Rhode Island Exam Bundle| All Exam Questions with Correct Answers | Latest Update Graded A+ |Certified Quality

Which of the following phrases BEST defines a hazard? A. The uncertainty of a loss B. The cause of a loss C. An unexpected loss D. A condition that increases the chance of a loss D A family takes their 50-horsepower outboard motor boat to the lake on a trailer towed behind their personal auto...

How many days does the insurer have to send out forms when notified of accident? ten days At what time is the policy effective? 12:01 am What are the financial responsibility limits in Rhode Island? 25/50/25 By virtue of payment, the insurance company assumes the rights of the insured to pursue...

What is the greatest hazard for a driver? alcohol The legal drinking age in Rhode Island is? 21 Drunk Drivers cause more than: 1/2 of the collisions in which someone is killed How many people die each year in alcohol related collisions in the USA? more than 25,000 If you refuse to take a chemica...

Real estate recovery act Dept of business regulation establishes this account Covers anyone aggrieved by an act, misrepresentation, transaction or conduct of a licensed real estate broker upon the grounds of fraud, misrepresentation or deceit may recover no more than 50000 per one license Ca...

the role of insurance is to transfer the risk of financial loss from an individual or business to an insurance company 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-...

Commercial licensing regulation Promote the general welfare of the citizens of Rhode Island so that the public interest most effectively be served Clock hour at least fifty minutes of classroom instruction Promptly shall mean not more than 10 calendar days Principal broker 1. act in supervisory...

Pre- Driving Habits 1. Adujust the seat 2. Adjust the inside and outside mirrors 3. Adjust the venitlation 4. Lock doors 5. Fasten and adjust your sesatbelt 6. Ask passengers to fasten their seatbelts 7. Check in front and behind the car for objects, animals, or persons in your path 8. Clear y...

Recovery A process of change through which individuals improve their health and wellness, live a self-directed life, and strive to reach their full potential. SAMSHA Substance Abuse and Mental Health Service Administration Personal Recovery What people experience themselves as they become empowe...

Who revokes an adjusters license in Rhode Island? Insurance Commissioner While driving a rental car the insured wrecks it. Where is payment made under? Part AProperty Damage UMPD has what deductible? $200 UMPD deductible is not applied if you are struck where? Rear of the car State minimums...

Deed of Trust Loan Deed wherein legal title in real property is transferred to a trustee, which holds it as security for a loan Factors influencing real estate supply - Labor force availability - Construction and material costs - Government controls - Govt. financial policies Factors influenc...

All employers who apply for approval to self insure shall pay an application fee based on what? The number of employees What is the application fee for a company with 1000 or more employees? $500.00 If an employer is approved to self insure from the director, what happens to the application fee?...