Nce exam prep - Study guides, Class notes & Summaries

AIDA 181 - Big Data Analytics for Risk and Insurance Exam Prep| Questions and Verified Answers| 100% Correct (Latest 2023/ 2024 Update) Q: machine learning Answer: AI in which computers continually teach themselves to make better decisions on previous results and new data Q: Artificial intelligence Answer: compute processing/output that simulates reasoning or knowledge Q: why do tech companies use AI Answer: Tech companies use this to "Solve problems or to i...

Insured Contingent Beneficiary - Answer If the insured and primary beneficiary are both killed in the same accident and it cannot be determined who died first, where are the death proceeds to be directed under the uniform Simultaneous Death Act? Reimbursement - Answer Which type of policy pays benefits to a policyholder covered under a Hospital Expense policy? $25,000 - Answer J has an Accidental Death and Dismemberment policy with a principal sum of $50,000. While trimming the hedge...

Kentucky Life Insurance Exam Prep| Questions and Verified Answers| 100 % Correct| Grade A (Latest 2024/ 2025 Update) Q: Universal Life Insurance Flexible premium, adjustable death benefits, accumulates cash values: earlier models have front-end load, later models have back end load. Insurance costs are debited and guaranteed and excess interest are credited. Q: Universal Life Death Benefit Option A Answer: Level death benefit throughout life of policy (can be increased with pr...

NC Life Insurance Exam Prep Questions and Answers Already Passed An agent who sells an individual life insurance policy in NC MUST deliver to the policyowner A policy summary and buyer's guide All of the following actions are considered rebating EXCEPT Sharing commissions with other licensed and appointed agents What benefit does the Payor Clause on a Juvenile Life Policy provide? Premiums are waived if payor becomes disabled An agent who signs a blank contract application or policy of insu...

CPCU 500,Becoming a Leader in Risk Management and Insurance Exam Prep | Questions and Verified Answers| 100% Correct (Latest 2023/ 2024 Update) Q: Loss Exposure Answer: Any condition or situation that presents a possibility of loss, whether or not an actual loss occurs 3 Elements of a Loss Exposure: -An asset exposed to loss -Cause of loss (peril) -Financial consequences of that loss Q: Types of Loss Exposures Answer: Property Loss Liability Loss Personnel Loss Net...

NC Life Insurance Exam Prep With Complete Questions And Answers |Verified

BORDER PATROL EXAM/ CBP OFFICER ENTRANCE EXAM PREPARATION /80 QUESTIONS AND VERIFIED ANSWERS 2023/2024 /LATEST UPDATE GRADED A+. 2023 1. Valid Conclusion or Invalid Conclusion Some of the people who speak Spanish are at my party.: Valid 2. Valid Conclusion or Invalid Conclusion Some lawyers are Supreme Court Justices.: Valid 3. Valid Conclusion or Invalid Conclusion Everyone working for the US Government is a CBP Officer: Invalid 4. Valid Conclusion or Invalid Conclusion All the pe...

Louisiana Insurance Exam Prep (Title), Louisiana Title Insurance Exam Questions with 100% Complete Solutions

Michigan Surplus Lines Insurance Exam Prep questions and answers latest top score. (1)Surplus Lines premiums typically expand during: A) A soft Market B) A Hard Market - correct answers.A Hard Market. Surplus lines premiums typically expand during a hard market. (2) During the time of a hard market, insurers will: A) Tighten their underwriting standards B) Loosen their underwriting standards - correct answers.A) Tighten their underwriting standards. Tighten and ra...