Arkansas insurance - Study guides, Class notes & Summaries

Arkansas Life Insurance Exam Questions With 100% Correct Answers | Verified | Updated 2024

ARKANSAS LIFE INSURANCE EXAM QUESTIONS AND ANSWERS J is a producer who has induced an insured through misrepresentation to surrender an existing insurance policy. What is J guilty of? - ANS Twisting What is implied authority defined as? - ANS Authority that is not specifically given to an agent contract, but that an agent can reasonably assume to carry out his/her duties A person who is a nonsmoker, average weight, excellent health would fall into what risk classification? - ANS ...

Arkansas P&C Exam. 103 Questions with 100% Correct Answers | Verified | Updated 2024. The major portion of the premium for an equipment breakdown policy pays -For repairs after a loss. -For coverage for bodily injury and property damage of others. -For replacement parts. -For inspections and examinations. For inspections and examinations. #3. The party to a surety or fidelity bond who promises to fulfill the obligation is the a) Principal. b) Custodian. c) Surety. d) Obligee. ...

ARKANSAS LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023

Arkansas Insurance Adjuster P&C Exam || With Complete Solutions (Rated A+) Arkansas Insurance Adjuster P&C Exam || With Complete Solutions (Rated A+) The major portion of the premium for an equipment breakdown policy pays -For repairs after a loss. -For coverage for bodily injury and property damage of others. -For replacement parts. -For inspections and examinations. - ANSWER - For inspections and examinations. #3. The party to a surety or fidelity bond who promises to fulfill the...

Arkansas Insurance Adjuster Certification Exam – All Questions & Solutions (100% Correct) Arkansas Insurance Adjuster Certification Exam – All Questions & Solutions (100% Correct) Which kind of losses are covered under a standard fire policy? - ANSWER - Direct All fires are not covered by the Standard Fire policies, only those that: - ANSWER - are hostile and have a flame or glow At what time does a fire policy go into affect? - ANSWER - 12:01am standard time at the location of the...

Arkansas Insurance Exam Complete Questions & Answers (RATED A)Arkansas Insurance Exam Complete Questions & Answers (RATED A)Arkansas Insurance Exam Complete Questions & Answers (RATED A)Arkansas Insurance Exam Complete Questions & Answers (RATED A) what is the purpose of settlement options? - ANSWER They determine how death proceeds will be paid which of the following determines the cash value of a variable life policy? - ANSWER The performance of the policy portfolio An insured owns a li...

Arkansas Insurance Adjuster State License Exam – Questions & Answers (Graded A+) Arkansas Insurance Adjuster State License Exam – Questions & Answers (Graded A+) what is the purpose of settlement options? - ANSWER - They determine how death proceeds will be paid which of the following determines the cash value of a variable life policy? - ANSWER - The performance of the policy portfolio An insured owns a life insurance policy. To be able to pay some of her medical bills, she withdr...