Cfp 512 exam - Study guides, Class notes & Summaries

CFP 512 UPDATED Exam Questions and CORRECT Answers Difference between risk, peril and hazard - Ans A risk represente the possibly of a loss or a negative deviation from a desires outcome. A peril is the cause of that loss, while a hazard increases the potential for loss. Static Risk - Ans Results from factors other than changes in the economy (earthquake, floods, etc). They tend to occur with regularity and can be insured.

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CFP 512 Exam Guide Questions and CORRECT Answers Events Causing a Change in Coverage - Ans - Marriage - Divorce - Death - Disability - Losing or changing jobs - Reducing the number of hours worked - Moving (even within the same state) - Birth: 30 days old - Age 26 - Age 65

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CFP 512 CERTIFICATION EXAM TESTBANK QUESTIONS AND DETAILED CORRECT ANSWERS (VERIFIED ANSWERS) WITH RATIONALES| 2024- 2025

CFP 512 CERTIFICATION EXAM QUESTIONS AND DETAILED CORRECT ANSWERS (VERIFIED ANSWERS) WITH RATIONALES|

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CFP 512 PASSED Exam Questions and CORRECT Answers Difference between risk, peril and hazard - Ans A risk represente the possibly of a loss or a negative deviation from a desires outcome. A peril is the cause of that loss, while a hazard increases the potential for loss. Static Risk - Ans Results from factors other than changes in the economy (earthquake, floods, etc). They tend to occur with regularity and can be insured. Dynamic risks - Ans They are the result of changes