Ad banker comprehensive - Study guides, Class notes & Summaries

A.D Banker Comprehensive Exam| 500 QUESTIONS| WITH COMPLETE SOLUTIONS

A.D.Banker Comprehensive Exam| 150 QUESTIONS| WITH COMPLETE SOLUTIONS

A.D. BANKER Life & Health Comprehensive Exam

Three identical homes in a neighborhood were listed at the same time in a market where demand was constant. According to the law of supply and demand, which would have sold for the lowest price? - correct answer The first sold. When compiling a competitive market analysis, a broker would look for comparable properties that - correct answer were located near the property being listed. If an older b...

Regarding offer and acceptance, which one of the following is false? correct answer: Consideration is only required by the insurer. Which of the following types of coverage provides custodial care outside the home for individuals not requiring confinement? correct answer: Adult Day Care The California Insurance Code requires all producers who meet with established clients age 65 and older in their homes for the purpose of transacting life insurance, annuities, or disability insurance pro...

Which Whole Life Policy would require you to put the least amount of premium into the plan over the total life of the plan? correct answer: Single Pay/ Premium A Single Pay Premium pays the total premium up front at a discounted rate. To waive an insureds premium, most companies require an individual's disability to be: correct answer: Total and permanent A producer licensed for property and casualty, life and health, or both must complete at least ________ hours of CE every 2 years....

Comprehensive Exam A.D. Banker Flashcards Questions With Complete Solutions

A.D. BANKER: LIFE & HEALTH - COMPREHENSIVE EXAM WITH ANSWERS

A D Banker Property and Casualty Chapter 2

A producer who is acting as an agent is representing: A The insured, the applicant and the beneficiary B Always the insured C The insured and the insurer D Always the insurer -Answers- D In order to be valid, a contract must be between individuals considered legally able to enter into an agreement. This principle is known as: A Restricted persons B Considerations C Competent parties D Agreement -Answers- C A company that is licensed to sell insurance in a pa...