Insurance industry - Study guides, Class notes & Summaries

AAMS Practice Exam - Questions and Answers An employer plans to use corporate-owned life insurance to informally fund a nonqualified deferred compensation agreement and wants flexibility regarding investment choices. Which one of the following types of life insurance should this employer choose? Variable life insurance The latest economic reports have been gloomy, and the stock market is in a protracted slump. Most of your regular stock customers are selling out their positions. A new client, ...

ae21 Insurance Adjuster License UPDATED Exam Questions and CORRECT Answers A Claim in the property industry is defined as - Ans An assertion of of an alleged legal right against a person, entity, company or insurer that carries with it a demand for money as compensation for injuries or damage. What are you really, buying when you purchase insurance - Ans Peace of mind Why is insurance such a unique product - Ans It is a financial product, the purchase of a product based on trust.

Test Bank - Foundations for Population Health in Community/Public Health Nursing, 6th Edition (Stanhope, 2022), Chapter 1-32 | All Chapters. Table of Contents Chapter 1. Community and Prevention Oriented Practice to Improve Population Health Chapter 2. The History of Public Health and Public and Community Health Nursing Chapter 3. The Changing U.S. Health and Public Health Care Systems Chapter 4. Ethics in Public and Community Health Nursing Practice Chapter 5. Cultural Influences in Nursing in ...

CSPR - Certified Specialist Payment Rep (HFMA) Questions and Answers 2023 Steps used to control costs of managed care include: Bundled codes Capitation Payer and Provider to agree on reasonable payment DRG is used to classify Inpatient admissions for the purpose of reimbursing hospitals for each case in a given category w/a negotiated fixed fee, regardless of the actual costs incurred Identify the various types of private health plan coverage HMO Conventional PPO and POS H...

Who is considered a field underwriter? An agent When must insurable interest exist in life insurance? Application or issue date If no receipt is issued at the time of application, a statement of good health is usually required at the time of? Policy delivery The Medical Information Bureau is?(MIB) a source of medical information to alert insurers to adverse medical history A substandard risk compared to a standard risk would pay? a higher premium Which doc...

Competitive priorities - 1. cost 2. quality 3. speed/time 4. flexibility Value - what i get/price Productivity - what i make/cost SCM key components - 1. Procurement 2. Operations 3. Logistics Procurement - Buy it: process of obtaining services, supplies, and equipment in conformance with corporate regulations Operations - Make it: makes business processes effective and efficient. They help the organization create high quality products/ services using the fewest resources ...

The McCarran-Ferguson Act was passed by Congress to - Redefine the authority of the state and federal government to regulate the insurance industry The principle that insurance is not a transaction of commerce and so should be regulated by the state was established in: - Paul v. Virginia In New Jersey, a producer who violates a New Jersey insurance law for the first time may be fined up to - $5,000 The New Jersey Banking and Insurance Commissioner has the authority to do all of the follo...

FLORIDA TERMITE EXAM 2024 QUESTIONS AND ANSWERS 100% PASS What must you have signed by the customer before entering into a contract on a property that is currently under an active wdo warranty? - Correct Answer ️️ -Form 13671 (consumer consent form) The eastern sub termite belongs to what family? - Correct Answer ️️ -Rhinotermitidae Drywood and dampwood termites belong to the family? - Correct Answer ️️ - Kalotemritidae according to the revised taxonomy of termites, these ins...

FLORIDA LIFE INSURANCE/ ANNUITIES 2-14 STUDY SET EXAM WITH CORRECT ANSWERS Which of the following individuals MUST be licensed as an agent? - CORRECT ANSWER-A person who places insurance on behalf of anyone seeking insurance. Which of the following statements regarding a nonresident insurance agent is CORRECT? - CORRECT ANSWER-The agent must hold a similar license in their state of residence State insurance laws specifically allow the Commissioner(or Director) to issue a temporary...

CSBI HFMA Exam With 100% Correct verified Answers 2024 Patient-centric - CORRECT The healthcare industry is shifting towards this approach. Based on the patient's condition and prospects for improvement, services are rendered in relation to the situation, as opposed to only considering how an individual progress through a series of facilities. HIPAA Act - CORRECT Health Insurance Portability and Accountability Act HITECH Act - CORRECT Health Information Technology Economic and Clinical...