Nebraska life and health Study guides, Class notes & Summaries

What is Insurance?Answer - a contract in which 1 party (insurance company) agrees to indemnify (make whole) the insured party against loss, damage, or a liability arising from an unknown event. What is life insurance?Answer - a policy that protects survivors from losses suffered after an insured's death What does insurance do?Answer - transfers the risk of loss from an individual or business entity to an insurance company which spreads out costs of unexpected losses to many individuals ...

Nebraska Life and Health Insurance ExamWhat is Insurance? - correct answer a contract in which 1 party (insurance company) agrees to indemnify (make whole) the insured party against loss, damage, or a liability arising from an unknown event. What is life insurance? - correct answer a policy that protects survivors from losses suffered after an insured's death What does insurance do? - correct answer transfers the risk of loss from an individual or business entity to an insurance company w...

Nebraska Life and Health License Exam | updated Before delivering a health insurance policy to a client, the producer alters the insuring clause in a way that he believes will benefit the insurance company. Which of the following statements is true about this alteration? - It is prohibited by the entire contract provision Which organization offers health insurance to Nebraska residents who are denied health insurance and unable to obtain coverage from private companies due to pre-existing...

Nebraska Life and Health License Exam Questions With Complete And Correct Answers 100%

Nebraska Life and Health Insurance Exam Question and answers already passed 2023/2024What is Insurance? - correct answer a contract in which 1 party (insurance company) agrees to indemnify (make whole) the insured party against loss, damage, or a liability arising from an unknown event. What is life insurance? - correct answer a policy that protects survivors from losses suffered after an insured's death What does insurance do? - correct answer transfers the risk of loss from an individua...

Nebraska Life and Health License Exam Questions and Answers 100% Pass Before delivering a health insurance policy to a client, the producer alters the insuring clause in a way that he believes will benefit the insurance company. Which of the following statements is true about this alteration? - Answer- It is prohibited by the entire contract provision Which organization offers health insurance to Nebraska residents who are denied health insurance and unable to obtain coverage from private...

Before delivering a health insurance policy to a client, the producer alters the insuring clause in a way that he believes will benefit the insurance company. Which of the following statements is true about this alteration? It is prohibited by the entire contract provision Which organization offers health insurance to Nebraska residents who are denied health insurance and unable to obtain coverage from private companies due to pre-existing medical conditions? Nebraska Comprehensive Heal...

Nebraska Life and Health Insurance Exam Question ad answers 100% correct Nebraska Life and Health Insurance Exam What is Insurance? - correct answer a contract in which 1 party (insurance company) agrees to indemnify (make whole) the insured party against loss, damage, or a liability arising from an unknown event. What is life insurance? - correct answer a policy that protects survivors from losses suffered after an insured's death What does insurance do? - correct answer transfer...

Before delivering a health insurance policy to a client, the producer alters the insuring clause in a way that he believes will benefit the insurance company. Which of the following statements is true about this alteration? - It is prohibited by the entire contract provision Which organization offers health insurance to Nebraska residents who are denied health insurance and unable to obtain coverage from private companies due to pre-existing medical conditions? - Nebraska Comprehensive Heal...

Nebraska Life and Health License Exam Questions and Answers 100% Pass Before delivering a health insurance policy to a client, the producer alters the insuring clause in a way that he believes will benefit the insurance company. Which of the following statements is true about this alteration? - Answer- It is prohibited by the entire contract provision Which organization offers health insurance to Nebraska residents who are denied health insurance and unable to obtain coverage from private...