Montana insurance - Study guides, Class notes & Summaries

A Surplus Lines Producer may collect a fee from the Insured to fund the Surplus Lines Advisory Board. This fee is known as the? - stamping fee An inducement to purchase an insurance policy is: Select one: ation ing - rebating A nonresident producer licensed in Montana may sell: Select one: insurance that is otherwise lawfully sold in the state of Montana. those types of insurance that the producer could have sold in the producer's state of residence. - only those types of insurance ...

Under the freedom of choice act an insured is able to choose their own doctor in which health plan?Answer - Stock or mutual indemnity plan not-for-profit insurer which offers insurance only to its members is called a ?Answer - Fraternal benefit society A commissioner must give at least a ? Day notice prior to holding a hearing on a license revocation or suspensionAnswer - 10 What is the continuing education requirement for an individual holding a limited lines credit license?Answer ...

A Surplus Lines Producer may collect a fee from the Insured to fund the Surplus Lines Advisory Board. This fee is known as the? - stamping fee An inducement to purchase an insurance policy is: Select one: ation ing - rebating A nonresident producer licensed in Montana may sell: Select one: insurance that is otherwise lawfully sold in the state of Montana. those types of insurance that the producer could have sold in the producer's state of residence. - only those types of insurance ...

Insurance policies ensures that after a loss proceeds will go to the correct answer: Beneficiary What do individuals use to transfer their risk of loss to a larger group? correct answer: insurance An individual applies for a life policy. Two years ago he suffered from a head injury from an accident, so he cannot remember parts of his past, but is otherwise competent. He has also been hospitalized for drug abuse, but does not remember this when applying for insurance. The insurance issues...

NCCT Practice Test 2 Billing and Coding Test Questions With Correct Answers (Graded) An organization which provides a wide range of services for a specified group at a fixed periodic payment is termed an A. Individual Contract B. HMO C. Conversion Privilege D. Exclusive Provider Organization - Answer HMO TBSA refers to: A. Relative Blood Value B. Tuberculosis Test C. Total Blood & serum analysis D. Total Body Surface Area - Answer Total body surface area There are two types of CPT co...

MONTANA Driver License Questions and Answers 100% Pass If you move, you must report your change of address to the Driver License Bureau within: 10 Days Parents, when signing for their child under 18 years of age, are indicating: That they are accepting financial responsibility for any damage as a result from the minor operating a motor vehicle. What is the earliest a Montana Driver License can be renewed prior to the license expiration date? 6 Months Many people get into serio...

Montana life and health final exam questions and answers Which of the following is true about most blue cross blue shield organizations? - Answer- They are non profit organizations Which of the following is not included in hospitalization expense coverage - Answer- Surgical fees A policy of adhesion may only be modified by who? - Answer- The insurance company Which of the following is not included in an annuity contract? - Answer- AD&D rider An insurer must provide an insured with claim ...

Montana life and health final exam questions and answers Which of the following is true about most blue cross blue shield organizations? - Answer- They are non profit organizations Which of the following is not included in hospitalization expense coverage - Answer- Surgical fees A policy of adhesion may only be modified by who? - Answer- The insurance company Which of the following is not included in an annuity contract? - Answer- AD&D rider An insurer must provide an insured with claim ...

Upon expiration of a residential lease, the landlord deducts from the security deposit for damages caused by the tenant. The balance of the security deposit must be returned to the tenant within how many days of the termination of the lease? - 30 Sarah is a licensed real estate broker who does not have a listing, is not a subagent of the seller And has no buyer broker agreement. Siri is an example of a: - Statutory broker Sales person has numerous listings, including several that are schedu...

State Farm Property Exam Questions with 100% Correct Answers How long is the waiting period after the application has been accepted before flood coverage goes into effect? the waiting period is 30 days as required by the Nation flood insurance program which of the following Is covered under the camera and musical instruments dealers floater a customers camera left at a camera shop for repairs when an umbrella policy is broader than underlying insurance and it pays a loss that is not...