Reciprocal method - Study guides, Class notes & Summaries
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Massachusetts Life and Health Insurance Exam Already Passed
- Exam (elaborations) • 87 pages • 2024
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Massachusetts Life and Health 
Insurance Exam Already Passed 
 
Insurance Transfer of Risk 
 
Risk Uncertainty/ Possibility of Loss 
 
Exposure Risks for which the insurance company would be liable 
 
Peril Cause of Loss 
 
Hazard Something that causes an increase in the chance of loss 
 
Physical Hazard Hazard that can be seen 
 
Moral Hazard A belief that intentionally causing a loss is acceptable 
 
Morale Hazard Carelessness 
 
STARR Method of handling risk 
 
S- Method of handling risks Sha...
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Discovering Psychology the Science of Mind 1st Edition Test Bank by Cacioppo Freberg (Full Test Bank with All Chapters Complete, 100% Verified Answers)
- Exam (elaborations) • 304 pages • 2023
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Discovering Psychology the Science of Mind 1st Edition Test Bank by Cacioppo Freberg 
Chapter One: The Science of Mind - The Discipline of Psychology 
MULTIPLE CHOICE 
1. Which of the following best describes the mind? 
a. The basis of rational thought c. The embodiment of the soul 
b. The hidden instinctual self d. The brain and its activities 
ANS: D PTS: 1 DIF: Remember REF: What Is Psychology? 
OBJ: LO1 
2. The scientific study of behavior and mental processes is called ____. 
a. introspecti...
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GACE 501 - ECE Test I & II with Complete Solutions
- Exam (elaborations) • 89 pages • 2024
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GACE 501 - ECE Test I & II with 
 
Complete Solutions 
 
Promoting Literary Development the more classroom opportunities a child has for listening, 
speaking, reading, and writing, the more these skills will strengthen 
 
Monitoring Comprehension takes advantage of students' natural ability to recognize when 
they understand the reading and when they do not. 
 
Students will need to learn 
identify exactly the part of the text where the difficulty occurs 
 
identify the specific problem and res...
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Nebraska Life and Health Insurance Exam Questions and Answers Already Passed
- Exam (elaborations) • 17 pages • 2024
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Nebraska Life and Health Insurance 
Exam Questions and Answers Already 
 
Passed 
 
What is Insurance? a contract in which 1 party (insurance company) agrees to indemnify 
(make whole) the insured party against loss, damage, or a liability arising from an unknown 
event. 
 
What is life insurance? a policy that protects survivors from losses suffered after an insured's 
death 
 
What does insurance do? transfers the risk of loss from an individual or business entity to an 
insurance company whi...
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eatrightPREP Practice Test 1 with 1005 correct answers
- Exam (elaborations) • 26 pages • 2024
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What percentage of a food product's ingredients must be organically produced to allow the claim "Made with Organic Ingredients"? correct answers70% 
 
What is the goal when using the Six Sigma quality improvement method? correct answersReduce failure points without spending too much time or money. 
 
The goal of Six Sigma is not to eliminate all failures of quality but rather reduce them until it is no longer cost-effective to pursue any further reduction. 
 
Which of the following situations...
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PRIMERICA LIFE INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS
- Exam (elaborations) • 60 pages • 2024
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An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy? 
 
a. mutual 
b. reciprocal 
c. nonprofit service organization 
d. stock Answer - A. mutual 
 
funds not paid out after paying claims and other operating costs are returned to the policy owners in the form of a dividend. if all funds a...
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Intro to Corrections Exam Questions and Answers 2024/2025 Graded A+.
- Exam (elaborations) • 18 pages • 2024
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Intro to Corrections Exam Questions and Answers 2024/2025 
Graded A+. 
Nearly 3% When all forms of correctional supervision are taken into account, what percent 
of all adults in the United States are under some form of correctional control? 
2.3 Million Counting jails and prisons, approximately how many citizens are incarcerated? 
Feedback Systems learn, grow, and improve according to what? 
Social and Politcal Like all other government services, corrections is constantly confronted 
by...
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Massachusetts Life and Health Insurance Exam Study Guide.
- Exam (elaborations) • 70 pages • 2024
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Massachusetts Life and Health Insurance 
Exam Study Guide. 
Insurance - answerTransfer of Risk 
Risk - answerUncertainty/ Possibility of Loss 
Exposure - answerRisks for which the insurance company would be liable 
Peril - answerCause of Loss 
Hazard - answerSomething that causes an increase in the chance of loss 
Physical Hazard - answerHazard that can be seen 
Moral Hazard - answerA belief that intentionally causing a loss is acceptable 
Morale Hazard - answerCarelessness 
STARR - answerMethod...
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GACE 501 - ECE Test I & II || Questions and 100% Accurate Answers.
- Exam (elaborations) • 37 pages • 2024
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Promoting Literary Development correct answers the more classroom opportunities a child has for listening, speaking, reading, and writing, the more these skills will strengthen 
 
Monitoring Comprehension correct answers takes advantage of students' natural ability to recognize when they understand the reading and when they do not. 
 
Students will need to learn 
identify exactly the part of the text where the difficulty occurs 
 
identify the specific problem and restate the difficult text in...
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AZ Life and Health Insurance Study Guide (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct
- Exam (elaborations) • 104 pages • 2024
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AZ Life and Health Insurance Study Guide (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct 
 
Q: Methods of Handling Risk: 
Avoidance, Retention, Sharing, Reduction, Transfer 
 
 
 
Q: Risk Retention 
 
 
Answer: 
the planned assumption of risk by an insured through the use of deductibles, co-payments, or self-insurance. It is also known as self-insurance when the insured accepts the responsibility for the loss before the insurance company pays. The purpose of retention is ...
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