NEW YORK ACCIDENT & HEALTH INSURANCE FINAL EXAM BUNDLE (COMPLETE PACKAGE DEAL)QUESTIONS AND ANSWERS 100% CORRECTNEW YORK ACCIDENT & HEALTH INSURANCE FINAL EXAM BUNDLE (COMPLETE PACKAGE DEAL)QUESTIONS AND ANSWERS 100% CORRECTNEW YORK ACCIDENT & HEALTH INSURANCE FINAL EXAM BUNDLE (COMPLETE PACKAGE DE...
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The premiums paid by an employer for his employee's group life insurance are usually considered to be - ANSWER tax-deductible to the employer A family group accident and health insurance policy must continue coverage for each unmarried child at least until age - ANSWER 19 A life insurance b...
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Add to cartThe premiums paid by an employer for his employee's group life insurance are usually considered to be - ANSWER tax-deductible to the employer A family group accident and health insurance policy must continue coverage for each unmarried child at least until age - ANSWER 19 A life insurance b...
According to the Affordable Care Act, any plan in existence prior to which date is considered a grandfathered plan? - ANSWER March 23, 2010 A domestic insurance company in NY must - ANSWER formed under the laws of New York What types of life insurance are normally used for key employee indemni...
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Add to cartAccording to the Affordable Care Act, any plan in existence prior to which date is considered a grandfathered plan? - ANSWER March 23, 2010 A domestic insurance company in NY must - ANSWER formed under the laws of New York What types of life insurance are normally used for key employee indemni...
What is the definition of a peril? - ANSWER A peril is the cause of a possible loss. What is adverse selection? - ANSWER the tendency of persons with a higher-than-average probability of loss to purchase and maintain more insurance than risks who present lower probability. Name 5 Methods of ha...
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Add to cartWhat is the definition of a peril? - ANSWER A peril is the cause of a possible loss. What is adverse selection? - ANSWER the tendency of persons with a higher-than-average probability of loss to purchase and maintain more insurance than risks who present lower probability. Name 5 Methods of ha...
License Term for Agent - ANSWER 2 years; can be suspended or revoked by superintendent, terminated by insurer, fails to file a renewal application, it can be terminated; Must be able to be furnished on request, the head agent must display in the office; if no certificate of appointment is filed, th...
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Add to cartLicense Term for Agent - ANSWER 2 years; can be suspended or revoked by superintendent, terminated by insurer, fails to file a renewal application, it can be terminated; Must be able to be furnished on request, the head agent must display in the office; if no certificate of appointment is filed, th...
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