A nonresident a - Study guides, Class notes & Summaries
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NJ Life Producer Exam Correct answers latest update
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NJ Life Producer Exam Correct answers latest update 
Which of the following amounts must decrease in a decreasing term? 
Death benefit 
 
 
In life insurance, insurable interest must exist at the time the.. 
Producer writes an on a proposed insured 
 
 
An applicant makes an offer to the insurer when they 
pay an initial premium with the application 
 
 
Which of the following makes Universal Life insurance different from other forms of permanent insurance? 
Premium Schedule 
 
 
An insurer that...
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Exam Fx-Property and Casualty Exam | 90 Questions with 100% Correct Answers
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To be considered an insurable risk, a loss may NOT be - catastrophic 
Which of the following persons would be required to hold a producer license? - a 
nonresident agent who negotiates insurance contracts 
Which of the following is the oldest known type of insurance? - ocean marine 
The contents coverage on a homeowners policy would pay how much after the loss of 
one of a pair of golden candlesticks? - the difference in the actual cash value as a 
pair and as a single 
Which of the following ad...
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PSI Practice Questions Property Casualty
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An insured operates a auto repair shop and has a garage coverage form with garagekeepers insurance when an employee on a test drive with a customer's car is involved in a crash. How will the customer's car be covered by the insured's policy? - Answer- The customer's car is covered for any physical damage while in the custody of the insured. 
 
Liability arising out of any of the following is excluded from the personal and advertising injury liability coverage EXCEPT - Answer- unknowingly inf...
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Webce Insurance test questions and Answers Graded A+
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Agent Thompson received a letter from the Department of Insurance asking her to provide proof of completing the continuing education requirements. Within how many days must Agent Thompson respond to the Department's inquiry? 
 
20 
30 
10 
45 - ANSWER-10 days 
 
Abby lives in Ohio, where she is licensed as an insurance producer. She wants to apply for a nonresident license in Pennsylvania. Which of the following conditions must she satisfy? 
 
 She must move to Pennsylvania. 
 She must surrende...
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Producer's Property & Casualty Practice Exam (A+ GUARANTEED)
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If a nonresident applies for a Utah insurance license, the commissioner shall waive the license requirements for a license and issue the person a nonresident license if the nonresident applicant has met certain requirements. These requirements include all of the following EXCEPT correct answers Has passed the Utah insurance exam 
 
Which of the following is most likely to be paid by Ernie's Electric Guitar Shop's CGL Coverage C - Medical Payments? correct answers A customer fell and broke his ...
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Casualty Producer NJ- Exam Questions with correct Answers
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Casualty Producer NJ- Exam Questions with correct Answers 
 
Powers and duties of Commissioner Conduct research 
Make reasonable rules and regulations 
Issue orders and notices 
Issue insurance licenses and certificates of authority 
Impose penalties 
Approve insurance policy forms and rates 
 
Amount of days notice before hearing 10 
 
Retrocession When a reinsurer transfers risks it has accepted to another insurer 
 
Producers can be Agents, brokers or both 
 
Insurance agent a licensed ...
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GBA/RPA 3 WITH 100% COMPLETE SOLUTIONS
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The 4 basic elements of an employee welfare benefit plan are: 
1. there must be a plan, fund or program 
 
2. the plan, fund or program is established or maintained by an ER 
 
3. the plan, fund or program is for the purpose of providing specifically listed benefits, through the purchase of insurance or otherwise 
 
4. benefits are provided to participants and beneficiaries 
 
 
 
The courts have held that a plan, fund or program under ERISA is established if 
from the surrounding circumstances,...
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MT STATE PROPERTY AND CASUALTY EXAM 2024
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A Surplus Lines Producer may collect a fee from the Insured to fund the Surplus Lines Advisory Board. This fee is known as the? Answer - stamping fee 
 
An inducement to purchase an insurance policy is: 
Select one: 
ation 
ing Answer - rebating 
 
A nonresident producer licensed in Montana may sell: 
Select one: 
 insurance that is otherwise lawfully sold in the state of Montana. 
 those types of insurance that the producer could have sold in the producer's state of residence. Answer - only th...
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Xcel Solutions Life and Health Insurance Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A
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Xcel Solutions Life and Health Insurance Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A 
 
Q: Which of these techniques will remove the risk of losing money in the stock market by never purchasing stocks? 
 
 
Answer: 
Risk avoidance 
Risk avoidance could eliminate the risk of losing money in the stock market by never investing in stocks. 
 
 
 
Q: Which of the following nursing home options would BEST suit an individual who needs some nursing care and supe...
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Chapter Exam: Louisiana Laws and Rules Questions and Answers Already Passed
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Chapter Exam: Louisiana Laws and Rules Questions and Answers Already Passed 
charles is a producer who is licensed in louisiana but resides in mississippi. Charles is considered to be a(n) Nonresident producer 
Karen the producer pays for her client's initial premium payment as an incentive for purchase. this act is considered a(n) Rebate 
an indemnity plan limitation that will pay the dental bills after a small amount is paid by the insured is called Coinsurance 
according to Louisiana law, gr...
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