Guaranty corporation Study guides, Class notes & Summaries

After an insured gives notice of loss, what must he/she do if the insurer does not furnish forms? - Answer File written proof of loss Which of these factors help determine an insured's life insurance premium? - Answer Avocation (hobby) The Life and Health Guaranty Corporation provides funds to carry out its powers and duties by assessing - Answer Member insurers Lifetime protection - Answer A limited payment whole life policy provides Decreasing term life - Answer The...

Define home improvement - The addition, alteration, conversion, improvement, modernization, remodeling, repair or replacement of a building or part of a building that is used or was designed to be used as a residence or dwelling place or structure adjacent to that building or an improvement to land adjacent to that building Is a building of a swimming pool, deck, pier or porch included in Home Improvement? - Yes Is work done on apartment complexes of more than 4 units considered home impro...

Six Sigma - Answer A method that provides tools for organizations to increase performance and decrease process variation Globilization - Answer when international integration arises from the interchange of world views, products, ideas, and other aspects of culture. CAGE - Answer culture, administration, geography, economics Gini Coefficient - Answer measures the inequality among values of a frequency distribution such as levels of income Happy Planet Index - Answer measures how well ...

67 Nevada Life, Accident, Health Insurance Exam Practice Questions and Answers Document Content and Description Below 67 Nevada Life, Accident, Health Insurance Exam Practice Questions and Answers 1. Health care accounts and Dependent care accounts Ans: What are the 2 types of Flexible Spending Accounts? 2. Cash value is guaranteed Ans: Concerning a Whole Life Policy, which of the following statements is correct? 3. Unearned premiums are retained by the insurance company Ans: According to the ...

Which of these will typically authorize treatment from a specialist? - ANSWER Gatekeeper A life insurance policyowner is allowed ___ days upon policy deli every to return the policy for a full premium refund - ANSWER 10 All of the following are examples of a business continuation plan EXCEPT - ANSWER Deferred compensation The IRS states that a taxpayer's medical expenses that exceed 7.5% of their adjusted gross income tax deductible. Which of the following may be considered a medical e...

Maryland Property & Casualty Insurance Practice Questions with Certified Solutions A broker requests a hearing with the Commissioner. Within how many days of the request must the hearing be held? 30 Collision coverage extends to rented passenger vehicles that have been rented for No more than 30 days. Every vehicle insurance policy issued and delivered in Maryland must provide coverage for medical, hospital and disability benefits, unless Waived by the first named insured. When an insurer de...

Connecticut Life and Health Insurance Exam Questions and Answers 100% Pass A producer has indicated to a potential client that the proposed life insurance is covered by the Connecticut Life and Health Insurance Guaranty Association. This action taken by the producer is - Correct Answer ️️ -"Prohibited by law". Pointing out to a prospective client that the life insurance policy you are presenting is covered by the Connecticut Life and Health Guaranty Association is prohibited by law. ...

Virginia Laws and Rules - Life Insurance Exam Questions and Answers Already Passed An agent does NOT need to notify the Bureau of Insurance of a? a) change of address; b) name change; c) change in financial status; or d) felony conviction change in financial status Which of these is NOT considered advertising? A policy illustration, An AM Best company rating, A direct mailing by an insurer, or An agent's oral sales presentation? An AM Best company rating A domestic insurance com...

A producer has indicated to a potential client that the proposed life insurance is covered by the Connecticut Life and Health Insurance Guaranty Association. This action taken by the producer is - "Prohibited by law". Pointing out to a prospective client that the life insurance policy you are presenting is covered by the Connecticut Life and Health Guaranty Association is prohibited by law. Which of the following does NOT involve a life settlement transaction? - Converting term life cover...

Champions Real Estate Finance Exam || Questions & Answers (100% Correct) Champions Real Estate Finance Exam || Questions & Answers (100% Correct) Federal National Mortgage Association (FNMA) known as, Fannie Mae - ANSWER - began in 1938 as an agency of the federal government In 1968, Fannie Mae became a privately owned and managed corporation Fannie Mae operates exclusively in the secondary market and provides support to mortgage lending institutions in the primary market. Freddie Mac is ...