Alabama Life & Health Insurance ExamFX Chapter 2 Insurance Policies Questions with Correct Answer 2023/2024,Alabama Life & Health Insurance Exam Study Guide for ExamFX Chapter 1 General Insurance 2023/2024,Alabama Life & Health Insurance Exam Study Questions with Complete Solutions Latest 2023,Alab...
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what law protects consumers from the circulation of inaccurate or obsolete information? - Correct Answer The Fair Credit Reporting Act Insurers are classified according to their domicile. What are the 3 types of insurers? - Correct Answer domestic, foreign, and alien what type of insurer is a ...
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Add to cartwhat law protects consumers from the circulation of inaccurate or obsolete information? - Correct Answer The Fair Credit Reporting Act Insurers are classified according to their domicile. What are the 3 types of insurers? - Correct Answer domestic, foreign, and alien what type of insurer is a ...
Which of the following would be considered a speculative risk? - Correct Answer The possibility the painting you bought might be a long-lost masterpiece A speculative risk is one in which there is a chance for either loss or gain. Example: Gambling, Casino's, Lottery, etc. All of the other choic...
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Add to cartWhich of the following would be considered a speculative risk? - Correct Answer The possibility the painting you bought might be a long-lost masterpiece A speculative risk is one in which there is a chance for either loss or gain. Example: Gambling, Casino's, Lottery, etc. All of the other choic...
UNIT 1: The term used to describe the individual who is covered by the insurance is A. insurer B. insured C. policyowner D. risk - Correct Answer B Which of the following is a risk? A. A car may need to have new brakes installed after several years of regular driving. B. An individual may n...
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Add to cartUNIT 1: The term used to describe the individual who is covered by the insurance is A. insurer B. insured C. policyowner D. risk - Correct Answer B Which of the following is a risk? A. A car may need to have new brakes installed after several years of regular driving. B. An individual may n...
Agent/Producer - Correct Answer A person who acts for another person or entity with regard to contractual arrangements with third parties; a legal representative of an insurance company. Agent/Agency Contract - Correct Answer a contract that is held between an insurer and an agent/producer, conta...
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Add to cartAgent/Producer - Correct Answer A person who acts for another person or entity with regard to contractual arrangements with third parties; a legal representative of an insurance company. Agent/Agency Contract - Correct Answer a contract that is held between an insurer and an agent/producer, conta...
industrial life insurance is also referred to as - Correct Answer debt policy Based upon Optional Uniform Provisions, an insurer would have the right to deny claim payment in all of the following circumstances, except: - Correct Answer misstatement of age on the application Insurable interest ...
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Add to cartindustrial life insurance is also referred to as - Correct Answer debt policy Based upon Optional Uniform Provisions, an insurer would have the right to deny claim payment in all of the following circumstances, except: - Correct Answer misstatement of age on the application Insurable interest ...
Which of the following is NOT an allowable 1035 exchange - Correct Answer A whole life insurance policy is exchanged for a term insurance policy. Which of the following is NOT a type of information that needs to be gathered in order to determine the value of someone's life when using the needs a...
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Add to cartWhich of the following is NOT an allowable 1035 exchange - Correct Answer A whole life insurance policy is exchanged for a term insurance policy. Which of the following is NOT a type of information that needs to be gathered in order to determine the value of someone's life when using the needs a...
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