Ga health insurance - Study guides, Class notes & Summaries

Representations and Warranties - ANSWER Representations are statements the applicant makes on an application that are deemed to be true to the applicant's best knowledge. Warranties are statements the insurer makes in the contract. Underwriting vs. Actuarial Departments - ANSWER Two related insurance company functions. Through the process of _________, applications are assessed for insurability and to assign premium rates. The ________ department analyzes data to help estimate future losses ...

GA Life and Health Exam Questions and Answers 100% Pass Policyholders elect the governing bodies of which of the following types of insurance companies? - Correct Answer ️️ -Mutual An insurance agent is in violation of the Rules Governing Advertisement of Life Insurance and Annuities if the agent takes which of the following actions during a sales presentation? - Correct Answer ️️ -Refers to guaranteed policy dividends An insurance agent is guilty of twisting if the agent - Correc...

WEBCE Life And Health (281 Questions) Complete With 100% Correct Verified Answers Newly Updated 2024 WEBCE Life And Health (281 Questions) Complete With 100% Correct Verified Answers Newly Updated 2024 Representations and Warranties Representations are statements the applicant makes on an application that are deemed to be true to the applicant's best knowledge. Warranties are statements the insurer makes in the contract. Underwriting vs. Actuarial Departments Two related insurance ...

NASCLA Contractors Guide Exam Questions With Verified Answers When a business is purchased by a new owner, what happens in regards to the "EIN"? - answerA new EIN is required A clause that means that a subcontractor is bound by the same obligations as are required of the general contractor is called: - answerFlow-down clause What are the three key functions on a business plan? - answerPlanning Tool, Loan or Investor Document, Benchmarking tool A contractor's Business Plan does NOT inc...

Under which of the following circumstances will the benefits under COBRA continuation coverage end? - ANS - all group health plans are terminated by the employer Dental care coverage is designated to cover the costs of all the following EXCEPT: - ANS - loss of income Which type of policy would pay an employee's salary if the employer was injured in a bicycle accident and out of work for six weeks? - ANS - Business Overhead Expense P and Q are married and have three children. P is the prim...

Representations and Warranties - Representations are statements the applicant makes on an application that are deemed to be true to the applicant's best knowledge. Warranties are statements the insurer makes in the contract. Underwriting vs. Actuarial Departments - Two related insurance company functions. Through the process of _________, applications are assessed for insurability and to assign premium rates. The ________ department analyzes data to help estimate future losses and to produ...

Representations and Warranties Correct Answer Representations are statements the applicant makes on an application that are deemed to be true to the applicant's best knowledge. Warranties are statements the insurer makes in the contract. Underwriting vs. Actuarial Departments Correct Answer Two related insurance company functions. Through the process of _________, applications are assessed for insurability and to assign premium rates. The ________ department analyzes data to help estimate fu...

GA Life/Health Ins Exam Questions with 100% Correct A claiment wants to bring a recovery action against an insurance company for a loss claimed under a policy. The action must be brought a) Within 2 years. b) Within 3 years. c) Immediately. d) Only within 60 days. - Correct Answer ️️ -b) Within 3 years. Some states require a provision limiting the time parameters in which a claimant may seek recovery from an insurer under a policy. Georgia requires legal action to be brought forth ...

GA Life/Health Insurance Exam Questions And Verified Answers

LIFE ACCIDENT and SICKNESS GA EXAM QUESTIONS AND ANSWERS 100% PASS What is the maximum yearly contribution can an individual make into an IRA? An HR- 10? - Correct Answer ️️ -2,000 or 100% of earned income, whichever is less; 100% of earned income up to $41,000 which is broader? acc bodily injury or accidental means? - Correct Answer ️️ - accidental bodily injury Who manages a reciprocal? - Correct Answer ️️ -attorney in fact Reserves are defined as... - Correct Answer ️️...