Primary insurance - Study guides, Class notes & Summaries

PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2025 An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy? a. mutual b. reciprocal c. nonprofit service organization d. stock - Correct answer-A. mutual funds not paid out after paying claims and other operating costs are re...

WI Life Insurance Exam Questions and Answers Already Passed What is the purpose of the Wisconsin State Life Insurance Fund? a) to offer low-cost life insurance to state residents b) To protect insured against insolvent insurers c) To advertise different types of life insurance policies available in the state d) To provide life insurance through licensed intermediaries a An employee is insured under her employer's group life plan. If she terminates her group coverage, which of th...

WA Life and Disability Producer Combo Questions with Verified Solutions If a company provides group disability insurance to its employees, which of the following may be tax deductible? The premiums paid by the company as a business expense Which provides benefits for expenses incurred as a result of in-hospital medical treatment and surgery as well as certain outpatient expenses such as doctor's visits, laboratory tests, and diagnostic services? Hospitalization insurance Compared t...

On what products would you specify Grade A or AA when ordering? - correct answer -/Both eggs and butter are graded and specifying at least Grade A or AA would be the best quality for most foodservice operations. Endpoint temperature - correct answer -/Endpoint temperature is the temperature a food reaches at the end of cooking ex.: cooking ground beef to 155 degrees for 15 seconds What does HIPAA protect? - correct answer -/HIPAA (Health Insurance Portability and Accountabilit...

Which of the following represents uncertainty about outcomes that can be negative or positive? ️ Risk The primary role of insurance is to ️ Indemnify individuals and organizations for covered losses. The insurance agent suggested that Sally's Snack Shop buy a policy that combines property, crime, and liability coverage into one policy. This is referred to as as a(n) ️ Commercial package policy (CPP) Coverage for money and other business property from various causes of loss such as...

Annuity Certain - ANSWERSMaria would like an annuity that provides a guaranteed accumulation or payout. The type of annuity she is seeking is called Survivorship Life - ANSWERSThe type of policy which pays on the death of the last person is called Malign another insurer - ANSWERSDefamation occurs when a producer makes a false statement intended to A 70 year old NOT eligible for Social Security *You are not eligible to receive Medicare Part A benefits at age 65 or older if you are el...

RDHAP Law and Ethics Exam (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct| Grade A Q: A registered dental assistant acting in accordance with the rules of the dental board in performing the following procedures: Answer: (1) Polishing the coronal surfaces of teeth. (2) Applying bleaching agents. (3) Activating bleaching agents with a nonlaser light-curing device. (4) Applying pit and fissure sealants. Q: A registered dental hygienist in alternative...

Barbara's policy includes a rider which allows her to purchase additional insurance at specific dates or events without evidence of insurability. This rider is called a(n) Answers>>Guaranteed insurability rider A guaranteed insurability rider allows for the insured to purchase additional insurance at specific dates or events without evidence of insurability. Disability Income plans which require that the insurer can NEVER change or alter premium rates are usually considered Answers&...

FINAL EXAM - ARIZONA LIFE AND HEALTH QUESTIONS AND ANSWERS GRADED A Which of these is true regarding the exchange of consideration among parties involved in an insurance contract? Can be unequal The premiums paid by an employer for his employee's group life insurance are usually considered to be? Tax-deductible to the employer Kevin has an existing life insurance policy and assigns it to another insurer for a new contract. How would this transaction be treated for tax purposes? As a section ...

Florida 2-15 Insurance Final Exam Test Bank (All Chapters complete 1-30, Questions and Answers, 100% Verified) Latest 2023/2024 1. A life insurance company is organized in Orlando where it maintains its home office. In Florida, the company is classified as a a. domestic company b. local company c. foreign company d. preferred company a 2. With regard to life insurance, all of the following statements are correct EXCEPT a. all individuals are considered to have insurable interests i...