CA Life Accident & Health Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed

Insurance is defined as? -:- A contract whereby one undertakes to indemnify another against loss, damage, or liability arising from a contingent or unknown event. A written instrument in which a contract of insurance is set forth is the? An agreement between the insurer and the insured, the pe...

During the underwriting process for a group health policy, it was discovered that 15 out of 50 members of the group have major health issues. How would the insurer handle this? -:- Accept or reject the whole group Which of the following is a type of insurance where and in sure transfers loss ex...

An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy? a. mutual b. reciprocal c. no...