AD Banker Bundled Exams Questions and Answers with Certified Solutions

AD Banker Comprehensive Exam Already Passed A producer who is acting as an agent is representing: A The insured, the applicant and the beneficiary B Always the insured C The insured and the insurer D Always the insurer D In order to be valid, a contract must be between individuals considere...

Ad Banker Comprehensive Exam Questions and Answers 100% Pass Which insurer's owner receives taxable corporate dividends as a return of profit? Stock To make insurance more affordable and protect the insurance company from paying out too much in claims, insurers will: Reinsure the risk The direct ...

A.D. BANKER: Life & Health - Comprehensive Exam Questions and Answers Already Graded A Legally speaking, a producer has a __________ duty when handling life insurance premiums and applications for an insurer. Fiduciary It is the _________ who issues a Certificate of Authority enabling an insurer t...

AD Banker Comprehensive Final Exam Already Passed Dividends if declared are paid: A. Annually B. Semi-annually C. Monthly D. Quarterly A. Annually An insured dies within the time limit of an Increasing Term Rider and the beneficiary receives the face amount plus the value of all paid premiums. ...

A.D. Banker Final Exam Questions and Answers 100% Pass Which of the following situations will require proof of insurability? Adjusting the face amount up on a Universal Life insurance policy with Option A death benefit selected Sean has a home with an mortgage. He needs life insurance to protect h...

AD Banker Property and Casualty Comprehensive Exam Latest Update Graded A+ Temporary Total Disability may be described as: Inability to return to any employment while recovering Supplementary Payment under Part A of the Personal Auto Policy? A Up to $250 for the cost of bail bonds B Payment for lo...

AD Banker Comprehensive Exam (2022/2023) Already Graded A John is the agent for ABC Insurance and Jane is the insured. Who is the principal in this agency relationship? A. ABC Insurance B. None C. John D. Jane A. ABC Insurance In an insurance contract the value that each party gives the other i...

AD Banker Life Insurance Exam (2022/2023) Already Passed Insurers (Insurance Companies or Carriers) provide insurance coverage by issuing particular insurance policies or contracts Insurance Agencies Independent sales organizations that provide service and distribute insurance policies to consumers...

D Banker Property & Casualty Practice Test Already Graded A An applicant makes a statement on the insurance application which becomes part of the contract that she has an alarm system which qualifies her for a premium discount. This statement is considered a ________. Warranty In an insurance cont...

AD BANKER AL P&C PRACTICE COMP EXAM 100% PASS Which rating method listed below is established by the underwriter? A. Manual rating B. Retrospective rating C. Individual rating D. Judgment rating D. Judgment rating is the Only rating method that is determined by the underwriter. All other rating ...

AD Banker Chapter 2 Exam Questions and Answers 100% Verified Which of the follow is not a factor in premium determination? a. Reserves b. Interest c. Expesnes d. Mortality a. Reserves Which of the following best describes a Statement of Good Health? a. It is a sworn oral statement made by the ...

AD Banker P&C Comp Test Questions and Answers Rated A+ Which of the following perils would be covered under a Dwelling policy? A Water discharged by a plumbing failure B Overflow of water from a sump pump C Water accumulating below the surface of the ground D Water leakage in a driveway A Water ...

AD Banker Life and Health Chapter 1 Exam Questions 100% Pass An agent that enters into agreements with more than one insurer is what? Independent An insurer that is authorized to transact insurance in California and has been issued a Certificate of Authority from the California Department of Insura...