Catastrophe plans - Study guides, Class notes & Summaries

Takaful chapter 7 general takaful Exam Questions and Answers 100% Pass Briefly explain General Takaful plan and its scheme. - Correct Answer ️️ -1. General Takaful plans or schemes are basically on a short-term basis (normally one year) between a group of participants to provide mutual compensation in the event of a defined loss. 2. It is designed to meet the needs for protection of individuals and corporate bodies in relation to material loss or damage resulting from a catastrophe o...

Georgia Rules and Codes Pertinent to Property and Casualty Insurance Binders - correct answer • Binders and other temporary contracts of insurance may be made orally or in writing , and are deemed to include all the terms of the policy for which the binder was given , together with any applicable endorsements . • Binders are in effect for 90 days or until the issuance of the policy for which the binder was given , whichever comes first . • If a policy has not been issued , a binder may...

28. Which of the following statements concerning factors used in the selection and classification process of applicants for life insurance is correct? (A) Applicants must submit document proof of age as part of the application. (B) Any past health record of the applicant is of little real relevance in the selection process. (C) The determination of an applicant's mortality expectation involves an examination of the relationship between height, weight, and girth. (D) The influence of hered...

HOSPITALITY AND TOURISM MANAGEMENT EXAM 1 QUESTIONS WITH CORRECT ANSWERS 100% 2024

Briefly explain General Takaful plan and its scheme. - Answer-1. General Takaful plans or schemes are basically on a short-term basis (normally one year) between a group of participants to provide mutual compensation in the event of a defined loss. 2. It is designed to meet the needs for protection of individuals and corporate bodies in relation to material loss or damage resulting from a catastrophe or disaster inflicted upon properties, assets or belongings of participants during the per...

NRF 2024 Test Questions with All Correct A The Framework is - Answer-always in effect, and elements can be implemented as needed on a scalable, flexible basis to improve response. NRF Applicability - Answer-Applies to all federal departments and agencies that may be requested to provide assistance in Response doctrine - Answer-Defines basic roles, responsibilities, and operational concepts for response across all levels of government and with the private sector and nongovernmental organ...

Property Insurance - Answer Usually covers a building, the contents of a building or both Casualty or Liability Insurance - Answer Provides compensation or indemnity for harm or wrong done to others that the insured is legally obligated to pay. Texas P&C Definition - Answer It is lawful for any insurance company doing business in Texas under the proper certificate of authority, except life insurance companies, to insure houses, buildings and all other kinds of property against loss or dama...

Chapter 1 - Fundamentals of Insurance 100% Solved Spread of Risk - "The losses of few are shared among the many" - A large pot into which all insureds place their premiums - This pot provides for payment for the losses of those who have claims Basis of Credit System Consumer access to insurance frees up credit Eliminates Worry - Encourages Entrepreneurship - Allows people to engage in many ventures w/o having to set money aside (for future losses) - Premium (defined expenditure) - Covers la...

RCFE Numbers: Questions & Answers How much time should elapse between 3rd and 1st meal? (Ans- Not more than 15 hours In order to obtain an Emergency Approval to Operate (EAO), in the event of the death of the licensee, how much time does the designee have to notify the department that she plans to continue to operate the facility? (Ans- Notification must take place the next working day following the death of the licensee. 87555 (b) (1) What is the deadline to report epidemic, poisoning,...

OSHA 30 Hour Study Guide Questions and Answers Graded A+ The OSH Act is also known by what other name? Public Law 91-596 What occupational groups do not come under OSHA coverage? Self-employed, immediate members of farming families not employing outside workers, mine workers, certain truckers and transportation workers, atomic energy workers who are covered by other federal agencies, public employees in state and local governments, although some states have their own plans that cover these...