Wisconsin insurance exam - Study guides, Class notes & Summaries
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Wisconsin Insurance Exam 2024/2025 Questions with 100% Correct Answers
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Wisconsin Insurance Exam 2024/2025 
Questions with 100% Correct Answers 
Adverse selection - Trying to get a policy for events that are already occurring, or 
are knowingly going to happen (Life insurance policy before committing suicide, home 
insurance while a fire is destroying home, etc) 
Aleatory - A contract in which the consideration or monetary value between the 
parties is not equal 
The policy holder pays a premium and may collect nothing from the insurer is no loss 
occurs; h...
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PSI Life Exam/Answered/Graded A+/Latest 2023/2024
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PSI Life Exam/Answered/Graded A+/Latest 2023/2024 
What kind of retirement plan can a 75-employee for profit corporation establish? 
Simple IRA 
The taxable portion of a monthly income benefit paid during the annuity phase 
from a nonqualified annuity is calculated using the 
Exclusion ratio 
Unfair claims settlement methods and practices by an insurance company include 
all of the following acts EXCEPT 
failure to pay all claims that are reported within 90 days after a loss occurs 
The settle...
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WISCONSIN ACCIDENT AND HEALTH INSURANCE EXAM | 2 ACCURATE CURRENTLY TESTING VERSIONS WITH ACCURATE REAL EXAM QUESTIONS AND VERIFIED ANSWERS 2024/2025 | EXPERT VERIFIED FOR GUARANTEED PASS
- Exam (elaborations) • 47 pages • 2024
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WISCONSIN ACCIDENT AND HEALTH INSURANCE EXAM | 2 
ACCURATE CURRENTLY TESTING VERSIONS WITH 
ACCURATE REAL EXAM QUESTIONS AND VERIFIED 
ANSWERS 2024/2025 | EXPERT VERIFIED FOR GUARANTEED 
PASSWISCONSIN ACCIDENT AND HEALTH INSURANCE EXAM | 2 
ACCURATE CURRENTLY TESTING VERSIONS WITH 
ACCURATE REAL EXAM QUESTIONS AND VERIFIED 
ANSWERS 2024/2025 | EXPERT VERIFIED FOR GUARANTEED 
PASS
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WISCONSIN INSURANCE EXAM QUESTIONS WITH VERIFIED ANSWERS
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WISCONSIN INSURANCE EXAM QUESTIONS WITH VERIFIED ANSWERS
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Wisconsin Life Insurance Exam @ 2023
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Wisconsin Life Insurance Exam @ 2023...
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Wisconsin Insurance Exam | Questions and Answers with complete
- Exam (elaborations) • 10 pages • 2023
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Risk - Not Knowing what will happen in the future and the possibility the outcome will be negative 
Defined As: 
Chance of Loss 
Possibility of Loss 
Uncertainty of Loss 
Types of Loss - 1. Financial 
-Loss of house to loss of life 
2. Non-Financial 
-Loss of Friendship 
Speculative Risk - I win or I lose 
Pure Risk - I lose or I do not lose 
Peril - The actual cause of a loss 
Natural, Human, Economical, etc 
Hazard - Situations or factors that may increase the possibility of a loss 
Common Typ...
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Wisconsin Insurance Exam Questions and Correct Answers 100%.
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Wisconsin Insurance Exam Questions and Correct Answers 100%.
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Wisconsin Insurance Exam with 100- correct answers 2024
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Wisconsin Insurance Exam with 100% correct answers 2024
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Wisconsin Accident and Health Insurance Exam 2023 Questions and Answers with complete solution
- Exam (elaborations) • 40 pages • 2023
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Wisconsin Accident and Health Insurance Exam 2023 Questions and Answers with complete solution 
 
Dividends from a stock company are normally sent to: 
Beneficiaries 
Shareholders 
Policy holders 
Insureds 
Shareholders 
Which of the following financial products creates an instant estate, no matter when the date of death? 
Mutual funds 
Life insurance 
Certificate of deposit 
Deferred annuity 
Life insurance 
Which of the following outlines the authority given to the producer on behalf of the in...
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Exam FX Insurance- Wisconsin Life questions (Answered). 100% Accurate, Graded A
- Exam (elaborations) • 69 pages • 2023
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Exam FX Insurance- Wisconsin Life questions (Answered). 100% Accurate, Graded A 
 
 
An insurer decides to renew a policy but at a higher premium rate, starting on the renewal date. How many days in advance must the insured be notified? 
 
a) 30 
b) 60 
c) 90 
d) 100 - -b 
 
How is the Commissioner of Insurance placed in office? 
 
a)By NAIC nomination 
b)Through a bid process 
c)An election at the same time that other state officials are selected 
d)An appointment by the Governor - -d 
 
An ins...
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