And health insurance - Study guides, Class notes & Summaries

Accident - Answer-A sudden event, unforeseen and unintended Claim - Answer-A demand for payment under the insurance policy Absolute assignment - Answer-A transfer by the policy holder of all control and rights to a third party Accident and Sickness - Answer-Insurance against bodily injury, disability or death by accident, or against disability or expense resulting from sickness, and the insurance relating thereto Accidental Means - Answer-The unexpected cause of an accidental bodily injury....

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NJ HEALTH AND ACCIDENT INSURANCE ACTUAL EXAM QUESTIONS AND 100% CORRECT ANSWERS / NEW JERSEY HEALTH AND ACCIDENT EXAM 2024 WITH 300+ QUESTIONS AND ANSWERS What is the maximum fine for a producer violating an NJ insurance law for the first time? - ANSWER-$5000 A(n) _______ insurance company is one that was formed under the laws of a state other than NJ - ANSWER-Foreign Medicaid is a government-funded program designed to provide health care to - ANSWER-poor people When a producer, dom...

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The commissioner examines each insurer every ___ Years. - 5 years $____ fine per day if a person violates, aids, or abets a written cease and desist order - $10,000 License fee may request a hearing within ____ days of commissioners order. After hearing request, Commissioner has ____ days to hold the hearing. - 30 Days, 30 days All accident and health insurance policies must be filed with the commissioner at least ____ days prior to use - 60 days During Pre-licensing... ____ hours per maj...

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