Ambiguities Study guides, Class notes & Summaries

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ACA Final Exam Questions and Answers 2023 At the end of this course, you must do which of the following? Pass the final course exam with a scored of 70% or higher Print your certificate from this website Apply for your Insurance Adjuster license at the Florida Department of Financial Services website at All of the above All of the above Which of the following is NOT one of the duties of the Department of Financial Services? License adjusters Set rates and write policies ...

New York Life Insurance Exam Questions and Answers 100% CorrectNew York Life Insurance Exam Questions and Answers 100% CorrectAccelerated Benefits - ANSWER-Riders attached to life insurance policies which allow death benefits to be used to cover nursing or convalescent home expenses. Accidental Death Benefits - ANSWER-A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death. Accidental Death Insurance - ...

New York Life Insurance Questions and Answers Already Passed Accelerated Benefits Riders attached to life insurance policies which allow death benefits to be used to cover nursing or convalescent home expenses. Accidental Death Benefits A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death. Accidental Death Insurance An insurance policy that provides payment if the insured's death is the result of an acc...

If a company cancels an auto policy mid term, the refund will be made on a. pro rata basis b. short rate basis c. retroactive basis d. coinsurance basis Pro Rata Basis What is the term used to describe terminating the insurance relationship at the end of the policy period ? a. cancellation b. nonrenewal c. separation d. exclusion Nonrenewal Which is the best example of an indirect loss ? a. sequential loss b. liability loss c. employee theft d. loss of use Loss o...

Illinois Life & Health Insurance Exam Questions and Answers with Verified Solutions Accelerated Benefits Riders attached to life insurance policies that allow death benefits to be used to cover nursing or convalescent home expenses Accidental death benefits a policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death accidental death insurance an insurance policy that provides payment if the insureds death is th...

Primerica UCanPass Practice 2023 Questions and Answers with complete solution 401 K Plan A qualified retirement plan in which the employee can set aside a portion of their income with pre-tax dollars. Absolute Assignment v. Collateral Assignment Absolute: A permanent and irrevocable transfer of rights and/or benefits by the policyowner. Collateral: A temporary and/or revocable transfer of benefits by the policyowner. Accelerated Death Benefit Policy provision that allows full or partial ...

Virginia Life and Health Exam Review. Questions with accurate answers. 2022/2023. Document Content and Description Below Virginia Life and Health Exam Review. Questions with accurate answers. 2022/2023. What contract term means only one party to a contract's promises are legally enforceable? - Unilateral Mr. Jones, the insured, committed suicide after the expiration of the suicide clause in his life insurance policy. The insurer is obligated to: - Pay the death benefit. The benefit that encou...

Indirect Loss - Answer- A secondary loss that follows from a direct loss to insured property from a covered peril. Ex. Hotel expenses incurred by the insured while a fire-damaged home is repaired is an indirect loss that follows the direct loss of the home. Exclusive Agency System - Answer- An insurance distribution system in which producers (agents) represent a single company. Ex. In the exclusive agency system, insurers use independent contractors (exclusive agents) that represent only on...

SPCE 630 Final Exam prep, SPCE 630 EXAM LATEST ACTUAL EXAM 55 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ visual analysis of graphed data - CORRECT ANSWER is the cornerstone of and most frequently used data analysis method in SCD research, particularly for determining whether a study demonstrates experimental control. involves systematic procedures used to evaluate specific characteristics of data patterns and evaluate the presence of a functional relat...

A license holder, while acting as an agent for another should a. Expect any ambiguities in the contract documents will be corrected at the closing b. Be scrupulous and meticulous in performing the agent`s functions c. Advise buyers that verbal repair agreement can be documented at closing d. Explain that written contract amendment are not as important as the original agreement correct answer: b. Be scrupulous and meticulous in performing the agent`s functions When a broker is acting fo...