Paying for risk - Study guides, Class notes & Summaries
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Ethics 311 exam 2024 with 100% correct answers
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Which of the following could create an ethical issue? 
A.) not paying premiums when due 
B.) Placing insurance with the insurer paying the highest commission 
C.) exaggerating a proof of loss 
D.) lying about educational background correct answersB.) Placing insurance with the insurer paying the highest commission 
 
The ability to apply knowledge to risk and insurance circumstances is acquired through correct answersProfessional training and job experience 
 
An insurance professional is respo...
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MAR3231 FSU Hopkins Exam 4 Questions And Answers (Updated And Verified)
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MAR3231 FSU Hopkins Exam 4 Questions 
And Answers (Updated And Verified) 
YETI & its competitors - answerEven though there are competitors in the market, Yeti is 
confident in its overall brand 
What do these companies have in common? 
Michael Kors, Justice, Zulily, Coach, Burberry, Macy's & JC Penny - answerAll of these 
companies are getting sued because of a pricing issue 
- Regards outlet pricing 
Outlet Model of Retail - answerUsed to send excess inventory and flawed inventory to outlet 
s...
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A.R.M. 400 Exam Practice Exam 2023 With Correct Answers…
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A.R.M. 400 Exam Practice Exam 2023 With Correct Answers… 
 
When communicating a decision up the organization's chain of command, consulting with outside experts can help a risk management professional do which one of the following? 
A. Seek feedback from stakeholders 
B. Stay focused on the organization's objectives 
C. Define the organization's risk appetite 
D. Enhance stakeholders' confidence in the process 
D 
Which of the following risk management program goals is an essential goal f...
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FP1 / Practice Exam 2 Questions And Answers Already Graded A+
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Vivian buys a life insurance policy in which the insurer pays policyholders dividends based on how well 
the life insurer is doing. If the insurer is profitable, Vivian will receive dividends. If the insurer 
underperforms financially, Vivian and other policyholders will receive fewer dividends. Indicate the type 
of insurance policy Vivian purchased. 
A. Variable life insurance. 
B. Participating life insurance. 
C. Limited-pay life insurance. 
D. Non-participating life insurance - B. Participa...
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Property and Casualty Insurance Mastery Exam A Questions and Answers 100% Pass
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Property and Casualty Insurance Mastery Exam A 
Questions and Answers 100% Pass 
An insured rents a car while on vacation in Canada and causes an accident. Is there 
coverage under his personal auto policy? - Correct Answer ️️ -The loss is covered 
under an unendorsed personal auto policy. 
Under the workers' compensation laws, which of the following would NOT be covered? - 
Correct Answer ️️ -Heart-related illness resulting from hereditary causes 
An insurance policy covers fire, will ...
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Primerica Life Insurance Exam: Questions & Answers: Latest Updated A+ Guide Solution
- Exam (elaborations) • 59 pages • 2023
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An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy? 
 
a. mutual 
b. reciprocal 
c. nonprofit service organization 
d. stock 
 (Ans- A. mutual 
 
funds not paid out after paying claims and other operating costs are returned to the policy owners in the form of a dividend. if all funds are...
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LRM4801 Assignment 13 Answers (Due date: 10 January 2024)
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LRM4801 Assignment 13 Answers (Due date: 10 January 2024) 
 
APPENDIX A: ASSESSMENT 13 
Please Note: 
This written Assessment must be submitted in PDF format via myUnisa. Instructions on how to submit the 
Assessment are provided in section 6 of this document. 
You are expected to meet particular requirements relating to the layout and technical presentation of 
Assessments: 
• The cover page or first page of your document should display information such as the module code, 
Assessment num...
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Georgia Adjuster Exam Questions and Answers Already Passed
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Georgia Adjuster Exam Questions and Answers Already Passed 
An insured's business is damaged because of a fire and he is forced to close business temporarily for repairs. As a result the insured lost income. What type of loss is this? Consequential also known as Indirect Loss 
The insured crashes into a porch and the person sitting on the porch. The person on the porch is injured. The insured's insurance policy has a limit set at $500,000. This amount applies to the total of damages for any bo...
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A.R.M. 400 Exam test bank correctly answered 2023
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A.R.M. 400 Exam test bank correctly answered 2023When communicating a decision up the organization's chain of command, consulting with outside experts can help a risk management professional do which one of the following? 
A. Seek feedback from stakeholders 
B. Stay focused on the organization's objectives 
C. Define the organization's risk appetite 
D. Enhance stakeholders' confidence in the process 
D 
 
 
 
Which of the following risk management program goals is an essential goal for all ...
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Primerica Life Insurance Exam 2024 100% Passed
- Exam (elaborations) • 56 pages • 2024
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Primerica Life Insurance Exam 2024 100% Passed 
An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check 
from the insurance company that was not taxable. This year, she did not receive a check from the 
insurer. From what type of insurer did the insured purchase the policy? 
a. mutual 
b. reciprocal 
c. nonprofit service organization 
d. stock - Answer ️️ -A. mutual 
funds not paid out after paying claims and other operating costs are returned to the po...
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