Benzo

Fundamentals Of Insurance (BC) 117 Q&A/ . Insurance plays an important role in managing financial risk. The main purpose of Insurance is to: A. Enable the consumer to obtain loan or mortgage. B. Provide employment and investment capital. C. Allow spread of risk. D. Reduce losses through loss prevention and loss reduction. - Answer: C. Allow spread of risk. The additional rate or premium charged by the insurer to pay for additional perils insured under a commercial property insur...

Life Insurance Exam Questions & Answers/ A+ Score Solution. J has a life policy with the Guaranteed Insurability rider. J has just celebrated their 42nd birthday and realizes that she wants to use her rider and buy more death benefit. Which of the following will apply to J's request? A: The insurer will allow J to add more insurance without proving insurability. B: The insurer will allow J to add more insurance pending a paramedical exam. C: The insurer will deny J's request to add ...

Property and Casualty Insurance Exam/ 301 Quizzes & Certified Ans. Specific insurance - Answer: This type of insurance designates a particular item to be insured Blanket insurance - Answer: This type of insurance covers more than one item of property at a single location or one more item of property at multiple locations. Speculative - Answer: possibility of both gain and loss. Not insurable. Pure - Answer: only the possibility of loss. Insurable. Additional $25,000 to be assigne...

LIFE INSURANCE PRACTICE EXAM/ Qs & Ans/ A+ Score Solution. Insurable Receipt - Answer: The receipt given to a life insurance applicant when the application is completed and the initial premium is received is called a(n) Representations - Answer: Statements in the application for insurance that are believed to be true to the best of the applicant’s knowledge are Not taxable - Answer: Money borrowed from the policy's cash value is All annuities (Variable, Deferred & Equity Indexe...

INSURANCE / TERMS & COMPLETE DEFINITIONS 1. Actuary A person who compiles and analyzes statistics to calculate risk and determine insurance rates and premiums 2. Catastrophic Health insurance that provides protection against the high Health Insurance cost of treating severe or lengthy illness or disabilities and usually has a high deductible and lower premiums 3. CHIP Children's Health Insurance Program. A program that pro- vides low-cost health coverage to children in families...

HCCA - CHPC Study Questions (MASTER STUDY GUIDE) 302 Questions with Certified Solutions. What is the purpose of HIPAA? - Answer: • Protect PHI from unauthorized disclosure/use; • Prevent fraud, waste and abuse (via Administrative Simplification); • Make health insurance portable under ERISA; • Move health care onto a nationally standardized electronic billing platform Ref. More on HIPAA: HIPAA resides in which CFR section? - Answer: 45 CFR sections 164.102 through 164.534 ...

HCCA - CHPC Overview Exam/ 87 Quizzes with Certified Solutions. What is Organized Health Care Arrangement (OHCA)? - Answer: clinically integrated care setting where individuals receive health care from more than one health care provider. What is Affiliated Covered Entity? - Answer: legally distinct entities that share common control or common ownership and choose to designate themselves as one affiliated CE for the purposes of complying with the HIPAA Privacy standard What must a Affi...

CCEP Exam (Compliance) 128 Quizzes with Certified Ans What are the 7 elements of a Compliance Program? - Answer: 1. Standards of Conduct/Policies and Procedures, 2. Compliance Officer and Compliance Committee, 3. Education/Training, 4. Monitoring/Auditing, 5. Reporting and Investigating, 6. Enforcement and Discipline, 7. Response and Prevention A CFO discovers the CEO is using company funds for personal expenses. The CFO buried this information in the company's financial reports. The co...

Certified Compliance and Ethics Professional (CCEP) Certification Study Resources/ Q&A. A compliance and ethics program should include: 1. An employee benefits handbook 2. Document retention guidelines 3. Policies regarding confidentiality 4. A statement about the organization's culture A.) 1,2, and 3 only B.) 1, 2, and 4 only C.) 1, 3, and 4 only D.) 2, 3, and 4 only - Answer: D.) 2, 3, and 4 only A US-based retail company has 250 stores in 30 states. Past compliance eff...

BIO 340: Genetics Exam III (Mangone) 118 Q&A/ Already Graded A+. What is a gene? - Answer: Fundamental unit of inheritance Origin of the word "gene" - Answer: greek: genos (origin), and genesis (birth) Gregor Mendel Experiment - Answer: -pea plants -traits do not blend in offspring -traits are discreet, distinct entities Genetic material is - Answer: nucleic acid Which of the following statements best represents the central conclusion of the Hershey-Chase experiments? - Ans...