SOUTH CAROLINA INSURANCE REGULATIONS (SURETY PRODUCER)EXAM BUNDLE Questions and Answers With Complete Solutions!SOUTH CAROLINA INSURANCE REGULATIONS (SURETY PRODUCER)EXAM BUNDLE Questions and Answers With Complete Solutions!
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South Carolina Adjuster test Questions and A Insured that faces a liability loss expected? - ANSWERSProvide prompt notification Promptly forward to the insurer any loss notice, demand, summons, or other legal process. Assist the insurer in making a settlement. Attend the trial or other proceedi...
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Add to cartSouth Carolina Adjuster test Questions and A Insured that faces a liability loss expected? - ANSWERSProvide prompt notification Promptly forward to the insurer any loss notice, demand, summons, or other legal process. Assist the insurer in making a settlement. Attend the trial or other proceedi...
SC Laws and Rules Exam Questions Answers 100% accurate! A carrier for a small group health plan may refuse to renew the plan if the employer exceeds a specified number of claims fails to generate minimum revenues fails below a minimum AM Best rating fails to pay the premium - ANSWERSfails...
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Add to cartSC Laws and Rules Exam Questions Answers 100% accurate! A carrier for a small group health plan may refuse to renew the plan if the employer exceeds a specified number of claims fails to generate minimum revenues fails below a minimum AM Best rating fails to pay the premium - ANSWERSfails...
SOUTH CAROLINA INSURANCE REGULATIONS (SURETY PRODUCER)Exam Questions and Answers Wit REQUIREMENTS - ANSWERS1. Must be 18 years or older 2. Person of good moral character 3. Has paid fees 4. Must have passed exam PRODUCER LICENSE - ANSWERSGround person; out working with people; represents the ...
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Add to cartSOUTH CAROLINA INSURANCE REGULATIONS (SURETY PRODUCER)Exam Questions and Answers Wit REQUIREMENTS - ANSWERS1. Must be 18 years or older 2. Person of good moral character 3. Has paid fees 4. Must have passed exam PRODUCER LICENSE - ANSWERSGround person; out working with people; represents the ...
South Carolina Adjuster Licensing Exam Questions & Answers 100% accurate!Abandonment Condition - ANSWERSA condition often contained in property insurance policies that states that the insured cannot abandon damaged property to the insurer and demand to be reimbursed for its full value. Absolute L...
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Add to cartSouth Carolina Adjuster Licensing Exam Questions & Answers 100% accurate!Abandonment Condition - ANSWERSA condition often contained in property insurance policies that states that the insured cannot abandon damaged property to the insurer and demand to be reimbursed for its full value. Absolute L...
Chapter 1 & 2; Health Accident and Life Insurance Test (South Carolina)Exam Questions & Answers 100What are the minimum requirements to a licensed producer in South Carolina? - ANSWERSBe 18 years old, good morale character, not been convicted of a felony, pay required licensing fees, pass state exam...
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Add to cartChapter 1 & 2; Health Accident and Life Insurance Test (South Carolina)Exam Questions & Answers 100What are the minimum requirements to a licensed producer in South Carolina? - ANSWERSBe 18 years old, good morale character, not been convicted of a felony, pay required licensing fees, pass state exam...
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SC Property, Casualty, Surety, Marine Exam Questions and Answers 100% Answered!!Accumulated Depreciation - ANSWERSThe total decrease in an item's value over a period of time. Formula:(Annual Depreciation x Number ofyears used) 1-J Acreage Reporting Date - ANSWERSThe deadline for providing the in...
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Add to cartSC Property, Casualty, Surety, Marine Exam Questions and Answers 100% Answered!!Accumulated Depreciation - ANSWERSThe total decrease in an item's value over a period of time. Formula:(Annual Depreciation x Number ofyears used) 1-J Acreage Reporting Date - ANSWERSThe deadline for providing the in...
SC Life & Health Insurance Questions & Answ Which of the following is NOT considered to be a basic service, under a nonscheduled plan a) oral surgery b) Fillings c) Dentures d) Endodontics - ANSWERSC) Dentures Which of the following is Not a characteristic or a service of an HMO plan a) Pro...
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Add to cartSC Life & Health Insurance Questions & Answ Which of the following is NOT considered to be a basic service, under a nonscheduled plan a) oral surgery b) Fillings c) Dentures d) Endodontics - ANSWERSC) Dentures Which of the following is Not a characteristic or a service of an HMO plan a) Pro...
South Carolina life only state exam simulator Exam Questions and Answers 100% Correct!!The Do Not Call Registry offers exemptions for calls placed from all of the following EXCEPT - ANSWERSinsurance sales calls A provision in a whole life policy that allows a policyowner to terminate the policy i...
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Add to cartSouth Carolina life only state exam simulator Exam Questions and Answers 100% Correct!!The Do Not Call Registry offers exemptions for calls placed from all of the following EXCEPT - ANSWERSinsurance sales calls A provision in a whole life policy that allows a policyowner to terminate the policy i...
SC LAH Insurance Exam Questions & AThe SC Director of Insurance is - ANSWERSAppointed The Director must be approved by the - ANSWERSSouth Carolina Senate The Director has the same powers as a - ANSWERSCircuit Court Judge, but only in insurance A producer must be working for an insurance com...
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Add to cartSC LAH Insurance Exam Questions & AThe SC Director of Insurance is - ANSWERSAppointed The Director must be approved by the - ANSWERSSouth Carolina Senate The Director has the same powers as a - ANSWERSCircuit Court Judge, but only in insurance A producer must be working for an insurance com...
SC Personal Lines Exam Questions & Answers 100% accurate!! 6 loss valuation methods -ANSWERS actual cash value, replacement value, functional replacement value, market value, stated amount, agreed value waiver & estoppel -ANSWERS a person has given up a known or legal right 4 components of ...
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Add to cartSC Personal Lines Exam Questions & Answers 100% accurate!! 6 loss valuation methods -ANSWERS actual cash value, replacement value, functional replacement value, market value, stated amount, agreed value waiver & estoppel -ANSWERS a person has given up a known or legal right 4 components of ...
South Carolina Life Insurance Producer Questions & Answers 100% accurate!! Producer - ANSWERSIndependent Insurance Agents also known as insurance sales agents that typically sell a variety of Insurance and financial products. resident producer - ANSWERSAn agent who holds an insurance license in ...
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Add to cartSouth Carolina Life Insurance Producer Questions & Answers 100% accurate!! Producer - ANSWERSIndependent Insurance Agents also known as insurance sales agents that typically sell a variety of Insurance and financial products. resident producer - ANSWERSAn agent who holds an insurance license in ...
Brewer Insurance- South Carolina Property and Casualty Questions & Answers 100% accurate!! What are the minimum requirements to become a licensed producer in SC? - ANSWERS18 years of age good morale (character) not been convicted of felony pay fees pass state exam What documentation is req...
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Add to cartBrewer Insurance- South Carolina Property and Casualty Questions & Answers 100% accurate!! What are the minimum requirements to become a licensed producer in SC? - ANSWERS18 years of age good morale (character) not been convicted of felony pay fees pass state exam What documentation is req...
South Carolina Insurance Regulations Questions & Answers 100% accurate!!-be at least 18 years of age -be of good moral character -not have been convicted of a felony or crime -pay the required licensing fee -pass the state exam - ANSWERSto qualify for a license, applicant must - take and pas...
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Add to cartSouth Carolina Insurance Regulations Questions & Answers 100% accurate!!-be at least 18 years of age -be of good moral character -not have been convicted of a felony or crime -pay the required licensing fee -pass the state exam - ANSWERSto qualify for a license, applicant must - take and pas...
insurance exam Questions and Answers 100% Correct!! The Director is empowered to - ANSWERSenforce state laws relating to insurance The PRIMARY purpose of the Fair Credit and Reporting Act is to - ANSWERSprotect consumers with guidelines regarding credit reporting and distribution Someone who ...
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Add to cartinsurance exam Questions and Answers 100% Correct!! The Director is empowered to - ANSWERSenforce state laws relating to insurance The PRIMARY purpose of the Fair Credit and Reporting Act is to - ANSWERSprotect consumers with guidelines regarding credit reporting and distribution Someone who ...
SC P&C PSI Exam Questions and AnswerWhat are the minimum requirements to become a licensed producer in SC? - ANSWERSAt least 18, good moral character, clean SLED background, passed the LAH test, completed DOI license registration application sand paid the fee What documentation is requested by th...
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Add to cartSC P&C PSI Exam Questions and AnswerWhat are the minimum requirements to become a licensed producer in SC? - ANSWERSAt least 18, good moral character, clean SLED background, passed the LAH test, completed DOI license registration application sand paid the fee What documentation is requested by th...
South Carolina Life and Health Exam Practice Questions & Answers 100% Correct What is the purpose for having an accelerated death benefit on a life insurance policy? - ANSWERSIt allows for cash advances to be paid Premium for a modified whole life policy is - ANSWERSlower then typical during fir...
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Add to cartSouth Carolina Life and Health Exam Practice Questions & Answers 100% Correct What is the purpose for having an accelerated death benefit on a life insurance policy? - ANSWERSIt allows for cash advances to be paid Premium for a modified whole life policy is - ANSWERSlower then typical during fir...
SC Insurance Exam 2024Questions & AnswWhich of the following is Medicare Part B also known as? - ANSWERSMedical Insurance If the annuitant dies before the annuity start date - ANSWERSthe premiums paid plus interest earned will be given to the beneficiary An insured individual and the policy's...
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Add to cartSC Insurance Exam 2024Questions & AnswWhich of the following is Medicare Part B also known as? - ANSWERSMedical Insurance If the annuitant dies before the annuity start date - ANSWERSthe premiums paid plus interest earned will be given to the beneficiary An insured individual and the policy's...
Life, Accident, and Health Insurance Exam (SC)Questions and Answers 100% Correct Life, Accident, and Health Insurance Exam (SC)Questions and Answers 100% Correct What are the minimum requirements to become a licensed producer in South Carolina? -ANSWERS- at least 18 years old - good moral chara...
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Add to cartLife, Accident, and Health Insurance Exam (SC)Questions and Answers 100% Correct Life, Accident, and Health Insurance Exam (SC)Questions and Answers 100% Correct What are the minimum requirements to become a licensed producer in South Carolina? -ANSWERS- at least 18 years old - good moral chara...
SC Insurance Brokers Exam Questions & Answers 100% accurate Resident Licensing Requirements - ANSWERS1. Be licensed as a resident property and casualty insurance producer. 2. Pass the SC broker licensing examination with 70% or better. 3. Pay a biennial fee of $200 4. File surety bond in favor...
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Add to cartSC Insurance Brokers Exam Questions & Answers 100% accurate Resident Licensing Requirements - ANSWERS1. Be licensed as a resident property and casualty insurance producer. 2. Pass the SC broker licensing examination with 70% or better. 3. Pay a biennial fee of $200 4. File surety bond in favor...
Final Exam - South Carolina Life and Health Questions & Answers 100% accurate A closed network plan offers a primary physician copay of $25. If a subscriber chooses a primary care physician outside of the network, the subscriber will likely pay - ANSWERS100% of the billed amount What does Coordi...
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Add to cartFinal Exam - South Carolina Life and Health Questions & Answers 100% accurate A closed network plan offers a primary physician copay of $25. If a subscriber chooses a primary care physician outside of the network, the subscriber will likely pay - ANSWERS100% of the billed amount What does Coordi...
SC Accident. Health, and Life Insurance Exam Questions & Answers 100% accurateAnnuity Certain - ANSWERSMaria would like an annuity that provides a guaranteed accumulation or payout. The type of annuity she is seeking is called Survivorship Life - ANSWERSThe type of policy which pays on the death ...
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Add to cartSC Accident. Health, and Life Insurance Exam Questions & Answers 100% accurateAnnuity Certain - ANSWERSMaria would like an annuity that provides a guaranteed accumulation or payout. The type of annuity she is seeking is called Survivorship Life - ANSWERSThe type of policy which pays on the death ...
SC life insurance exam study set Questions & Answers 100% Verified accurate! An insurer will accept a premium from the insured and continue theicoverage in full force as though it was NOT late during which time period? Incontestable period Probation period Reinstatement period Grace perio...
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Add to cartSC life insurance exam study set Questions & Answers 100% Verified accurate! An insurer will accept a premium from the insured and continue theicoverage in full force as though it was NOT late during which time period? Incontestable period Probation period Reinstatement period Grace perio...
South Carolina Property and Casualty Insurance Exam Questions & Answers 100% accurate! The process an insurer uses to evaluate applications and determine if a policy should be issued and on what terms, conditions, and rate is known as? - ANSWERSUnderwriting The Director is conducting an examin...
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Add to cartSouth Carolina Property and Casualty Insurance Exam Questions & Answers 100% accurate! The process an insurer uses to evaluate applications and determine if a policy should be issued and on what terms, conditions, and rate is known as? - ANSWERSUnderwriting The Director is conducting an examin...
SC Life Insurance Exam Questions & Answers 100% accurate! The balance of the loan will be taken out of the death benefit - ANSWERSIf a policy has a automatic loan provision, what happens if the insured dies before the loan is paid back? Inspection Report - ANSWERSAn insurer receives a report r...
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Add to cartSC Life Insurance Exam Questions & Answers 100% accurate! The balance of the loan will be taken out of the death benefit - ANSWERSIf a policy has a automatic loan provision, what happens if the insured dies before the loan is paid back? Inspection Report - ANSWERSAn insurer receives a report r...
South Carolina Insurance Exam Questions & Answers 100% accurate! An insurer is REQUIRED to offer which of the following to each long-term care applicant at the time of purchase? - ANSWERSInflation protection Which of these riders will pay a death benefit if the insured's spouse dies? - ANSWERSF...
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Add to cartSouth Carolina Insurance Exam Questions & Answers 100% accurate! An insurer is REQUIRED to offer which of the following to each long-term care applicant at the time of purchase? - ANSWERSInflation protection Which of these riders will pay a death benefit if the insured's spouse dies? - ANSWERSF...
South Carolina Rules & Regulations Flashcards Accurate 100% What is considered the purpose of the Guaranty Association? -ANSWER "Protect insureds from insolvent insurers" An insurance company that has qualified and received a Certificate of Authority from the Department of Insurance to sell ...
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Add to cartSouth Carolina Rules & Regulations Flashcards Accurate 100% What is considered the purpose of the Guaranty Association? -ANSWER "Protect insureds from insolvent insurers" An insurance company that has qualified and received a Certificate of Authority from the Department of Insurance to sell ...
Sc life & health final Questions 100% Jonas has disability insurance through his employer . The employer pays 75 % of the premium , and Jonas pays the other 25 % . What is Jonas's tax liability for any benefits paid from the disability plan ? O Taxes must be paid on all benefits received O No ...
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Add to cartSc life & health final Questions 100% Jonas has disability insurance through his employer . The employer pays 75 % of the premium , and Jonas pays the other 25 % . What is Jonas's tax liability for any benefits paid from the disability plan ? O Taxes must be paid on all benefits received O No ...
NC Insurance Licensing Exam Questions & Answers(Graded A) P is a producer who notices 5 questions on a life application were not answered. What actions should P take? -ANSWER Set up a meeting with the applicant to answer the remaining questions Which of the following does Social Security NOT...
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Add to cartNC Insurance Licensing Exam Questions & Answers(Graded A) P is a producer who notices 5 questions on a life application were not answered. What actions should P take? -ANSWER Set up a meeting with the applicant to answer the remaining questions Which of the following does Social Security NOT...
Xcel Testing Solutions- Life and Health Insurance- Weighted Exam- 150 Questions 100% Answered! The Do Not Call Registry offers exemptions for calls placed from all of the following EXCEPT -ANSWER insurance sales calls Charities, political organizations, and surveys are all offered exemptions from ...
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Add to cartXcel Testing Solutions- Life and Health Insurance- Weighted Exam- 150 Questions 100% Answered! The Do Not Call Registry offers exemptions for calls placed from all of the following EXCEPT -ANSWER insurance sales calls Charities, political organizations, and surveys are all offered exemptions from ...
State Health Insurance Exam accurate 100% A policy with an impairment rider, the policy won't be considered delivered until: - ANSWERImpairment rider has been explained and the applicant's signature has been obtained A preexisting condition waiting period for a small employer may not be lo...
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Add to cartState Health Insurance Exam accurate 100% A policy with an impairment rider, the policy won't be considered delivered until: - ANSWERImpairment rider has been explained and the applicant's signature has been obtained A preexisting condition waiting period for a small employer may not be lo...
SC Life, Accident, Health accurate 100% Reciprocal Agreement -ANSWER Two states allowing for non resident license What two brokers dont need a license -ANSWER Surplus and Excess Fine for selling ins without license? -ANSWER $10,000 Who examines foreign and alien insurers? -ANSWER Regul...
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Add to cartSC Life, Accident, Health accurate 100% Reciprocal Agreement -ANSWER Two states allowing for non resident license What two brokers dont need a license -ANSWER Surplus and Excess Fine for selling ins without license? -ANSWER $10,000 Who examines foreign and alien insurers? -ANSWER Regul...
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