What is a good rider Study guides, Class notes & Summaries

Barbara's policy includes a rider which allows her to purchase additional insurance at specific dates or events without evidence of insurability. This rider is called a(n) Answers>>Guaranteed insurability rider A guaranteed insurability rider allows for the insured to purchase additional insurance at specific dates or events without evidence of insurability. Disability Income plans which require that the insurer can NEVER change or alter premium rates are usually considered Answers&...

CA- PSI- Life, Accident & Health Exam With 100% Correct Answers 2023 Reduced Paid Up Nonforfeiture option provides new whole life policy at reduced face amount of protection. Provides coverage for longest time. Extended Term Nonforfeiture option provides new TERM policy with same face amount of coverage as original policy Guaranteed Lifetime Withdrawal Annuity rider that assures owner will at least get amount paid for the annuity Guaranteed Minimum Income Rider that gua...

Certain conditions, such as dismemberment or total and permanent blinds, will automatically qualify the insured for full disability benefits. Which disability policy provision does this describe? - presumptive disability Which provision concerns the insured's duty to provide the insurer with reasonable notice in the event of a loss? - notice of claim Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following el...

Give five reasons why motorcycling is more risky than driving a car. - 1. More vulnerable 2. Maneuvers are more dangerous 3. Have to balance. 4. Skids and spins 5. Exposed to wind and rain What does it mean to "accept your responsibility"? - Choose to ride within your limits every single time What five items make up Rider Readiness? - 1. Mentally readiness (focused unimpaired distraction free) 2. Physical Readiness (rested, healthy, free of stress/impairements) 3. Proper riding gea...

Star Guard Elite Exam Questions and Answers Graded A+ while on station lifeguarding, what will occupy the majority of your time? searching the water what is a crucially important fact for lifeguards to be aware of at all times? drowning can happen quickly and silently to anyone at any time swimmers should not be allowed to participate in contests involving extended breath holding or underwater swimming true what does RWI stand for? recreational water illness if a break in your skin comes int...

NYS Life, accident, and health insurance Exam 2023/2024 Questions and Answers 100% CorrectNYS Life, accident, and health insurance Exam 2023/2024 Questions and Answers 100% CorrectNYS Life, accident, and health insurance Exam 2023/2024 Questions and Answers 100% CorrectWhich type of life insurance policy is best suited for paying off the outstanding balance of a 30-year mortgage in the event of the insured's death? - ANSWER-30-year decreasing term. How many days notice does the ACA require i...

CMSP TEST QUESTIONS WITH COMPLETE ANSWERS Give three reasons why motorcycling is more risky than driving a car? -Answer-1- motorcycles are more vulnerable than cars 2-they are harder to see than cars 3-you are exposed to the elements What is rider readiness -Answer-Being mentally focused, physically fit, wear proper riding gear, know your limitations, awareness of conditions, and knowing your motorcycle What does it mean that to "accept your responsibility"? -Answer-Ride within your li...

MSF Rider Coach prep 2023 VERIFIED SOLUTIONS 2023 Total Number of Sections in BRC Rider Handbook - ANSWER 16 4 Sections in Rider handbook not covered in e-course - ANSWER 12(Select topics), 13(Key Safety Concepts), 14(Knowledge Test), 15(Next Steps) Two turning strategies - ANSWER BASIC - SLOW, LOOK, PRESS, ROLL OVERALL - SEARCH, SETUP, SMOOTH Example used to illustrate use of the windchill chart - ANSWER 40 degrees outside temperature @55 MPH = 25 degrees on exposed skin. Rider Ch...

At what point must a life insurance applicant be informed of their rights that fall under the Fair Credit Reporting Act? - ANSWER Upon completion of the application Who elects the governing body of a mutual insurance company? - ANSWER policyholders An insurance applicant MUST be informed of an investigation regarding his/her reputation and character according to the - ANSWER Fair Credit Reporting Act What type of reinsurance contract involves two companies automatically sharing their ri...

What kind of retirement plan can a 75-employee for profit corporation establish? - ANSWER-Simple IRA The taxable portion of a monthly income benefit paid during the annuity phase from a nonqualified annuity is calculated using the - ANSWER-Exclusion ratio Unfair claims settlement methods and practices by an insurance company include all of the following acts EXCEPT - ANSWER-failure to pay all claims that are reported within 90 days after a loss occurs The settlement option that allows p...