Association claims Guías de estudio, Notas de estudios & Resúmenes

Which type of insurance protects an agent and even pays claims if a lawsuit is brought against the agent as a result of failing to provide a service to a client? - Errors and Omissions Insurance Which of the following terms is known as the voluntary relinquishment of a given right or privilege? - Waiver This Supreme Court case placed the regulation of insurance within the authority of the federal government by defining insurance as a form of interstate commerce? - United States v. Southeast...

TEST BANK FOR EXPLORING PSYCHOLOGY 12TH EDITION BY DAVID G. MYERS COMPLETE SOLUTION ALL CHAPTERS. The type of thinking that examines assumptions, appraises the source, discerns hidden biases, evaluates evidence, and assesses conclusions is called a. critical thinking. b. introspection. c. speculation. d. gut-level reasoning. ANSWER: a 2. Surveys indicate that people are more likely to support “gun safety laws” than “gun control laws.” These survey results best illustrate the impo...

Revenue Cycle consists of CORRECT ANSWER several departments with numerous responsibilities. Department responsibilities and names vary by organization. The key to a strong revenue cycle is a CORRECT ANSWER clean claim. Patient Access is responsible for over CORRECT ANSWER 60% of the claims fields on a UB04. In 1975, the American Hospital Association brought together all the national payer and provider organizations and developed the CORRECT ANSWER National Uniform billing committee (NU...

SOLVED- ELABORATED-CMCA Practice Test Questions 2022 SOLVED- ELABORATED-CMCA Practice Test Questions 20221. Which of the following is a common management control for ensuring maintenance work is performed in a timely manner? A. A purchase order system B. An equipment warranties C. A work order/response form D. A contractor's invoice C. A work order/response form - A, B, and D speak to elements OTHER than a control to ensure maintenance work is completed. - 2. The primary management control tool...

The Commissioner of Insurance in Mississippi is elected to office for a term of 4 years The burden of proof for determining that a producer is representing an authorized insurer falls on The producer The fine the Commissioner may levy for violating any provision of the Insurance Code is $1000 A foreign insurer An insurer formed under the laws of any state other than Mississippi would be known as Each of the following is true about the Mississippi Residential Prope...

When are you required to file premium tax return for the previous calendar year by? - ANSWERSMarch 1st What does statutory accounting mean? - ANSWERSRules state that certain assets are non-admitted (don't count) as you can't pay claims with them. Bonds rated ___________ and higher are considered investment grade. - ANSWERS1 & 2 What does IBNR stand for? - ANSWERSIncurred but not reported True or false, individuals whose Surplus Line Brokers license was active and did not have an ac...

NEW HAMPSHIRE PROPERTY & CASUALTY QUIZ QUESTIONS WITH COMPLETE SOLUTIONS 100% What is true about controlled forms? - correct answer These forms are usually issued according to published rules and rates When will an insurance company pay damages on behalf of an insured under a CGL policy? - correct answer when the company determines that the insured is legally liable A loss reserving method that establishes aggregate reserves for all claims for a single type of insurance is known as - co...

Life Insurance Exam Questions with correct Answers J has a life policy with the Guaranteed Insurability rider. J has just celebrated their 42nd birthday and realizes that she wants to use her rider and buy more death benefit. Which of the following will apply to J's request? . An insured has a policy with a Waiver of Premium rider. The insured has suffered an illness that will prevent them for working for two years. When will their premiums be waived? The clause that defines and describ...

The Texas Property and Casualty Insurance Guaranty Association pays covered claims against which of the following? A Denied Workers' Compensation claims B Labor associations C Insolvent insurers D Unauthorized insurance companies correct answers c The supplemental tail requires an annual premium B The basic extended reporting period allows a claim to be reported after the policy period for a specified number of days C The basic extended reporting period does not incre...

Hosa Sports Medicine Exam Latest Update and Graded A point fixing and gambling are unsportsmanlike conduct, but they are legal - FALSE it is not the athletics trainer's responsibility to keep track of documentation such as release and consent forms and waivers - FALSE an athletic philosophy and regulations document can include a code of ethics; regulations about participating in school-sponsored sports, such as a grade requirements and practice rules; and rules about travel or team t...

Multi-Line Insurers - CORRECT ANSWER-________-______ Insurers are insurance carriers that offer more than one line of insurance. False - CORRECT ANSWER-True or False? Stock Insurance Companies are "participating" in that the policyholders receive dividends. Attorney-In-Fact - CORRECT ANSWER-Reciprocal Insurers are managed by an ___________________. Association - CORRECT ANSWER-Contrary to popular opinion, Lloyd's of London is not an insurer but rather an ____________. Limits Catas...