When an insurer Study guides, Class notes & Summaries
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![ISR3702 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 (392770) - DUE 15 April 2024](/docpics/4994233/661a9242b5f0f_4994233_121_171.jpeg)
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ISR3702 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 (392770) - DUE 15 April 2024
- Exam (elaborations) • 31 pages • 2024
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ISR3702 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 (392770) - DUE 15 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9......... Mlindwa’s spouse, Fezi, successfully challenged Mlindwa’s testamentary will. The court deemed the will void and set it aside. There was no sale of assets from Mlindwa’s deceased estate. The deceased estate had the following liabilities, which Nongxa had to pay when winding up this estate: 
 ...
![LML4805 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 - DUE 26 April 2024](/docpics/4856211/6605150dadda9_4856211_121_171.jpeg)
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LML4805 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 - DUE 26 April 2024
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LML4805 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 - DUE 26 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9.....Question 1: 
Briefly set out the legal principles established or confirmed in Littlejohn v Norwich Union Fire Insurance Society 1905 TH 374 (2) in relation to insurable interest over property belonging to a spouse. 
Also provide a brief summary of the facts of the case. (5) 
Question 2: 
Lentumetse Padi takes out ...
![Primerica Life Insurance Exam Questions and Answers Already Passed](/docpics/642ddc766b4d8_2558503.jpg)
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Primerica Life Insurance Exam Questions and Answers Already Passed
- Exam (elaborations) • 99 pages • 2023
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Primerica Life Insurance Exam Questions and Answers Already Passed 
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 A. mutual 
funds not paid out after paying claims and other operating costs are returned to the po...
![Insurance Exam AZ #1333 Latest Update Rated A](/docpics/4192970/659ef1330fa51_4192970_121_171.jpeg)
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Insurance Exam AZ #1333 Latest Update Rated A
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Insurance Exam AZ #1333 Latest Update Rated A An insurer must keep advertising materials and records for at least how many years? 3 
The insurance coverage in a variable life insurance policy may vary based on the value of the underlying investments 
When is it acceptable to charge or receive a fee or service charge in addition to the premium in connection with the transaction of insurance? If the amount of the fee or service charge is reasonably related to the cost of the service. 
The dental s...
![CA Life Insurance Exam Questions and Answers 100% Pass](/docpics/64270a15b4382_2539287.jpg)
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CA Life Insurance Exam Questions and Answers 100% Pass
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CA Life Insurance Exam Questions and Answers 100% Pass What is meant by referring to an insurance policy as a unilateral contract? Only one party makes a legally enforceable promise. 
When must insurance records of insurance agents and brokers be made available to the Insurance Commissioner? At all times. 
Any situation that presents the possibility of a loss is known as a loss exposure 
Which of the following information is not required to be communicated in a Life insurance contract? Personal ...
![PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023](/docpics/63e4d50d41065_2353097.jpg)
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PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023
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PRIMERICA LIFE INSURANCE EXAM 
WITH 100% CORRECT ANSWERS 2023 
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...
![PSI Life Exam Questions and Answers 100% Pass](/docpics/641f825915cbe_2516210.jpg)
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PSI Life Exam Questions and Answers 100% Pass
- Exam (elaborations) • 20 pages • 2023
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SI Life Exam Questions and Answers 100% Pass What kind of retirement plan can a 75-employee for profit corporation establish? Simple IRA 
The taxable portion of a monthly income benefit paid during the annuity phase from a nonqualified annuity is calculated using the Exclusion ratio 
Unfair claims settlement methods and practices by an insurance company include all of the following acts EXCEPT failure to pay all claims that are reported within 90 days after a loss occurs 
The settlement option t...
![C16 Business of Insurance -Practice Exam Questions Rated 100% Correct!!](/docpics/4020171/657a8a33e9a08_4020171_121_171.jpeg)
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C16 Business of Insurance -Practice Exam Questions Rated 100% Correct!!
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Explain the economic laws of Supply and Demand, and explain why these laws do not strictly apply to 
automobile insurance. - pages 3-3 and 3-13. the economic theory of supply and demand proposes 
that more resources will be allocated to a product that increases revenue. The law of supply provides 
that the higher the price, then more will be supplied. the law of demand provides that, with all other 
factors equal, less will be demanded as the price rises. 
For the insurance market, supply is rep...
![Florida 240 License exam questions with verified correct answers](/docpics/3437851/65036563cfda5_3437851_121_171.jpeg)
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Florida 240 License exam questions with verified correct answers
- Exam (elaborations) • 38 pages • 2023
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The stated amount or percent of liquid assets that an insurer must have on hand that will satisfy future obligations to its policyholders is called: 
Reserves 
 
 
 
An insurance applicant MUST be informed of an investigation regarding his/her reputation and character according to the: 
Fair Credit Reporting Act 
 
 
 
A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: 
A fraternal benefit society 
 
 
 
What I the name...
![CA LIFE INSURANCE EXAM QUESTIONS AND ANSWERS LATEST](/docpics/4206880/65a12361a0796_4206880_121_171.jpeg)
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CA LIFE INSURANCE EXAM QUESTIONS AND ANSWERS LATEST
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CA LIFE INSURANCE EXAM QUESTIONS 
AND ANSWERS LATEST 
J has a life policy with the Guaranteed Insurability rider. J has just celebrated their 42nd 
birthday and realizes that she wants to use her rider and buy more death benefit. Which 
of the following will apply to J's request? 
A: The insurer will allow J to add more insurance without proving insurability. 
B: The insurer will allow J to add more insurance pending a paramedical exam. 
C: The insurer will deny J's request to add more insu...
![Missouri Life and Health Exam questions with correct answers](/docpics/2717576/6459b301e2353_2717576_121_171.jpeg)
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Missouri Life and Health Exam questions with correct answers
- Exam (elaborations) • 58 pages • 2023
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In a Life insurance contract, an insurance company's promise to pay stated benefits is called the: 
a) insuring clause 
b) consideration clause 
c) entire contract 
d) owner's rights ans insuring clause 
 
under which circumstance MUST a health insurer have an expedited grievance review procedure? ans when the enrollee's life or health is jeapordized 
 
The Consideration clause in a life insurance contract contains what pertinent information? ans amount of premium payments ...
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