From an insu - Study guides, Class notes & Summaries

What is a hazard? - ANSWER-An increase in the possibility that a loss might occur the purpose of insurance is to? - ANSWER-Transfer risk from a person, business, or organization to an insurance company that agrees to pay for losses in exchange for a premium. mutual company - ANSWER-type of insurance company in which the policyholder is considered an owner, with the right to vote and share in the profits. $50 - ANSWER-the renewal fee for a Louisiana producer license. b McCarran-Fergus...

Agent Thompson received a letter from the Department of Insurance asking her to provide proof of completing the continuing education requirements. Within how many days must Agent Thompson respond to the Department's inquiry? 20 30 10 45 - correct answer 10 days Abby lives in Ohio, where she is licensed as an insurance producer. She wants to apply for a nonresident license in Pennsylvania. Which of the following conditions must she satisfy? She must move to Pennsylvania. She must ...

CA life and Health: Life Insurance Basics (2024/2025) with Verified Solutions A family's need for income is greatest during the - Answer ️️ -Family Dependency Period Time after the insured has died, leaving a surviving spouse with dependent children to support. Which of the following would be least likely to be considered a legitimate need that would be paid by insurance proceeds? - Answer ️️ -Vacation travel expenses THere are many legitimate need-based expenses that can be paid ...

Drug is affected by many factors. All of the following affect drug action except: The patient's intelligence. the size and age other drugs the resident is taking time and route of adminstration - Correct Answer The patient's intelligence Which abbreviations are most likely to be found on an order for eye medication? IM, IV, SQ Stat, n.p.o., h.s. bid, qid, tid, qod OD, OU, OS, opth. - Correct Answer OD, OU, OS, opth. The drug name owned by the manufacturer is call...

Which type of hazard results from a physical condition that increases the likelihood of a loss occurring? A. physical harm B. Character Hazard C. moral hazard D. Morale Hazard - ANSWER A indifference to risk due to the fact that the insured has insurance - ANSWER morale hazard the potential for loss caused by the character of the individual - ANSWER moral hazard The section of a insurance contract that describes exactly which property or person is covered is the: A. declarations se...

RITE AID PTU: Unit Exam 5 with complete solution

Alabama Property and Casualty Sample Quiz 1-100 With Complete Answers Already Passed

accepting assignment - Correct Answer The agreement by a healthcare provider who participates in an insurance plan to accept the allowed charge as payment in full for services. allowed charge - Correct Answer The maximum amount that an insurer will pay for a service or procedure; also called "allowable," "maximum." assignment of benefits - Correct Answer The permission given by a policyholder that allows a third-party payer to pay benefits directly to the healthcare provider. ...

PMHNP Boards Scientific Foundation and Advance Practice Skills 212 Questions with Verified Answers Which of the following is a contraindication to benzodiazepines? a. Acute alcohol intoxication b. Acute narrow angle glaucoma c. Psychosis d. All the above - CORRECT ANSWER a. Acute alcohol intoxication In the pharmacological treatment of psychosis, when antipsychotics are administered, which block dopamine, a secondary effect is blocking in another tract, which causes potential prolactin...

The insurer and insured agree to a specific value of insured item - Answer Agreed Value Policies Someone who has care, custody or control of another's property - Answer Bailee Claim filed by policy holder against his _ - Answer First Party Claim When a person who entrusts another with an object and it results in injury to someone can be held liable for the injury to someone. Can be held liable for the injury i.e. Firearm or DWI - Answer Negligent Entrustment Hazard that results ...