What is the transact Study guides, Class notes & Summaries
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West Virginia Laws and Rules Pertinent to Insurance Exam Study Questions and Answers Graded A 2024-2025
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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...
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LIRR Book of Rules Practice Exam Latest Updates Questions and Answers Correct
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LIRR Book of Rules Practice Exam Latest Updates Questions and Answers Correct 
 
__________ is of the first importance in the discharge of duty. 
Safety (1) 
__________ to the rules is __________ to safety. 
Obedience / essential (1) 
The company requires the _______, _________ and _________ discharge of duty by all employees. 
Faithful, intelligent, courteous (1) 
_________ _________, Effective ________ ________ and ________ ________ in the timetable supersede any rules with which they conflict...
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Arizona Life and Health Insurance Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A
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Arizona Life and Health Insurance Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A 
 
Q: Which statement concerning the Entire Contact provision in an individual accident and health insurance policy is TRUE? 
 
 
Answer: 
The agent doesn't have the authority to change the policy or waive its provisions 
 
 
 
Q: Under the Fair Credit Reporting Act, which statement is true? 
 
 
Answer: 
The consumer who was investigated must be advised that credit, insurance...
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California Property and Casualty Insurance Exam Questions and Answers 100% Pass
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California Property and Casualty Insurance Exam 
Questions and Answers 100% Pass 
What is the required rate discount under a Good Driver Discount policy? - Correct 
Answer ️️ -20% below the rate the insured would have been otherwise charged for the 
same coverage 
All the following are authorized activities for the Limited Automobile Insurance Agent 
EXCEPT if the agent - Correct Answer ️️ -Charges and collects a brokers fee for 
service 
What is the procedure for refusing uninsured moto...
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NC Life Insurance Exam Prep Questions and Answers Already Passed
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NC Life Insurance Exam Prep Questions and Answers Already Passed 
An agent who sells an individual life insurance policy in NC MUST deliver to the policyowner A policy summary and buyer's guide 
All of the following actions are considered rebating EXCEPT Sharing commissions with other licensed and appointed agents 
What benefit does the Payor Clause on a Juvenile Life Policy provide? Premiums are waived if payor becomes disabled 
An agent who signs a blank contract application or policy of insu...
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MI Life Insurance Exam FX snapshot Q & A With Complete Solutions
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What is insurance? correct answer: Insurance transfers the risk of loss from an individual or business entity to an insurance company, which in turn spreads the costs of unexpected losses to many individuals. 
 
What is risk? correct answer: Risk is the uncertainty or chance of a loss occurring. 
 
What is peril? correct answer: Perils are the causes of loss insured against in an insurance policy. 
 
What are the elements of insurable risk? correct answer: Loss must be 
1. due to chance 
2....
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life - colorado law exam questions and answers 100% pass
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life - colorado law exam questions and 
answers 100% pass 
Which type of insurer may pay dividends to policyholders? - Correct Answer ️️ -Mutual 
You must be licensed to sell all of the following EXCEPT: - Correct Answer ️️ -Travel 
accident 
To obtain a Colorado producer's license as a nonresident, you must: - Correct Answer ️️ 
-Have a similar license in your home state 
You need an insurance license to sell all EXCEPT: - Correct Answer ️️ -Prepaid Legal 
If, after a hearing, ...
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NY Series 17-52 Questions and Answers 100% Pass
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NY Series 17-52 Questions and Answers 100% Pass 
How many eligible employees must be included in a contributory health insurance plan? 50% 
A man works for Company A and his wife works for Company B. The spouses are covered by health plans through their respective companies that also cover the other spouse. If the husband files a claim, The insurance through his company is primary. 
What is the period of coverage for events such as death or divorce under COBRA? 36 months 
Twenty-five days after ...
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MD Insurance Exam – Life Questions and Answers 100% Pass
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MD Insurance Exam – Life Questions and Answers 100% Pass Accelrated Benefits Riders attached to life insurance policies which allow death benefits to be used to cover nursing or convalescent home expenses 
Accidental Death Benefits A policy rider that states that the cause of death will be analyzed to determine if it complies witht he policy description of accidental death 
Accumulation Period The time before an annuitant's retirement during which the annuitant is making 
Accidental Death Ins...
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MS Laws and Rules Questions and Answers Already Passed
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MS Laws and Rules Questions and 
 
Answers Already Passed 
 
An example of life insurance policy replacement would be which of the following? Cash 
surrender an existing life policy and purchasing a new life policy. 
 
Before holding a hearing regarding an agent's unfair or deceptive practice, the Insurance 
Commissioner MUST give how many days notice? 10 
 
B is a producer who primarily writes insurance business on his family. Which of the following is 
B engaged in? Controlled business 
 
Any...
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CON 3990 FAR Exam Practice Questions and Answers | Latest Update 2023/2024
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CON 3990 FAR Exam Practice Questions and Answers | Latest Update 2023/2024. FAR Part 2 -CORRECT ANSWER Definitions of Words and Terms 
FAR Part 3 -CORRECT ANSWER Improper Business Practices & Personal Conflicts of Interest 
FAR Part 4 -CORRECT ANSWER Administrative Matters 
FAR Part 5 -CORRECT ANSWER Publicizing Contract Actions 
FAR Part 6 -CORRECT ANSWER Competitive Requirements 
FAR Part 7 -CORRECT ANSWER Acquisition Planning 
FAR Part 8 -CORRECT ANSWER Required Sources of Supplies and Servic...
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