Misrepresentation - Guides d'étude, Notes de cours & Résumés

FLORIDA CLAIMS ADJUSTER EXAM, 6-20 ALL LINES ADJUSTER- FLORIDA-REVIEW / 330+ ACTUAL EXAM QUESTIONS AND ANSWERS WITH CERTIFIED RATIONALES (A+ GUIDE SOLUTION) NEWEST 2025/2026 Terms in this set (332)  Peril Something that causes a loss. Hazard Something that increases the probability that a loss will occur. Warranty A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. Misrepresentation An untrue st...

The West Virginia Insurance Commissioner attains office in which of the following ways? - Gubernatorial appointment (Governor of WV) An offer of life insurance by an insurance company in West Virginia to individuals who are personally invited to apply on the basis of the offer is known as what type of solicitation? - Direct response When a producer is soliciting a client to effect a contract of insurance, the producer is engaged in - transacting insurance Courses are approvedfor continu...

Colorado Health Insurance Exam | Questions and Verified Answers | 100% Correct (2024 / 2025) Question: A group policy issued to a newspaper or other publisher to cover its carriers is referred to as which of the following types of policies? A.Salary Continuation B.Structured Settlement C.Disability D.Blanket A & H Answer: D Question: An individual may obtain a temporary insurance producer's license without passing the licensing examination if the individual: A.is a deceas...

he policy that governs expectations regarding behavior is the - Personal conduct policy An effective risk management policy has three components. - Personal Responsibility, Education, Prevention The guidelines regarding the use of communications tools are contained in the. - Electronic Media Usage Policy Who is responsible for implementing risk management protocols? - Brothers What is are elements of a viable risk management policy - Checks and balances Regional Risk ManagementOfficers ar...

The initial amount of credit life insurance may NOT exceed A-The borrower's annual income. B-The amount to be repaid under the contract. C-An amount set by statute and adjusted regularly for inflation. D-The borrower's monthly income. - Answer B This state provided for a temporary license for all of the following EXCEPT A-A producer's time in the military service. B-A producer's retirement. C-The death of a producer. D-A producer's disability. - Answer B Agents who persuade insure...

NYC Home Improvement Exam Latest Update 2024 Actual Exam NYC Home Improvement Exam DOB - ANSWER Department of Buildings DCA - ANSWER Department of Consumer Affairs DOT - ANSWER Department of Transportation What is home improvement? - ANSWER The construction,repair, replacement, remodleing, alteration, comversion, rehabilitation, renovation, modernization, improvement, or addition to any land or building or any part of the land or building used or designed to be used ...

1/50 Under which of the following circumstances would the client and agent most likely mutually agree to terminate a listing? a A buyer approached the seller with a much higher offer than the current listing price. b The agent and client don't agree on the best way to price, maintain, and market the property. c The client has found a buyer and wants to avoid paying a commission. d The client's cousin just became licensed and needs her first listing. - ANSWER b The agent and client don't a...

FLA 0214 Final Exam/ 100% VERIFIED/ Common Disaster Clause provides that if both the insured and the sole named beneficiary were to die in a common accident, which of the following is true? - CORRECT ANSWER - This clause provides the payment of proceeds to the insured's estate Under a life insurance policy the ___ has the authority to name the beneficiary? - CORRECT ANSWER - owner B recently died and was insured with a life insurance policy for over five years. During the claims proce...

PA Property & Casualty License Practice Exam Questions and Answers Already Passed An exclusion that states that an insurer will not pay any claim in which an individuals property is damaged as a result of an earthquake, mudslide, landslide, or sinkhole. an Earth movement exclusion An exclusion that states that an insurer will not pay any claim in which an individuals property is damaged as a result of the fact that the individual did not maintain the property. Neglect exclusion ...

Ohio Property and Casualty Exam Questions & Answers 2023-24 What do individuals use to transfer their risk of loss to a larger group? - ANSWER-Insurance What are the four elements of an insurance contract? - ANSWER-Agreement (Offer and Acceptance), Consideration, Competent parties, and legal purpose. In the agent/insurer relationship, who is considered the principal? - ANSWER-Insurer Insurance contracts are aleatory in nature. What does that mean? - ANSWER-Unequal values are exchan...