Va state life - Study guides, Class notes & Summaries

CH 10 VA State Health and Insurance Exam Question and answers correctly solved 2024What governing body issues rules and regulations for the administration of the Insurance Code? A) The State Corporation Commission B) The Virginia Department of Insurance C) The Life and Health Guarantee Association D) The Joint Legislative Audit and Review Commission - correct answer A) The State Corporation Commission The State Corporation Commission, referred to as "the Commission," issues the rules ...

VA State Health and Insurance Exam CH 10 with Complete Solutions What governing body issues rules and regulations for the administration of the Insurance Code? A) The State Corporation Commission B) The Virginia Department of Insurance C) The Life and Health Guarantee Association D) The Joint Legislative Audit and Review Commission A) The State Corporation Commission The State Corporation Commission, referred to as "the Commission," issues the rules and regulations for the admin...

Parents patriae is a Latin term that translates to - ans-King as father parents of the country The concept of Prince Porte has given rise to the States authority to intervene in an individual's life in order to protect the person from harming himself or others in the following ways - ans-Guardianship or conservatorship. Baker act. Protective services for children or adults. Involuntary treatment for substance abuse or mental illness. Who can amend or change the laws governing guardi...

VA Health and Life Insurance Questions and Answers Already Passed Why would a large corporation choose to self-insure rather than buy an insurance policy from an insurance company? a) to avoid having to comply with individual state laws b) to cover against an occasional but high-severity loss c) to insure against frequent but low-severity losses d) for tax abatement purposes c) to insure against frequent but low-severity losses A large company that is willing and financially able...

VA Health Life and Annuities Latest Version Graded A+ Long-Term Care refers to the broad range of medical and personal services for individuals (often the elderly) who need assistance with daily activities for an extended period of time for chronic illnesses like arthritis, rheumatism, and so forth. Limited Policies Restrict benefits to specified accidents or diseases, such as travel policies, dread disease (cancer) policies, ticket policies, and so forth. Managed Care Organizatio...

Texas Principles of Real Estate II (2024 / 2025) Exam | Guide with Questions and Verified Answers | 100% Correct Q: Principle of Contribution? Answer: A component part of a property is valued in proportion to its contribution to the value of the whole. Holds that maximum values are achieved when the improvements on a site produce the highest (net) return, commensurate with the investment. Q: Principle of Competition? Answer: Holds that profits tend to breed competition and excess profits tend to...

CH 11 VA State Life and Health Insurance Exam (1).

VA LIFE AND HEALTH INSURANCE STATE EXA1

mortgage Broker - Answer- Functions as a middleman between the borrower and the lender, negotiating, selling or arranging loans to be delivered to large investors Mortgage Banker - Answer- Provide their own funds for the purpose of providing mortgage financing Correspondent Lender - Answer- Smaller in scale then mortgage bankers or brokers, these lenders typically extended loans with their own funds at their own risk Origination - Answer- The process of creating a new mortgage loan U...

State law that sets the rules for pesticide use in Va - The Virginia Pesticide Control Act agency responsible for ensuring safe use of pesticides in VA - The Virginia Department of Agriculture and Consumer Services how long must Worker Protection Standard application records be posted - no later than 24 hours after and application and continuously for 30 days training requirements for registered technicians - 20 hours of instruction and 20 hours of on the job training when does license ex...