Alabama BUNDLED Exams questions and 100% correct answers

After passing state exam, you have ___ days to apply for a Temporary License, either on an Active or Inactive basis. - correct answer 90 Temporary Licenses are only valid for ___ year(s), and cannot be renewed. - correct answer 1 For an Original License, you must pass a ___ hour post-license...

Which of the following would be considered a speculative risk? - correct answer The possibility the painting you bought might be a long-lost masterpiece A speculative risk is one in which there is a chance for either loss or gain. Example: Gambling, Casino's, Lottery, etc. All of the other choi...

1.How should a vessel's registration number and validation decal be displayed? - correct answer On both sides of bow of boat 2.What is most important when selecting the right pfd for a passenger? - correct answer passenger Body weight and chest size 3.What important safety information is fo...

Which clause allows the insured to change an existing policy to any other policy of any type as long as the new policy has a higher premium, without any proof of insurability? - correct answer Privilege of change clause The extended term nonforfeiture option provides: - correct answer Paid-up t...

1. describe all four services in writing 2. tell the consumer which services the firm offers 3. allow a consumer to make a choice - correct answer A brokerage firms does not have to offer all four (single agent, sub-agent, limited consensual dual agent, and transaction broker) services however ...

In Alabama, all health maintenance organizations must: - correct answer Have a complaint system to resolve written complaints from enrollees. An insurance producer who offers a potential client something of value as an incentive to purchase insurance is engaging in: - correct answer Rebating ...