An insuranc - Study guides, Class notes & Summaries

Idaho Bail Bondsman Insurance License Exam questions with 100% correct answers

A domestic insurance companay: CORRECT ANSWER-is incorporated in the state within which it is located. It is considered foreign in all other states. A captive insurance company exists primarily to: CORRECT ANSWER-underwrite the risks of the parent owner. What agreement is for laying the legal framework of the insurance business? CORRECT ANSWER-Insurance agent partnership agreement True or False: An 'arrest' must be accompanied by physical restraint or handcuffs CORRECT ANSWER-False ...

CPCU 500(AMERICAN INSTITUTE INSURANCE) REAL 142 QUESTION AND LATEST ANSWERS GUARANTEED PASS 100% A GRADE.

CPCU 500 American Institutes Insurance – Questions And Answers

____ account provides funds to cover the potential liabilities incurred as a result of the forfeiture of bonds. - A BUF ____ refers to a security given by a defendant who wants to bring a writ of error on a judgment and that a stay of execution is preferred in the meantime. - Bail in error _____ describes the return of the defendant to the custody of the sheriff following either bail revocation or forfeiture. - Recommitment _____ is a process by which a defendant who failed to show up in c...

Alabama Life and Health Insurance a predetermined limit. - ANSWER-Insurance is a method risk is transferred to an insurer for consideration up to 1. spouses in each other 2. parents in their children 3. creditors in their debtors - ANSWER-Which of the following would be considered proper establishment of insurable interest in the life insurance area? It is called the mortality rate - ANSWER-Which of th

Pearson Vue National Health Insurance Practice Test/ Quizzes & Correct Ans. An insurer must provide claim forms to an insured within a MAXIMUM of how many days after receiving notice of an Accident & Health claim? A. Five B. Fifteen C. Twenty D. Thirty - Answer: b

Final exam questions and answers The Legal Actions provision of an insurance contract is designed to do all of the following EXCEPT - answer-protect the producer Who is liable when an insured suffers a loss on a policy sold by an agent through an insurer not authorized to conduct business in Texas? - answer-The agent and the company Which of the following statements about the classification of appli

purposes of the Life and Health Insurance Guaranty Association is CORRECT ANSWER- to assist in the prevention of insurer insolvencies An insurance company that is incorporated in New Hampshire and does business in Florida is defined in Florida as CORRECT ANSWER- Foreign insurer A foreign insurance company is one that is incorporated CORRECT ANSWER- under the laws of another state In order for a domestic, foreign, or alien insurance company to conduct business, it must be authorized by who...

PRIMERICA LIFE INSURANCE EXAM WITH 100% VERIFIED QUESTIONS AND ANSWERS LATEST UPDATED 2024 WITH RATIONALES