Bundle for Florida Life and Health Insurance tests compilation | Questions and Answers verified | 2023 Guaranteed pass
[Show more]
The clause identifying which losses resulting from an accident or sickness are insured by the policy is called the: - Insuring clause K applies for a life insurance policy on herself and submits the initial premium with the application. She is given a receipt by the agent stating that coverage be...
Preview 2 out of 15 pages
Add to cartThe clause identifying which losses resulting from an accident or sickness are insured by the policy is called the: - Insuring clause K applies for a life insurance policy on herself and submits the initial premium with the application. She is given a receipt by the agent stating that coverage be...
Risk - the chance of financial loss Risk is NOT the loss itself, but the _________ of loss. - CHANCE Policy - a written contract for effecting insurance and includes Clauses, Riders, endorsements, and papers which are part of the contract Insurance - a contract where one undertakes to indemnify ...
Preview 2 out of 12 pages
Add to cartRisk - the chance of financial loss Risk is NOT the loss itself, but the _________ of loss. - CHANCE Policy - a written contract for effecting insurance and includes Clauses, Riders, endorsements, and papers which are part of the contract Insurance - a contract where one undertakes to indemnify ...
Accident - An unplanned, unforeseen event which occurs suddenly and at an unspecified place Accident Insurance - A type of insurance that protects the insured against loss due to accidental bodily injury Accidental Bodily Injury - Unplanned, unforeseen traumatic injury to the body Accidental Dea...
Preview 2 out of 11 pages
Add to cartAccident - An unplanned, unforeseen event which occurs suddenly and at an unspecified place Accident Insurance - A type of insurance that protects the insured against loss due to accidental bodily injury Accidental Bodily Injury - Unplanned, unforeseen traumatic injury to the body Accidental Dea...
Accumulation units are converted into annuity units: - at the time of annuity payout. A group life insurance plan in which the employer pays the entire premium is known as a ________________ plan. - noncontributory If a disabled worker covered under Social Security disability benefits recovers an...
Preview 2 out of 14 pages
Add to cartAccumulation units are converted into annuity units: - at the time of annuity payout. A group life insurance plan in which the employer pays the entire premium is known as a ________________ plan. - noncontributory If a disabled worker covered under Social Security disability benefits recovers an...
Accumulation units are converted into annuity units: - at the time of annuity payout. A group life insurance plan in which the employer pays the entire premium is known as a ________________ plan. - noncontributory If a disabled worker covered under Social Security disability benefits recovers an...
Preview 1 out of 1 pages
Add to cartAccumulation units are converted into annuity units: - at the time of annuity payout. A group life insurance plan in which the employer pays the entire premium is known as a ________________ plan. - noncontributory If a disabled worker covered under Social Security disability benefits recovers an...
Insured - The person covered by the insurance policy. Rider - A written modification attached to a policy that increases or decreases coverage and/or premiums. What is a unilateral contract? - A contract in which only one of the parties is legally bound to fulfill its obligations. What law prot...
Preview 3 out of 21 pages
Add to cartInsured - The person covered by the insurance policy. Rider - A written modification attached to a policy that increases or decreases coverage and/or premiums. What is a unilateral contract? - A contract in which only one of the parties is legally bound to fulfill its obligations. What law prot...
Insured - The person covered by the insurance policy. Rider - A written modification attached to a policy that increases or decreases coverage and/or premiums. What is a unilateral contract? - A contract in which only one of the parties is legally bound to fulfill its obligations. What law prot...
Preview 1 out of 1 pages
Add to cartInsured - The person covered by the insurance policy. Rider - A written modification attached to a policy that increases or decreases coverage and/or premiums. What is a unilateral contract? - A contract in which only one of the parties is legally bound to fulfill its obligations. What law prot...
1x sold
Which of the following laws requires an insurer to notify an applicant in writing that an investigative consumer report may be made on the applicant? -Uniform Provisions Law. -Freedom of Information Act. -Medical Information Bureau Disclosure Act -Fair Credit Reporting Act (Insurance Informatio...
Preview 2 out of 15 pages
Add to cartWhich of the following laws requires an insurer to notify an applicant in writing that an investigative consumer report may be made on the applicant? -Uniform Provisions Law. -Freedom of Information Act. -Medical Information Bureau Disclosure Act -Fair Credit Reporting Act (Insurance Informatio...
5x sold
Which type of insurance protects an agent and even pays claims if a lawsuit is brought against the agent as a result of failing to provide a service to a client? - Errors and Omissions Insurance Which of the following terms is known as the voluntary relinquishment of a given right or privilege? - ...
Preview 3 out of 17 pages
Add to cartWhich type of insurance protects an agent and even pays claims if a lawsuit is brought against the agent as a result of failing to provide a service to a client? - Errors and Omissions Insurance Which of the following terms is known as the voluntary relinquishment of a given right or privilege? - ...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
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.
Stuvia is a marketplace, so you are not buying this document from us, but from seller PatrickKaylian. Stuvia facilitates payment to the seller.
No, you only buy these notes for CA$39.59. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
85169 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now