Exam (elaborations)
WISE test review questions well answered(latest update)
- Course
- Institution
WISE test review questions well answered(latest update)
[Show more]
Content preview
WISE test reviewbeneficiary - correct answer ✔✔a person entitled to benefits or proceeds of an insurance policy or will
cash value - correct answer ✔✔the amount of money a whole life policyholder would receive if the
policy were surrendered before death or maturity
claim - correct answer ✔✔formal request for payment, sent to the insurance company, to cover a loss
death benefit - correct answer ✔✔the actual amount paid to a beneficiary under a life insurance policy
deductible - correct answer ✔✔the amount an insured person must pay before the insurance company
pays on a claim
disability insurance - correct answer ✔✔a type of insurance paid to an individual if he/she is injured and
is unable to work for a specified length of time
floater - correct answer ✔✔a policy designed to cover property that floats, or moves, from location to
location
homeowners insurance - correct answer ✔✔coverage that provides protection for you residence and its
associated financial risks
insurance - correct answer ✔✔protection against financial loss
shared risk - correct answer ✔✔the cost of consequences of a risk is distributed among many
renters insurance - correct answer ✔✔a type of insurance that cover the loss of a tenant's personal
property as a result of damage or theft
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
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!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
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.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BravelRadon. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
78252 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now