Solicitation of insurance - Study guides, Class notes & Summaries
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Missouri Life and Health Insurance Correct 100%
- Exam (elaborations) • 26 pages • 2024
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Insurance transaction includes: - ANSWER By mail or other means: 
- Solicitation 
- Negotiation 
- Sale 
- Advising an individual about coverage 
 
Elements of a legal contract - ANSWER -Agreement (offer and acceptance) 
- Consideration 
- Competent parties 
- Legal purpose 
 - Negotiation does NOT need to happen 
 
Who make the offer in an insurance application - ANSWER - Applicant 
 
When does acceptance take place - ANSWER - An insurers underwriter approves the application and issues a pol...
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Nevada Life and Health Insurance Final Exam Questions and Answers Rated A+
- Exam (elaborations) • 28 pages • 2024
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Nevada Life and Health Insurance Final 
Exam Questions and Answers Rated A+ 
 
What is an individual engaged in the solicitation, negotiation, or sell of funeral expense 
insurance who is required to be licensed by the state? Prepaid funeral contract agent 
 
Which of the following does the Nevada Insurance Commissioner NOT do? Make statutes 
concerning insurance law 
 
Nick has a policy that the insurer can cancel when he turns 65. Which type of policy is it? 
Conditionally renewable 
 
Which o...
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New Jersey Laws and Rules Questions and Answers 100% Pass
- Exam (elaborations) • 29 pages • 2024
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New Jersey Laws and Rules Questions 
 
and Answers 100% Pass 
 
An agent is required to keep replacement forms on file for at least ____ years. 5 
 
Maria the agent would like to advertise an annuity product on a highway billboard. which of the 
following must be included in the advertisement? Her name 
 
Employer sponsored group health insurance provides coverage for which of the following? 
Alcoholism 
 
Advertising regulations exist to Assure full and truthful disclosures to the public 
 
An ...
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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers,100% CORRECT
- Exam (elaborations) • 75 pages • 2023
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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers 
 
Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities 
 
CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads 
 
Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...
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Missouri Life and Health Insurance verified already passed
- Exam (elaborations) • 37 pages • 2024
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Missouri Life and Health InsuranceInsurance transaction includes: - correct answer By mail or other means: 
- Solicitation 
- Negotiation 
- Sale 
- Advising an individual about coverage 
 
Elements of a legal contract - correct answer -Agreement (offer and acceptance) 
- Consideration 
- Competent parties 
- Legal purpose 
 - Negotiation does NOT need to happen 
 
Who make the offer in an insurance application - correct answer - Applicant 
 
When does acceptance take place - correct answer -...
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Study Guide for OHIO Life Insurance Exam 2024 Final Q&A
- Exam (elaborations) • 22 pages • 2024
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Study Guide for OHIO Life Insurance 
Exam 2024 Final Q&A 
Insurance: - CORRECT ANSWER-A contract in which the insurance company agrees to 
indemnify the insured party against loss, damage or liability arising from an unknown 
event. 
Insurance Transfers: - CORRECT ANSWER-The risk of loss from an individual or 
business entity to an insurance company, which in turn spreads costs of unexpected 
losses to many individuals. 
Direct response marketing: - CORRECT ANSWER-A direct response marketin...
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Texas Life Insurance Exam Questions and Answers with Complete Solutions
- Exam (elaborations) • 16 pages • 2024
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Insurance 
(General concept) - - transfers the risk of loss from an individual to an insurer 
- based on the principle of indemnity 
- based on the principle of risk (risk pooling) 
insurable interest 
(General Concept) - - must exist at the time of the application 
- insuring one's own life, family member, or a business partner 
Solicitation and sales presentation - - illustration- presentation of nonguaranteed elements 
- buyer's guide is generic information about life polices which must be ...
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Missouri Life and Health Insurance Questions and Answers 100% Solved
- Exam (elaborations) • 37 pages • 2024
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Missouri Life and Health Insurance 
Questions and Answers 100% Solved 
Insurance transaction includes: ️️By mail or other means: 
 
- Solicitation 
- Negotiation 
- Sale 
- Advising an individual about coverage 
Elements of a legal contract ️️-Agreement (offer and acceptance) 
- Consideration 
- Competent parties 
- Legal purpose 
- Negotiation does NOT need to happen 
Who make the offer in an insurance application ️️- Applicant 
When does acceptance take place ️️- An insurers...
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NY Life, Accident, and Health Insurance Agent Broker Exam Series 17-55 with Questions and Answers (2024 / 2025) 100% Guarantee Pass
- Exam (elaborations) • 149 pages • 2024
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1.	Process 2103 (d-i) 
ANS 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. 
2.	Produce...
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NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55 Already Passed
- Exam (elaborations) • 49 pages • 2024
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NY Life, Accident, and Health Insurance Agent/Broker 
Exam Series 17-55 Already Passed 
Process 2103 (d-i) - 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....
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