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WEBCE EXAM PREP WITH VERIFIED SOLUTIONS. $13.99   Add to cart

Exam (elaborations)

WEBCE EXAM PREP WITH VERIFIED SOLUTIONS.

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  • WEBCE
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  • WEBCE

WEBCE EXAM PREP WITH VERIFIED SOLUTIONS.

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  • September 24, 2024
  • 10
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • WEBCE
  • WEBCE
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HIGRADES
WEBCE EXAM PREP WITH VERIFIED
SOLUTIONS




Physical bHazard b- bcorrect banswer-While bcompleting ban bapplication bfor ba bhealth
binsurance bpolicy, bDan bdiscloses bhis bpartial bblindness. bThe binsurer bwill btreat bhis
bblindness bas ba:


apperant b- bcorrect banswer-ABC binsurance bcompany bfires bRenee, ba bproducer.
bShe bcontinues bto binterviews bprospects, bmake bsale bpresentations bwith bcompany
bmaterials, band bcollect bpremiums. bWhen bdealing bwith bRenee, bthe bprospects
bbelieve bthat bshe bhas bwhat bkind bof bauthority bfrom bABC


Insurer band bpolicyowner b- bcorrect banswer-Which btwo bparties bform ba bcontract
bfor blife binsurance


The bcompany bmay bbe bliable bfor bmarks bactions b- bcorrect banswer-Mark
bknowingly bexceeds bhis bactual bauthority bwhen bdealing bwith ba bclient. bHis bactions
bcause ba bloss bto bthe binsurance bcompany bhe brepresents. bWhich bstatement bis
bcorrect.


Financial bIndustry bRegulatory bAuthority b(FINRA) b- bcorrect banswer-Life band
bhealth binsurance bcompanies bregulate bthemselves bthrough beach bof bthe
bfollowing bentities bor borganizations bEXCEPT:


Non-admitted bInsurer b- bcorrect banswer-An bagent bwho bsells binsurance bfor ban
binsurance bcompany bthat bdoes bnot bhave ba bcertificate bof bauthority bto boperate bin
bthe bstate brepresents:


John btakes bmedication bto bcontrol bhigh bblood bpressure b- bcorrect banswer-Which
bis bnot ban bexample bof ba bhazard

, A bperson bunder bthe binfluence bof balcohol b- bcorrect banswer-Which bperson bwould
bnot bbe bconsidered bcompetent bto benter binto ban binsurance bcontract


A. bFailing bto bmeet bprojected bsales bgoals b- bcorrect banswer-The bInsurance
bCommissioner bcannot bsuspend bor brevoke ban bagent's blicense bfor bwhich bof bthe
bfollowing breasons?
A. bFailing bto bmeet bprojected bsales bgoals
B. bHaving ban bagent's blicense bdenied bor bsuspended bin banother bstate
C. bForging ban bindividual's bname bon ban binsurance bapplication
D. bAccepting binsurance bfrom ban bunlicensed bindividual

imprisonment b- bcorrect banswer-Which bof bthe bfollowing bis bnot ba bremedy
bavailable bto bthe bPennsylvania bcommissioner bof binsurance bfor bcommitting ban
bunfair bmethod bof bcompetition


Imprisonment bfor bup bto b25 byears b- bcorrect banswer-Persons bwho bcommit bcrimes
bof bdishonesty bwhile bengaged bin binterstate binsurance btransactions bcan bbe
bsentenced bto ball bof bthe bfollowing bexcept


When bthe bapplication bis btaken b- bcorrect banswer-If ba bperson bbuys ba bnew blife
binsurance bpolicy bto breplace ban bexisting bone, bthe bproducer bmust bgive bthe
bapplicant bthe bNotice bRegarding bReplacement bform bno blater bthan bwhen?


A bfine bof bup bto b$100 bper bday bviolation b- bcorrect banswer-Agent bJill breceived ba
bletter bfrom bthe bdepartment bof binsurance basking bher bto bsubmit bverification bof
bhaving bcompleted bthe bcontinuing beducation brequirements bfor bthe bprevious
blicensing bperiod. bThree bweeks blater, bthe bdepartment bsent banother bletter. bWhich
bpenalty bmay bthe bdepartment bimpose bif bJill bstill bhas bnot bresponded bto bits
brequest bone bmonth blater?


failing bto bpromptly bsettle ba bclaim bfor bwhich bliability bis buncertain b- bcorrect
banswer-Which bof bthe bfollowing bis bnot ban bunfair bclaims bsettlement bpractice bif
bcommitted bby ban binsurance bcompany bin bPennsylvania?


12 bmonths b- bcorrect banswer-An binsurer bmust bnotify bits bcurrent bcustomers bof bits
bprivacy bpolicies bor bpractices bat bleast bonce bevery bhow boften?


File ba bnotice bof bappointment bwith bthe bdepartment b- bcorrect banswer-Acme
binsurance bcompany bwants bto bemploy bAnthony bas ba bproducer. bTo bdo bso, bwhat
baction bmust bacme btake?


Twisting b- bcorrect banswer-When bcomparing bher binsurance bcompany's bpolicies
bto bthose bof bZenith binsurance, bMelanie bmakes ba bmisleading bstatement bto
bconvince ban binsurance bprospect bto bterminate ba bpolicy bwith bZenith band bbuy
bone bfrom bMelanie's bcompany. bWhat bpractice bhas bMelanie bengaged bin?


Fiduciary bCapacity b- bcorrect banswer-When bholding binsurance bpremiums band
bother bfunds, bagents bmust bact bin bwhat brole?

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