Accident and sickness - Study guides, Class notes & Summaries

GA LIFE ACCIDENT AND SICKNESS EXAM QUESTIONS AND ANSWERS At what point must a life insurance applicant be informed of their right that fall under the fair credit reporting act? - Correct Answer ️️ -Upon the completion of the application A Group owned insurance company that is formed to assume and spread the liability risks of its members is known as a: - Correct Answer ️️ -Risk retention group Who elects the governing body of a mutual insurance company - Correct Answer ️️ - Po...

accidental death is also known as... - double, ,multiple, or triple indemnity 90 days Are dividends a return of an overcharge of premiums or a gain? - Not a profit but a return of excess premiums. policyowners pays a somewhat higher "gross" prmium and is entitled to policy dividends as declared by insurers. absolute assignment - transfers all incidents of ownership Why does whole life represent permanent ins? why ask why - Whole life is level premium, fixed amount policy which offers co...

LIFE ACCIDENT and SICKNESS GA EXAM QUESTIONS AND ANSWERS 100% PASS What is the maximum yearly contribution can an individual make into an IRA? An HR- 10? - Correct Answer ️️ -2,000 or 100% of earned income, whichever is less; 100% of earned income up to $41,000 which is broader? acc bodily injury or accidental means? - Correct Answer ️️ - accidental bodily injury Who manages a reciprocal? - Correct Answer ️️ -attorney in fact Reserves are defined as... - Correct Answer ️️...

GA LIFE ACCIDENT AND SICKNESS EXAM QUESTIONS AND ANSWERS At what point must a life insurance applicant be informed of their right that fall under the fair credit reporting act? - Correct Answer ️️ -Upon the completion of the application A Group owned insurance company that is formed to assume and spread the liability risks of its members is known as a: - Correct Answer ️️ -Risk retention group Who elects the governing body of a mutual insurance company - Correct Answer ️️ - Po...

What is the maximum yearly contribution can an individual make into an IRA? An HR-10? - Answer- 2,000 or 100% of earned income, whichever is less; 100% of earned income up to $41,000 which is broader? acc bodily injury or accidental means? - Answer-accidental bodily injury Who manages a reciprocal? - Answer-attorney in fact Reserves are defined as... - Answer-the accounting measurements of an insurer's liabilities to its policy holders No COA required if agent - Answer-Places less than 12...

All Practice Exam Questions - Life, Accident and Sickness - GA State License Exam Questions and Answers How much participation does a Noncontributory plan require? - Correct Answer ️️ - 100% The insured hands control of the policy to another person (usually the agent) - Correct Answer ️️ -constructive delivery Filing a request with the insurer - Recording Method, or by endorsement - Correct Answer ️️ -beneficiary change can be made by doing what? The application is part of t...

The West Virginia Insurance Commissioner attains office in which of the following ways? - Gubernatorial appointment (Governor of WV) An offer of life insurance by an insurance company in West Virginia to individuals who are personally invited to apply on the basis of the offer is known as what type of solicitation? - Direct response When a producer is soliciting a client to effect a contract of insurance, the producer is engaged in - transacting insurance Courses are approvedfor continu...

All Practice Exam Questions - Life, Accident and Sickness - GA State License Exam Questions and Answers How much participation does a Noncontributory plan require? - Correct Answer ️️ - 100% The insured hands control of the policy to another person (usually the agent) - Correct Answer ️️ -constructive delivery Filing a request with the insurer - Recording Method, or by endorsement - Correct Answer ️️ -beneficiary change can be made by doing what? The application is part of t...

All Practice Exam Questions - Life, Accident and Sickness - GA State License with 100% Correct Solutions 100% - Correct Answer ️️ -How much participation does a Noncontributory plan require? constructive delivery - Correct Answer ️️ -The insured hands control of the policy to another person (usually the agent) beneficiary change can be made by doing what? - Correct Answer ️️ -Filing a request with the insurer - Recording Method, or by endorsement Entire Contract Provision - C...

Industrial Hygiene Science and art devoted to the anticipation, recognition, evaluation, prevention, and control of those environmental factors or stresses arising in or from the workplace which may cause sickness,, impaired health and well being, or significant discomfort among workers or among citizens of the community. Occupational Health and Safety Same definition as "industrial hygiene" ; Science and art devoted to the anticipation, recognition, evaluation, prevention, and contr...