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Personal Lines Oklahoma Insurance Test (Regulations) Questions And Answers With Verified Solutions Already Passed!!! $12.49   Add to cart
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Personal Lines Oklahoma Insurance Test (Regulations) Questions And Answers With Verified Solutions Already Passed!!!
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Personal Lines Oklahoma Insurance Test (Regulations) Questions And Answers With Verified Solutions Already Passed!!!

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  • October 2, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • Personal lines
  • Personal lines

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Personal Lines Oklahoma Insurance Test
(Regulations) Questions And Answers
With Verified Solutions Already
Passed!!!
Actuary - ANSWERS✔✔Mathematician employed by the insurer who develops
rates for the insurer.


Underwriter is also known as? - ANSWERS✔✔Home Office Underwriter


What 3 things does an underwriter do? - ANSWERS✔✔1. Gathers Information
2. Analyzes Exposures
3. Selects Risks for Insurer


Exposures are also known as? - ANSWERS✔✔determining risks


Producer is also known as? - ANSWERS✔✔Agent, field underwriter, or agent
underwriter


What is a producer? - ANSWERS✔✔A person required to be licensed t solicit,
negotiate, sell or service (practice) insurance on behalf of the insurer (me)


What can a producer do? - ANSWERS✔✔License, solicit, negotiate, sell and
service


What does an adjuster do? - ANSWERS✔✔investigates claims, adjusts losses, and
negotiates claim settlements for the insurer.

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