An insu Study guides, Class notes & Summaries

c. Primarily describes the free-look period - Answer All of the following are functions of an insuring clause EXCEPT a. States the conditions under which the policy will pay b. Outlines the kind of benefits provided c. Primarily describes the free-look period d. Provides the policy's scope and limits of coverage b. Employer - Answer The policyholder for a group health benefit plan is considered to be the a. Employee b. Employer c. Liaison d. Insurer c. dies instantly from a ca...

CPCU 500(AMERICAN INSTITUTE INSURANCE) REAL 142 QUESTION AND LATEST ANSWERS GUARANTEED PASS 100% A GRADE.

CPCU 500 American Institutes Insurance – Questions And Answers

A domestic insurance companay: CORRECT ANSWER-is incorporated in the state within which it is located. It is considered foreign in all other states. A captive insurance company exists primarily to: CORRECT ANSWER-underwrite the risks of the parent owner. What agreement is for laying the legal framework of the insurance business? CORRECT ANSWER-Insurance agent partnership agreement True or False: An 'arrest' must be accompanied by physical restraint or handcuffs CORRECT ANSWER-False ...

Idaho Bail Bondsman Insurance License Exam questions with 100% correct answers

Final exam questions and answers The Legal Actions provision of an insurance contract is designed to do all of the following EXCEPT - answer-protect the producer Who is liable when an insured suffers a loss on a policy sold by an agent through an insurer not authorized to conduct business in Texas? - answer-The agent and the company Which of the following statements about the classification of appli

Idaho Bail Bondsman Insurance License Exam Questions and Answers 2024 Updated A domestic insurance companay: - CORRECT ANSWER-is incorporated in the state within which it is located. It is considered foreign in all other states. A captive insurance company exists primarily to: - CORRECT ANSWER-underwrite the risks of the parent owner. What agreement is for laying the legal framework of the insurance business? - CORRECT ANSWER-Insurance agent partnership agreement True or False: An ...

TEXAS PROPERTY AND CASUALTY INSURANCE REAL EXAM QUESTIONS AND CORRECT ANSWERS 2024 LATEST EXAM//GRADED A+ Which part of an insurance policy describes the responsibilities and obligations of both the insurance company and the insured under the policy? TEXAS PROPERTY AND CASUALTY INSURANCE REAL EXAM QUESTIONS AND CORRECT ANSWERS 2024 LATEST EXAM//GRADED A+ Which part of an insurance policy describes the responsibilities and obligations of both the insurance company and the insured under the po...

Alabama Life and Health Insurance a predetermined limit. - ANSWER-Insurance is a method risk is transferred to an insurer for consideration up to 1. spouses in each other 2. parents in their children 3. creditors in their debtors - ANSWER-Which of the following would be considered proper establishment of insurable interest in the life insurance area? It is called the mortality rate - ANSWER-Which of th

____ account provides funds to cover the potential liabilities incurred as a result of the forfeiture of bonds. - A BUF ____ refers to a security given by a defendant who wants to bring a writ of error on a judgment and that a stay of execution is preferred in the meantime. - Bail in error _____ describes the return of the defendant to the custody of the sheriff following either bail revocation or forfeiture. - Recommitment _____ is a process by which a defendant who failed to show up in c...