Authorized insurer - Study guides, Class notes & Summaries
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Georgia Adjuster Exam Questions and Answers Already Passed
- Exam (elaborations) • 36 pages • 2023
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Georgia Adjuster Exam Questions and Answers Already Passed 
An insured's business is damaged because of a fire and he is forced to close business temporarily for repairs. As a result the insured lost income. What type of loss is this? Consequential also known as Indirect Loss 
The insured crashes into a porch and the person sitting on the porch. The person on the porch is injured. The insured's insurance policy has a limit set at $500,000. This amount applies to the total of damages for any bo...
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South Carolina Life Insurance Producer Exam Questions and Answers 2023
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South Carolina Life Insurance Producer Exam Questions and Answers 2023 
 
Producer - ANSWER Independent Insurance Agents also known as insurance sales agents that typically sell a variety of Insurance and financial products. 
 
resident producer - ANSWER An agent who holds an insurance license in the state in which they live 
 
non-resident producer - ANSWER Agents who hold an insurance license in a different state than the one they live 
 
Broker - ANSWER agents that work on behalf of life insu...
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Hawaii Adjuster Exam Completely Verified Answers
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Which of the following statements is NOT TRUE regarding the "Extended Period of Indemnity" option of the Business Income form? - ANSWER-The coverage applies for 120 days following the period of restoration 
 
When a Hawaii employee sustains an injury requiring medical treatment beyond first aid, how long does the employer have to report the accident to the Director of Labor and Industry relations? - ANSWER-7 working days 
 
After paying a claim an insurance company may have the right to pursue...
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PSI - LIFE, ACCIDENT, AND HEALTH –FULL| Questions and Answers, 100% Verified| Latest 2023/2024
- Exam (elaborations) • 25 pages • 2023
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PSI - LIFE, ACCIDENT, AND HEALTH –FULL| Questions and Answers, 100% Verified| Latest 2023/2024 
PSI - LIFE, ACCIDENT, AND HEALTH – 
FULL| Questions and Answers, 100% 
Verified| Latest 2023/2024 
What happens under a misstatement of age clause on a disability policy? 
1. 
The policy would be terminated and all premiums would be returned to the policy 
owner. 
2. 
The policy would be terminated and all premiums would be retained by the 
insurance company. 
3. 
All amounts payable under t...
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Test take 2 The Texas Property and Casualty Insurance Guaranty Association pays covered claims against which of the following? A Denied Workers' Compensation claims B Labor associations C Insolvent insurers D Unauthorized insurance companies (100% corr
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The Texas Property and Casualty Insurance Guaranty Association pays covered claims against which of the following? 
 
A 
Denied Workers' Compensation claims 
 
B 
Labor associations 
 
C 
Insolvent insurers 
 
D 
Unauthorized insurance companies correct answers c 
 
The supplemental tail requires an annual premium 
 
B 
The basic extended reporting period allows a claim to be reported after the policy period for a specified number of days 
 
C 
The basic extended reporting period does not incre...
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NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55| 200 QUESTIONS| GRADED A
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Process 2103 (d-i) Correct Answer: 1. The Superintendent may issue a license to any person, firm or corporation who has complied with the requirements of the Insurance Code, authorizing the licensee to act as agent of any authorized insurer. Every individual applicant for a license under this section and every proposed sub-licensee must be 18 years of age or older at the time of issuance of such license. The person must submit to and pass a written examination required by the Superintendent. 
 ...
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WV Life Insurance Laws and Rules Exam Guide 2024
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Examination of Records - The Commissioner can examine anyone in the business of insurance in the state at anytime. A company shall be examined every 5 years. 
 
Notice and Hearing - the Commissioner may call and hold hearings for any purpose deemed necessary. 
 
Insurance Commissioner - the commissioner may conduct investigations or examinations whenever deemed necessary, subpoena the witnesses to testify. 
 
cease and desist order - the commissioner may issue this order to any person committed ...
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primerica exam review Questions and Answers 2023
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primerica exam review Questions and Answers 2023 
If an insurer meets the state's financial requirements and is approved to transact business in the state, it is considered to be 
Authorized 
 
 
 
A participating insurance policy may do which of the following? 
Pay dividends to the policy owner 
 
 
 
An insured owns a life insurance policy. To be able to pay some of her medical bills, she withdraws a portion of the policy's cash value. There is a limit for a withdrawal and the insurer charge...
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South Carolina Property and Casualty Questions and Answers with Verified Solutions
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ISO Insurance Service Office 
To be licensed as a insurance producer in this state an individual must meet the following minimum 
qualifications: be at least 18 years old; Be of good moral character; have not been convicted 
of any felony or crime for the last 10 years that can be a ground for denial,suspension, or revocation 
of a license; Pass the required license examination; Pay the license fee of $25.00 
Agency license must contain the licensee's name, address, personal identification numb...
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PA Motor Vehicle Damage Appraiser's License Questions and Answers 100% Pass
- Exam (elaborations) • 8 pages • 2023 Popular
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PA Motor Vehicle Damage Appraiser's License Questions and Answers 100% Pass Applicant Age 18 years or older 
How long do you have to wait to be eligible to retake an examination if you fail? 30 days 
The Commissioner will prescribe the form of the appraiser's license and it will contain: Name of the appraiser Address of the appraiser's place of business Date of issuance and expiration date of license Any other information which the commissioner determines is necessary 
Experience and Fitness ...
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