If an applicant notifies - Study guides, Class notes & Summaries

An annuity promises that, if the annuitant dies before receiving payments equal to the correct value, the payments will be continued to a beneficiary until an amount equal to the contract value has been paid. This type of annuity is called An installment Refund annuity A Straight Life annuity A Cash Refund annuity A Joint Life annuity - ANSWER An installment Refund annuity One becomes eligible for Social Security disability benefits after having been disabled for 3 months 5 mo...

most punishment one can receive for not reporting an incident of child abuse/neglect - ANSWER Misdemeanor, $1000 fine &/or 6 months in prison amount of time, from ATT, required to take and pass the National Physical Therapy Exam & California Law Exam before needing to re-apply (time application is valid) - ANSWER 1 year estimated amount of time the PTBC needs to review/process a licensure application - ANSWER 30 days max amount of time before the PTBC notifies the PT/PTA applicant wheth...

PSI Practice Test 2024 When does a license become inactive for a broker? 1. upon the termination of his or her employment 2. upon the termination of all appointments, or all endorsements 3. upon the 365th calendar day that a policy has not been written 4. upon the termination of all existing policies for which he or she is the writing broker - Answer ️️ -upon the termination of all appointments, or all endorsements How is the insurance commissioner chosen? 1. Elected by the peop...

Tom the agent negotiates an agreement that unreasonably restrains the business of insurance. He has likely commited a violation of insurance law that falls under - ANSWER-Boycott, coercion, and intimidation Viatical settlement proceeds may be subject to the claims of - ANSWER-creditors Once an insured notifies an insurer of a claim, what must the insurer do? - ANSWER-Send out a claim form What action may the Bureau of Insurance take when it finds that a license applicant is not competen...

Which kind of losses are covered under a standard fire policy? Direct All fires are not covered by the Standard Fire policies, only those that: are hostile and have a flame or glow Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:15 Full screen Brainpower Read More At what time does a fire policy go into affect? 12:01am standard time at the location of the insured's property A property is insured under two Standard Fire policies ...

registration process correct answer: -prior training and experience -completed courses/exams -info about the ability to practice effectively and safely -if s/t above is not met, registration may: --1) Direct applicant to complete further training or examinations --2) Register the applicant w/ terms, conditions and/or limitations --3) Refuse the application -process is audited and reviewed by Fairness Commissioner of Ontario -RHPA has provisions to ensure the process is transparent, obje...

• Standards of conduct- When an employee of a licensee is terminated for any conduct as described in §1702.361 of the Act, the licensee shall notify the board of such conduct within (___________) of termination. The notification shall be mailed to the board, to the attn. of the C.I.D. The notification shall include... - ANSWER• 14 Days • The notification shall include but not be limited to: • 1. A completed board complaint form (form#022); and • 2. Any and all documents or ev...

Insurance License NY Questions and Answers Graded A New home buyer S called his agent and told him that he wanted the broadest coverage available for his new home. Which policy would the agent be most likely to recommend? A) HO-3 B) HO-5 C) HO-2 D) HO-8 - Answer ️️ -B Which of the following best defines a hazard? A) It eliminates the chance of loss B) It increases the chance of loss C) It is a cause of loss D) It increases the amount of loss - Answer ️️ -B Under the Homeowne...

The passing score on each part of the National Board Examination is what? - ANS 375 The passing score for the Jurisprudence Examination is what? - ANS 75% True or False: An applicant may not take the Jurisprudence Examination unless he or she has complied with all the requirements in the Chiropractic Act, Occupations Code - ANS True If an applicant notifies the board no later than one day prior to the date of examination that he or she is unable to take the...

Lannister Insurance Company insures 200,000 vehicles. In 2019, they paid a total of $136,000,000 in collision losses to the owners of 16,000 of those vehicles. What was Lannister's collision loss frequency in 2019? - ANSWER-0.08 (16k/200k) Lannister Insurance Company insures 200,000 vehicles. In 2019, they paid a total of $136,000,000 in collision losses to the owners of 16,000 of those vehicles. What was Lannister's collision loss severity in 2019? - ANSWER-8500 (136M/16K) Michael Scott...