Intermediaries - Samenvattingen, Notities en Examens

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...

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...

C16 - Chapter 7 - Relationship between Sales Intermediaries and Insurers

C16 - Chapter 7 - Relationship between Sales Intermediaries and Insurers

Which type of menu offers breakfast, lunch, or dinner at any time of the day? - Answer- California. Which is a benefit of choosing to buy a ready-made product? - Answer- The finished dish will be more consistent. Which king of leavener provides product rise when making quick breads? - Answer- Chemical. How does an operation determine its food cost? - Answer- (Opening Inventory + Purchases) - Closing Inventory. In a channel of distribution, wholesalers, suppliers, and distributors are...

Which type of Menu offers breakfast,lunch,and dinner at any time of day? - Answer- Califorina Which is a benefit of choosing to buy a ready-made product? - Answer- the finished dish will be more consistent Which kind of leavener provides product rise when making quick breads? - Answer- Chemical How does an operation determine its food cost ? - Answer- (opening inventory+ purchases)-closing inventory In a channel of distribution, wholesalers, suppliers, and distributors are considered...

1. What are the 3 CATEGORIES of AGENT, and what are the distinctions between those categories : 1. company employed agent, - works directly for insurer as staff. - paid salary with possible bonus or commission, or blend of compensation. - insurer owns client expiration list.` 2. Independent Agent - entrepreneur, maintains separate office from insurer, pays for own expense. - paid by commission or by a combination base salary and commission. - contract negotiated between agent and insur...

C16 Application and Narrative Questions Chapter 7 - Intermediaries

Three areas of finance: - Answers-1. *Financial Management* -buying/selling of assets -financing choices -control costs 2. *Investments* -purchasing and holding assets & securities -stocks and bonds 3. *Financial Markets* -capital markets -money markets -financial intermediaries (banks or credit unions) Productive assets - Answers-the long-term tangible and intangible *assets* a firm uses *to generate cash flows* Tangible = equipment etc. intangible = patents, trademarks...

C16 Application and Narrative Questions Chapter 7 - Intermediaries With complete solution