Insurance claim - Study guides, Class notes & Summaries

Arkansas P&C Exam. 103 Questions with 100% Correct Answers | Verified | Updated 2024. The major portion of the premium for an equipment breakdown policy pays -For repairs after a loss. -For coverage for bodily injury and property damage of others. -For replacement parts. -For inspections and examinations. For inspections and examinations. #3. The party to a surety or fidelity bond who promises to fulfill the obligation is the a) Principal. b) Custodian. c) Surety. d) Obligee. ...

TLI4801 ASSIGNMENT 1 MEMO - SEMESTER 1 - 2024 UNISA – DUE DATE: - 18 MARCH 2024 (DETAILED ANSWERS WITH FOOTNOTES AND A BIBLIOGRAPHY - DISTINCTION GUARANTEED!) Assignment 01 – Semester 1 Answer the following questions using proper references. Your entire assignment answer (questions 1 (a) – (d)) must not exceed 15 pages. Note: You may make up your own facts to supplement the given facts without detracting from the core issues. 1. You are a recently admitted legal practitioner practis...

National Coverage Determination (NCD) - Which of the following Medicare policies determines if a particular item or service is covered by Medicare? Adjudication - Which of the following is considered the final determination of the issues involving settlement of an insurance claim? Encounter Form - A form that contains charges, DOS, CPT codes, ICD codes, fees and copayment information Admitting clerk - A patient comes to the hospital for an inpatient procedure. Which of the following hospi...

LA Life, Health & Accident Insurance Series 103 Practice Exam Questions and Answers Already Passed Under which situation must insurable interest exist between the applicant and insured at the time of application? When a third-party applicant names themselves beneficiary. Which of the following is true about a decreasing term life policy? The face amount reaches zero at policy expiration. Which of the following occurs immediately after the application is submitted and the initial premium paid?...

Which of the following describes a participating life insurance policy? A participating life policy is one in which the policyowner receives dividends deriving from the company's divisible surplus What type of reinsurance contract between two insurers involves an automatic sharing of the risks assumed? Under treaty reinsurance, each party automatically accepts specific percentages of the insurer's business. At what point must a life insurance applicant be informed of their rights that fa...

ARIZONA LIFE AND HEALTH INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS When the disclosure of an insured's nonpublic information is involved, what is the insurer obligated to do? - correct answer Give notice, explain, and allow opting out Under the Telemarketing Sales Rule, telemarketing calls may NOT be received after - correct answer 9:00 PM A health plan offered by private insurance companies is - correct answer Medicare Supplement Chris has a single major medical contract which c...

Question 2 Not yet answered Marked out of 1.00 Flag question Question text The following information was obtained from the accounting records of SA Attorneys: On 1 April 2022, A South, a client of the practice, handed a cheque to the amount of R100 000 to Mr Africa and requested him to invest the money in a fixed deposit account at ABC Bank until the money is paid over for a property transaction. Which one of the following statements is incorrect for the above type of investment? Select one:...

Mississippi Insurance Test Questions and Answers 100% Pass The Commissioner of Insurance in Mississippi is elected to office for a term of 4 years The burden of proof for determining that a producer is representing an authorized insurer falls on The producer The fine the Commissioner may levy for violating any provision of the Insurance Code is $1000 A foreign insurer An insurer formed under the laws of any state other than Mississippi would be known as Each of the following...

CPCU Ethics Test Questions & Answers 2024/2025 Ethical behavior is based on - ANSWERSreasoned consideration of all issues surrounding a conflict Morality is - ANSWERSuniversal and basic to human relationships Maintaining high ethical standards is best associated with - ANSWERSknowledge of law and regulations The Sarbanes-Oxley federal law requires that publicly traded companies identify principal ethics officers, create anonymous hotlines for reporting unethical behavior, and - ANS...

life - colorado law exam questions and answers 100% pass Which type of insurer may pay dividends to policyholders? - Correct Answer ️️ -Mutual You must be licensed to sell all of the following EXCEPT: - Correct Answer ️️ -Travel accident To obtain a Colorado producer's license as a nonresident, you must: - Correct Answer ️️ -Have a similar license in your home state You need an insurance license to sell all EXCEPT: - Correct Answer ️️ -Prepaid Legal If, after a hearing, ...