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WebCE Exam Questions with 100% Correct Answers Bundled Package

WebCE Exam Questions with 100% Correct Answers WebCE: Long-Term Care: Programs, Policies, and Partnerships Questions with Answers WebCE Practice Exams Questions with 100% Correct Answers WebCE General Insurance & Life Insurance Questions with Correct Answers WEBCE Practice Exam Questions with Corre...

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Webce Test Questions with 100% Correct Answers

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Which of the following situations presents a situation of pure risk? -knowing that his family is depending on him, frank wants to insure his life -wanting to increase his retirement savings, saul invests his life savings in the stock market -ralph takes a second mortgage on his house and uses t...

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Webce Life and Health Questions with 100% Correct Answers

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Representations and Warranties Correct Answer Representations are statements the applicant makes on an application that are deemed to be true to the applicant's best knowledge. Warranties are statements the insurer makes in the contract. Underwriting vs. Actuarial Departments Correct Answer Two ...

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WebCE Exam Questions with 100% Correct Answers

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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 Correct Answer C) The inab...

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WebCE Exam Questions with 100% Correct Answers

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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 ...

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WEBCE Practice Exam Questions with Correct Answers (A+ Paper)

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In general, what is the earliest age at which a person can take a distribution from a qualified plan without a tax penalty? Correct 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...

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WebCE Test 1 Questions with 100% Correct Answers

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Abby lives in Ohio, where she is licensed as an insurance producer. She wants to apply for a nonresident license in Pennsylvania. Which of the following conditions must she satisfy? She must move to Pennsylvania. She must surrender her Ohio license. She must be sponsored by a producer licens...

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WebCE General Insurance & Life Insurance Questions with Correct Answers

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Buying life or health insurance is an example of which risk management technique? risk avoidance risk reduction risk retention risk transfer Correct Answer risk transfer What is the mathematical concept of probability that helps insurers estimate the statistical likelihood of mortality or m...

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WebCE Practice Exams Questions with 100% Correct Answers

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Which medical plan covers doctor visits while the insured is in the hospital and physical therapy treatments following release from the hospital? limited medical policy basic hospital expense policy comprehensive major medical insurance supplementary major medical insurance Correct Answer comp...

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