Unearned premiums are - Study guides, Class notes & Summaries

Chapter 01: Nursing and the Health Care System Williams: deWit's Fundamental Concepts and Skills for Nursing, 5th Edition MULTIPLE CHOICE 1. Florence Nightingale’s contributions to nursing practice and education: a. are historically important but have no validity for nursing today. b. were neither recognized nor appreciated in her own time. c. were a major factor in reducing the death rate in the Crimean War. d. were limited only to the care of severe traumatic wound...

concurrent review correct answers Which of the following is a Managed Care Provision used by insurers to monitor hospital stays AIDS correct answers All of the following are typical exclusions for coverage under an accelerated death benefit rider, except: The amount of the accelerated payment, the remaining death benefit and cash values correct answers In the event that an insured receives a periodic benefit as the result of exercising the Accelerated Death Benefit Rider, what information ...

What are the 2 types of Flexible Spending Accounts? o :## Health care accounts and Dependent care accounts Concerning a Whole Life Policy, which of the following statements is correct? o :## Cash value is guaranteed According to the rights of renewability rider for cancellable policies, all of the following are correct about the cancellation of an individual insurance policy EXCEPT o :## Unearned premiums are retained by the insurance company In a replacement situation, all of the follow...

Property and Casualty Insurers: correct answers- loss reserve is an estimated amount for: correct answers• Claims reported and adjusted, but not yet paid • Claims reported and filed, but not yet adjusted • Claims incurred but not yet reported to the company Case reserves are loss reserves that are established for each individual claim. *•Methods for determining case reserves include: correct answers• The judgment method: a claim reserve is established for each individual cla...

Arkansas Life Insurance Training Questions & Answers 1Twisting - ANSWER Misrepresenting for the purpose of inducing or tending to induce the lapse, forfeiture, exchange, conversion, or surrender of any insurance policy. Unfair Discrimination - ANSWER Permitting individuals of the same class and equal life expectancy to be charged different rates for life insurance or annuities. Boycott, Coercion, Intimidation - ANSWER Entering into action resulting in an unreasonable restraint of, or monop...

Auto Assigned Risk Plan - The Commissioner must develop a Assigned Risk Plan. Applicants who are in good faith entitled to but are unable to procure auto insurance through the ordinary market. All auto Insurers must subscribe to the Assigned Risk Plan. Autos - Proof of Financial Responsibility - Show proof of insurance requested by a police officer; and at the time of of accident. Insurers must provide each policyholder with an Insur ID card, Personal auto policies must be issued for a peri...

Life and Health License Exam Questions and Answers 100% Pass Only one party makes a legally enforceable promise - Correct Answer ️️ -What is meant by referring to an insurance policy as a unilateral contract? At all times - Correct Answer ️️ -When must insurance records of insurance agents and brokers be made available to the Insurance Commissioner? a loss exposure - Correct Answer ️️ -Any situation that presents the possibility of a loss is known as Personal judgment - Corre...

industrial life insurance is also referred to as correct answers debt policy Based upon Optional Uniform Provisions, an insurer would have the right to deny claim payment in all of the following circumstances, except: correct answers misstatement of age on the application Insurable interest for life insurance is necessary only at the time of: correct answers application Which of the following types of policies would a sports team purchase to obtain coverage for a season? correct answers...

What is the role of the federal Government when insurers receive federal licensing? - Licensing provided only to companies that can meet strict financial standards. Established by the office of the Superintendent of Financial Institutions (OSFI). Insurers are monitored on an ongoing basis. What is the role of the provincial Government? - The superintendent of Insurance in each province are responsible for administrating the Insurance Act. Responsibilities include supervising terms and condi...

nal Judgement the direct distribution of insurance utilizes all of the following to mote the sale of insurance Except? - answerTelephone call from an agent. A contract in which one party promises to indemnify another against loss that arises from an unknown event is - answeran insurance policy. All of the occurrences listed below are examples of an insurable event as defined by the California Insurance code EXCEPT? - answeran insured suffers a financial loss in the state lottery. all of ...