Assured and fixed benefit - Study guides, Class notes & Summaries

QME Exam 100% Correct Answers to All questions 1911, SEVENTEEN DAYS AFTER THE DEVISTATING FIRE AT THE TRIANGLE SHIRTWAIST COMPANY FACTORY IN NEW YORK TOOK 146 LIVES - ANS when was the 1st work comp act passed? 1. NO FAULT 2. EXCLUSIVE REMEDY 3. ASSURED FIXED BENEFIT - ANS WHAT ARE THE 3 COMPONENTS OF THE WORK COMP SYSTEM e employer is required to pay benefits no matter who caused the injury, as long as the injury arose out of or occurred in the course of employment. - ANS NO FAUL...

Life & Health Insurance Exam| Questions and Verified Answers|100% Correct (2023/2024) Q: T would like to be assured $10,000 is available in 10 years to replace a roof on his house. What kind of $10,000 policy should T purchase? Answer: ten-year endowment Q: What requires an agent to have proper FINRA securities registration in order to sell them, EXCEPT for: Answer: Modified Whole Life Q: P is looking to purchase a life insurance policy that will pay a stated monthly...

©BRAINBARTER 2024/2025 QME Exam Questions With Verified Answers. When was the 1st work comp act passed? - answer1911, SEVENTEEN DAYS AFTER THE DEVISTATING FIRE AT THE TRIANGLE SHIRTWAIST COMPANY FACTORY IN NEW YORK TOOK 146 LIVES WHAT ARE THE 3 COMPONENTS OF THE WORK COMP SYSTEM - answer1. NO FAULT 2. EXCLUSIVE REMEDY 3. ASSURED FIXED BENEFIT NO FAULT - answere employer is required to pay benefits no matter who caused the injury, as long as the injury arose out of or occurred in the ...

Supplemental Job Displacement Benefits are available where: A. Vocational Rehabilitation costs are deemed unreasonable. B. The date of injury is before 1/1/13 and the employer does not offer Return-to~Work. C. The injured worker passes the a Job Proficiency Test. D. The date of injury is after 1/1/13 and the employer does not offer Return-to-Work - D. The date of injury is after 1/1/13 and the employer does not offer Return-to-Work The required Labor Code §4628 disclosure at the end of ev...

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Life & Health Exam – LIFE Questions & Answers Estoppel - ANS-Definition: characteristic of a contract that says waived the insurance company;s ight to refuse to pay for something the plan specifally said it would pay for Personal - ANS-Definition: characteristic of a contract that says insurance is always on a person, never on a thing Aleatory - ANS-Definition: characteristic of a contract that says giving a little for a lot; unequal sharing of consideration contract of utmost good f...

What type of reinsurance contract involves two companies automatically sharing their risk exposure? - treaty A group-owned insurance company that is formed to assume and spread the liability risks of its members is known as a - risk retention group What is the name of the law that requires insurers to disclose information gathering practices and where the information was obtained? - Fair Credit Reporting Act The stated amount or percent of liquid assets that an insurer must have on hand...

it is a diagnosed mental disorder that causes disability or need for medical treat-ment, and the employee can demonstrate that the events of employment were the "predominant cause" of the injury. - A psychiatric injury is compensable if e employer is required to pay benefits no matter who caused the injury, as long as the injury arose out of or occurred in the course of employment. - NO FAULT less the employer is uninsured, the worker cannot pursue other forms of recovery from the employe...

VUL/ULP MOCK EXAM - Questions and Answers (Complete Solutions) People generally invest their money to provide: I. An improvement in their financial position II. A less comfortable standard of living III. Retirement income IV. Funds for paying necessary expenses and taxes when the person dies A. I,II and III B. I, III and IV C. I, II, and IV D. II, III and IV Which of the following funds is comprised of a higher proportion of equity and a lower proportion of fixed-income instruments? A. Bond Fu...

Kansas Life Insurance #4: Life Insurance Policies Questions and Answers Rated A+ For replacement transactions, an insurance producer's duties include all of the following, EXCEPT (Select 1): a. Provide the applicant with a policy cost comparison statement, b. Notify existing insurers of policies to be replaced c. Make a list of all existing policies the applicant intends to replace d. Leave a notice regarding replacement with the applicant b) Notify existing insurers of policies to be repla...