Flat cancellation - Study guides, Class notes & Summaries

PSI practice health and accident Insurance exam Q&A which oft he following is a characteristic of preferred provider org (PPO) A: prearranged costs for services rendered B: providers receive a flat montlyh amount for each user C: ability to receive care at the same cost from any provider D: emergency treatment is restricted to pre-select hospitals - CORRECT ANSWER-A: prearranged costs for services rendered how do most disability policies handle the case of a recurrent disability at leas...

Property Insurance Covers my stuff (buildings and personal belongings). First party losses Property insurance pays the insured for covered losses to the property Third party losses occur when a person claims to have been injured by an insured, or when a person's property has been damaged by the insured's actions Casualty Insurance - Casualty = Liability - Always pay the other guy, never me - Third party losses: --First party: me (insured) --Second party: my insurer...

a driver who fails to stop for a police officer will receive - license suspension for min 5 years a flashing red beacon over an intersection means - you must come to a complete stop and move through the intersection only when it is safe to do so a fully licensed driver who talks, texts, types, dials or emails using hand-held cell phones and other handheld communications and entertainment devices face fines of up to...? - $1000 and 3 demerit points a novice driver convicted of distracted dri...

Property And Casualty NY License Study Summary Broker - acts on behalf of insured in negotiating insurance. they work for clients. have no binding authority- can't put risk in place Agent - acts on behalf of insurance company with whom they are contracted. signs contract. never work for clients only company. Agents binding authority 3 sources - Expressed- actual written agency contract Apparent- companies supplied signs, business cards, etc. Implied- accepting premiums after cancella...

©BRAINBARTER 2024/2025 PSI practice health and accident Exam Questions With Verified Answers. Which oft he following is a characteristic of preferred provider org (PPO) A: prearranged costs for services rendered B: providers receive a flat montlyh amount for each user C: ability to receive care at the same cost from any provider D: emergency treatment is restricted to pre-select hospitals - answerA: prearranged costs for services rendered how do most disability policies handle the case...

PSI practice health and accident Insurance exam Q&A which oft he following is a characteristic of preferred provider org (PPO) A: prearranged costs for services rendered B: providers receive a flat montlyh amount for each user C: ability to receive care at the same cost from any provider D: emergency treatment is restricted to pre-select hospitals - CORRECT ANSWER-A: prearranged costs for services rendered how do most disability policies handle the case of a recurrent disability at leas...

Which of the following statements is false with respect to requirements for rates? A) Rates may not be inadequate B) A purpose of the rate regulation is to diminish competition between insurers C) Rates may not be unfairly discriminatory D) A purpose of the rate regulation is to regulate cooperative action among insurers B The Businessowners Coverage Form to the Businessowners Policy provides coverage on which of the following basis? A) Modified Perils B) Simplified Perils C) Br...

PSI practice health and accident exam 2023/Answered/A+ Rated which of the following is a characteristic of preferred provider org (PPO) A: prearranged costs for services rendered B: providers receive a flat montlyh amount for each user C: ability to receive care at the same cost from any provider D: emergency treatment is restricted to pre-select hospitals A: prearranged costs for services rendered how do most disability policies handle the case of a recurrent disability at least 90 day...

Duties of the insurer found in property policy conditions include all of the following EXCEPT a) Return any premiums to the insured. b) Notify the insured in the event of financial difficulty. c) Pay covered losses. d) Provide advance notice of cancellation. correct answer: B According to the appraisal condition of a homeowners policy, what procedure may be followed if the insurer and insured do not agree as to the size of a loss? a) The policyholder is allowed to hire an appraiser, and...

which oft he following is a characteristic of preferred provider org (PPO) A: prearranged costs for services rendered B: providers receive a flat montlyh amount for each user C: ability to receive care at the same cost from any provider D: emergency treatment is restricted to pre-select hospitals - Answer- A: prearranged costs for services rendered how do most disability policies handle the case of a recurrent disability at least 90 days after the first claim: A: it is handled as a conti...