Webce exam stuvia Study guides, Class notes & Summaries

WebCE Exam Tutor Questions and Answers (Graded A) WebCE Exam Tutor Questions and Answers (Graded A) WebCE Exam Tutor Questions and Answers (Graded A)All of the following are eligible to purchase a group life insurance policy EXCEPT: the Wonderful Widget Company, which employs more than 200 people the State Electrical Workers Union the Retailers Multiple Employer Trust, formed by two retailers to purchase insurance for their employees Stan and his neighbors, who form their own gro...

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Life and Health Insurance Exam WEBCE with Complete Solutions Life and Health Insurance Exam WEBCE with Complete Solutions Life and Health Insurance Exam WEBCE with Complete Solutions Risk - ANSWER-Chance of loss Loss - ANSWER-Unplanned reduction of economic value Peril - ANSWER-cause of loss Hazard - ANSWER-a condition that increases the chance of peril Risk Transfer - ANSWER-buying insurance to shift the risk to insurance company Underwriting - ANSWER-assessing appli...

WebCE Exam Questions and Answers (Graded A) WebCE Exam Questions and Answers (Graded A) WebCE Exam Questions and Answers (Graded A) On what basis are benefits payable under a long-term care insurance policy typically triggered? A) the diagnosis of an acute medical condition B) the number and types of medications prescribed C) the inability to perform of medications prescribed D) all of the above - ANSWER-C) The inability to perform defined ADLs The inability to perform def...

Risk - ANSWER-Chance of loss Loss - ANSWER-Unplanned reduction of economic value Peril - ANSWER-cause of loss Hazard - ANSWER-a condition that increases the chance of peril Risk Transfer - ANSWER-buying insurance to shift the risk to insurance company Underwriting - ANSWER-assessing applicant to determine insurability Adverse Selection - ANSWER-people with greater risk of loss trying to buy insurance Mutual Companies - ANSWER-owned by policyholders and issue participating po...

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WEBCE Practice Exam 100 Questions and Answers 100% Accurate WEBCE Practice Exam 100 Questions and Answers 100% Accurate WEBCE Practice Exam 100 Questions and Answers 100% Accurate In general, what is the earliest age at which a person can take a distribution from a qualified plan without a tax penalty? - ANSWER-59 1/2 Carol was 35 when she bought her deferred annuity. Now, at age 38, she wants to withdraw funds from the contract to take a vacation. Carol is likely to encounter al...

WEBCE Exam Questions and Answers (Graded A)WEBCE Exam Questions and Answers (Graded A)WEBCE Exam Questions and Answers (Graded A)WEBCE Exam Questions and Answers (Graded A)Risk - ANSWER-chance of loss Loss - ANSWER-an unplanned reduction in economic value What risk is insurable? - ANSWER-pure risk What are the two types of risk? - ANSWER-pure risk and speculative risk

You have been invited to your niece's wedding reception, and the invitation requests an RSVP. You really don't want to go, and you could simply decline the invitation. But you respond that you will be in attendance, and you check her bridal registry to select an appropriate gift to bring. Your decision is based on - ANSWER-an area of manners; it would have been impolite to decline. Stefan's friends would agree that he has many vices. In describing Stefan's character, they would probably u...