Managing general agent - Study guides, Class notes & Summaries

1. What are the 3 CATEGORIES of AGENT, and what are the distinctions between those categories : 1. company employed agent, - works directly for insurer as staff. - paid salary with possible bonus or commission, or blend of compensation. - insurer owns client expiration list.` 2. Independent Agent - entrepreneur, maintains separate office from insurer, pays for own expense. - paid by commission or by a combination base salary and commission. - contract negotiated between agent and insur...

Psychopharm Exam 1 practice 170 Questions with Verified Answers The PMHNP is evaluating a 68-year-old man for symptoms of major depression. While assessing the appearance of the patient, an obvious left-sided ptosis is noted. Which cranial nerve is directly linked to this condition? a. III b. IV c. V d. VI - CORRECT ANSWER A A 55-year-old woman has been referred for a psychiatric evaluation for a change in personality, lack of impulse control, and increasingly reckless decision-making....

Final Exam - Maryland Life and Health Questions and Answers 100% Solved How are monthly life annuity benefit payments treated under a tax sheltered annuity (TSA)? taxed as ordinary income in the year received Life Insurance replacement can be best defined as _______? a transaction in which a new life insurance policy is purchased and an existing life insurance policy is surrendered According the the affordable care act (ACA), dependent children may remain on their parent's plan until what ag...

What does the term civil process mean? - correct answer refers to writs or summonses, especially ti appear or respond in court filed or issued by the civil courts to assist them in carrying out the functions assigned to them by law 4 primary functions - correct answer 1. Giving notice, 2. Preserving the status quo 3. providing remedies for parties, 4. Enforcing decisions of the courts 3 types of courts used in civil process process and how much is it for each court to issue papers - co...

Oklahoma Statutes, Rules, and Regulations Latest 2024 Graded A+ qualifications to be an insurance provider at least 18 years old has not committed any act that is ground for denial, suspension or revocation of a license pass the required license exam pay the required license fees requirement of entity to be insurance producer has paid required fees designated a licensed producer responsible for its compliance with the insurance laws is organized in compliance with the state laws e...

Yr 4 Anaesthesia MCQs Actual Questions and Answers Solved 100% The triad of anaesthesia comprises A. Hypnosis, monitoring, and airway management B. Sedation, pain management and airway management C. Sedation, muscle relaxation and analgesia D. Hypnosis, analgesia and immobility Ans - D What are the minimum requirements for effective surgical anaesthesia? A. An immobile surgical field with good analgesia B. An unaware and immobile patient C. Artificial ventilation and hypnosis D. Se...

Indirect Loss - Answer- A secondary loss that follows from a direct loss to insured property from a covered peril. Ex. Hotel expenses incurred by the insured while a fire-damaged home is repaired is an indirect loss that follows the direct loss of the home. Exclusive Agency System - Answer- An insurance distribution system in which producers (agents) represent a single company. Ex. In the exclusive agency system, insurers use independent contractors (exclusive agents) that represent only on...

California Property and Casualty Insurance Exam Questions and Answers 100% Pass What is the required rate discount under a Good Driver Discount policy? - Correct Answer ️️ -20% below the rate the insured would have been otherwise charged for the same coverage All the following are authorized activities for the Limited Automobile Insurance Agent EXCEPT if the agent - Correct Answer ️️ -Charges and collects a brokers fee for service What is the procedure for refusing uninsured moto...

Company Law for Business 266 All Topics Questions and Answers 100% Correct.(Tutors only) Multiple Choice Questions and Answers Tutors Only Topic 1: About Companies, company Law and Legal nature of Companies 1. From a shareholder‟s point of view, the purchase of shares in a Pty Ltd company may be an attractive option because: a. The investor has limited liability. b. The company has limited liability. c. Both the investor and the company have limited liability. d. The shares can...

IPMA-HR SENIOR CERTIFICATION EXAM 2024 WITH 100% CORRECT ANSWERS Competency - correct answer general capability that an individual transfers from one job or task to another 1997 Training and Development Article "Competency: the Next Generation Patricia McLagan's definition of competency - correct answer "attribute bundle" that may include combination of knowledge, skills, and attitudes (KSAs) as well as tasks, activities, outputs, or results What are the 4 IPMA Human Resources rol...