Alabama Life & Health Insurance ExamFX Chapter 2 Insurance Policies Questions with Correct Answer 2023/2024,Alabama Life & Health Insurance Exam Study Guide for ExamFX Chapter 1 General Insurance 2023/2024,Alabama Life & Health Insurance Exam Study Questions with Complete Solutions Latest 2023,Alab...
[Show more]
what law protects consumers from the circulation of inaccurate or obsolete information? - Correct Answer The Fair Credit Reporting Act Insurers are classified according to their domicile. What are the 3 types of insurers? - Correct Answer domestic, foreign, and alien what type of insurer is a ...
Preview 1 out of 4 pages
Add to cartwhat law protects consumers from the circulation of inaccurate or obsolete information? - Correct Answer The Fair Credit Reporting Act Insurers are classified according to their domicile. What are the 3 types of insurers? - Correct Answer domestic, foreign, and alien what type of insurer is a ...
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 choic...
Preview 3 out of 21 pages
Add to cartWhich 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 choic...
UNIT 1: The term used to describe the individual who is covered by the insurance is A. insurer B. insured C. policyowner D. risk - Correct Answer B Which of the following is a risk? A. A car may need to have new brakes installed after several years of regular driving. B. An individual may n...
Preview 3 out of 20 pages
Add to cartUNIT 1: The term used to describe the individual who is covered by the insurance is A. insurer B. insured C. policyowner D. risk - Correct Answer B Which of the following is a risk? A. A car may need to have new brakes installed after several years of regular driving. B. An individual may n...
Agent/Producer - Correct Answer A person who acts for another person or entity with regard to contractual arrangements with third parties; a legal representative of an insurance company. Agent/Agency Contract - Correct Answer a contract that is held between an insurer and an agent/producer, conta...
Preview 2 out of 11 pages
Add to cartAgent/Producer - Correct Answer A person who acts for another person or entity with regard to contractual arrangements with third parties; a legal representative of an insurance company. Agent/Agency Contract - Correct Answer a contract that is held between an insurer and an agent/producer, conta...
industrial life insurance is also referred to as - Correct Answer debt policy Based upon Optional Uniform Provisions, an insurer would have the right to deny claim payment in all of the following circumstances, except: - Correct Answer misstatement of age on the application Insurable interest ...
Preview 2 out of 13 pages
Add to cartindustrial life insurance is also referred to as - Correct Answer debt policy Based upon Optional Uniform Provisions, an insurer would have the right to deny claim payment in all of the following circumstances, except: - Correct Answer misstatement of age on the application Insurable interest ...
Which of the following is NOT an allowable 1035 exchange - Correct Answer A whole life insurance policy is exchanged for a term insurance policy. Which of the following is NOT a type of information that needs to be gathered in order to determine the value of someone's life when using the needs a...
Preview 2 out of 9 pages
Add to cartWhich of the following is NOT an allowable 1035 exchange - Correct Answer A whole life insurance policy is exchanged for a term insurance policy. Which of the following is NOT a type of information that needs to be gathered in order to determine the value of someone's life when using the needs a...
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 Winfred. Stuvia facilitates payment to the seller.
No, you only buy these notes for $15.49. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
72841 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now