Insurance Law

Champions School Of Real Estate – FINANCE Exam || Complete Questions & Answers (Graded A+) The process of evaluating a borrower's loan application to determine the risk involved for the lender - ANSWER -Underwriting When was the FHA created? - ANSWER -1934 Who funds the FHA? - ANSWER -The FHA funds itself How long is the lifespan of a $20 bill? - ANSWER -7.9 years What is the "prime rate?" - ANSWER -The interest rate that is determined by individual banks Who provides VA h...

CHAMPIONS PROMULGATED CONTRACT FORMS TEST QUESTIONS AND ANSWERS 2025 Unimproved Property Contract - ANSWER -Used for the sale of properties with no existing structure. This contract has no improvements, or accessories. No seller disclosure. Farm and Ranch Contract - ANSWER -A TREC promulgated contract for use where the land being sold is greater than 10 acres and includes land, improvements, accessories and crops. Contains provisions for surface leases related to a property The part...

What is rule #1 for Montana notaries public? A. If the document doesn't have a full notarial certificate, including the venue, the statement of particulars, and the notary's official signature and stamp it hasn't been notarized. B. The person who is signing the document must personally appear to the notary at the time of the notarization every single time. C. If you don't know what you're doing - don't do it! - B. The person who is signing the document must personally appear...

Pharmaceuticals are arguably the most socially important healthcare product - true Pharmaceutical deveoplment is a big-risk undertaking, in which many promising leads prove disappointing - true Pharmaceutical sales are highest in which geographical regions - The U.S., Western Europe, and Japan The U.S. accounts for about ____ of the world's pharmaceutical revenues - 50% Which off the following has fueled recent growth in the pharmaceutical industry - population growth and increased life e...

Which type of insurer may pay dividends to policyholders? - Answer Mutual You must be licensed to sell all of the following EXCEPT: - Answer Travel accident To obtain a Colorado producer's license as a nonresident, you must: - Answer Have a similar license in your home state You need an insurance license to sell all EXCEPT: - Answer Prepaid Legal If, after a hearing, the Commissioner finds that an insurer willfully violated insurance law, he may impose a maximum total ...

Texas Life & Health Insurance State Laws Exam Latest 2025 Questions and Answers (2025 / 2026) (Verified Answers)

the role of insurance is to Ans: transfer the risk of financial loss from an individual or business to an insurance company Quiz: organized and incorporated under state law owned by stockholders who get a paid share of the company's profit through dividends. also referred to as a nonparticipating or non-par bc policy holder do not participate in paid dividends Ans: stock insurance company Quiz: organized and incorporated under state law. but they have no stockholders. instead, t...

ATI - Community Health (Retake) Questions and Solutions a nurse who is facilitating a support group in a community center notices that one member of the group expresses anger repeatedly. which of the following strategies should the nurse use to facilitate the group process with this member? A. remind the group that everyone should have a chance to participate D. divide the group into pairs and give each pair a topic for discussion C. give the member extra time to compose her thought before ...

Community Health Nursing Chapter 1 Questions with correct answers One of the primary focuses of improving the health of the American people in the twenty-first century is to address: a.Bioterrorism and global health threats b.Delivery of individual care and hygiene c.The need for increased hospital and acute care d.Chronic disease and disability management a. Bioterrorism and global health threats The public health nurse must participate in the essential services of public health. T...

The stated amount or percent of liquid assets that an insurer must have on hand that will satisfy future obligations to its policyholders is called: Ans: Reserves Quiz: An insurance applicant MUST be informed of an investigation regarding his/her reputation and character according to the: Ans: Fair Credit Reporting Act Quiz: A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: Ans: A fraternal benefit society ...