North carolina insurance - Study guides, Class notes & Summaries

commissioner - ANSWER-The CEO of the Insurance Department Alien Company - ANSWER-an insurance company domiciled (headquartered) outside of the USA. ex: Brazil, Italy, Japan Domestic Company - ANSWER-an insurance company domiciled in North Carolina. Foreign Company - ANSWER-an insurance company domiciled in any other state (but not in North Carolina) Contract of insurance - ANSWER-Insurer is bound to pay more money or its equivalent or do some act of value as an indemnity or reimbur...

NC NORTH CAROLINA INSURANCE ADJUSTER EXAM 2024 (QUESTIONS WITH CORRECT ANSWERS) GUARANTEED PASS

NORTH CAROLINA INSURANCE ADJUSTER EXAM 2024 | 2 CURRENTLY TESTING EXAM WITH 100 ACCURATE QUESTIONS AND ANSWERS EACH WITH A STUDY GUIDE | EXPERT VERIFIED FOR GUARANTEED PASS | ALREADY GRADED A

Insured Contingent Beneficiary - Answer If the insured and primary beneficiary are both killed in the same accident and it cannot be determined who died first, where are the death proceeds to be directed under the uniform Simultaneous Death Act? Reimbursement - Answer Which type of policy pays benefits to a policyholder covered under a Hospital Expense policy? $25,000 - Answer J has an Accidental Death and Dismemberment policy with a principal sum of $50,000. While trimming the hedge...

P is a producer who notices 5 questions on a life application were not answered. What actions should P take? - Set up a meeting with the applicant to answer the remaining questions Which of the following does Social Security NOT provide benefits for? - Dismemberment An Accident/Health policyholder has ____ days to return the policy and receive a full refund on premiums - 10 Under a Renewable Term policy, - the renewable premium is calculated on the basis of the insured's attained age Whi...

Who does an insurance broker in North Carolina Represent - Insured Which of the following does Social Security NOT provide benefits for - dismemberment K completes an application for disability policy but does not pay the initial premium. The company approves the policy standard and the agent delivers the policy. K then pays her initial premium 3 days later. At what point does k's policy take effect. - Date the initial premium is collected What is the primary factor that determines the benef...

P is a producer who notices 5 questions on a life application were not answered. What actions should P take? - Set up a meeting with the applicant to answer the remaining questions Which of the following does Social Security NOT provide benefits for? - Dismemberment An Accident/Health policyholder has ____ days to return the policy and receive a full refund on premiums - 10 Under a Renewable Term policy, - the renewable premium is calculated on the basis of the insured's attained age Whi...

CPCU 500 Exam Questions and Answers Managing Evolving Risks with Complete Solutions. Which one of the following statements about the use of drones is true? correct answers Drones may be equipped with cameras that relay data in real-time Which one of the following uses infrared light to detect nearby objects? correct answers Lidar AMRM Insurance Company sells insurance in Virginia, North Carolina, South Carolina, and Georgia. The company has compiled a policyowner data base that can be used ...

NORTH CAROLINA HEALTH INSURANCE EXAM

NORTH CAROLINA HEALTH INSURANCE EXAM