A policy owne - Study guides, Class notes & Summaries

TEST FOR ADJUSTER PRO, FLORIDA STUDY(QUESTIONS AND ANSWERS)A+ GRADED EXAM 2023-2024 - CORRECT ANSWER-Subtract the deductible from covered damages to get indemnification - CORRECT ANSWER-6 unique characteristics of insurance policy 1 Contracts of adhesion (court ez win) 2 Utmost good faith 3 aleatory 4 personal 5 Unilateral (only insurer has obligation) 6 Conditional - CORRECT ANSWER-1945 regulate insurance Naic doesn't give benefits to comissioners 90 day to pay hijacking on...

MARYLAND STATE EXAM LIFE INSURANCE LICENSE PRACTICE | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ In what part of an insurance policy or policy benefits found? Correct Answer: Declarations Twisting Correct Answer: The act of using misrepresentation to induce an insured person to terminate an existing policy and purchase a new policy is referred to as Shirley has $500,000 10-year-old son nonrenewable level term life policy. If she dies 15 years after the policy ince...

Commercial Casualty II – CISR Questions And Answers GRADED A!!! In BAP what does liability section provide protection from claims for? Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? Medical payments personal injury protection uninsured/underinsured motorist bodily in...

Commercial Casualty II – CISR Questions And Answers GRADED A!!! In BAP what does liability section provide protection from claims for? Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? Medical payments personal injury protection uninsured/underinsured motorist bodily in...

Period Certain - Answer- Which annuity payout option allows the policy owner to choose a pre-determined number of benefit payments? Life only annuity - Answer- Which annuity payout option has no additional payouts regardless of when the annuitant dies Errors and Omissions - Answer- a professional liability for which producers can be sued for mistakes of putting a policy into effect irrevocable beneficiary - Answer- requires the beneficiary's signature for any change to the beneficiary ...

Commercial Casualty II – CISR Exam 121 Questions with Answers In BAP what does liability section provide protection from claims for? - CORRECT ANSWER Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? - CORRECT ANSWER provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? - CORRECT ANSWER Medical payments personal injury protecti...

TEST FOR ADJUSTER PRO, FLORIDA STUDY(QUESTIONS AND ANSWERS)A+ GRADED EXAM - CORRECT ANSWER-Subtract the deductible from covered damages to get indemnification - CORRECT ANSWER-6 unique characteristics of insurance policy 1 Contracts of adhesion (court ez win) 2 Utmost good faith 3 aleatory 4 personal 5 Unilateral (only insurer has obligation) 6 Conditional - CORRECT ANSWER-1945 regulate insurance Naic doesn't give benefits to comissioners 90 day to pay hijacking only covere...

XCEL Life and Health Insurance Test Review With All Complete Solutions

Xcel Testing Solutions (Life & Health) Final 150 Question Practice Exam with complete solutions When can a policy owner change a revocable beneficiary? - Answer Anytime M purchased an Accidental Death and Dismemberment (AD&D) policy and named his son as beneficiary. M has the right to change the beneficiary designation at anytime. What type of beneficiary is his son? - Answer Revocable How would a contingent beneficiary receive the policy proceeds in an Accidental Death and Dismembermen...

Helping persons return to their highest physical and mental function is called? A. maintaining independence B. promoting health C. preventing disease D. Rehabilitation Rehabilitation Which provides 24-hour nursing care? A.Board and Care homes B. assisted living residences C.nursing centers D. residential care facilities nursing centers who controls policy in a nursing center? the owner A health care program for terminally ill person is called? Hospice The nursing team includes Nursin...