Surrender and acceptance - Study guides, Class notes & Summaries

GA Life/Health Ins Exam Questions with 100% Correct A claiment wants to bring a recovery action against an insurance company for a loss claimed under a policy. The action must be brought a) Within 2 years. b) Within 3 years. c) Immediately. d) Only within 60 days. - Correct Answer ️️ -b) Within 3 years. Some states require a provision limiting the time parameters in which a claimant may seek recovery from an insurer under a policy. Georgia requires legal action to be brought forth ...

Arkansas Health Insurance Exam Q&A 2024 Verified In order for a contract to be valid, it must: - CORRECT ANSWER-Contain an offer & acceptance When does a nondisabled person first qualify for a Medicare Supplement Policy? - CORRECT ANSWER-Age 65 A life insurance company has transferred some of its risk to another insurer. The insurer assuming the risk is called the: - CORRECT ANSWER-Reinsurer A common exclusion with vision plans is: - CORRECT ANSWER-Lasik Surgery What are applicants st...

Constructive eviction - Answer Acts done or not done by the landlord which materially disturb or impair tenants occupancy so as the tenant is forced to leave Surrender and acceptance - Answer Mutual agreement to terminate lease The residential landlord and tenant act - Answer Covers leased structures used as home, residence or sleeping place. EXCLUDES nursing homes, lease to own, dorms, frats, resident managers homes Law of agency - Answer Statutory law controlling the rights an...

CALP (Certified Apartment Leasing Professional) PASSED Exam Questions and CORRECT Answers Abandon - Ans Intentionally and permanently give up, surrender, leave and desert or relinquish all interest or ownership in a property, a home, or other premises, or right of way. The word is often used in situations to determine whether a resident has left his/her apartment and the property inside and does not intend to come back. Acceptance - Ans Voluntarily receiving something that is offered...

NJ Accident and Health Producer Latest Update Graded A+ Life income joint and survivor settlement option guarantees... Income for 2 or more recipents A participating insurance policy may do which of the following:... Pay dividends to the policy owner What is TRUE about the cash surrender nonforfeiture option? Funds exceeding the premiums paid are taxable as ordinary income Participating Insurance policy will... pay dividends to the owner based upon mortality cost, interest earned an...

Constructive eviction Acts done or not done by the landlord which materially disturb or impair tenants occupancy so as the tenant is forced to leave Surrender and acceptance Mutual agreement to terminate lease The residential landlord and tenant act Covers leased structures used as home, residence or sleeping place. EXCLUDES nursing homes, lease to own, dorms, frats, resident managers homes Law of agency Statutory law controlling the rights and duties of clients (principals) and agents ...

Types of Licenses - ANSWER--Producers -Business entity producers -Nonresident producers -Temporary -Special Brokers -Advisers -Public insurance adjusters -Reinsurance Adjusters -Life settlement broker portable electronics insurance limited lines insurance Producers - ANSWER-is a general term applied to anyone who engages in the sale of insurance products. Producers must be licensed by the state in which they wish to sell insurance. Business entity producer - ANSWER-A requirement f...

ARKANSAS HEALTH INSURANCE 2024 EXAM || Questions & 100% Correct Solutions ARKANSAS HEALTH INSURANCE 2024 EXAM || Questions & 100% Correct Solutions In order for a contract to be valid, it must: - ANSWER - Contain an offer & acceptance When does a nondisabled person first qualify for a Medicare Supplement Policy? - ANSWER - Age 65 A life insurance company has transferred some of its risk to another insurer. The insurer assuming the risk is called the: - ANSWER - Reinsurer A common ex...

Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...