Ca life accident Study guides, Class notes & Summaries

CALIFORNIA CA LIFE ACCIDENT AND HEALTH INSURANCE EXAM PRACTICE a abc insurance - correct answer-john is the agent for abc insurance and jane is the insured. who is the principal in this agency relationship? a abc insurance b john c jane d none d admitted - correct answer-a(n) ________ insurer is authorized to write insurance policies in a particular state. a domestic b non-admitted c foreign d admitted b a person who negotiates insurance contracts on behalf of an insu...

Insurance is defined as? - Answer- A contract whereby one undertakes to indemnify another against loss, damage, or liability arising from a contingent or unknown event. A written instrument in which a contract of insurance is set forth is the? An agreement between the insurer and the insured, the person who is covered by the insurance, is established in a legal document referred to as a contract of insurance - Answer- policy Loss is? - Answer- defined as reduction in the value of an asset...

Admitted Insurance Company vs. Non-Admitted Insurance Company - An admitted insurance company is authorized to transact insurance in California because it has a Certificate of Authority granted by the California Department of Insurance (CDI) A non-admitted insurance company is not authorized to transact insurance in California because of failing to comply with California requirements or did not seek admission Pure Risk vs. Speculative Risk - Pure risks are insurable but Speculative risks ar...

California property and casualty exam, Pool Questions & Answers. Verified. Rated A The process where by a mutul insurer becomes a stock company is called - Demutalization The process whereby a stock company a mutal insurer is called - Mutalization The provision in a property policy which states that the insured has been paid up to their insurable interest is - Valuation clause The part of the policy that states the amout of coverage the insured property policy period is - Declara...

Insurance is defined as? - ANSWER-A contract whereby one undertakes to indemnify another against loss, damage, or liability arising from a contingent or unknown event. A written instrument in which a contract of insurance is set forth is the? An agreement between the insurer and the insured, the person who is covered by the insurance, is established in a legal document referred to as a contract of insurance - ANSWER-policy Loss is? - ANSWER-defined as reduction in the value of an asset ...

Maternity and Pediatric Nursing 4th Edition Ricci Kyle Carman Test Bank Maternity and Pediatric Nursing 4th Edition Ricci Kyle Carman Test Bank Chapter 1 1. When integrating the principles of family-centered care into the birthing process, the nurse would base care upon which belief? A. Birth is viewed as a medical event. B. Families are unable to make informed choices due to stress. C. Birth results in changes in relationships. D. Families require little information to make appropriate...

CA PSI SITE - LIFE, ACCIDENT AND HEALTH AGENT EXAMINATION (LIFE AGENT) LATEST ACTUAL EXAM 240+ QUESTIONS AND VERIFIED DETAILED ANSWERS WITH RATIONALES (ALREADY GRADED A+

CA Life Accident & Health. questions and answers} (2022/2023) (verified answer