Contracts of adhesion - Study guides, Class notes & Summaries

ACA Final Exam Questions and Answers 100% Pass At the end of this course, you must do which of the following? Pass the final course exam with a scored of 70% or higher Print your certificate from this website Apply for your Insurance Adjuster license at the Florida Department of Financial Services website at All of the above All of the above Which of the following is NOT one of the duties of the Department of Financial Services? License adjusters Set rates and write pol...

The largest vein in an animal's body is: - Answer- vena cava If immature neutrophils are observed in peripheral blood, the condition is called a: - Answer- left shift What type of cell is responsible for immunity against intracellular pathogens? - Answer- T-Lymphocytes The ductus arteriousus in a fetus allows blood to flow directly: - Answer- into the aorta from the pulmonary artery During hemostasis, which process occurs first? - Answer- Platelet adhesion Jaundice (icterus) coul...

which of the following statements are true? Statement One: Pure Risk is only the chance of financial loss. Statement Two: Speculative Risk is the chance of loss or gain. both statements are true Insurance companies are required to provide _____ day notice of either policy Renewal or Non-Renewal. 45 __________ is by and large when a property is without occupant or contents (entirely and materially empty). vacancy All of the following are true regarding "contracts of adhesion" E...

LIFE, HEALTH & VARIABLE ANNUITY (2-15 EXAM) QUESTIONS AND ANSWERS LATEST UPDATE 2024/2025 (100% Solved) An owner is worried that employees will help themselves to products on the shelf without paying for them. This is an example of what type of hazard? - CORRECT ANSWERS Moral Hazard Won't fly an airplane, never drives a car and keeps money out of the stock market is known as what type of risk ? - CORRECT ANSWERS Risk Avoidance Only pure risk is insurable. TRUE or FALSE? - CORRECT ANSWERS T...

Adjuster Pro - Florida Certified Adjuster Glossary Exam Prep 2023. Accumulated Depreciation - ANSWER The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) - ANSWER A valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Formula: (Replacement cost - Accumulated Depreciation) Adhesion - ANSWER One of the characteristics of an insurance contrac...

Exam Questions 2-20 Units 1-17 Questions and Answers 100% Pass True or False? An applicant for the 2-20 General Lines Agent License can seek the license for the purpose of writing "controlled business". - Correct Answer ️️ -False An applicant must not be seeking to obtain the 2-20 General Lines Agent License for the purpose of writing "controlled business"; this is specifically excluded. An applicant for the 2-20 General Lines Agent License must show that the application is at lea...

GA LIFE ACCIDENT AND SICKNESS EXAM QUESTIONS AND ANSWERS At what point must a life insurance applicant be informed of their right that fall under the fair credit reporting act? - Correct Answer ️️ -Upon the completion of the application A Group owned insurance company that is formed to assume and spread the liability risks of its members is known as a: - Correct Answer ️️ -Risk retention group Who elects the governing body of a mutual insurance company - Correct Answer ️️ - Po...

Insurance policies are offered on a "take it or leave it" basis, which make them a. Conditional Contracts b. Aleatory Contracts c. Unilateral Contracts d. Contracts of Adhesion - Answer d. Contracts of Adhesion All of these statements about Equity Indexed Life Insurance are correct EXCEPT a. Cash value has a minimum rate of accumulation b. If the gain on the index goes beyond the policy's minimum rate of return, the cash value will mirror that of the index c. The premiums can ...

Adjuster Pro - Insurance Adjuster Test Questions and Answers Already Passed What is insurance? protection against financial loss what is a premium a scheduled amount to be paid for an insurance policy. What are premiums used for premiums are collected into a "pool" or "reserve to pay out claimants when needed. how can insurance companies afford to pay for an individuals catastrophic loss? the insurer collects premiums from all policy holders and uses them to pay out the claims ...

Exam Questions 2-20 Units 1-17 Questions and Answers 100% Pass True or False? An applicant for the 2-20 General Lines Agent License can seek the license for the purpose of writing "controlled business". - Correct Answer ️️ -False An applicant must not be seeking to obtain the 2-20 General Lines Agent License for the purpose of writing "controlled business"; this is specifically excluded. An applicant for the 2-20 General Lines Agent License must show that the application is at lea...