Conditional Study guides, Class notes & Summaries

What is it called when a life insurance policy pays a multiple of the coverage amount when certain types of accidents occur? - multiple indemnity Upon the issuance of a conditional receipt for a renewal when the premium is paid AFTER the time granted by the insurer, what is the maximum amount of time for reinstatement of the policy? - 30 days Which of the following statements regarding a pure life annuity payout option is correct? - This option provides the highest monthly income. Which o...

What is insurance? (Ans- protection against financial loss what is a premium (Ans- a scheduled amount to be paid for an insurance policy. What are premiums used for (Ans- premiums are collected into a "pool" or "reserve to pay out claimants when needed. how can insurance companies afford to pay for an individuals catastrophic loss? (Ans- the insurer collects premiums from all policy holders and uses them to pay out the claims of a few. what is Indemnity (Ans- payment for...

FL Health Agent 240 Questions and Answers Already Passed An organization that transacts insurance only with its own members is a(n): Fraternal The ____________ has the power to issue rules and regulations to help enforce insurance laws. Commissioner, Superintendent, or Director All of the following are essential elements of a legal contract, EXCEPT: Representation Which of the following manufactures and sells insurance coverage in the form of insurance policies or contracts of insurance? Insu...

2023 RENEWAL FOR MICROSOFT CERTIFIED AZURE ADMINISTRATOR ASSOCIATE Your company has serval departments. Each department has a number of virtual machines (VMs).The company has an Azure subscription that contains a resource group named RG1.All VMs are located in RG1.You want to associate each VM with its respective department.What should you do? A. Create Azure Management Groups for each department. B. Create a resource group for each department. C. Assign tags to the virtual machines. D...

CLA1501 Assignment 2 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. Answers, guidelines, workings and references...... Question 1 Not yet answered Marked out of 1.00 Question 2 Not yet answered Marked out of 1.00 QUIZ Before their marriage, Nkomi and Thabang concluded an antenuptial contract which they chose not to register. After fi veyears, Nkomi institutes divorce proceedings against Thabang, arguing that their marriage has broken down irretrievably dueto an assortment of reason...

Florida Claims Adjuster Exam Questions with Correct Answers 1 / 36 1. Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy.The insurance company will make a payment to: A. The first mortgagee, ABC B. The Insured C. Jointly to ABC and XYZ D. All listed interests: D. All listed interests Remember that the insurer is not responsible to know the degrees of interest. In the event of a loss, one payment is ma...

IOP1501 Assignment 3 (COMPELET ANSWERS) 2024 ... 100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . Question text The ______ learning theory explains why learners get excited at the end of the day when they hear the bell that signals time to go home. a. classical conditioning b. higher-order conditioning c. operant conditioning d. second-order conditioning Question 2 Incorrect Mark 0.00 out of ...

North Carolina Medicare Supplement and Long-Term Care Certification Exam || Questions & 100% Correct Answers North Carolina Medicare Supplement and Long-Term Care Certification Exam || Questions & 100% Correct Answers An individual who is not eligible for premium-free Medicare Part A coverage may apply for coverage during which of the following enrollment periods? A. All of the above B. Initial enrollment period C. General enrollment period D. Special enrollment period - ANSWER - A. Al...

The stated amount or percent of liquid assets that an insurer must have on hand that will satisfy future obligations to its policyholders is called: Reserves An insurance applicant MUST be informed of an investigation regarding his/her reputation and character according to the: Fair Credit Reporting Act A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: A fraternal benefit society What I the name...

What can you customize when you insert a hyperlink in a cell? - correct answer Display text Which takes priority when a sheet has 2 conditional formatting rules? - correct answer The rule on the top Which type of user can create or own a sheet in Smartsheet? - correct answer Licensed What permission is required to hide and unhide columns? - correct answer Admin Vivian uses a sheet to track the status of a project that she is managing. Several cells are cell linked to a sheet ...