Fl 2 15 insurance - Study guides, Class notes & Summaries

FL 2-15 types of life insurance policies | Questions and Correct Solutions | latest Update 2024/2025 | Graded A+ what policy component must decrease in decreasing term insurance? - Answer -face amount can a business or a corporation be an annuitant? - Answer -no, an annuitant must always be a natural person if the annuitant dies during the accumulation period, who will receive the annuity benefits? - Answer -beneficiary a whole life policy that requires that the policyowner only pays ...

FL 2-15 types of life insurance policies Exam Questions And Answers What policy component must decrease in decreasing term insurance? - ANS face amount Can a business or a corporation be an annuitant? - ANS no, an annuitant must always be a natural person if the annuitant dies during the accumulation period, who will receive the annuity benefits? - ANS beneficiary a whole life policy that requires that the policyowner only pays premiums for a specified number of years is know...

FL 2-15 Insurance. Chapter 1 Exam 2024

An appraisal can be completed by which of the following? A home inspector A real estate broker A licensed appraiser using USPAP standards A mortgage loan originator - ANSWERA licensed appraiser using USPAP standards What is a BPO? Broker Price Opinion Best Practice Organization Best Prospective Offer Beyond Present Opportunities - ANSWERBroker Price Opinion Which of the following is incorrect? Farming methods include Direct Mail and Just Listed Post Cards. Farming only invo...

FL 2-15 TYPES OF LIFE INSURANCE POLICIES QUESTIONS 2023 WITH COMPLETE SOLUTIONS FL 2-15 TYPES OF LIFE INSURANCE POLICIES QUESTIONS 2023 WITH COMPLETE SOLUTIONS FL 2-15 TYPES OF LIFE INSURANCE POLICIES QUESTIONS 2023 WITH COMPLETE SOLUTIONS FL 2-15 TYPES OF LIFE INSURANCE POLICIES QUESTIONS 2023 WITH COMPLETE SOLUTIONS FL 2-15 TYPES OF LIFE INSURANCE POLICIES QUESTIONS 2023 WITH COMPLETE SOLUTIONS FL 2-15 TYPES OF LIFE INSURANCE POLICIES QUESTIONS 2023 WITH COMPLETE SOLUTIONS FL 2-15 TYPES OF LI...

FL 2-15 Insurance. Chapter 1 exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Purpose of Insurance - Answer -To replace the uncertainties of risk with guarantees. Purpose of Health Insurance - Answer -To offset financial loss upon the premature death of an individual Purpose of Health Insurance - Answer -To offset financial loss upon sickness, illness, injuries and disability. Health Insurance - Answer -Also known as Disability Insurance Purpose of Annuitie...

PTCB EXAM TEST BANK QUESTIONS AND ANSWERS LATEST WITH RATIONALE Multiple choice What is the route of administration for a prescription with the following directions: "i supp pr q 6 hr prn"? A. Orally B. Rectally C. Urethrally D. Vaginall {{Correct Ans- B. Rectally Rationale: "pr" means per rectum. What is the meaning of PDA? A. Personal digital aid B. Personal digital assistant C. Physician digital assistant D. Pharmaceutical data assistant {{Correct Ans- B. Personal dig...

5 Qualifications for a General Lines License1. 18 years old 2. resident of FL or place of business in FL 3. 200-hour course or 1 yr experience in all lines 4. cannot be for writing controlled business 5. Exam waived for CPCU designation or college degree with 15 hours in insurance controlled businessmore than 50% of income from businesses applicant is involved in, such as family business Department of Financial Servicesdoes not make rating and underwriting rules riskchance of financial...

5 Qualifications for a General Lines License 1. 18 years old 2. resident of FL or place of business in FL 3. 200-hour course or 1 yr experience in all lines 4. cannot be for writing controlled business 5. Exam waived for CPCU designation or college degree with 15 hours in insurance controlled business more than 50% of income from businesses applicant is involved in, such as family business Department of Financial Services does not make rating and underwriting rules risk chance of finan...

Insurance - Financial protection against loss or harm - An arrangement by which company gives customers financial protection against loss or harm such as theft or illness in return for premium payments. Life Insurance - Is based on actuarial or mathematical principles and guarantees a specified sum of money upon the death of the person who is insured. Health Insurance - Evolved from scientific principles to provide funds for medical expensed due to sickness or injury and to cover loss of incom...