In the insurance business Study guides, Class notes & Summaries
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Primerica Life Insurance Exam Questions and Answers Already Passed
- Exam (elaborations) • 99 pages • 2023
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Primerica Life Insurance Exam Questions and Answers Already Passed 
An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy? 
a. mutual 
b. reciprocal 
c. nonprofit service organization d. stock A. mutual 
funds not paid out after paying claims and other operating costs are returned to the po...
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PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023
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PRIMERICA LIFE INSURANCE EXAM 
WITH 100% CORRECT ANSWERS 2023 
An insured purchased an insurance policy 5 years ago. Last year, she received a 
dividend check from the insurance company that was not taxable. This year, she did not 
receive a check from the insurer. From what type of insurer did the insured purchase 
the policy? 
a. mutual 
b. reciprocal 
c. nonprofit service organization 
d. stock - Correct answer-A. mutual 
funds not paid out after paying claims and other operating costs are re...
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FLORIDA 2-15 INSURANCE LICENSE EXAM ACTUAL UPDATE WITH LATEST ONLINE WRITTEN EXAM QUESTIONS AND ANSWERS
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FLORIDA 2-15 INSURANCE LICENSE EXAM ACTUAL UPDATE WITH LATEST ONLINE WRITTEN EXAM QUESTIONS AND ANSWERS 
 
Accumulation units are converted into annuity units: 
 
A group life insurance plan in which the employer pays the entire premium is known as a ________________ plan. 
 
If a disabled worker covered under Social Security disability benefits recovers and then is disabled again within five years, a new waiting period is required before benefits begin again. 
 
Robert had an accident and qua...
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INDIANA LIFE AND HEALTH RULES AND REGULATIONS EXAM (2023/2024) RATED A+
- Exam (elaborations) • 18 pages • 2024
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INDIANA LIFE AND HEALTH RULES AND REGULATIONS EXAM (2023/2024) RATED A+ Insurance Commissioner • Appointment by Governor • Member of NAIC 
Insurance commissioner Duties responsible for overseeing the Department of Insurance, which regulates insurance companies operating in Indiana. works to promote improvements to insurance laws and the enforcement of said laws in Indiana.[ 
Certificate of Authority Licensed companies receive a _______________________________ to conduct the business of insur...
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TAX1501 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 (750362) - DUE 25 March 2024
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TAX1501 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 (750362) - DUE 25 March 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9...... ... Question 
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QUIZ 
Who is responsible for paying the Unemployment Insurance contribution? 
a. 
Employers in certain industries 
b. 
Employees only in certain qualifi cations 
c. 
Employees above certain tax brackets 
d. 
Employees and employers 
Clear my choice 
Ti...
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Florida 240 License exam questions with verified correct answers
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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 
 
 
 
An insurance applicant MUST be informed of an investigation regarding his/her reputation and character according to the: 
Fair Credit Reporting Act 
 
 
 
A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: 
A fraternal benefit society 
 
 
 
What I the name...
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Florida 2-15 Insurance Questions And Answers
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In the insurance business, risk can best be defined as: 
 
A. sharing the possibility of a loss 
B. uncertainty regarding the future 
C. uncertainty regarding financial loss 
D. uncertainty regarding when death will occur - Answer- C. The concept of insurance developed from the need to minimize the adverse effects of risk associated with the probability of financial loss. 
 
Which of the following risks is insurable? 
 
A. pure risks 
B. gambling 
C. speculative risks 
D. investing - Answer- A....
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LML4806 PORTFOLIO MEMO - OCT./NOV. 2023 - SEMESTER 2 - UNISA - DUE 3 NOVEMBER 2023 - DETAILED ANSWERS WITH FOOTNOTES & BIBLIOGRAPHY- DISTINCTION GUARANTEED!
- Exam (elaborations) • 24 pages • 2023
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LML4806 PORTFOLIO MEMO - OCT./NOV. 2023 - SEMESTER 2 - UNISA - DUE 3 NOVEMBER 2023 - DETAILED ANSWERS WITH FOOTNOTES & BIBLIOGRAPHY- DISTINCTION GUARANTEED! 
 
QUESTION 1 
 
1.1 Briefly outline the values that are embodied in the African philosophy of ubuntu and discuss, with reference to the Companies Act 71 of 2008, whether the values of ubuntu have been infused in the law regulating companies in South Africa. (10) 
1.2 The Memorandum of Incorporation of CH Adventures (Pty) Ltd (‘the Compa...
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Florida 240 Practice exam questions and answers
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Florida 240 Practice exam questions and answers 
Florida 240 Practice exam questions and 
answers 
A medical expense policy that establishes the amount of benefit paid based upon 
the prevailing charges which fall within the standard range of fees normally 
charged for a specific procedure by a doctor of similar training and experience in 
that geographic area is known as 
Usual, customary and reasonable 
What provision would prevent an insurance company from paying a 
reimbursement claim t...
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State of Colorado Sales License Test Questions With Correct Answers(RATED A)
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Three of the following types of motor vehicles are exempt from the truth in mileage act. - ANSWERS~Vehicles 10 years old or older~Vehicles having a gross empty weight more than 10,000 lbs~Vehicles not self propelled (Trailers) 
 
The definition of a used motor vehicle dealer or used dealer includes which of the following? - ANSWERSa person who attempts to negotiate a sale or lease of a used motor vehicle or powersports vehicle with the intent to make a profit or gain 
 
The Motor Vehicle Board i...
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