Insurable receipt Study guides, Class notes & Summaries
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![ISR3702 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 (392770) - DUE 15 April 2024](/docpics/4994233/661a9242b5f0f_4994233_121_171.jpeg)
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ISR3702 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 (392770) - DUE 15 April 2024
- Exam (elaborations) • 31 pages • 2024
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ISR3702 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 (392770) - DUE 15 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9......... Mlindwa’s spouse, Fezi, successfully challenged Mlindwa’s testamentary will. The court deemed the will void and set it aside. There was no sale of assets from Mlindwa’s deceased estate. The deceased estate had the following liabilities, which Nongxa had to pay when winding up this estate: 
 ...
![Funeral Prearrangement License Exam Texas Questions with correct Answers (Graded A)](/docpics/2921376/648fdcdeed734_2921376_121_171.jpeg)
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Funeral Prearrangement License Exam Texas Questions with correct Answers (Graded A)
- Exam (elaborations) • 7 pages • 2023 Popular
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A funeral prearrangement life insurance agent must be supervised - Answer- By a legal reserve life insurance agent whose company holds a seller's permit. 
 
The maximum initial guaranteed death benefit that a funeral prearrangement life insurance agent may sell is - Answer- $15,000 
 
A funeral prearrangement life insurance agent license expires when the agent - Answer- Fails to submit a biannual renewal application and fee 
 
When an application for an insurance agent license is denied, except ...
![Texas Life Insurance exam 2023 with 100% correct answers](/docpics/6444552d2de23_2641415.jpg)
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Texas Life Insurance exam 2023 with 100% correct answers
- Exam (elaborations) • 12 pages • 2023
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Who is considered a field underwriter? 
An agent 
 
 
 
When must insurable interest exist in life insurance? 
Application or issue date 
 
 
 
If no receipt is issued at the time of application, a statement of good health is usually required at the time of? 
Policy delivery 
 
 
 
The Medical Information Bureau is?(MIB) 
a source of medical information to alert insurers to adverse medical history 
 
 
 
A substandard risk compared to a standard risk would pay? 
a higher premium 
 
 
 
Which doc...
![Pearson Vue Life + Health Insurance Practice Exam Questions And Correct Answers](/docpics/4217690/65a2be1e77882_4217690_121_171.jpeg)
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Pearson Vue Life + Health Insurance Practice Exam Questions And Correct Answers
- Exam (elaborations) • 17 pages • 2024
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Pearson Vue Life + Health Insurance Practice Exam Questions And Correct Answers 
 
P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: 
a: irrevocable beneficiary 
b: revocable beneficiary 
c: secondary beneficiary 
B 
A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called an: 
A. indemnity contract 
B. invest...
![Texas Life Insurance exam| Questions with 100 % Correct Answers | Verified](/docpics/2917291/648ed78ec23a2_2917291_121_171.jpeg)
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Texas Life Insurance exam| Questions with 100 % Correct Answers | Verified
- Exam (elaborations) • 12 pages • 2023
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Who is considered a field underwriter? - An agent 
When must insurable interest exist in life insurance? - Application or issue date 
If no receipt is issued at the time of application, a statement of good health is usually required at the 
time of? - Policy delivery 
The Medical Information Bureau is?(MIB) - a source of medical information to alert insurers to 
adverse medical history 
A substandard risk compared to a standard risk would pay? - a higher premium 
Which document describes specifi...
![LA Life, Health & Accident Insurance Series 103 Practice Exam Questions and Answers Already Passed](/docpics/4341286/65b3fa419764d_4341286_121_171.jpeg)
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LA Life, Health & Accident Insurance Series 103 Practice Exam Questions and Answers Already Passed
- Exam (elaborations) • 15 pages • 2024
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LA Life, Health & Accident Insurance Series 103 Practice Exam Questions and Answers Already Passed 
Under which situation must insurable interest exist between the applicant and insured at the time of application? When a third-party applicant names themselves beneficiary. 
Which of the following is true about a decreasing term life policy? The face amount reaches zero at policy expiration. 
Which of the following occurs immediately after the application is submitted and the initial premium paid?...
![California property and casualty exam questions and answers graded A](/docpics/635b090239f0f_2061764.jpg)
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California property and casualty exam questions and answers graded A
- Exam (elaborations) • 86 pages • 2022
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alifornia property and casualty exam questions and answers graded A The process where by a mutul insurer becomes a stock company is called Demutalization 
The process whereby a stock company a mutal insurer is called Mutalization 
The provision in a property policy which states that the insured has been paid up to their insurable interest is Valuation clause 
The part of the policy that states the amout of coverage the insured property policy period is Declaration 
Part of the policy that establ...
![California property and casualty exam, Pool Questions & Answers. Verified. Rated A](/docpics/63dd5810dd087_2333246.jpg)
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California property and casualty exam, Pool Questions & Answers. Verified. Rated A
- Exam (elaborations) • 57 pages • 2023
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California property and casualty exam, Pool Questions & Answers. Verified. Rated A 
 
 
 
The process where by a mutul insurer becomes a stock company is called - Demutalization 
 
The process whereby a stock company a mutal insurer is called - Mutalization 
 
The provision in a property policy which states that the insured has been paid up to their insurable interest is - Valuation clause 
 
The part of the policy that states the amout of coverage the insured property policy period is - Declara...
![North Carolina XCEL Testing Life & Health Insurance Exam Study Guide with complete solution](/docpics/63ff4bdfd45cb_2424893.jpg)
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North Carolina XCEL Testing Life & Health Insurance Exam Study Guide with complete solution
- Exam (elaborations) • 15 pages • 2023
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North Carolina XCEL Testing Life & Health Insurance Exam Study Guide with complete solution 
 
Which of the following requires insurers to disclose when an applicant's consumer or credit history is being investigated: Answer>>1970 - Fair Credit Reporting Act 
 
What type of reinsurance contract involves two companies automatically sharing their risk exposure? Answer>>Treaty 
 
What is the name of the law that requires insurers to disclose information gathering practices and where ...
![Final Exam - Florida Life and Health | all 2023/24 questions and answers](/docpics/3484061/650db8ea9c248_3484061_121_171.jpeg)
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Final Exam - Florida Life and Health | all 2023/24 questions and answers
- Exam (elaborations) • 15 pages • 2023
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Final Exam - Florida Life and Health | all 2023/24 questions and answers 
 
Which Unfair Trade Practice involves making a false statement on an insurance application in order to receive money from an insurer? - Misrepresentation 
Who owns a stock company? - A stock insurance company is owned by its stockholders. 
In Florida, which of the following is considered an Unfair Trade Practice? - Coercion 
Which of these options can an individual use their medical flexible spending account to pay for...
![N.C. Claims Adjuster Exam Latest 2023 Rated A+](/docpics/63eb555364762_2369684.jpg)
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N.C. Claims Adjuster Exam Latest 2023 Rated A+
- Exam (elaborations) • 80 pages • 2023
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N.C. Claims Adjuster Exam Latest 2023 Rated A+ Inception/Expiration Date an insurance policy covers the insured starting at 12:01am on the day on which coverage begins and expires at 12:01am on the expiration day of the policy. 
Occurrence Date Date of which the loss occurred 
Identification of parties involved The loss report should include the names and addresses of the parties involved in the loss, the names and addresses of any injured person(s) and the names and addresses of any witness(s)....
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