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NEBRASKA LIFE AND HEALTH INSURANCE TESTS COMPILATION BUNDLE
NEBRASKA LIFE AND HEALTH INSURANCE TESTS COMPILATION BUNDLE
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NE State insurance exam (Practice questions for the NE state life and health test.) With Complete Solutions
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All of the following influence the premiums charged for life insurance policies, Except? A. Mortality B. Agent Commissions C. Investment Return D. Insurance comissioner correct answer: Insurance Commissioner Spreads the risk of loss from one person to a large number of people through the poo...
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Add to cartAll of the following influence the premiums charged for life insurance policies, Except? A. Mortality B. Agent Commissions C. Investment Return D. Insurance comissioner correct answer: Insurance Commissioner Spreads the risk of loss from one person to a large number of people through the poo...
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Nebraska State Life and Health Insurance Exam Terms
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Adverse Selection correct answer: Insuring of risks more prone to loss than the average Agent/Producer correct answer: legal representative of an insurance company Applicant/Proposed insured correct answer: a person applying for insurance Hazard correct answer: Conditions that increase ...
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Add to cartAdverse Selection correct answer: Insuring of risks more prone to loss than the average Agent/Producer correct answer: legal representative of an insurance company Applicant/Proposed insured correct answer: a person applying for insurance Hazard correct answer: Conditions that increase ...
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Nebraska Life and Health License Exam Questions With Complete Solutions
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Before delivering a health insurance policy to a client, the producer alters the insuring clause in a way that he believes will benefit the insurance company. Which of the following statements is true about this alteration? correct answer: It is prohibited by the entire contract provision Which ...
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Add to cartBefore delivering a health insurance policy to a client, the producer alters the insuring clause in a way that he believes will benefit the insurance company. Which of the following statements is true about this alteration? correct answer: It is prohibited by the entire contract provision Which ...
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Nebraska Life and Health Insurance Exam Questions With Complete Solutions
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Nebraska Life and Health Insurance Exam Questions With Complete Solutions
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Add to cartNebraska Life and Health Insurance Exam Questions With Complete Solutions
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Nebraska Health and Life Insurance Exam Questions And Answers
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Insurance Agreement correct answer: Contract made between insurance company and individual Risk Pooling correct answer: Combines similar losses from many people to average loss over the group Law of Large Numbers correct answer: The larger the group, the easier it is to predict loss Actu...
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Add to cartInsurance Agreement correct answer: Contract made between insurance company and individual Risk Pooling correct answer: Combines similar losses from many people to average loss over the group Law of Large Numbers correct answer: The larger the group, the easier it is to predict loss Actu...
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