Idaho insurance - Study guides, Class notes & Summaries

Idaho insurance law (health and life) module exam 6

Idaho insurance law (health and life) module exam 4

Idaho insurance law (health and life) module exam 8

Idaho insurance law (health and life) module exam 3

Idaho Insurance - Property questions with 100% correct answers

Idaho Insurance Exam

Idaho Insurance Licensing Property and Causualty UPDATED ACTUAL Questions and CORRECT Answers Insurance - CORRECT ANSWER- Is a contract win which one party agrees to indemnify the insured party against loss,damage, or liabilty. Insurance Transfers - CORRECT ANSWER- The risk of loss from an individual or business entity to an insurance company which in turn spreads the costs of unexpected losses to many individuals.

Idaho Life Producer Exam Questions and Answers (Graded A)Idaho Life Producer Exam Questions and Answers (Graded A)Idaho Life Producer Exam Questions and Answers (Graded A)Idaho Life Producer Exam Questions and Answers (Graded A) What does life insurance protect against? - ANSWER-Dying too soon. What happens to the death benefit with a Variable Universal Life Policy? - ANSWER-It may increase/decrease within limits. Who sells insurance to a client and owes a fiduciary duty to an insurance c...

Idaho insurance law (health and life) module exam 7

FRAUD AND FALSE STATEMENTS (18 USC Sections 1033 and 1034) correct answers Under federal statutes it is a felony for any insurance company officer or employee to engage in fraud, embezzlement, theft, or deceit in any insurance transaction. In addition to a $50,000 civil fine, such a person may be subject to imprisonment for up to 15 years. USA PATRIOT ACT - ANTI - MONEY LAUNDERING correct answers To make money laundering more difficult for criminals, the USA Patriot Act requires insurance com...