Fl 2 15 insurance - Study guides, Class notes & Summaries

FL Life And Health Insurance 2-15 Study Exam (165 Questions) With Verified Answers

Florida 2-15 Life, Health, And Variable Annuities. State Of FL Exam Verified Questions And Answers Insurance Financial protection against loss or harm - An arrangement by which company gives customers financial protection against loss or harm such as theft or illness in return for premium payments. Life Insurance Is based on actuarial or mathematical principles and guarantees a specified sum of money upon the death of the person who is insured

If you change your address, how many days do you have to notify the board 30 How many hours of education is needed to sit for the acupuncture test 100 How many hours of CE is needed every 2 years 40 ___ hours in risk management are needed of which ____ hours are required for laws and rules 3, 2 how many hours are required for record keeping/documentation and coding 6 how many hours are needed in ethics 2 how many hours are needed in HIV/AIDS 3 ...

FL Life and Health Insurance 2-15 Study Exam (165 questions) correctly answered

Florida Insurance 2-15 Exam Terms (2-15 Life, Health, and Variable Annuities. State of FL Exam) Questions With Complete Solutions

FL 2-15 Practice | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ What type of insurance contract contains unequal contingencies on the potential for profit or loss on both parties in the contract? - Answer - Aleatory of contract There is an element of chance for both parties. Dollar given by policy holder (premiums) and the insurer (benefits) may not be equal Every licensee must notify the Department of Financial Services within ____ days after changing his or he...

Fl Life, Health and Annuities Licensing 2-15 exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ 3 ways insurance contracts are different than other legally binding documents - Answer -Number one. They are aleatory. Meaning the insured pays a premium but may not receive anything back. Number 2. They are contracts of adhesion meaning the contract was prepared by one party. number 3. They are unilateral meaning only the insurance company promises anything in the ...

FL 2-15 Insurance Chapter 1 Questions And Answers With Latest Quiz