West virginia state law - Study guides, Class notes & Summaries

Insurance Questions and Answers Already Passed When an existing life insurance policy is being reissued with a reduction in cash value, the producer must sign the Notice Regarding Replacement of Life Insurance or Annuity". When a policy has been reissued with any reduction in cash value, that is considered a replacement. A Notice Regarding Replacement must be signed by both the producer and applicant The life insurance and annuity replacement regulation defines replacement as exchan...

Broker is ordering the sign for her new firm. Which is NOT a sign requirement? - Letters at least 2 inches in height The Reason: Every sign shall prominently display the name of the broker, the term "Broker" and the company name, if any, all in letters not less than 1 inch in height. If the broker so desires, the names of the salespersons or associate brokers may be placed below the name of the broker. Broker Bob can pay his friend a referral for helping him obtain a listing if the frien...

West Virginia Insurance Law Latest Update Graded A+ Insurance Commissioner: (Appointment & Duties) * Appointed by Governor for a 6-year term * Enforces Insurance Code Insurance Commissioner: (Powers) * Examine / investigate insurers and producers * Hold hearing - take depositions - compel witness to testify Insurance Commissioner must inspect each insurer every ____ years. Every 5 years Insurance Commissioner must hold a hearing within ____ days of a written demand, unless d...

FLORIDA CIVIC LITERACY EXAM Questions With 100% Verified Solutions . Which U.S. Supreme Court decision overturned Plessy v. Ferguson (1896)? Citizens United v. Federal Election Commission (2010) Brown v. Board of Education of Topeka (1954) Korematsu v. United States (1944) Gideon v. Wainwright (1963) Brown v. Board of Education of Topeka (1954) How does the outcome in Gideon v. Wainwright (1963) affect the rights of the accused? It established that the accused has the right to the assistance of ...

How many states allow Telephonic Notification? - correct answer20: Arizona, Colorado, Connecticut, Delaware, Idaho, Indiana, Maryland, Mississippi, Montana, Nebraska, Ohio, Oklahoma, South Carolina, Utah, Virginia, West Virginia. With specific requirements: Michigan, Pennsylvania, Vermont, New York What does substitute notice require? - correct answer1. Posting on website homepage 2. Statewide media posting 3. E-mail notice when possible What is the threshold for substitute notice in most...

West Virginia State Laws On Life Insurance Questions And Answers With Verified Solutions Already Passed!!!

All members of the West Virginia Real Estate Commission must have been residents of the state for at least the previous___________. - 6 years What are the requirements necessary for a West Virginia salesperson licensee to obtain a broker license - - Served an apprenticeship as a licensed salesperson for two years and experience the equivalent of a full-time license sales agent. - Completed the broker required education.. (90 hours) -The overall requirement is 180 hours which would hav...

WV Learner's Permit Test Questions and Answers Already Passed If the rear of your vehicle starts to skid, turn the steering wheel in the direction of the skid When you intend to make a turn, you must start to signal _____ before turning. at least 100 feet When you approach a stopped school bus with its red lights flashing on an undivided roadway, you must come to a complete stop and remain stopped until any of the above happens On interstate highways, do not drive slower than _...

Broker is ordering the sign for her new firm. Which is NOT a sign requirement? - Letters at least 2 inches in height The Reason: Every sign shall prominently display the name of the broker, the term "Broker" and the company name, if any, all in letters not less than 1 inch in height. If the broker so desires, the names of the salespersons or associate brokers may be placed below the name of the broker. Broker Bob can pay his friend a referral for helping him obtain a listing if the friend...

WV Insurance Exam Study Guide with Complete Solutions If insurance fails to notify the mortgage that the policy is canceled and there is a fire loss, what could the mortgage company collect? Up to the policy limit Which amount would be paid on a Total Loss Vehicle? Official Used Car Guide Amount Can an adjuster give legal advice? No A stolen vehicle is recovered with $1800 in damages to the vehicle. How much will be paid on the claim? Add up all permanently installed equipment a...