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California Life, Accident, and Health Insurance | Bundled Exams with complete solution | everything you need
California Life, Accident, and Health Insurance | Bundled Exams with complete solution | everything you need
[Mostrar más]California Life, Accident, and Health Insurance | Bundled Exams with complete solution | everything you need
[Mostrar más]What distinguishes a deferred annuity from an immediate annuity? - The time at which benefit 
payments start 
Cindy buys a 10-year certain annuity with an installment refund. After receiving monthly payments for 5 
years, Cindy dies. How many remaining payments will the insurer make to her beneficia...
Vista previa 2 fuera de 15 páginas
Añadir al carritoWhat distinguishes a deferred annuity from an immediate annuity? - The time at which benefit 
payments start 
Cindy buys a 10-year certain annuity with an installment refund. After receiving monthly payments for 5 
years, Cindy dies. How many remaining payments will the insurer make to her beneficia...
The California Insurance Code defines "policy" as a(n) 
accepted offer 
promissory arrangement 
written contract 
written quotation - written contract 
A "policy" as described by the California Insurance Code is a written contract in which one party 
promises to indemnify another against loss th...
Vista previa 2 fuera de 14 páginas
Añadir al carritoThe California Insurance Code defines "policy" as a(n) 
accepted offer 
promissory arrangement 
written contract 
written quotation - written contract 
A "policy" as described by the California Insurance Code is a written contract in which one party 
promises to indemnify another against loss th...
1x vendido
A key person is typically all of the following, except: - -Not directly involved in sales, production, or 
service 
Key persons are employees whose contributions have a significant impact on the revenue and 
profitability of the company, especially in small businesses. They are typically: part of th...
Vista previa 3 fuera de 22 páginas
Añadir al carritoA key person is typically all of the following, except: - -Not directly involved in sales, production, or 
service 
Key persons are employees whose contributions have a significant impact on the revenue and 
profitability of the company, especially in small businesses. They are typically: part of th...
2x vendido
What is meant by referring to an insurance policy as a unilateral contract? - Only one party makes a 
legally enforceable promise. 
When must insurance records of insurance agents and brokers be made available to the Insurance 
Commissioner? - At all times. 
Any situation that presents the possibili...
Vista previa 3 fuera de 16 páginas
Añadir al carritoWhat is meant by referring to an insurance policy as a unilateral contract? - Only one party makes a 
legally enforceable promise. 
When must insurance records of insurance agents and brokers be made available to the Insurance 
Commissioner? - At all times. 
Any situation that presents the possibili...
What is the required rate discount under a Good Driver Discount policy? - 20% below the rate the 
insured would have been otherwise charged for the same coverage 
All the following are authorized activities for the Limited Automobile Insurance Agent EXCEPT if the 
agent - Charges and collects a brok...
Vista previa 2 fuera de 8 páginas
Añadir al carritoWhat is the required rate discount under a Good Driver Discount policy? - 20% below the rate the 
insured would have been otherwise charged for the same coverage 
All the following are authorized activities for the Limited Automobile Insurance Agent EXCEPT if the 
agent - Charges and collects a brok...
2x vendido
What is a Modular Policy? - A modular policy is a policy consisting of several different documents, 
none of which by itself forms a complete contract. 
What is a Commercial Package Policy (CPP)? - A Commercial Package Policy is a modular policy that 
combines different forms and more than one line ...
Vista previa 2 fuera de 10 páginas
Añadir al carritoWhat is a Modular Policy? - A modular policy is a policy consisting of several different documents, 
none of which by itself forms a complete contract. 
What is a Commercial Package Policy (CPP)? - A Commercial Package Policy is a modular policy that 
combines different forms and more than one line ...
Co-insurance - The policy provision which requires the insurer and the insured to share in the cost of 
services rendered 
Exclusion ratio - The formula which is used by the IRS to determine how much is taxable to an 
annuitant during the pay out period. 
Occupational policy - When a disability inco...
Vista previa 3 fuera de 22 páginas
Añadir al carritoCo-insurance - The policy provision which requires the insurer and the insured to share in the cost of 
services rendered 
Exclusion ratio - The formula which is used by the IRS to determine how much is taxable to an 
annuitant during the pay out period. 
Occupational policy - When a disability inco...
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