Exam (elaborations)
Casualty Producer NJ questions and answers already graded A+ 2024/2025
- Course
- Institution
Casualty Producer NJ questions and answers already graded A+ 2024/2025
[Show more]
Content preview
Casualty Producer NJPowers and duties of Commissioner - ANSConduct research
Make reasonable regulations and regulations
Issue orders and notices
Issue coverage licenses and certificate of authority
Impose consequences
Approve coverage policy forms and costs
Amount of days word before listening to - ANS10
Retrocession - ANSWhen a reinsurer transfers risks it has prevalent to another insurer
Producers can be - ANSAgents, brokers or each
Insurance agent - ANSa certified coverage producer who's appointed by way of an insurer to
promote coverage. An agent represents the insurer no longer the insured
Insurance dealer - ANSa certified coverage manufacturer who negotiates coverage on behalf of
insureds or coverage proprietors, no longer on behalf of an insurer or agent. Brokers represent
their customers, not the insurer or agent
Insurance representative - ANSa character who, for a fee, acts or holds himself out to the
general public or any licensee as offering any recommendation, counsel, opinion, or provider
with respect to the blessings, blessings, or hazards underneath any coverage issued on this
country
Insurance related behavior - ANSSoliciting, negotiating or binding policies of coverage
All communications with insureds regarding any term or condition of coverage insurance
Office management guidelines affecting insureds
Processing claims
Transmitting finances between insureds, produces, top class finance organizations, and
insurance organizations
Producer license necessities - ANS18 years vintage
Have no devoted any act this is floor for denial, suspension or revocation of a license
Complete the pre-licensing training requirement
Complete the application and pay the rate
Pass the licensing tests for the lines of authority for which the individual has applied
Business entity manufacturer application need to encompass - ANS-Business entity prison
name and addresses
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Ashley96. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for $11.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
64670 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 15 years now
Recently viewed by you
Exam (elaborations) ·
US HISTORY 101: Module 6 Quiz. Questions and Answers. {All 100 % Correct}
Exam (elaborations) ·
NURS 6635 Final Exam Questions and Answers (20242025) (Verified Answers)
Exam (elaborations) ·
ATI TEAS EXAM 7 Science 2023 | 100% Correct Answers | Updated & Verified
Exam (elaborations) ·
HIM 2214 MODULE 6 FINAL EXAM (2020):LATEST 2021 | RASMUSSEN COLLEGE
Exam (elaborations) ·
NCLEX/RN COMPREHENSIVE QUESTIONS AND ANSWERS 100% ACCURACY|UPDATED 2024
Exam (elaborations) ·
HESI A2 ANATOMY 2023 VERIFIED QUESTIONS AND ANSWERS ALREADY PASSED A+
Package deal ·
BUNDLE: NAPRx/CNPR Exam Questions & Answers, Latest Update 100% Rated
Exam (elaborations) ·
Sophia US History 1 Final Milestone Questions and Answers,100% CORRECT
