Classrep2

Public Adjuster License - ANSWERA solicitors/adjusters license is valid for two years and must be renewed every two years Public Adjuster Bond - ANSWER$10,000 bond is required for solicitors/adjusters Proof of Loss - ANSWERdocumentation of loss required of a policy owner by an insurance company; must usually be filed within 60 days after the request of the insured or according to policy provision, 60 days after the date of loss Loss to a Pair or Set - ANSWER(1) repair or replace any par...

non-resident producer - ANSWERout of state prelicensing education required for each line of authority - ANSWER20 hours Period of time that temporary WORK AUTHORITY is valid - ANSWER60 days How long to apply for license after completing PRELICENSING education? - ANSWER2 years To apply for a license after passing the licensing EXAMINATION - ANSWER1 YEAR Temporary LICENSE valid - ANSWER180 days

Renewable Term Life Insurance - ANSWERAn insurer must renew a renewable term policy at the policyowner's request regardless of the insurability status of the insured. Fixed-amount - ANSWERThe settlement option that provides for payments to be made in regular installments to a beneficiary until the principal and interest are exhausted best describes: Must give public reasonable access. - ANSWERWhat hours of operation is a branch office required to have? Amount of indeptness - ANSWERUnde...

False - ANSWERAs people age, they get wiser False - ANSWERMost older people end up in Nursing Homes True - ANSWERSexuality is still a part of aging True - ANSWERCreativity can actually

The Commissioner must approve - ANSWERContinuing education courses Employer sponsored group health insurance provides coverage for which of the following? Self-inflicted injuries cosmetic surgery custodial care alcoholism - ANSWERalcoholism A Medicare supplement policy can be cancelled by the insurer for - ANSWERNonpayment Which entity is responsible for regulating insurance advertising in NJ? - ANSWERNew Jersey Department of Banking and Insurance Which of the following are ret...

Cash Basis Accounting - ANSWERKeeping records that shows only income actually received during a fiscal period and only expenses paid during a fiscal year. *Record income when cash or check is received *Record expense when check is written Accrual Basis Accounting - ANSWERKeeping records that show all income earned during a fiscal period even though it isn't received yet and all expenses incurred during a fiscal period even though the expenses are not yet paid *Record income when a bill is...

A) Licensed Nurse B) Registered Professional Nurse C) The Administrator D) Residents Physician - ANSWERRegistered Professional Nurse A reportable event requires notification of the DOH - ANSWERimmediately by telephone and in writing 72 hours Discharge records should include - ANSWERdestination of residents who are discharged Personal Care Assistants who are not certified must complete and approved program and pass the exam within - ANSWER6 months of hire date Number of air exchan...

Aging in Place - ANSWERprocess which allows individuals to remain in their living environment despite cognitive or physical decline occurred in aging AL census must be Medicaid - ANSWER10% AL census must be Long Term Care (LTC) - ANSWER20%. 3 years after opening Assisted Living Principles - ANSWERPromotes maximum independence Promotes dignity Promotes self-direction & participation Allows aging in place AL Values - ANSWERDIPCI Dignity Individuality Privacy Choice Inde...

assistance with transfer - ANSWERproviding the physical assistance of no more than two facility staff while the resident moves between bed and a standing position or between bed, chair, or wheelchair managed risk agreement - ANSWERify the specific cause for concern de the resident with clear, understandable information about the possible consequences of her choice or action to negotiate a manged risk agreement with the resident that will minimize risk and adverse consequensces while still ...

40 hours - ANSWERminimum hours for training plus 16 at a licensed facility 30 hours - ANSWERCEU hours needed to renew administrators license 44 " - ANSWERminimum width of doorway, corridor, and aisles 150 square feet - ANSWERclear usable floor area for one person in an alr

40 hours, 16 hours - ANSWER____ is the minimum number of hours for administrator training, plus ____ hours at a license facility 30 hours, three years - ANSWER____ number of continuing education units every ____ years to renew administrator's license 44 inches - ANSWERminimum width of passageways, aisles, and corridors at ALRs 36 inches - ANSWERminimum width of passageways, aisles, and corridors at CPCH 150 square feet - ANSWERClear usable floor area for one person in an ALR 80 s...

FICEP EXAM BUNDLE|QUESTIONS WITH CORRECT SOLUTIONS!!FICEP EXAM BUNDLE|QUESTIONS WITH CORRECT SOLUTIONS!!FICEP EXAM BUNDLE|QUESTIONS WITH CORRECT SOLUTIONS!!FICEP EXAM BUNDLE|QUESTIONS WITH CORRECT SOLUTIONS!!FICEP EXAM BUNDLE|QUESTIONS WITH CORRECT SOLUTIONS!!FICEP EXAM BUNDLE|QUESTIONS WITH CORRECT SOLUTIONS!!FICEP EXAM BUNDLE|QUESTIONS WITH CORRE

Which cycle describes members who are just surviving and living paycheck to paycheck? - ANSWEREarn/Spend/Earn/Spend Financial counselors who don't use what they know about hemispheric thinking may fall into the trap of: - ANSWERPresenting information to a member in a manner that might not be the best way to communicate Using a hard approach, rather than a soft approach, with members: - ANSWERCommunicates in an orderly, specific, and straight-forward way The Johari Window describes four...

What does accounts receivable mean? - ANSWERMoney that is owed to a business What does accounts payable mean? - ANSWERMoney that a business owes to others What are considerations for cash flow when running a business? (7) - ANSWER(1) Accounts receivable (2) Accounts payable (3) Cyclical or seasonal income (4) Inventory management (5) Taxes (6) Insurance (7) Retirement benefits What are ways to establish good credit? (9) - ANSWER(1) Paying bills on time (2) Establishing regular ...

deliquent - ANSWERdebt or other financial obligation on which payment is overdue foreclosure - ANSWERthe seizure of property from borrowers who are unable to repay their loans money avoidance - ANSWERbelieve that money is bad and they do not deserve it; may ignore their finances and avoid thinking about money; may also give away money to others in order not to have it. money worship - ANSWERconvinced that more money will solve all of their problems, that there will never be enough, that...

________________ _____________ occurs when a criminal obtains personal information to use without permission. - ANSWERIdentity theft Primary sources of data for identity thieves include ___________ ________________ cards, driver's license, tax returns and medical insurance cards. - ANSWERSocial Security Opting out of __________________________ credit card offers will help stop identity theft. - ANSWERPre-screened Lack of a lock icon, misspelled words, altered logos and requests for per...

Which spending cycle is the preferred one to be in? - ANSWEREarn/Save/Spend concious mind - ANSWERleft hemisphere, center for processing sensory info unconscious mind - ANSWERRight hemisphere, autonomic processing Hard approach - ANSWERleft/analytic side, assertive/orderly/straightforward Soft approach - ANSWERRight/creative side, offers possibilities and suggestions

Cycle 1 - ANSWEREarn/Spend/Earn/Spend Cycle 2 - ANSWEREarn/Spend/Borrow/Spend Cycle 3 - ANSWEREarn/Spend/Save Cycle 4 - ANSWEREarn/Save/Spend Why is it important for counselors to have an understanding of Hemispheric thinking - ANSWERSo that they are aware that everyone learns and processes information differently and they can

Financial Well-Being - ANSWERTied to behaviors and attitudes, influenced by environment and experiences Poor Financial Habits - ANSWERSpending too much, saving too little, carrying too much debt, caring too little about financial future, reliance on others Spending Cycles - ANSWER4 primary cycles, counselors aim for Earn/Save/Spend cycle Behavioral Influences - ANSWERLearned patterns, parents, society, creditors, lenders Maslow's Hierarchy of Needs -

What is the ideal spending cycle? - ANSWEREarn / Save / Spend Which spending cycle is living "paycheck to paycheck"? - ANSWEREarn / Spend / Earn / Spend Which spending cycle claims to prioritize saving but rarely has any left? - ANSWEREarn / Spend / Save Which spending cycle relies on debt to maintain their lifestyle? - ANSWEREarn / Spend / Borrow / Spend What is money avoidance? - ANSWERMoney is viewed as the root of evil and undeserved. What is money worship? - ANSWERMoney equ...