Earned premium - Study guides, Class notes & Summaries

Missouri Life and Health Insurance Final Exam Graded A+ Whose interest is being protected by the enactment of " The Replacement of Life Insurance and Annuities" regulation? policyowner Q applied for life insurance and submitted the initial premium on January 1. The policy was issued February 1, but it was not delivered by the agent until February 7. Q is dissatisfied and returns the policy February 13. How will the insurer handle this situation? policy was returned with the "free look" per...

MARKETING 6th EDITION KERIN TEST BANK FULL TESTBANK ALL CHAPTERS INCLUDED 2023/2024. Chapter 02 Developing Successful Organizational and Marketing Strategies Multiple Choice Questions 1. Ben & Jerry's mission to improve humanity is linked to various organizational and marketing strategies, one of which is A. using milk and cream obtained from Caring Dairy, a cooperative that guarantees it suppliers are bovine growth hormone free. B. the intent of making modest profits without sacrif...

AINS 101 Questions With 100% Accurate Review Solution Answers Which of the following is an example of a legal requirement for individuals that could be met through insurance? a. contributing to the growth of the organization b. paying for losses c. obtaining personal auto insurance d. providing a source of investment funds - ANS-c. obtaining personal auto insurance A fire destroys the kitchen in Rob and Laurie's home. Which insurance policy would provide coverage for the damage? a...

NC Life Exam Questions With 100% Correct Answers 2024 The validity of the policy cannot be conested once it has been in force for at least how many years after its date of issue? - answer2 Years A rider attached to a life insurance policy that provides coverage on the insured's family members is called the - answerOther-insured rider When an insured makes truthful statements on the application for insurance and pays the required premium, it is know as what - answerConsideration The regu...

At what point must a life insurance applicant be informed of their rights that fall under the Fair Credit Reporting Act? - ANSWER Upon completion of the application Who elects the governing body of a mutual insurance company? - ANSWER policyholders An insurance applicant MUST be informed of an investigation regarding his/her reputation and character according to the - ANSWER Fair Credit Reporting Act What type of reinsurance contract involves two companies automatically sharing their ri...

PSI - LIFE, ACCIDENT, AND HEALTH –FULL| Questions and Answers, 100% Verified| Latest 2023/2024 PSI - LIFE, ACCIDENT, AND HEALTH – FULL| Questions and Answers, 100% Verified| Latest 2023/2024 What happens under a misstatement of age clause on a disability policy? 1. The policy would be terminated and all premiums would be returned to the policy owner. 2. The policy would be terminated and all premiums would be retained by the insurance company. 3. All amounts payable under t...

CPL's Course: Operations Exam Questions and Answers WARFIGHTING PHILOSOPHY - Answer- •Maneuver warfare seeks to shatter the enemy's cohesion through a series of rapid, violent, and unexpected actions which create a turbulent and rapidly deteriorating situation with which the enemy cannot cope. •Besides traits such as endurance and courage that all warfare demands, maneuver warfare puts a premium on certain particular human skills and traits. It requires: - The temperament to cope w...

MBA 5100 All studied chapters | Complete testbank 2023/24 (8-23)Current liabilities are a. due but not receivable for more than one year. b. due but not payable for more than one year. c. due and receivable within one year. d. due and payable within one year. - d. due and payable within one year. (8-24)A transaction that is likely to cause an increase in a current liability is: a. payment of accrued wages. b. accrual of interest expense. c. depreciation of equipment. d. accr...

Payroll Fundamentals 1 Midterm 94 Questions with Verified Answers Commencement package (Ch.1) - CORRECT ANSWER -Organization specific forms (personal information forms) -Government forms (federal and provincial personal tax credits return) -Benefit forms (insurance enrollment forms) Hiring form (ch.1) - CORRECT ANSWER May include information on their position such as department, manager, start date, salary/hourly wage, and benefit entitlement Information that must be provided to empl...

Test Bank for Marketing The Core 9th Edition By Kerin Complete All Chapters () Ben & Jerry's mission to make the world a better place is linked to various organizational and marketing strategies, one of which is A. supporting farmers who agree to use sustainable farming practices, implementing fair working standards, and investing in local communities. B. the intent of making modest profits without sacrificing high product quality standards. C. ingredients that are all completely organic and...