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Property and Casualty Insurance Licensing Exam With Solved Solutions 2024.

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To prevent recovery beyond the amount of the insured's actual loss, the policy will contain: - Answer An Other Insurance Clause Collision coverage of an auto policy covers: a) road damage to the tires b) upset of the vehicle c) frozen engine block d) falling objects - Answer B) upset of the vehicle The maximum amount of payable for all losses resulting from one event is known as the: a) occurrence limit b) aggregate limit - Answer a) occurrence limit Which of the followi...

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Alabama Life and Health Insurance Exam Questions Fully Solved 2024.

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The Fair Credit Reporting Act - Answer what law protects consumers from the circulation of inaccurate or obsolete information? domestic, foreign, and alien - Answer Insurers are classified according to their domicile. What are the 3 types of insurers? Fraternal insurer - Answer what type of insurer is a voluntarily formed organization that provides religious organizations with a representative form of government? mutual company - Answer the type of insurance company organized to...

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Alabama Life & Health Chapter 5 Annuities prep Exam And Correct Answers 2024.

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What is an annuitant, in regard to an annuity policy? - Answer The party whose life the policy's benefits are based on Susan, age 65, inherits a substantial sum of money and wants to have the money distributed to her over the rest of her life starting next month. Which product offered by the life insurance industry will allow her to accomplish her objective? - Answer Single Premium Immediate Annuity K owns a variable annuity with an assumed interest rate of 4%. If the actual performan...

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Alabama Life & Health Insurance Final Exam And Answers Graded A+ 2024.

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Which of the following would be considered a speculative risk? - Answer The possibility the painting you bought might be a long-lost masterpiece A speculative risk is one in which there is a chance for either loss or gain. Example: Gambling, Casino's, Lottery, etc. All of the other choices describe pure risk, where there is no chance of gain, only a chance of loss exists. Which is the proper term for a company owned by its policy owners? - Answer A mutual insurance company A prod...

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Final Exam Life and Health Questions And Answers Rated A + 2024.

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Risk - Answer Risk is the uncertainty of loss Capitation - Answer Capitation payments are payments agreed upon in a capitated contract by a health insurance company and a medical provider. They are fixed, pre-arranged monthly payments received by a physician, clinic or hospital per patient enrolled in a health plan, or per capita. Under a health maintenance organization HMO service providers are paid a fixed monthly fee for each member. This concept is called - Answer Capitation W...

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Life and Health Insurance Study Guide With Correct Solutions 2024.

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A life insurance producer's agency agreement normally authorizes the licensee to do all of the following EXCEPT: A. solicit insurance B. sell insurance C. issue policies D. collect premiums - Answer C. issue policies at what point must a life insurance applicant be informed of their rights that fall under the Fair Credit Reporting Act? A. before the appt is scheduled B. upon completion of the application C. at the policy's delivery D. when the insurer receives the MIB report - A...

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Mental Health Nursing Practice Exam Well Answered 100% 2024.

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biologically based mental illness - Answer A mental disorder caused by neurotransmitter dysfunction, abnormal brain srtructure, inherited genetic factors, or other biological causes. Also called psychobiological disorder culture-related syndromes - Answer These are more influenced by culture alone and are not seen in all areas of the world. Diagnostic and Statistical Manual of Mental Disorders (DSM) - Answer The DSM is the manual that classifies mental disorders and is considered the...

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Psychiatric Mental Health Nursing Final Exam And Answers Graded A+ 2024.

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The client states, "Who is confused? He said I should go, but I didn't. Is that weird?" Which response by the nurse would be best to clarify the client's statement? A. How did you feel before you talked to him? B. When did you first notice yourself feeling confused? C. Did he indicate to you exactly what he meant? D. I don't understand. Can you explain in another way? - Answer D During the initial interview with a client, the nurse begins to feel uncomfortable and realizes the cli...

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NC Dental Jurisprudence Packaged Bundle 20242025 Updated.

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1 Exam (elaborations) Dental Hygiene Jurisprudence Test Questions Well Answered 100% 2024. 2 Exam (elaborations) NC Dental Laws and Infection Control Jurisprudence Exam Questions And Correct Answers 2024. 3 Exam (elaborations) NC Dental Laws Practice Exam Fully Solved 2024. 4 Exam (elaborations) NC Dental Rules Study Guide Exam And Answers Grade

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