If an ins - Study guides, Class notes & Summaries

NY General Adjuster Test (10-70) (2023/2024) Already Graded A 12/1 - even numbered yrs On what date does an adjuster's license need to be renewed? $1,000 What is the amount of bond that must be posted to obtain and adjuster's license? Not until hearing held When can the Superintendent of Insurance revoke an adjuster's license? a. anytime b. by sending a 30 day notice of the renovation c. not until a hearing is held d. When proof of offense has been received Example of unfair claim settlem...

BCP Exam Questions With 100% Verified Answers Latest Update 2024/2025 (GRADED A+) Body composition program ensuring that marines are at the proper weight, height and body mass ratio Military appearance program ensuring marines represent the marine corps leadership principle of setting the example Commander's and OICs are in charge of 1. enforcing compliance w/ weight and body composition standards and a suitable military appearance if they possess special courts martial convening authorit...

Commander's intent "every marine must comply with established body standards and present a suitable military appearance, regardless of age, grade, gender, or duty assignment" Body composition program ensuring that marines are at the proper weight, height and body mass ratio Military appearance program ensuring marines represent the marine corps leadership principle of setting the example Commander's and OICs are in charge of 1. enforcing compliance w/ weight and body composition stand...

2-20 General Lines Florida Insurance Exam Questions and Answers 100% Pass Abandonment Clause - Correct Answer ️️ -often contained in a p/c policy stating that the insured cannot abandon damaged property to the (dump on) insurer and demand reimbursement for the full value. Accounts Receivable Coverage Form - Correct Answer ️️ -Inland Marine Coverage form which insures against loss the insured suffers becasuse of an inability to collect from customers when AR records are damaged. A...

The Standard Fire Policy -1st used in 1918 in NY -Provided homeowner & commercial property protection. -ACV valuation -Named peril policy -Only covered fire & lightening "165 Line" Policy The original Standard Fire Policy spent 165 lines explaining new insurance concepts that are still used today: -Concealment & misrepresentation -Property & perils excluded from coverage -Insurance cancellation due to an increase in hazards -Obligations to a mortgagee -Insured's duties in th...

When writing a business letter, the salutation of a letter should be followed by a (Ans- colon A newsletter that weighs less than one pound would be considered (Ans- 3RD class mail What office instrument is designed to receive and send printed documents (Ans- Fax machine before placing a caller on hold you should (Ans- ask the caller if they can be put on hold, wait for a reply, obtain a return phone number and if this is a medical emergency, tell them to hang up or dial 911 an...

accidental death is also known as... - double, ,multiple, or triple indemnity 90 days Are dividends a return of an overcharge of premiums or a gain? - Not a profit but a return of excess premiums. policyowners pays a somewhat higher "gross" prmium and is entitled to policy dividends as declared by insurers. absolute assignment - transfers all incidents of ownership Why does whole life represent permanent ins? why ask why - Whole life is level premium, fixed amount policy which offers co...

A business offers a group disability income plan and pays the premiums. If an employee suffers a disabling injury, the benefits paid to the employee will be: - Answer-axable income to the business deductible income to the employee a deductible business expense for the business taxable income to the employee A business overhead expense policy does NOT provide: - Answer-tax-free benefits a Medicare SELECT plan is - Answer-a managed care policy. A Medicare SELECT plan is a - Answer-managed c...

TEAS 6 Test Essential Academic Skills V6 All Sections TEAS 6 Test Essential Academic Skills V6 All Sections QUESTION: 478 The condition of rickets is associated with a deficiency in which vitamin? A. A B. C C. D D. Z Answer: C Answer: C QUESTIO : 479 A steroid s c nsider d QUESTION: 479 A steroid is considered a _____ _. A. Lipid B. Protein C. Enzyme D. Weak acid A. Lipid B. Protei C. Enzym D. Weak acid Answer: A Answer: A . QUESTION: 480 T...

What is the prerequisite for receiving a commission from an insurance transaction? - Answer License for same type of insurance transaction. When would life ins. proceeds be taxable by the Federal government? - Answer If there is a transfer for value (policy is sold to another person) A qualified plan may not: - Answer Favor shareholders and top executives Policyholder who is the insured named a primary beneficiary and contingent beneficiary. Prior to the insured's death, primary ...