Plains - Study guides, Class notes & Summaries

Coastal and Floodplain Construction Inspector's Exam What is the minimum asphalt felt used in a Water-resistive barrier? CORRECT ANSWER: No. 15 asphalt felt, complying with ASTM D 226 or Type I felt or other approved materials. Vinyl Siding shall be permitted on exterior walls located in the V(asd) if it complies with: CORRECT ANSWER: ASTM D 3679 Fiber Cement Panels shall comply with the requirements of CORRECT ANSWER: ASTM C 1186 TYPE A

Blanket Insurance - A single property insurance policy that provides coverage for multiple classes of property at one location, or provides coverage for one or more classes of property at multiple locations. Adhesion - A contact offered on a "take-it-or-leave-it" basis by an insurer, in which the insured's only option is to accept or reject the contract. Any ambiguities in the contract will be settled in favor of the insured. Absolute Liability - A type of liability that occurs due to e...

Which of the following death benefits is paid out to the beneficiary income tax free? - Life insurance when the insured dies while the policy is in force Guaranteed Renewable means: - Renewable with adjustable premiums, by classification only A whole life policy: - Requires the insured to pay premiums for life and endows at age 100 A policy that pays surgical expense benefits does not schedule the approved benefit payable for every type of surgery. Instead, surgeries not listed are paid on ...

Binding Receipts - coverage is guaranteed until the insurer formally rejects the application -even if the proposed insured is ultimately found to be uninsurable -coverage is guaranteed until rejection of application Blanket Life Insurance - COvers groups of people exposed to the same hazard, such as passengers on an airplane. No one is named on the policy and there is not a certificate of coverage given out. Individuals are only covered for the common hazard. Accelerated benefits - provide...

_____ provides a set of standards for communicating between a browser and a program running on a server that allows for interaction between the user and server. - JavaScript - VBScript - ColdFusion - CGI - CGI Above all, e-commerce is a _____ phenomenon. - sociological - finance-driven - technology driven - government-driven - technology driven Advantages of dynamic page generation include all of the following except: - nearly cost-free price discrimination - lowered menu costs - c...

An employer pays the accident and health insurance premiums for its employees. The premiums paid by the employer are Deductible to the business. Taxable to the employee. Tax-deferred to the business. Reimbursed as a tax credit. - Deductible to the business. Medical expense insurance typically EXCLUDES coverage for: Prosthetic devices such as artificial limbs Cosmetic surgery Injuries resulting from auto accidents Treatment for terminal illnesses - Cosmetic surgery A group health insur...

Why were Exchanges implemented by the Affordable Care Act (ACA)? To create a one-stop market for standardized health insurance plans. Provide an additional stream of income for the Federal government. To enforce every U.S citizen to purchase health insurance. Assist in the conversion of individual policies to government mandated plans. - To create a onestop market for standardized health insurance plans. A licensee whose name or address changes must notify the Commissioner within 15 days b...

PAP Part C: Uninsured Motorist Coverage - Uninsured motorist (UM) coverage provides the insured with money for bodily injuries that the insured would be legally entitled to recover from the owner or operator of a vehicle that does not carry the required liability insurance coverage. A vehicle that does not carry the required insurance is defined in this section of the PAP as an uninsured vehicle Accounts receivable coverage form - One of the most important and popular of the inland marine c...

Material Misrepresentation - - a false statement that changes the outcome of issuing a policy - generally with the health statement Surplus Lines - any type of insurance for which there is no available market within the state, and the coverage must be placed with a non admitted insurer Mutual Insurer - An insurer that is owned by its policyholders and formed as a corporation for the purpose of providing insurance to them.- Non Taxable dividends & Participating Polcies Insurance - Transfer ...

Apparent Authority - The appearance or the assumption of authority based on the actions, words, or deeds of the principal or because of circumstances the principal created. According to the state regulations pertaining to claim settlements, after receiving a notification of claim from an individual policyholder, the insured must acknowledge the notice within how many days? - 10 working days (business days) . (DRPL) Designated Responsible Licensed Person - Responsible for insurers complianc...