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NORTH CAROLINA HEALTH INSURANCE EXAM

Alabama Health Insurance Exam with correct Answers

Alabama Health Insurance Exam Questions And Answers 2024

Pure correct answers Insurance is defined as the transfer of ______________ risk to the insurance company in consideration for a premium. Pure Risk correct answers The chance of loss without any chance of gain is called ___________ Speculative Risk correct answers has the possibility for gain or loss and is not insurable. Risk correct answers is defined as the chance of loss. Exposure correct answers A condition that could result in a loss is known as Hazard correct answers is som...

When Linda suffered a broken hip, she notified her agent, in writing, within 12 days of the loss. However, her agent did not notify the insurance company until 60 days after the loss. Which of the following statements correctly explains how this claim would be handled? A. The insurer is considered to be notified since the notification to agent equals notification to the insurer B. The insurer may delay the payment of this claim for up to 6 months C. The insurer may settle this claim for less ...

Arizona Health Insurance Exam Questions and Answers 100% Pass Insurance a contract in which one party (the insurance company) agrees to "make whole" the insured party against loss, damage or liability arising from an unlikely event In ___________ insurance, the policy protects survivors from losses suffered after the insured's death Life Insurance __________ the risk of loss from an individual or business to an insurance company Transfers Risk the uncertainty or chance of a loss occurring ...

Florida Health Insurance 2-40 Practice Exam Questions And Answers With Verified Solutions Which of the following laws requires an insurer to notify an applicant in writing that an investigative consumer report may be made on the applicant? -Uniform Provisions Law. -Freedom of Information Act. -Medical Information Bureau Disclosure Act -Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) ...

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