Calculates policy rates - Study guides, Class notes & Summaries

_____ is the consummation of a contractual real estate transaction in which all appropriate documents are signed, and the mortgage loan proceeds are disbursed by the lender. - Answer- Closing The primary determinants of real estate values are supply and _____. - Answer- Demand _____ is something of value that can be pledged as security for repayment of a loan. - Answer- Collateral Servicing includes which of the following activities? - Answer- Maintaining records of payment The monet...

Michigan Life and Health Insurance Exam With Complete Solutions 2023

Arkansas Life and Health Insurance Exam Questions And Answers Absolute Assignment - ANS assignment by the policyholder of all the policy control and rights to a third party Accident and Sickness - ANS insurance against bodily injury, death or disability by accident or against disability or expense resulting from sickness Accident Insurance - ANS a form of health insurance against loss by accidental bodily injury Accidental Bodily Injury - ANS generally, traumatic damage ...

NURA306 Exam 1 Questions and Answers Problem identification - Answer-defining problems that are worthy of action Agenda Setting - Answer-Nurses can work as advocates in this stage of the policy process, engaging with legislators and policy makers to share the data collected in the problem identification stage. Policy formulation - Answer-Development of policy proposals by stakeholders and interest groups occurs at this stage policy legitimation - Answer-This step in the policy process...

The life insurance rider that pays the face amount plus the total premiums paid into the policy is known as: - Return of premium What kind of company can the Commissioner file a complaint to enjoin and restrain from continuing violations of the insurance regulations of Colorado? - Foreign or alien Does a loan on the cash value of a life insurance policy accrue interest, and if so, how is the interest handled? - Yes, the interest can be paid annually, or added to the loan. What approach calcul...

Why would a large manufacturer choose to self-insure rather than buy an insurance policy from an insurance company? - ANSWER-to save insurance premiums by paying relatively minor losses out of company funds The federal Risk Retention Act of 1986 contains guidelines for which of the following entities? - ANSWER-Risk retention groups Which of the following is an example of an unauthorized insurance company in Illinois? - ANSWER-Company B, an Iowa-based company that does not hold a certificat...

Acceleration Clause - ANSWER The part of a contract that says when a loan may be declared due and payable. Accidental Death Benefit - ANSWER In a life insurance policy, benefit in addition to the death benefit paid to the beneficiary, should death occur due to an accident. There can be certain exclusions as well as time and age limits. Active Participant - ANSWER Person whose absence from a planned event would trigger a benefit if the event needs to be canceled or postponed. Activities ...

Arkansas Life and Health Insurance Complete Questions & Answers 100% Accurate!!Absolute Assignment - ANSWER assignment by the policyholder of all the policy control and rights to a third party Accident and Sickness - ANSWER insurance against bodily injury, death or disability by accident or against disability or expense resulting from sickness Accident Insurance - ANSWER a form of health insurance against loss by accidental bodily injury Accidental Bodily Injury - ANSWER generally, trau...

Colorado Life Insurance Final Exam Latest Update Graded A The life insurance rider that pays the face amount plus the total premiums paid into the policy is known as: Return of premium What kind of company can the Commissioner file a complaint to enjoin and restrain from continuing violations of the insurance regulations of Colorado? Foreign or alien Does a loan on the cash value of a life insurance policy accrue interest, and if so, how is the interest handled? Yes, the interest can be paid ...