Study guides, Class notes & Summaries

Idaho Bail Bondsman Insurance License Exam Questions 100% SOLUTION A domestic insurance companay: - ANSWER is incorporated in the state within which it is located. It is considered foreign in all other states. A captive insurance company exists primarily to: - ANSWER underwrite the risks of the parent owner. What agreement is for laying the legal framework of the insurance business? - ANSWER Insurance agent partnership agreement True or False: An 'arrest' must be accompanied b...

Idaho Bail Bondsman Insurance License Exam Questions 100% SOLUTION A domestic insurance companay: - ANSWER is incorporated in the state within which it is located. It is considered foreign in all other states. A captive insurance company exists primarily to: - ANSWER underwrite the risks of the parent owner. What agreement is for laying the legal framework of the insurance business? - ANSWER Insurance agent partnership agreement True or False: An 'arrest' must be accompanied b...