What is misrepresentation - Study guides, Class notes & Summaries

ARKANSAS LIFE INSURANCE EXAM QUESTIONS AND ANSWERS J is a producer who has induced an insured through misrepresentation to surrender an existing insurance policy. What is J guilty of? - ANS Twisting What is implied authority defined as? - ANS Authority that is not specifically given to an agent contract, but that an agent can reasonably assume to carry out his/her duties A person who is a nonsmoker, average weight, excellent health would fall into what risk classification? - ANS ...

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...

Alpha Phi Alpha risk management | 71 Questions and Answers 100% Correct (A+ Complete Solution guide 2024) The policy that governs expectations regarding behavior is the Personal conduct policy An effective risk management policy has three components. Personal Responsibility, Education, Prevention The guidelines regarding the use of communications tools are contained in the. Electronic Media Usage Policy Who is responsible for implementing risk management protocols? Brothers What is are ...

where can an officer take a 10-56 (4 places) - CORRECT ANSWER-1. the persons home 3. hospital 4. jail how long can an intoxicated person be held in jail? - CORRECT ANSWER-24 hours who can order treatment and for how long? - CORRECT ANSWER-physician, LAC, or detox center (for 72 hours) can a person be charged with public intoxication in ND - CORRECT ANSWER-NO when can a minor (under 21) possess alcohol? - CORRECT ANSWER-1. religious service 2. entering restaurants 3. employment circ...

Who is considered a field underwriter? An agent When must insurable interest exist in life insurance? Application or issue date If no receipt is issued at the time of application, a statement of good health is usually required at the time of? Policy delivery The Medical Information Bureau is?(MIB) a source of medical information to alert insurers to adverse medical history A substandard risk compared to a standard risk would pay? a higher premium Which doc...

PVL3703 Assignment 3 (DETAILED ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED Answers, guidelines, workings and references .................... Question 1 One of the attractions at Wonderland Zoo is a train ride that takes customers to and from different locations at the zoo. Sipho, the technician in charge of inspecting and maintaining the train, overlooks some signs that the train is no longer in sound condition. Avril goes for a ride on the train. The operator of the train requests the per...

Well-structured PVL3702 Assignment 2 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). .... Question 1 Answer saved Marked out of 1.00 Flag question Question text Gary points a loaded gun at Pete, and orders him to sign a written contract. Gary explains that the document is for the sale of Pete’s car to him (Gary), at a price of R50 000 which is far below the market value of the car. Pete, fearing for his life, signs the document. Which cause of ...

Missouri Life and Health Exam Questions and Answers 100% Pass In a Life insurance contract, an insurance company's promise to pay stated benefits is called the: a) insuring clause b) consideration clause c) entire contract d) owner's rights insuring clause under which circumstance MUST a health insurer have an expedited grievance review procedure? when the enrollee's life or health is jeapordized The Consideration clause in a life insurance contract contains what pertinent information? ...

California Commercial Insurance Exam Questions and Answers 100% Pass What is a Modular Policy? - Correct Answer ️️ -A modular policy is a policy consisting of several different documents, none of which by itself forms a complete contract. What is a Commercial Package Policy (CPP)? - Correct Answer ️️ -A Commercial Package Policy is a modular policy that combines different forms and more than one line of coverage. What must a CPP policy consist of? - Correct Answer ️️ -A Declar...

The policy that governs expectations regarding behavior is the - ANSWERPersonal conduct policy An effective risk management policy has three components. - ANSWERPersonal Responsibility, Education, Prevention The guidelines regarding the use of communications tools are contained in the. - ANSWERElectronic Media Usage Policy Who is responsible for implementing risk management protocols? - ANSWERBrothers What is are elements of a viable risk management policy - ANSWERChecks and balances...