Insurances - Study guides, Class notes & Summaries

Test Bank For Medical Insurance: A Revenue Cycle Process Approach, 9th Edition All Chapters

Louisiana Life, Health & Accident Insurances Exam Questions and Complete Solutions

WEBCE INSURANCE TEST ACTUAL EXAM NEWEST VERSION ACTUAL TESTBANK 256 QUESTION AND CORRECT DETAILED VERIFIED ANSWERS FROM VERIFIED SOURCES BY EXPERT RATED A GRADE.

what would be the disadvantage of naming a trust as a beneficiary of a life insurance policy trusts cannot be formed for life insurance purposes trust administrations fees would reduce policy proceeds trusts cannot be used if a minor is the beneficiary trustee must be a bank or brokerage - trust administrations fees would reduce policy proceeds a life insurance policy that includes a return of premium rider will pay the beneficiary how much upon the insured death total premiums paid plus ...

Awareness Provision - ️️A policy provision that allows insureds to notify the insurer of circumstances they believe will give rise to future claims (also called the notice of potential claim or circumstance or the discovery clause) Claims-Made Policy - ️️A form of liability coverage that is triggered IF (1) an event takes place after the retro date but before the expiration of coverage and (2) the claim is made against the insured while the policy or any applicable Extended Reportin...

How did the enactment of ERISA change the professional liability insurance industry? - ️️Fiduciary liability existed before ERISA. However, this type of insurance was not offered until after ERISA was enacted. ERISA imposed guidelines that increased the potential liability of fiduciaries of employee benefits plans. Consequently the need for this insurance emerged. A person or organization is a fiduciary if that person or organization holds the confidence or trust of another, especially...

Florida Health 240 Insurance Questions And Answers 100% Guaranteed Success. Rules of Construction - correct answer. Help to identify and establish the intent of the parties to the contract Utmost good faith - correct answer. Each party is entitled to rely on the representation of the other, and each party should have a reasonable expectation that the other is acting in good faith without attempts to conceal or deceive. Aleatory Contract - correct answer. A cont...

What are the lesson categories in the Best Practices course? - Correct Answer-General coding Early problem detection Cloud specific What are some of the benefits of having best practices and standards? - Correct Answer-Best practices and standards: - Produce standardized solutions - Ensure stability and integrity of custom code - Improve performance - Reduce rework and wasted effort - Save on maintenance - Promote security - Facilitate upgrades Indicate whether this is a best prac...

Health Insurance State Exam Simulator Guaranteed Success Which of the following does Social Security NOT provide benefits for? ️Dismemberment The Affordable Care Act (ACA) provides health coverage to dependents up to the age of: ️26 What is the excise tax rate the IRS imposes on individuals aged 70 1/2 or older who do not take the required minimum distributions from their qualified retirement plan? ️50% Which of the following statements is correct regarding an employer/employee g...

Characteristic of a Product Owner - Correct Answer-- Voice of customer - Share the vision with Dev team - Not involved in actual writing of requirements - Business authority in making decisions - Responsible for signing off on user stories and defects. Characteristic of a Scrum master - Correct Answer-- removing roadblocks/impediments - Facilitates the agile process - Enables self organization and hyper productivity - a leader who assists with gathering requirements, configuration...