Georgia life - Study guides, Class notes & Summaries

Georgia Life, Accident, & Sickness Exam Study Guide with Complete Solutions Insurance - Correct Answer ️️ -A social device for spreading the chance of financial loss among a large number of people. A method of transferring risks to the insurance company. Risk - Correct Answer ️️ -Shared by all those people buying like coverage's Types of Risk? - Correct Answer ️️ -Speculative and Pure Speculative Risk - Correct Answer ️️ -Gambling. Insurance DOES NOT cover this. Insuranc...

Georgia Laws Life insurance Complete Solutions when the commissioner examines an insurer's records, who pays the cost associated with the examination. the insurance company being examined which of the following documents must an agent submit to the replacing insurance company during the replacement of an existing life insurance policy? notice to existing and replacing insurers on intention to replace All agents licensed less than 20 Years are required to complete ___ continuing educ...

Alpha Kappa Alpha Sorority, Incorporated was organized on the campus of - Howard University in Washington, D.C., in 1908 The inspiration for establishing Alpha Kappa Alpha Sorority, Incorporated came from - Ethel Hedgemen Lyle By whom was Ethel Hedgeman Lyle influenced? - Tremain Robinson & Elizabeth Appa Cook, schoolteachers The first president of Alpha Kappa Alpha was - Lucy Diggs Slowe How are chapter program activities determined? - By the International Program Committee, as defined ...

Georgia Life, Accident, & Sickness Exam Study Guide with Complete Solutions Insurance - Correct Answer ️️ -A social device for spreading the chance of financial loss among a large number of people. A method of transferring risks to the insurance company. Risk - Correct Answer ️️ -Shared by all those people buying like coverage's Types of Risk? - Correct Answer ️️ -Speculative and Pure Speculative Risk - Correct Answer ️️ -Gambling. Insurance DOES NOT cover this. Insuranc...

Georgia Life and Health Insurance.

Who elects the governing body of a mutual insurance company? - policyholders What year was the McCarran-Ferguson Act enacted? - 1945 A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: - a fraternal benefit society The stated amount or percent of liquid assets that an insurer must have on hand that will satisfy future obligations to its policyholders is called: - reserves What is the name of the law that requires i...

Georgia Laws, Rules, and regulations Pertinent to Life and Accident and Sickness Insurance Exam Questions and Answers 100% Pass 5 Years - Correct Answer ️️ -The period of time in which the Commissioner must conduct an examination of every authorized insurer 20 Days - Correct Answer ️️ -Time frame for the Commissioner to provide the examinee a copy of the written report 10 Days - Correct Answer ️️ -written notice to all interested parties 30 Days - Correct Answer ️️ -The h...

401 K plan - ANSWER A qualified retirement plan in which the employee can set aside a portion of their income with pre-tax dollars Absolute Assignment v. Collateral Assignment - ANSWER Absolute: A permanent and irrevocable transfer of rights and/or benefits by the policyowner. Collateral: A temporary and/or revocable transfer of benefits by the policyowner.

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