Kentucky life an - Study guides, Class notes & Summaries

What are some of the basic principles of Integrated pest management? - ANSWER1.) PREVENTION: Produce healthy plants that resist plants: (Selecting healthy plants, using certified seed, providing good growing conditions, and making a good match between the plant and the site) 2.) MONITOR AND IDENTIFY THE PEST: Identify the problem: (Finding out whether the damage to a particular plant is caused by a pest or by an environmental condition such as freezing or drought and always determine the exact ...

Final Exam Kentucky Life and Health Insurance Study Guide Exam New 2024 An insurance agent who replaces an existing policy by making false written or oral statements is committing the act of: - CORRECT ANSWER-twisting Which of the following risks are insurable? - CORRECT ANSWER-pure risk The federal income tax treatment of employer-provided group health insurance can be accurately described as: - CORRECT ANSWER-Employee's coverage paid for by the employer is tax-deductible to the emp...

Kentucky law life and health insurance Complete Questions and Answers 2024 When an admitted life insurer becomes insolvent, after notice and a hearing, the Commissioner will assess member insurers in order to pay insured, claimants, and beneficiaries of the insolvent insurer. Should a member fail to pay their assessment, the Commissioner will - CORRECT ANSWER-Suspend or revoke that company's certificate of authority. Which of the following will NOT be considered unfair discriminatio...

XCEL Kentucky Life and Health Final Exam | 450 Questions with 100% Correct Answers | Verified | Latest Update 2024

Elements of a Contract - correct answer Competent parties, legal purpose, offer and acceptance, consideration Waiver - correct answer Voluntary giving up of a known right or privilege, can be express or implied Estoppel - correct answer A person is prohibited by virtue of his own past actions from claiming a right that would work to the detriment of another who relied on the past conduct Aleatory Contract - correct answer a contract where the values exchanged may not be equal but depend...

XCEL Kentucky Life and Health Final Exam Actual Questions and Answers 100% Verified

S filed a written Proof of Loss for a Disability Income claim on September 1. The insurance company did not respond to the claim. S can take legal action against the insurer beginning: - November 1 What is the excise tax rate the IRS imposes on individuals aged 70 1/2 or older who do not take the required minimum distributions from their qualified retirement plan? - 50% The provision in a Group Health policy that allows the insurer to postpone coverage for a covered illness 30 days after th...

Comprehensive Exam-Kentucky Life and Health Insurance Final Updated Exam 2024 Q&A All of the following are producer responsibilities to the applicant, except: - CORRECT ANSWER-Offering and selling only the lowest premium policy ___________ manufacture and sell insurance coverage in the form of policies or contracts of insurance. - CORRECT ANSWER-Insurers When both parties must perform certain duties and follow certain rules of conduct to make a contract enforceable refers to a(n) ___...

XCEL Kentucky Life and Health Final Exam Practice with 100% Correct Answers | Verified | Latest Update 2024| Already Passed

S filed a written Proof of Loss for a Disability Income claim on September 1. The insurance company did not respond to the claim. S can take legal action against the insurer beginning: - ANSWER November 1 What is the excise tax rate the IRS imposes on individuals aged 70 1/2 or older who do not take the required minimum distributions from their qualified retirement plan? - ANSWER 50% The provision in a Group Health policy that allows the insurer to postpone coverage for a covered illness 3...