Penns - Study guides, Class notes & Summaries

Law of Large Numbers - correct answer Recognizes that as the number of exposure units increases, the more likely it is to predict accurately the expected outcome. What must an insurance producer do to apply for a nonresident license in Pennsylvania? - correct answer Prove that their license is in good standing in their home state Which best describes the responsibilities an agent owes when they sell a policy? - correct answer To provide the agreed-upon insurance and to place coverage with ...

Pennsylvania Life Only Questions and Answers Graded A+ Which of the following is a requirement for any change in an insurance application? Change must be initialed by the applicant. Agreements made by terminally ill persons to sell their life insurance policies at a discount in order to pay medical expenses are called: Viatical settlements What is an insurance policy's grace period? Period of time after the premium is due but the policy remains in force. The cause of a loss is...

BA 342 Exam 2 Latest 2024/2025 Updated Guide 100% Correct; Pennsylvania State University BA 342 Exam 2

The muscle that covers the front lower leg and bends the foot up and in is called? Tibialis Anterior What yellowish fluid in the blood consists of approximately 90% water? Plasma 6 Ways to Show Appreciation for Your Child's Teacher 0:06 / 0:54 Which part of the cell contains food substances for cellular growth and repair? Cytoplasm Which branch of the 5th cranial nerve consists of the lower 1/2 of the face and head? Mandibular What eye muscle allows eyelids to open...

CERTIFIED PENNSYLVANIA EVALUATOR EXAM (CPE)

PENNSYLVANIA INSURANCE STATE EXAM 2024 WITH 100% CORRECT ANSWERS Jonas is a whole life insurance policyowner and would like to add coverage for his two children. Which of the following products would allow him to accomplish this? - correct answer Child Term Rider Which of the following annuity payout options makes no additional payments regardless of when the annuitant dies? - correct answer Life only People with higher loss exposure have the tendency to purchase insurance more often ...

Certified Pennsylvania Evaluator Exam (CPE) Latest Update Graded A+ Assessor Any person responsible for the valuation of real property for ad valorum taxation purposes Duties and Responsibilities of an Assessor Discovering, Listing, Valuing Clean & Green - Act 319 Has two values, Value in Use and Value in Exchange An Assessor is accountable to whom? Himself, taxpayers and all taxing authorities In order for an assessor to accomplish the task of discovering property, the assessor...

BA 342 Exam 3 Actual Questions and Answers Latest 2024/2025 Update 100% Correct;Pennsylvania State University BA 342 Exam 3

Licensing Process 1. 24 credit hours 3. 3 of the 24 hours must be in ethics Licensing exam and relicensing education exemption 1. Business entities 2. Nonresident producers 3. Professional designators -CLU-Life and Health Licence -CPLU-Property and Casualty License -CIC-Life, Health, Property and Casualty Licenses -Line of authority is only limited line credit insurance -Line of authority restricted to limited line -Line of authority restricted to fraternal insurance B...

Pennsylvania Notary Public Examination| Answered 100% Correctly| Minimum Age for becoming a Notary in PA 18 years of age ( Sec 321 a 1) Maximum time requirement for the bond, oath of office and commission to be recorded in the office of recorder of deeds of the county in which the Notary maintains an office 45 Days Under RULONA and applicant for a commission to obtain a surety bond from an insurance company licensed in PA in the order of the amount $10,000 RULONDA requires a surety compa...