Offset agreement - Study guides, Class notes & Summaries

The free-look period for a new Medicare Supplement policy is - 30 days Al surrenders his life insurance policy for its cash value. The total of the premiums paid into the policy minus total dividends received in cash or used to offset premiums is referred to as the - cost basis All of these are duties that a producer may be required to perform when delivering an insurance policy EXCEPT - leave a conditional receipt with client which of these would likely be considered an Unfair Claims S...

GTCC CH ANNUAL REFRESHER TRAINING EXAM 2024 Closed accounts may be reinstated as a _____________ account - correct answer Restricted It is not permitted to make unauthorized charges to "use up" a credit - correct answer True Reduced payment plan is a written agreement b/t cardholder and bank. It provides an alt to Salary Offset - correct answer True Standard Travel Cards must be deactivated when not in a travel status - correct answer False When the account is late between day...

Property and Casualty Insurance Exam – Georgia Questions and Answers 100% Pass BPP building coverage - Correct Answer ️️ -insures the building at the described location, outdoor, fixtures, furnitures, items used to service the property, permanently installed machinery and equipment, and additions under construction, including the materials, supplies, and equipment. HO limits of property at other residences - Correct Answer ️️ -the larger of $1000 or 10% Coverage C. Limit does no...

Government Program for GTCC CH Annual Refresher Training Exam Guide Closed accounts may be reinstated as a _____________ account - CORRECT ANSWER-Restricted It is not permitted to make unauthorized charges to "use up" a credit - CORRECT ANSWER-True Reduced payment plan is a written agreement b/t cardholder and bank. It provides an alt to Salary Offset - CORRECT ANSWER-True

Washington State portion (real estate exam) Questions with Accurate Answers Rebecca receives an earnest money deposit in the amount of $12,000. Which of the following statements best describes the deposit of this trust money? Rebecca may deposit it in the firm's regular trust account. Rebecca must deposit it in an individual trust account set up for just this client. Rebecca must deposit the funds in a non-interest bearing trust account. Rebecca must deposit the funds into a DOL sp...

Psychographic - Answer-This market segmenting involves studies of consumers based on their attitudes, lifestyles, and values. Demographic - Answer-This market segment refers to statistical data or information concerning a person's age gender income level occupation, etc Behavioral - Answer-This type of market segmentation is based on segmenting a market based on segmenting a market based on rate of use, shopping patterns or product benefits Geographic - Answer-This market segmentation ref...

GVPT170 Midterm Questions and Answers Already Graded A The purposes of government 1. maintain order - without government there will be disorder 2. provide for the general welfare - public goods are benefits and services available to everyone Social contract the agreement we make with our government to abide by rules and laws in exchange for government protecting our rights and welfare authority ability to make laws power getting someone to do something they would not otherwise do (enforcement...

2 types of Off Shore Reinsurers - ️️-domiciled outside the US and not governed by US regulations Bermuda Market - estimated 30% of reinsurance markets (3rd largest market in the world). -Benefits: 1. No income tax 2. Fewer restricitions on how Bermuda companies can invest their assets and deploy capital 3. Close proximity to the US London Market: famous for assuming many unusual and complex risks (lloyds) What are the Major Functions of Reinsurance? - ️️1. Increase Capacity 2. St...

Property and Casualty Insurance Exam – Georgia correctly answered 2023 rated A+BPP building coverage insures the building at the described location, outdoor, fixtures, furnitures, items used to service the property, permanently installed machinery and equipment, and additions under construction, including the materials, supplies, and equipment. HO limits of property at other residences the larger of $1000 or 10% Coverage C. Limit does not apply if property is moved because the residen...

CPCM Study Guide 2024 Trademark -Answer-word, name, symbol, or device that is used with goods to indicate the source of the goods and to distinguish from the goods of others. constructive acceleration -Answer-requirement that a contractor complete its work by a date earlier than one that would reflect the time extensions to which it's entitled because of an excusable delay. price analysis -Answer-process of examining & evaluating a price without the evaluation of the separate cost elemen...