nursing 172 Exam 2 Questions and Answers 100% Pass
Oregon Pesticide Examination: Ornamental and Turf Herbicide Questions and Answers 100% Pass
Xcel Solutions Property & Casualty Exam Questions and Answers
INSY-3303 FINAL EXAM STUDY GUIDE WITH COMPLETE SOLUTIONS
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