Concealment - Study guides, Class notes & Summaries

AIC 301 Exam Questions With All 100% Correct Answers What are the elements of a legally binding contract? - Answer -To be legally binding, contracts must: • Contain an agreement between all parties • Involve parties with the legal capacity to contract • Contain mutual assent • Involve consideration • Have a legal purpose • Be in the form prescribed by law What are the similarities and differences between bilateral and unilateral contracts? - Answer -In bilateral con...

FLORIDA CLAIMS ADJUSTER EXAM, 6-20 ALL LINES ADJUSTER- FLORIDA-REVIEW / 330+ ACTUAL EXAM QUESTIONS AND ANSWERS WITH CERTIFIED RATIONALES (A+ GUIDE SOLUTION) NEWEST 2025/2026 Terms in this set (332)  Peril Something that causes a loss. Hazard Something that increases the probability that a loss will occur. Warranty A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. Misrepresentation An untrue st...

Test Bank for Fraud Examination 7e 7th Edition by W. Steve Albrecht, Chad O. Albrecht, Conan C. Albrecht, Mark F. Zimbelman. Full Chapters test bank are included with answers (Chapter 1 to 18) Chapter 1: The Nature of Fraud Chapter 2: Who Commits Fraud and Why They Commit It Chapter 3: Fighting Fraud: An Overview Chapter 4: Preventing Fraud Chapter 5: Recognizing the Symptoms of Fraud Chapter 6: Data-Driven Fraud Detection Chapter 7: Investigating Theft Acts Chapter 8: Investigating Co...

Complete Solutions Manual for Fraud Examination 7e 7th Edition by W. Steve Albrecht, Chad O. Albrecht, Conan C. Albrecht, Mark F. Zimbelman. Full Chapters Solutions are included (Chapter 1 to 18). Cases Answers included too Chapter 1: The Nature of Fraud Chapter 2: Who Commits Fraud and Why They Commit It Chapter 3: Fighting Fraud: An Overview Chapter 4: Preventing Fraud Chapter 5: Recognizing the Symptoms of Fraud Chapter 6: Data-Driven Fraud Detection Chapter 7: Investigating Theft Acts Cha...

Which is TRUE regarding the annuitant, when the annuitant is NOT the policy owner? 1. The annuitant has the right to name the beneficiary 2. The annuitant is the person paying the premiums 3. The cash value is available to the annuitant for withdrawals 4. Annuity payments will be based on the annuitants life expectancy - ANSWER Annuity payments will be based on the annuitants life expectancy Signing an applicants name for insurance is known as...? 1. Concealment 2. Defamation...

must be explained to obtain an informed consent - Answer-purpose & procedures, risks & discomforts, ability to withdraw, how to answer questions A test that protects subjects from harm should - Answer-not diminish self worth, or cause stress, anxiety, or embarrassment Ways to preserve right to privacy - Answer-anonymity and confidentiality Types of deception - Answer-outright deception and concealment Outright deception - Answer-deliberately providing false info Concealment - Answer-withh...

Which is TRUE regarding the annuitant, when the annuitant is NOT the policy owner? 1. The annuitant has the right to name the beneficiary 2. The annuitant is the person paying the premiums 3. The cash value is available to the annuitant for withdrawals 4. Annuity payments will be based on the annuitants life expectancy ️ Annuity payments will be based on the annuitants life expectancy Signing an applicants name for insurance is known as...? 1. Concealment 2. Defamation ...

AIC 301 2024 Exam Questions and Answers All Correct .What are the elements of a legally binding contract? - Answer-To be legally binding, contracts must: • Contain an agreement between all parties • Involve parties with the legal capacity to contract • Contain mutual assent • Involve consideration • Have a legal purpose • Be in the form prescribed by law What are the similarities and differences between bilateral and unilateral contracts? - Answer-In bilateral cont...

Participating Insurance Policy - Answer-may pay dividends to the policyowner Material Misrepresentation - Answer-misstatement to a question asked in the application process; death benefit claim will likely be denied Law of Large Numbers - Answer-the larger a group becomes, the easier it is to predict losses; used to predict certain types of losses and set appropriate premiums Substandard Risk - Answer-results in higher premium Standard Risk - Answer-results in standard premium Preferred R...

PROPERTY AND CASUALTY INSURANCE ACTUAL EXAM 2025 WITH REAL QUESTIONS AND VERIFIED CORRECT ANSWERS | ALREADY GRADED A+ | GUARANTEED PASS | PROPERTY AND CASUALTY INSURANCE MIDTERM AND FINAL LATEST VERSION The other insurance provision that limits the liability of the insurer to a portion of the loss no greater than the amount the insurer bears to all the insurance covering the property is called - ANSWER- Pro rata liability Under the professional liability loss settlement provisi...