Mutual company - Study guides, Class notes & Summaries

IOP1501 Assignment 3 2024 (QUIZ ANSWERS) ... 100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . Question text The ______ learning theory explains why learners get excited at the end of the day when they hear the bell that signals time to go home. a. classical conditioning b. higher-order conditioning c. operant conditioning d. second-order conditioning Question 2 Incorrect Mark 0.00 out of 1.00...

IFSTA Company officer Exam Questions and Answers 100% Pass Which of the following statements most accurately Reflects the concept of a company officer as a public servant A. Contact with the public only occurs in non-emergency situation B. The public may judge the entire organization by the company officers actions C. Unit personnel should focus solely on emergency response and not worry about public impressions D. Fire and emergency organization should not think of They are job as custo...

XCEL SOLUTIONS: Georgia Life-Only Pre-Licensing Questions and Answers 100% Pass When a policy pays dividends to its policyholders, it is said to be -profitable -mutual -nonparticipating -participating - Correct Answer ️️ --Participating A participating policy is one in which insurance policies pay out dividends to the policyholders. 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 s...

Producer ️ licensed person who has the authority to sell, solicit, or negotiate insurance contracts Who has permission to cancel the license? ️ the commissioner Agent ️ person or corporation authorized to solicit insurance, collect premiums & transact insurance business on behalf of an insurance company Producer is appointed by who ️ appointed by the agent to represent the insurer & an insurer can cancel the appointment of agent DIFS ️ Dept of Insurance and Financial Services, ...

FLORIDA INSURANCE 2-14 EXAM TERMS QUESTIONS AND ANSWERS (100% SCORES) Insurance - CORRECT ANSWER-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 - CORRECT ANSWER-Is based on actuarial or mathematical principles and guarantees a specified sum of money upon the death of the person who is insured. Annuities - CORRECT ANSWER-Provid...

TCFP Fire Officer 3 NFPA 1021 is the Standard for_____ - correct answer Fire Officer Professional Qualifications, requirements, and prerequisite knowledge.-16 Operating budget - correct answer a budget for day-to-day spending needs such as building maintenance and apparatus repairs OSHA 29 CFR 1910.20 - correct answer Medical records must be kept for 30 years TDEM - correct answer Organizes, provides, delegates, equipment during large incidents EEOC (Equal Employment Opportunity...

Texas Life and Health Insurance Exam Questions and Answers with complete solutions Graded A+ 2023/2024 At what point must a life insurance applicant be informed of their rights that fall under the Fair Credit Reporting Act? - CORRECT ANSWER-Upon completion of the application Who elects the governing body of a mutual insurance company? - CORRECT ANSWER-policyholders An insurance applicant MUST be informed of an investigation regarding his/her reputation and character according to the - C...

Which type of long-term care benefit would be most appropriate for a stroke victim who requires speech therapy administered at her home? - Answer-Home health care Which of the following is NOT a federal requirement of a qualified plan? - Answer-Employee must be able to make unlimited contributions Why are dividends from a mutual insurer not subject to taxation? - Answer-Because dividends are considered to be a return of premium The treasurer of XYZ Insurance Company discovers that the t...

Florida 215 exam Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ According to Florida's Standard Valuation Law, the __________________ is mandatory. 1) Certificate of Authority 2) Director of the Office of Insurance Regulation 3) legal reserve - Answer -legal reserve Group health plans that are issued by mutual companies usually: 1) provide for dividends. 2) issue experience-rated plans. 3) are noncancellable for a period of two years. 4) are renewable after a ...

Which of the following helps to create a sense of continuity in group development? - Answer Officers continually reminding subordinates that they are part of a larger group or organization What should the company officer do if a subordinate appears to have a psychological/emotional problem? - Answer Seek guidance from a superior officer and/or the employee assistance program (EAP) The organization vests the ____ with the authority to be the formal group leader. - Answer company officer ...