Mackmarkersmoris
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Idaho Bail Bondsman Insurance License Exam Questions 100% SOLUTION
A domestic insurance companay: - ANSWER is incorporated in the state within which it 
is located. It is considered foreign in all other states. 
A captive insurance company exists primarily to: - ANSWER underwrite the risks of the 
parent owner. 
What agreement is for laying the legal framework of the insurance business? - 
ANSWER Insurance agent partnership agreement 
True or False: An 'arrest' must be accompanied by physical restraint or handcuffs - 
ANSWER False 
What process or procedu...
- Exam (elaborations)
- • 8 pages •
A domestic insurance companay: - ANSWER is incorporated in the state within which it 
is located. It is considered foreign in all other states. 
A captive insurance company exists primarily to: - ANSWER underwrite the risks of the 
parent owner. 
What agreement is for laying the legal framework of the insurance business? - 
ANSWER Insurance agent partnership agreement 
True or False: An 'arrest' must be accompanied by physical restraint or handcuffs - 
ANSWER False 
What process or procedu...