When must insura - Study guides, Class notes & Summaries

Test Bank for Davis Advantage for Maternal-Child Nursing Care 3rd Edition by Scannell Ruggiero MULTIPLE CHOICE A patient chooses to have the certified nurse midwife (CNM) provide care during her pregnancy. What does the CNMs scope of practice include? • Practice independent from medical supervision • Comprehensive prenatal care • Attendance at all deliveries • Cesarean sections ANS:B The CNM provides comprehensive prenatal and postnatal care, attends uncomplicate...

Final Exam: California Life, Accident, and Health Insurance Questions and Answers 100% Pass The systematic liquidation of a sum of money is provided by a(n) - Correct Answer ️️ - annuity An annuitant would like to determine the current value of her annuity. To do this, she multiplies the number of "accumulation units" she owns times the unit value of the "separate account". What kind of annuity BEST matches this description? - Correct Answer ️️ -Variable annuity What kind of ...

1. Prior to working at a VITA/TCE site, ALL VITA/TCE volunteers (greeters, client facilitators, tax preparers, quality reviewers, etc.) must: - correct answer a. Annually pass the Volunteer Standards of Conduct (VSC) certification test with a score of 80% or higher. b. Sign and date the Form 13615, Volunteer Standards of Conduct Agreement, agreeing to comply with the VSC by upholding the highest ethical standards. c. Pass the Advanced tax law certification. d. All of the above. e. Both a...

USAA Licensing Exam Questions and Answers 2024 with complete solution Insurance - answerTransfer of risk from one person or organization to an insurance company Indemnity - answerThe principle to restore the insured to the pre-loss economic or financial condition. Law of Large numbers - answerMathematical principle used by insurers to predict losses to charge the appropriate premiums Insurable Interest - answerProof that someone stands to lose financially if a loss occurs; must exist at ...

North Carolina XCEL Testing Life & Health Insurance Exam Study Guide 2024 with complete solution Which of the following requires insurers to disclose when an applicant's consumer or credit history is being investigated: - Answer ️️ -1970 - Fair Credit Reporting Act What type of reinsurance contract involves two companies automatically sharing their risk exposure? - Answer ️️ -Treaty What is the name of the law that requires insurers to disclose information gathering practices and...

When are group disability benefits considered to be tax-free to the insured? - Answer- When the recipient pays the premiums An insurable interest in each other's lives may exist in absence of an economic interest when the individuals are - Answer- Marriage partners What is the elimination period of an individual disability policy? - Answer- Time period a disabled person must wait before benefits are paid What happens to interest earned if the annuitant dies before the payout start date...

P is a producer who notices 5 questions on a life application were not answered. What actions should P take? - Answer- Set up a meeting with the applicant to answer the remaining questions Which of the following does Social Security NOT provide benefits for? - Answer- Dismemberment An Accident/Health policyholder has ____ days to return the policy and receive a full refund on premiums - Answer- 10 Under a Renewable Term policy, - Answer- the renewable premium is calculated on the basis ...

MICHIGAN LIFE AND HEALTH FINAL EXAM / 80+ QUESTIONS AND CORRECT ANSWERS 2023/2024 / GRADED A+. Final Exam-Michigan Life and Health 1. What amount will be paid under a policy where the insured misstated his/her age?: an amount the premium would have purchased at the correct age 2. the acceptance of a credit life application requires the submission of a certificate of insurance to the insured within_____ days: 30 days 3. which of these is considered to be a Living benefit option in a lif...

What are the four required elements of an insurance contract? - ANSWER Agreement, consideration, competent parties, and legal purpose. What two parts make up a life insurance application? - ANSWER General Information and the Medical Information. An agent's report can go in a life insurance application but is not included in the life insurance policy. When must insurable interest exist in life insurance? - ANSWER At the time of application. When does coverage begin, if the premium was s...

What is meant by referring to an insurance policy as a unilateral contract? - Correct Answer-only one party makes a legally enforceable promise When must insurance records of insurance agents and brokers be made available to the insurance commissioner? - Correct Answer-At all times. Any situation that presents the possibility of a loss is known as - Correct Answer-Loss exposure Which of the following information is not required to be communicated in a life insurance contract? - Correct An...