Insurance regulations - Study guides, Class notes & Summaries

SI Life Exam Questions and Answers 100% Pass What kind of retirement plan can a 75-employee for profit corporation establish? Simple IRA The taxable portion of a monthly income benefit paid during the annuity phase from a nonqualified annuity is calculated using the Exclusion ratio Unfair claims settlement methods and practices by an insurance company include all of the following acts EXCEPT failure to pay all claims that are reported within 90 days after a loss occurs The settlement option t...

Danforth Grocery Store specializes in fresh produce and is open 24 hours year-round. The store has contracts with suppliers to deliver produce and foods by 5am daily, so the parking area at the rear of the store is congested from 4:30am to 5:30am. Customer traffic is heaviest from 7am to 9am, and again from 3pm to 6pm. The store has had six slip and fall claims from customers in the past year. Danforth Grocery Store is most exposed to which one of the following types of liability loss? ...

CT LIFE & HEALTH INSURANCE EXAM 2024 (XCEL SOLUTIONS & PROMETRIC) QUESTIONS AND ANSWERS SOLVED 100% CORRECT!! Laura added a children's rider to her life insurance policy. What type of coverage was added? Answer - Level term With life insurance, the needs approach is used primarily in determining Answer - How much life insurance a client should apply for A(n) is a licensee who charges a fee for contracted insurance advisory services. Answer - Consultant Jonas is covered with disabi...

Georgia Claims Adjuster- Insurance Rules And Regulations Questions And Answers With Latest Quiz Georgia Claims Adjuster- Insurance Rules And Regulations Questions And Answers With Latest Quiz

Person Required to be Licensed - ANSWER Cannot sell, solicit, or negotiate insurance unliess licensed for the appropriate line of authority Producer - ANSWER The person required to be licensed under state law to transact insurance. -At least 18 years of age -Has not committed any act that is ground for license denial, suspension, or revocation -Has completed a prelicensing course of study -Has paid the appropriate fees -Has passed the examinations for the appropriate line(s) of authorit...

LEHNE’S PHARMACOTHERAPEUTICS FOR ADVANCED PRACTICE NURSES AND PHYSICIAN ASSISTANTS 2ND EDITION ROSENTHAL TEST BANK REVISED EDITION 2023 Chapter 1: Prescriptive Authority Test Bank Multiple Choice 1. An APRN works in a urology clinic under the supervision of a physician who does not restrict the types of medications the APRN is allowed to prescribe. State law does not require the APRN to practice under physician supervision. How would the APRN‘s prescriptive authority be de...

WGU D320/CCSP QUESTIONS AND ANSWERS ALREADY PASSED The management plane is use to administer a cloud environment and perform administrative tasks across a variety of systems, but most specifically it's used with the hypervisors. What does the management plane typically leverage for this orchestration? A. APIs B. Scripts C. TLS D. XML The management plane uses APIs to execute remote calls across the cloud environment to various management systems, especially hypervisors. This all...

Colorado Life Insurance Exam| Questions and Verified Answers| Grade A (2023/2024 Update) QUESTION How many days does an insurance producer have to report to the Commissioner any administrative action taken against them as well as any criminal prosecution that occurs in another jurisdiction? Answer: 30 days QUESTION When Jason filled out his application his statements had to be ______________ to be considered legal. Answer: Representations QUESTION Phil a...

FOUNDATIONS OF INSURANCE REGULATION (APIR)

life - colorado law exam questions and answers 100% pass Which type of insurer may pay dividends to policyholders? - Correct Answer ️️ -Mutual You must be licensed to sell all of the following EXCEPT: - Correct Answer ️️ -Travel accident To obtain a Colorado producer's license as a nonresident, you must: - Correct Answer ️️ -Have a similar license in your home state You need an insurance license to sell all EXCEPT: - Correct Answer ️️ -Prepaid Legal If, after a hearing, ...