Webce Life And Health Study • Representations and Warranties: Representations are statements the appli-can’t makes on an application that are deemed to be true to the applicant's best knowledge. Warranties are statements the insurer makes in the contract. • Underwriting vs. Actuarial Departments: Two related insurance company functions. Through the process of , applications are assessed for in- surability and to assign premium rates. The department analyzes datato help estimate f...

Webce Insurance test Questions and answers latest update

Webce Life and Health Questions and answers latest update

WEBCE Practice Exam 100 Questions and answers latest update

WebCE Property & Casualty Prep Exam Questions and answers latest update

Webce Test Questions and answers latest update

WebCE Questions and answers latest update

On what basis are benefits payable under a long-term care insurance policy typically triggered? A) the diagnosis of an acute medical condition B) the number and types of medications prescribed C) the inability to perform of medications prescribed D) all of the above C) The inability to perform defined ADLs The inability to perform defined ADLs. Benefits payable under a long-term care policy are typically based on (or "triggered" by) the inability to perform a certain number of activitie...