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ExamFx Bundled Exams with Complete Solution | Verified Answers | 2024 $40.49   Add to cart

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ExamFx Bundled Exams with Complete Solution | Verified Answers | 2024

ExamFx Bundled Exams with Complete Solution | Verified Answers | 2024

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Life and Health Insurance Study Guide ExamFX | 100% Correct Answers | Verified | Latest 2024 Version

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An insured pays a $100 premium every month for his insurance coverage, yet the insurer promises to pay $10,000 for a covered loss. What characteristic of an insurance contract does this describe? - Aleatory: an aleatory contract means unequal amounts are exchanged between payments and benefits W...

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Exam FX Property and Casualty Insurance Practice Exam | 100% Correct Answers | Verified | Latest 2024 Version

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The causes of loss insured against in an insurance policy are known as - Perils Before an insurer will pay any loss under a policy, what is usually required from the insured? - Proof of loss An insured works outside the home. The insured's sister lives with him and cares for his four children. ...

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ExamFX Guarantee Exam | 100% Correct Answers | Verified | Latest 2024 Version

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which of the following would NOT be considered limited coverage policy? a. accident-only insurance b. travel policy c. major medical expense insurance d. special risk policy - c. major medical exoense insurance limited policies cover only expense incurred from specific diseases, or specific cau...

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ExamFx Property and Casualty Exam | 100% Correct Answers | Verified | Latest 2024 Version

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To be considered an insurable risk, a loss may NOT be - catastrophic Which of the following persons would be required to hold a producer license? - a nonresident agent who negotiates insurance contracts Which of the following is the oldest known type of insurance? - ocean marine The contents cov...

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EXAM FX Simulated Test | 100% Correct Answers | Verified | Latest 2024 Version

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Which of the following policies does NOT contain an automatic reinstatement provision? a) Business automobile liability b) Personal automobile liability with split limits c) Homeowners d) General liability written with an aggregate limit - General Liability written with an aggregate limit The A...

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EXAMFX SIE Questions & Answers | 100% Correct Answers | Verified | Latest 2024 Version

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What is the maximum amount of SIPC coverage available to each separate customer? - $500,000 including up to $250,000 in cash If a customer purchases securities and does not settle the account 4 business days, what should the brokerage firm do first? - Ask for an extension of time from the SRO or ...

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