Prepaid insurance - Study guides, Class notes & Summaries
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Preneed Exam Prep Questions With Complete Solutions Latest Updated 2024/2025 (100% CORRECT)
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Preneed Exam Prep Questions With Complete Solutions Latest Updated 2024/2025 (100% CORRECT) Joint Memorandum - 
Who 
What 
When 
Why - Answer- Who: DOB, FSC, TDI 
What: A joint agreement that established specific area of responsibilities for prepaid 
funeral svc 
. 
When: 1995 
Why : its creation was mandated by the Texas Civil Statutes 
What is a preneed Funeral contract - Answer- Any written contract of agreement, 
funded by an insurance policy, annuity contract or trust deposit, for the purpo...
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Massachusetts Life Insurance Final Exam Questions and Answers Graded A+
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Massachusetts Life Insurance Final 
Exam Questions and Answers 
 
Graded A+ 
 
in Massachusetts, a small employer is comprised of 1-50 employees 
 
Kate received a group accident and health termination notice. How many days does she have to 
apply for a converted policy? 31 
 
Scott has a life insurance policy in which the dividends are left with the insurance company. This 
particular policy may be paid up when the cash value plus accumulated dividends equal the 
net single premium for the same...
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Wisconsin Casualty Questions and Answers Already Passed
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Wisconsin Casualty Questions and 
 
Answers Already Passed 
 
A situation in which a person can experience only a loss and no gain presents what type of risk? 
Pure Risk 
 
A tornado that destroys a property would be an example of what? Peril 
 
What type of authority is based on the agent's actions, or words? Apparents 
 
If an insurer holds a Certificate of Authority, it is know as what type of insurer? Authorized 
or admitted 
 
What document is required for an insurance company to transact ...
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Nevada Life and Health Insurance Final Exam Questions and Answers Rated A+
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Nevada Life and Health Insurance Final 
Exam Questions and Answers Rated A+ 
 
What is an individual engaged in the solicitation, negotiation, or sell of funeral expense 
insurance who is required to be licensed by the state? Prepaid funeral contract agent 
 
Which of the following does the Nevada Insurance Commissioner NOT do? Make statutes 
concerning insurance law 
 
Nick has a policy that the insurer can cancel when he turns 65. Which type of policy is it? 
Conditionally renewable 
 
Which o...
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ACC 101 Full Version 323 | Complete Solutions (Verified)
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ACC 101 Full Version 323 | Complete Solutions (Verified) QN=1 If assets are $199,000 and liabilities are $132,000, then equity equals a. $32,000. b. $67,000. c. $99,000. d. $131,000. e. $198,000. QN=2 A cash outflow from the company into its owner is called a(n): a. Liability. b. Withdrawal. c. Expense. d. Profit. e. Investment. QN=3 Liability created by purchasing goods and services on credit (tín dụng) are: a. Accounts payable. b. Accounts receivable. c. Liabilities. d. Expenses. e. Equit...
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Accounting 101 - Chapter 2 and 3 || Questions and 100% Accurate Answers.
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Asset Accounts correct answers Cash - Accounts Receivable - Note Receivable - Prepaid Accounts (or Expenses) More Assets 
 
Cash correct answers A company's cash balance 
 
Accounts Receivable correct answers Promises of Payment from customers. Accounts receivables are increased by credit sales; often phrased as sales on account or on a credit 
 
Note receivable correct answers Held by a lender; a borrower's written promise to pay the lender a specific sum of money on a specified future date. ...
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Principles of Accounting Final Exam (2024) || All Questions & Solutions (100% Correct)
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Principles of Accounting Final Exam (2024) || All Questions & Solutions (100% Correct) 
Principles of Accounting Final Exam (2024) || All Questions & Solutions (100% Correct) 
 
The Matching principle in accounting requires the matching of: 
A: Revenue earned with the expenses incurred to produce revenue 
B: Revenue earned with the liabilities used to produce the revenue 
C: Revenue earned with the assets used to produce the revenue 
D: Revenue earned with the assets used less the liabilities i...
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Montana Insurance Laws and Regulations Exam Questions With Correct Verified Answers A+ Graded
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Montana Insurance Laws and Regulations Exam Questions With Correct Verified Answers A+ Graded 
 
policy loans must be available on permanent policies after premiums have been paid for ____ years 
3 
 
 
producers must report insurance fraud to the commissioner within ____ days 
60 
 
 
Which is a nonprofit corporation that provides prepaid health care to members? 
Health Service Corporation 
 
 
the commisoner must hold a public hearing within ___ days upon written demand by any person 
30 
 
 
...
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Preneed Prep Exam 2024 Questions and Answers
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Preneed Prep Exam 2024 Questions and Answers 
Joint Memorandum - 
Who 
What 
When 
Why -Answer-Who: DOB, FSC, TDI 
What: A joint agreement that established specific area of responsibilities for prepaid funeral svc 
. 
When: 1995 
Why : its creation was mandated by the Texas Civil Statutes 
What is a preneed Funeral contract -Answer-Any written contract of agreement, funded by an 
insurance policy, annuity contract or trust deposit, for the purpose of furnishing or delivery of 
prepaid funeral be...
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CNML Test with Complete Solutions 2024/2025
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CNML Test with Complete Solutions 2024/2025 
DRGs - Correct Answer Diagnostic-Related Groups: payment rate based on specific diagnoses 
 
Prospective Payment System - Correct Answer Used by Medicare-participating hospitals: pretreatment diagnosis billings based on DRGs; rate decided ahead of time between insurance companies and hospitals 
 
Exclusive Provider - Correct Answer Used by HMO's: insurance coverage for contracted providers or institutions 
 
HMOs - Correct Answer Health maintenance o...
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