Insurance licensing exam - Study guides, Class notes & Summaries

Colorado Car Sales Mastery Exam Questions and Verified Answers Latest Updated 2024 (GRADED) The license of a motor vehicle salesperson or power-sports salesperson may be denied, revoked or suspended on any of the following grounds except: b) advertising a salvaged vehicle while identifying the vehicle as a salvage vehicle According to colorado law, which of the following must be licensed as a motor vehicle dealer and or powersports dealer? d) All of the above Colorado Lemon law covers: c)...

MN Salon Manager Latest Exam|Questions With 100% Verified Answers Graded A+ 2024|2025 Before a salon is licensed by the board the following requirements must be complied with prior to licensing. (please check all that apply) Correct Answer: A. The Salon must employ a Manager B. Compliance with all local and state laws, particularly to the matters of sanitation, health and safety. D. Inspection and licensing prior to the commencing of business E. The salon must have insurance coverage o...

Property and Casualty Insurance Licensing Exam (100 Questions)

NC Medicare Supplement & Long Term Care Insurance Licensing Exam Solved 100% Correct!!

Home health care covers occasional visits from who? - ANSWER - Registered nurses, licensed practical nurses, community-based professionals (like hospice). **Does NOT cover visits from attending physicians. Programs that are provided to people who are too poor to qualify for Medicaid. - ANSWER - State-only Medicaid programs LTC provision that provides a guarantee that certain policy benefits will remain available even if the insured stops paying premiums. (Offers option of a paid-up policy...

Mississippi Insurance Licensing Exam

NC Insurance Licensing Exam Questions and Answers 100% Pass P is a producer who notices 5 questions on a life application were not answered. What actions should P take? Set up a meeting with the applicant to answer the remaining questions Which of the following does Social Security NOT provide benefits for? Dismemberment An Accident/Health policyholder has ____ days to return the policy and receive a full refund on premiums 10 Under a Renewable Term policy, the renewable premium is calculate...

What kind of insurance offers the policy owner a cash value that is invested in a separate account? - correct answer Variable Whole Life, which has its cash value in the insurer's separate account. A life insurance policy which is characterized by flexible premium payments is called - correct answer Variable Universal Life A life insurance policy that covers multiple insureds and pays the face amount following the death of the last insured is called - correct answer Survivorship life. A s...

Insurance - correct answer the transfer of Pure risk to the insurance company in consideration for a premium must be pure risk and calculable. Pure Risk - correct answer the chance of loss without any chance of gain; insurable Speculative Risk - correct answer possibility for gain or loss; not insurable Risk - correct answer Chance of loss Exposure - correct answer a condition that could result in loss hazard - correct answer something that increases the chance of loss ...

NYS Insurance Licensing Exam Latest 2023 Graded A insurance transfers the risk of an loss for an individual or business to an insurance company which spreads out the costs to many individuals agency contract a contract that is held between insurer and an agent/producer containing the expressed authority given to the agent/producer, and the duties/responsibilities to the principal, any agent in violation of the agency contract may be held personally liable to the insurer agent legal representat...

INDIANA LIFE AND HEALTH RULES AND REGULATIONS EXAM (2023/2024) RATED A+ Insurance Commissioner • Appointment by Governor • Member of NAIC Insurance commissioner Duties responsible for overseeing the Department of Insurance, which regulates insurance companies operating in Indiana. works to promote improvements to insurance laws and the enforcement of said laws in Indiana.[ Certificate of Authority Licensed companies receive a _______________________________ to conduct the business of insur...