Fiduciary responsibility - Study guides, Class notes & Summaries
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Primerica Life Insurance Exam 2024 100% Passed
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Primerica Life Insurance Exam 2024 100% Passed 
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. nonprofit service organization 
d. stock - Answer ️️ -A. mutual 
funds not paid out after paying claims and other operating costs are returned to the po...
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NY Series 17-52 Questions and Answers 100% Pass
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NY Series 17-52 Questions and Answers 100% Pass 
How many eligible employees must be included in a contributory health insurance plan? 50% 
A man works for Company A and his wife works for Company B. The spouses are covered by health plans through their respective companies that also cover the other spouse. If the husband files a claim, The insurance through his company is primary. 
What is the period of coverage for events such as death or divorce under COBRA? 36 months 
Twenty-five days after ...
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MS Laws and Rules Questions and Answers Already Passed
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MS Laws and Rules Questions and 
 
Answers Already Passed 
 
An example of life insurance policy replacement would be which of the following? Cash 
surrender an existing life policy and purchasing a new life policy. 
 
Before holding a hearing regarding an agent's unfair or deceptive practice, the Insurance 
Commissioner MUST give how many days notice? 10 
 
B is a producer who primarily writes insurance business on his family. Which of the following is 
B engaged in? Controlled business 
 
Any...
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Texas Life Insurance Exam 2023 with 100% correct answers
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P completes an application for a $10,000 life policy, but does not give the producer the initial premium. P's coverage becomes effective when 
P receives the policy and pays the premium 
 
 
 
A potential client, age 40, would like to purchase a Whole Life policy that will accumulate cash value at a faster rate in the early years of the policy. Which of these statements made by the producer would be carrer? 
20-Pay Life accumulates cash value faster than Straight Life 
 
 
 
How does an indexed...
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Mississippi Insurance Test Questions and answers(fully comprehensive)100% accurate(DOWNLOAD TO PASS)
- Exam (elaborations) • 19 pages • 2024
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The Commissioner of Insurance in Mississippi is elected to office for a term of 
4 years 
 
 
 
The burden of proof for determining that a producer is representing an authorized insurer falls on 
The producer 
 
 
 
The fine the Commissioner may levy for violating any provision of the Insurance Code is 
$1000 
 
 
 
A foreign insurer 
An insurer formed under the laws of any state other than Mississippi would be known as 
 
 
 
Each of the following is true about the Mississippi Residential Prope...
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Michigan Property & Casualty Exam 2023/2024 with Complete Solutions
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Indemnity - ANSWER-a payment for damages or loss 
 
Risk - ANSWER-Uncertainty or chance of loss occurring 
 
Pure Risk - ANSWER-Presents the chance of loss with no opportunity for gain 
 
Speculative Risk - ANSWER-Presents the chance of loss with an opportunity to gain (Like Gambling) 
 
Exposure - ANSWER-a unit of measurement used to determine rates charged for insurance coverages. 
 
Hazards - ANSWER-Conditions or situations that increase the probability of an insured loss occurring. 
 
Peril ...
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Insurance license practice XCEL solutions FINAL EXAM #12 - Texas life only Questions with complete solution 2023
- Exam (elaborations) • 10 pages • 2023
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Insurance license practice XCEL solutions FINAL EXAM #12 - Texas life only Questions with complete solution 2023 
 
Question 1 
Which settlement option pays a stated amount to an annuitant, but no residual value to a beneficiary? - correct answer Life income 
 
Question 2 
A new agent must complete at least _____ hours of continuing education within 24 months of initial license? - correct answer 24 hours 
 
Question 3 
L takes out a life insurance policy and dies 10 years later. During the c...
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Colorado Accident & health laws state Exam simulator Questions and Answers
- Exam (elaborations) • 9 pages • 2023
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Colorado Accident & health laws state Exam simulator Questions and Answers 
 
 
Which of the following is an example of defamation? 
 A brochure including an untrue statement regarding a competitor's ability to pay claims 
 A truthful estimate of the dividends 
 A pamphlet listing a competitor's financial rating 
 A verbal statement of a competitor's complaint ratio A brochure including an untrue statement regarding a competitor's ability to pay claims 
 
Which of the following is an example...
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MCL5903 PORTFOLIO 2024 (DETAILED ANSWERS) - DUE 19 January 2024
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MCL5903 PORTFOLIO 2024 (DETAILED ANSWERS) - DUE 19 January 2024 100% TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . 
Question 1 (20 marks) Best Bank Ltd institutes an application for winding-up of Getaway Trucking (Pty) Ltd (‘Getaway’). The winding-up application is based upon a ‘without prejudice’ letter of reply from Getaway to a letter of demand by Best Bank Ltd. In terms of the letter of demand, Best ...
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FACHE Weeks 1-12 Combined | 304 Questions and Answers Latest Update 2023/2024 Graded 100%
- Exam (elaborations) • 161 pages • 2023
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FACHE Weeks 1-12 Combined | 304 Questions and Answers Latest Update 2023/2024 Graded 100%. Separate computer systems are often linked together in order to 
share data and information. When all components of the network 
are located within close proximity of one another, perhaps within 
a single facility, the network known as a: 
a) Wide Area Network (WAN) 
FACHE Weeks 1-12 Combined | 304 Questions and 
Answers 100% Verified Latest Latest Update 2023/2024 
b) World Wide Web (WWW) 
c) Local Area N...
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