Contingent claims Samenvattingen, Aantekeningen en Examens
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OREGON STATE PROPERTY AND CASUALTY EXAM PREP QUESTIONS AND ANSWERS 2024
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The Occurrence form 
it doesn't matter when the loss is reported, but the date the loss occurred must be during the policy period. 
 
 
 
The Supplemental Extended Reporting Period 
The cost of the endorsement may be up to 200% of the CGL's annual premium. This is a one-time charge and is fully earned at issuance. 
 
 
 
Product liability would cover 
Product liability applies to bodily injury the product causes away from the insured's premises. A customer contracting food poisoning is a perfect...
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Texas Life And Health Insurance Exam Questions With Correct Answers | Latest 2023/2024 (Graded A+)
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Texas Life And Health Insurance Exam Questions With Correct Answers | Latest 2023/2024 (Graded A+). Which of the following actions is NOT possible with a Universal Life policy? - Correct 
Answer-Premiums may be applied as a credit against income tax 
Which of the following will a Long Term Care plan typically provide benefits for? - 
Correct Answer-home health care 
Which health policy clause stipulates that an insurance company must attach a copy of 
the application to the policy to ensure that...
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Introduction to Stochastic Finance with Market Examples By Nicolas Privault. SOLUTIONS MANUAL (Complete Download)
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Introduction to Stochastic Finance with Market Examples By Nicolas Privault. SOLUTIONS MANUAL Introduction. 1. Assets, Portfolios, and Arbitrage. 1.1. Portfolio Allocation and Short Selling. 1.2. Arbitrage. 1.3. Risk-Neutral Probability Measures. 1.4. Hedging of Contingent Claims. 1.5. Market Completeness. 1.6. Example: Binary Market. Exercises. 2. Discrete-Time Market Model. 2.1. Discrete-Time Compounding. 2.2. Arbitrage and Self-Financing Portfolios. 2.3. Contingent Claims. 2.4. Martingales an...
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Florida Health 240 Insurance with 100% correct answers
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Rules of Construction 
Help to identify and establish the intent of the parties to the contract 
 
 
 
Utmost good faith 
Each party is entitled to rely on the representation of the other, and each party should have a reasonable expectation that the other is acting in good faith without attempts to conceal or deceive. 
 
 
 
Aleatory Contract 
A contract under which one party's performance is contingent on an uncertain event. 
 
 
 
property and casualty agent 
has the power to bind the insurer...
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PSI CA Property and Casualty Practice Exam 2023 Solved 100% Correct
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1 Can a lender, as a condition of making a loan, require that any insurance be placed through a particular insurance agent or broker? - ANSWER-The loan recipient may always select a particular agent or broker of their choosing 
 
2 A claimant can be any of the following EXCEPT - ANSWER-EXCEPT a person who is conducting an investigation of a claim on behalf of an insurer 
 
3 All of the following are to be specified in an insurance policy EXCEPT - ANSWER-EXCEPT the financial rating of the insured...
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PSI Life Exam Questions and Answers 2022/2023
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What kind of retirement plan can a 75-employee for profit corporation establish? - ANSWER-Simple IRA 
 
The taxable portion of a monthly income benefit paid during the annuity phase from a nonqualified annuity is calculated using the - ANSWER-Exclusion ratio 
 
Unfair claims settlement methods and practices by an insurance company include all of the following acts EXCEPT - ANSWER-failure to pay all claims that are reported within 90 days after a loss occurs 
 
The settlement option that allows p...
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WebCe - Commercial Lines 101 Exam Questions and Answers
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What is the underwriter's goal? - Answer- To write a book of business in which the actual losses approximate the expected losses. 
 
Gertrude is going to become an insurance agent. She would like to work in an agency that represents many different insurance companies. Gertrude will go to work for a(n) - Answer- Independent agency 
 
When a client suffers a loss, MegaInsurers is expected to respond promptly to settle the resulting claim. Depending on the line of insurance, claim costs generally ...
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CISR Agency Operations Self Quiz 50 Questions with Answers,100% CORRECT
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CISR Agency Operations Self Quiz 50 Questions with Answers 
 
 
Which one of the following best describes actual authority? - CORRECT ANSWER When the agency is expressly given authority in the agency contract 
 
Which one of the following statements best describes the standard of care an insurance agency owes an insurance company? - CORRECT ANSWER Loyalty, good faith, reasonable care and contractual duties 
 
Which one of the following is not one of the four benefits of ethical behavior? - CORRE...
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Aceable Agent - Promulgated Contracts Exam with complete solutions
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VOID - Answer- A contract that has no legal effect. 
 
VOIDABLE - Answer- When one or more of the parties has the authority to rescind the contract. It appears to be valid, but one party may disaffirm because they are a minor, were subject to duress, or a victim of fraud or misrepresentation. 
 
STATUTE OF FRAUDS - Answer- A law that requires real estate contracts be in writing is the ______________________? 
 
PAROLE EVIDENCE RULE - Answer- Prevents a party to a written contract from presenting...
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PSI CA Property and Casualty Practice Examination Questions and answers, 100% Accurate, rated A
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PSI CA Property and Casualty Practice Examination Questions and answers, 100% Accurate, rated A 
 
 
1 Can a lender, as a condition of making a loan, require that any insurance be placed through a particular insurance agent or broker? - -The loan recipient may always select a particular agent or broker of their choosing 
 
2 A claimant can be any of the following EXCEPT - -EXCEPT a person who is conducting an investigation of a claim on behalf of an insurer 
 
3 All of the following are to be sp...
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