WebCe

WebCe/P&C/HO/Dwelling/Commercial Policies fully solved 2023Homeowners Policy Coverage A Dwelling: Insureds house and attached structures, attached garage and/or toolshed/construction materials on or next to dwelling. Homeowners Policy Coverage B Other structures: Structures not attached to dwelling, detached garage, gazebo, driveway, swimming pool, fence. (excludes structures rented to non-tenant: business structure) Homeowners Policy Coverage C Personal Property: Covers all "s...

Webce All Possible Questions and Answers 2023-2024 with complete solution On what basis are benefits payable under a long-term care insurance policy typically triggered? A) the diagnosis of an acute medical condition B) the number and types of medications prescribed C) the inability to perform of medications prescribed D) all of the above C) The inability to perform defined ADLs The inability to perform defined ADLs. Benefits payable under a long-term care policy are typically bas...

Webce life health Florida Exam Answered 2023 Rory's parents offered to buy him a new car to take to college, but Rory turned them down because he was afraid the car would be stolen or damaged if he parked it on campus. In deciding not to own a car, what risk management technique did Rory employ? risk avoidance Which of the following is most likely to be an insurable risk? The chance that a fire will destroy a building Theodore pays an annual premium to the insurance company that covers m...

WEBCE Practice Questions and Answers 2023-2024 with complete solution which of the following situations presents a situation of pure risk? -knowing that his family is depending on him, Frank wants to insure his life -wanting to increase his retirement savings, Saul invests his life savings in the stock market -Ralph takes a second mortgage on his house and uses the proceeds to gamble -wanting better job security, Ron cashes in his life insurance to start his own business knowing that h...

Webce Life and Health Study Guide 2023 with complete solution Representations and Warranties Representations are statements the applicant makes on an application that are deemed to be true to the applicant's best knowledge. Warranties are statements the insurer makes in the contract. Underwriting vs. Actuarial Departments Two related insurance company functions. Through the process of _________, applications are assessed for insurability and to assign premium rates. The ________ departmen...

WEBCE Practice Questions and Answers 2022 with complete solution which of the following situations presents a situation of pure risk? -knowing that his family is depending on him, Frank wants to insure his life -wanting to increase his retirement savings, Saul invests his life savings in the stock market -Ralph takes a second mortgage on his house and uses the proceeds to gamble -wanting better job security, Ron cashes in his life insurance to start his own business knowing that his fa...

Webce All Possible Questions and Answers 2023-2024 with complete solution On what basis are benefits payable under a long-term care insurance policy typically triggered? A) the diagnosis of an acute medical condition B) the number and types of medications prescribed C) the inability to perform of medications prescribed D) all of the above C) The inability to perform defined ADLs The inability to perform defined ADLs. Benefits payable under a long-term care policy are typically bas...

Webce life health Florida Exam Answered 2023 Rory's parents offered to buy him a new car to take to college, but Rory turned them down because he was afraid the car would be stolen or damaged if he parked it on campus. In deciding not to own a car, what risk management technique did Rory employ? risk avoidance Which of the following is most likely to be an insurable risk? The chance that a fire will destroy a building Theodore pays an annual premium to the insurance company that covers m...

WEBCE Practice Questions and Answers 2023-2024 with complete solution which of the following situations presents a situation of pure risk? -knowing that his family is depending on him, Frank wants to insure his life -wanting to increase his retirement savings, Saul invests his life savings in the stock market -Ralph takes a second mortgage on his house and uses the proceeds to gamble -wanting better job security, Ron cashes in his life insurance to start his own business knowing that h...

Webce Life and Health Study Guide 2023 with complete solution Representations and Warranties Representations are statements the applicant makes on an application that are deemed to be true to the applicant's best knowledge. Warranties are statements the insurer makes in the contract. Underwriting vs. Actuarial Departments Two related insurance company functions. Through the process of _________, applications are assessed for insurability and to assign premium rates. The ________ departmen...