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Liberty University

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Texas Life and Health Insurance Exam WITH COMPLETE SOLUTIONS 2023.
  • Texas Life and Health Insurance Exam WITH COMPLETE SOLUTIONS 2023.

  • Tentamen (uitwerkingen) • 11 pagina's • 2023
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  • 1. What type of reinsurance contract involves two companies automatically sharing their risk exposure?: Treaty 2. The stated amount or percent of liquid assets that an insurer must have on hand that will satisfy future obligations to its policyholders is called: reserves 3. When third-party ownership is involved, applicants who also happen to be the stated primary beneficiary are required to have: insurable interest 4. Statements made on an insurance application that are believed to be tru...
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Texas All Lines Adjuster Test 100 questions and answers with complete solutions 2023.
  • Texas All Lines Adjuster Test 100 questions and answers with complete solutions 2023.

  • Tentamen (uitwerkingen) • 22 pagina's • 2023
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  • Texas All Lines Adjuster Test 100 questions and answers with complete solutions 2023. Texas All Lines Adjuster Test 1. Accumulated Depreciation: The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) 2. Acreage Reporting Date: The deadline for providing the insurer with an acreage report, which is used to determine the amount of coverage needed and the premium charged for a particular crop. 3. Actual Cash Value (ACV): A valua...
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Texas All Lines Adjuster Laws & Regulation exam 2023.
  • Texas All Lines Adjuster Laws & Regulation exam 2023.

  • Tentamen (uitwerkingen) • 27 pagina's • 2023
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  • Texas All Lines Adjuster Laws & Regulation exam 2023. 1. All of the following are exempted from the requirement of an adjuster's license examination except: A. Those persons holding CPCU designation; B. those persons adjusting workers compensation claims; C. Those persons who have received the Associate in Claims (AIC) designation; D. Those persons who have a certificate of completion showing that within the past 12 months the applicant has completed a certified adjuster prelicensing ...
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Texas Promulgated Contracts-CHAMPIONS COMPLETE TEST 2023/2024
  • Texas Promulgated Contracts-CHAMPIONS COMPLETE TEST 2023/2024

  • Tentamen (uitwerkingen) • 33 pagina's • 2023
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  • Texas Promulgated Contracts-CHAMPIONS COMPLETE TEST 2023/2024 1. The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording B 2. A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilateral (...
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