Cease and desist - Study guides, Class notes & Summaries

when does a certificate of authority expire - June 30th when do you report administrative actions - within 30 days Penalty for license denial, suspension, or revocation - 3,000 Penalties for falsifying books/documents - maximum fine of 5,000 and between 2-12 months imprisonment Unfair Trade Practices and methods of competition fines - 3000 maximum per violation 30,000 maximum aggregate 30,000 insurer maximum per 750,000 insurer maximum aggregate Claims must be paid by insurers within - ...

1-1 Under the Louisiana Private Investigator Law, the Louisiana State Board of Private Investigator Examiners (LSBPIE) is authorized to issue the following types of license(s): b. Apprentice, Individual, Agency, Journeyman 1-2 Any licensee who wishes to apply for an extension of time to complete investigative educational instruction requirements must submit________ of the LSBPIE 30 days prior to the license renewal date. d. a signed written request setting forth the reasons for the exte...

Colorado Life and Health Exam 2023 Questions and Answers 100% Accurate when does a certificate of authority expire - ANSWER June 30th when do you report administrative actions - ANSWER within 30 days Penalty for license denial, suspension, or revocation - ANSWER 3,000 Penalties for falsifying books/documents - ANSWER maximum fine of 5,000 and between 2-12 months imprisonment Unfair Trade Practices and methods of competition fines - ANSWER 3000 maximum per violation 30,000 maximu...

Barbara's policy includes a rider which allows her to purchase additional insurance at specific dates or events without evidence of insurability. This rider is called a(n) Answers>>Guaranteed insurability rider A guaranteed insurability rider allows for the insured to purchase additional insurance at specific dates or events without evidence of insurability. Disability Income plans which require that the insurer can NEVER change or alter premium rates are usually considered Answers&...

South Carolina Life Insurance Producer Exam Questions and Answers 2023 Producer - ANSWER Independent Insurance Agents also known as insurance sales agents that typically sell a variety of Insurance and financial products. resident producer - ANSWER An agent who holds an insurance license in the state in which they live non-resident producer - ANSWER Agents who hold an insurance license in a different state than the one they live Broker - ANSWER agents that work on behalf of life insu...

Washington State Property & Casualty Insurance Exam 100% correct answers Authorized Insurer An insurer that has qualified and received a Certificate of Authority from the Department of Insurance to transact insurance in the state. Contact adhesion the accepter of the contract must "adhere" to the written contract inducement An action aimed at persuading insolvent Bankrupt; unable to pay debts. Transacting Insurance Conducting insurance business, such as solicit...

New York Auto Adjuster Prep Questions and Answers |100% Pass Medical coverage under a personal auto policy will cover the insured if he/she is injured while: {{Correct Ans- Passenger on a bus. EXPLANATION: Personal auto medical coverage is available to the policyholder or a family member (resident relative) injured while occupying, or as a pedestrian, struck by a motor vehicle or trailer designed for use on public roads. It also covers any other persons while they are occupying your motor v...

What is the 1st offense penalty for engaging in the practice of residential building without a license? Not less than $5K and not more than $25K and/or 1 year What is the penalty for engaging in the practice of residential building, resulting in a death? Not less than $5K and not more than $50K and/or 4 years On your individual builder's license application, what should you write as your "business address"? Your personal address What is the cost of the individual build...

Property and Casualty Insurance Exam – Georgia Questions and Answers 100% Pass BPP building coverage insures the building at the described location, outdoor, fixtures, furnitures, items used to service the property, permanently installed machinery and equipment, and additions under construction, including the materials, supplies, and equipment. HO limits of property at other residences the larger of $1000 or 10% Coverage C. Limit does not apply if property is moved because the residence premi...

Property and Casualty Insurance Exam – Georgia correctly answered 2023 rated A+BPP building coverage insures the building at the described location, outdoor, fixtures, furnitures, items used to service the property, permanently installed machinery and equipment, and additions under construction, including the materials, supplies, and equipment. HO limits of property at other residences the larger of $1000 or 10% Coverage C. Limit does not apply if property is moved because the residence premis...