Mo state insurance - Study guides, Class notes & Summaries

PMHNP Boards EXAM /REAL VERSION/ UPDATED TESTBANK Medicare Part A Coverage - CORRECT ANSWER Hospital insurance that covers inpatient and most skilled care. Mandatory copays for hospital days 21-150, getting higher with each period of time. Medicare Part A Eligibility - CORRECT ANSWER >65 in social security automatic enrollment Medicare Part A Cost - CORRECT ANSWER No cost if automatically qualified. 30- 39 work quarters: ~$250/mo <30 work quarters: ~$450/mo Medicare Part B Co...

cease and desist - ANSWERto stop and discontinue commission - ANSWERpayment to the agent by the insurance company for placing insurance, usually a percentage of the policy premium Exempt - ANSWERnot subject to an obligation Home state - ANSWERinsurer's headquarters, principal place of business Inducement - ANSWERan offer that attempts to influence the other party Moral turpitude - ANSWERconduct that is contrary to community standards of justice, honesty or good morals Reciproc...

CIC Commercial Multi-line Exam Prep Questions Answers Distinguish between Covered Property and Property Not Covered under the Businessowners Coverage Form. - Answer ️️ Covered: Buildings: Includes PP of landlord (common areas, furnished) Covers Bridges, Retaining Walls, Wharves, Docks Replacement Cost BPP: Includes Property of Others (in CCC) Exterior Building Glass Replacement Cost Not Covered: Money/Securities Fences, radios, antennas, towers, signs (detached) plants Install...

Exempt Securities from SEC Registration - ANSWER-securities listed by the U.S. or federal agencies -Municipal Bonds -Securities issued by banks, savings institutions and credit unions -Public utility stocks or bonds -Securities issued by religious, educational or nonprofit organizations -Notes, bills of exchange, bankers acceptances and commercial paper with an initial maturity of 270 days or less -Insurance policies and fixed annuities Exempt Transactions from SEC Registration - AN...

Medicare Part A Coverage - ANSWER - Hospital insurance that covers inpatient and most skilled care. Mandatory copays for hospital days 21-150, getting higher with each period of time. Medicare Part A Eligibility - ANSWER - >65 in social security automatic enrollment Medicare Part A Cost - ANSWER - No cost if automatically qualified. 30-39 work quarters: ~$250/mo <30 work quarters: ~$450/mo Medicare Part B Coverage - ANSWER - Supplemental medical insurance. Outpatient services, car...

Exempt Securities from SEC Registration - Correct Answer--securities listed by the U.S. or federal agencies -Municipal Bonds -Securities issued by banks, savings institutions and credit unions -Public utility stocks or bonds -Securities issued by religious, educational or nonprofit organizations -Notes, bills of exchange, bankers acceptances and commercial paper with an initial maturity of 270 days or less -Insurance policies and fixed annuities Exempt Transactions from SEC Registration...

According to MO law, a bail bond agent, general bail bond agent, or a surety recovery agent must complete which of the following hours of CECs every 2 years before renewing their license? CORRECT ANSWER-8 hours are required The MO Director of Insurance is appointed by the: CORRECT ANSWER-Governor If the Director of Insurance decides to examine the affairs and good faith of an agent in MO, the cost of the examination will be borne by: CORRECT ANSWER-The company being examined If the dire...

Paul vs. Virginia - ANSWER-1) Affirmed states rights to regulate insurance 2) VA agent Paul was trying to represent NY clients National Insurance Convention Goals - ANSWER-1) Establish regulatory goals 2) Uniform accounting statement 3) Guidelines for taxation 4) Draft model law Early Issues of National Insurance Convention - ANSWER-1) Restrictions to multiline insurance 2) Establishing terminology, e.g. earned premium and UW profit History of Multiline Insurance - ANSWER-1) Initia...

According to MO law, a bail bond agent, general bail bond agent, or a surety recovery agent must complete which of the following hours of CECs every 2 years before renewing their license? - ️️8 hours are required The MO Director of Insurance is appointed by the: - ️️Governor If the Director of Insurance decides to examine the affairs and good faith of an agent in MO, the cost of the examination will be borne by: - ️️The company being examined If the director believes that a ...

Kansas Insurance Life and Health Pre-Study Course Questions and answers with 100% Complete solutions | verified &updated 2024 Producer - An individual and/or an entity authorized in writing (through a company contract) by a lawfully qualified insurance company to transact, negotiate, or effect contracts of insurance on behalf of that insurance company. Resident Producer - A person that resides in a state and is licensed to "transact insurance business" for at least one insurer in that same s...