Actuarial department Study guides, Class notes & Summaries
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Webce Life and Health
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Webce Life and HealthRepresentations and Warranties - answer-Representations are statements the 
applicant makes on an application that are deemed to be true to the applicant's 
best knowledge. Warranties are statements the insurer makes in the contract. 
Underwriting vs. Actuarial Departments - answer-Two related insurance company 
functions. Through the process of _________, applications are assessed for 
insurability and to assign premium rates. The ________ department analyzes 
data to help...
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Webce Life and Health questions with answers graded A+
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Webce Life and HealthRepresentations and Warranties - correct answer Representations are statements the applicant makes on an application that are deemed to be true to the applicant's best knowledge. Warranties are statements the insurer makes in the contract. 
 
Underwriting vs. Actuarial Departments - correct answer Two related insurance company functions. Through the process of _________, applications are assessed for insurability and to assign premium rates. The ________ department analyzes...
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Webce Life and Health exam 2024 with 100% correct answers
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Representations and Warranties correct answersRepresentations are statements the applicant makes on an application that are deemed to be true to the applicant's best knowledge. Warranties are statements the insurer makes in the contract. 
 
Underwriting vs. Actuarial Departments correct answersTwo related insurance company functions. Through the process of _________, applications are assessed for insurability and to assign premium rates. The ________ department analyzes data to help estimate fu...
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Life & Health Insurance Exam With Complete Solutions Graded A+
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Life & Health Insurance Exam With Complete Solutions Graded A+ 
Actuarial Department 
calculates policy rates, reserves, and dividends 
 
 
Alien Insurer 
is an insurer whose principal office and domiciled location is outside US 
 
 
Admitted Insurer 
an admitted or authorized insurer is an insurer who has received a certification of authority from a state's department of insurance authorizing them to conduct insurance business in that state 
 
 
broker 
a broker represents themselves and the i...
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Webce Life and Health Questions With 100% Correct Answers.
- Exam (elaborations) • 51 pages • 2023
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Representations and Warranties - Representations are statements the applicant makes on an 
application that are deemed to be true to the applicant's best knowledge. Warranties are statements 
the insurer makes in the contract. 
Underwriting vs. Actuarial Departments - Two related insurance company functions. Through the 
process of _________, applications are assessed for insurability and to assign premium rates. The 
________ department analyzes data to help estimate future losses and to produ...
![Florida Life and Health Insurance Practice Questions with Certified Solutions](/docpics/4266733/65a97a6d67f2d_4266733_121_171.jpeg)
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Florida Life and Health Insurance Practice Questions with Certified Solutions
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Florida Life and Health Insurance Practice Questions with Certified Solutions 
Within how many days must a licensee notify the Department of Financial Services of a change in address? 30 
All of the following entries are classified under the four principal areas of Florida insurance law EXCEPT... An agent's commission 
Which of the following factors is NOT considered when the Department of Financial Services determines if an agent's home is an insurance agency? The amount of premium collected ...
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WEBCE Life And Health UPDATED Test Questions And CORRECT Answers
- Exam (elaborations) • 50 pages • 2024
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Representations and Warranties Representations are statements the applicant makes on 
an application that are deemed to be true to the applicant's best knowledge. Warranties are 
statements the insurer makes in the contract. 
Underwriting vs. Actuarial Departments Two related insurance company functions. 
Through the process of _________, applications are assessed for insurability and to assign 
premium rates. The ________ department analyzes data to help estimate future losses and to 
pro...
![FLORIDA 2-20 EXAM | 837 TEST BANK ACTUAL QUESTIONS AND ANSWERS 100% CORRECT | LATEST UPDATE 2024 {WELL ILLUSTRATED}](/docpics/4609998/65dd9442ada00_4609998_121_171.jpeg)
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FLORIDA 2-20 EXAM | 837 TEST BANK ACTUAL QUESTIONS AND ANSWERS 100% CORRECT | LATEST UPDATE 2024 {WELL ILLUSTRATED}
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FLORIDA 2-20 EXAM | 837 TEST BANK ACTUAL QUESTIONS AND ANSWERS 100% CORRECT | LATEST UPDATE 2024 {WELL ILLUSTRATED} 
1.If someone would suffer economic loss from damage to their property, they have: 
A: a subrogation right 
B: a proximate cause 
C: an insurable interest 
D: a contingent claim 
C: an insurable interest 
 
 
 
2. A convenience used to provide temporary insurance is called: 
A - Insurance 
B - binder 
C- property coverage 
D- liability coverage 
B - binder 
 
 
 
3. The failure of ...
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Webce Life and Health Accurate 100%
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Representations and Warranties - ANSWER Representations are statements the applicant makes on an application that are deemed to be true to the applicant's best knowledge. Warranties are statements the insurer makes in the contract. 
 
Underwriting vs. Actuarial Departments - ANSWER Two related insurance company functions. Through the process of _________, applications are assessed for insurability and to assign premium rates. The ________ department analyzes data to help estimate future losses ...
![Webce Life and Health questions and answers 2023 full solution](/docpics/3255570/64dc0c66856dd_3255570_121_171.jpeg)
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Webce Life and Health questions and answers 2023 full solution
- Exam (elaborations) • 42 pages • 2023
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Webce Life and Health questions and answers 2023 full solution 
 
Representations and Warranties - answers-Representations are statements the applicant makes on an application that are deemed to be true to the applicant's best knowledge. Warranties are statements the insurer makes in the contract. 
 
Underwriting vs. Actuarial Departments - answers-Two related insurance company functions. Through the process of _________, applications are assessed for insurability and to assign premium rates. T...
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