Contestability Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Contestability? On this page you'll find 89 study documents about Contestability.
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WebCE Exam Questions with correct Answers
- Exam (elaborations) • 6 pages • 2023
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Indirect Loss - Answer- A secondary loss that follows from a direct loss to insured property from a covered peril. 
Ex. Hotel expenses incurred by the insured while a fire-damaged home is repaired is an indirect loss that follows the direct loss of the home. 
 
Exclusive Agency System - Answer- An insurance distribution system in which producers (agents) represent a single company. 
Ex. In the exclusive agency system, insurers use independent contractors (exclusive agents) that represent only on...
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CISSP Exam Questions (1,341 terms) with Correct Solutions 2024. Contains terms like; Accountability Principle - Answer: OECD Privacy Guideline principle which states individuals should have the right to challenge the content of any personal data being hel
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CISSP Exam Questions (1,341 terms) with Correct Solutions 2024. Contains terms like; Accountability Principle - Answer: OECD Privacy Guideline principle which states individuals should have the right to challenge the content of any personal data being held, and have a process for updating their personal data if found to be inaccurate or incomplete
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Webce Insurance test questions and Answers Graded A+
- Exam (elaborations) • 53 pages • 2023
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Agent Thompson received a letter from the Department of Insurance asking her to provide proof of completing the continuing education requirements. Within how many days must Agent Thompson respond to the Department's inquiry? 
 
20 
30 
10 
45 - ANSWER-10 days 
 
Abby lives in Ohio, where she is licensed as an insurance producer. She wants to apply for a nonresident license in Pennsylvania. Which of the following conditions must she satisfy? 
 
 She must move to Pennsylvania. 
 She must surrende...
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CISSP Exam Questions (1,341 terms) with Correct Solutions 2024. Contains terms like; Accountability Principle - Answer: OECD Privacy Guideline principle which states individuals should have the right to challenge the content of any personal data being hel
- Exam (elaborations) • 162 pages • 2024
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CISSP Exam Questions (1,341 terms) with Correct Solutions 2024. Contains terms like; Accountability Principle - Answer: OECD Privacy Guideline principle which states individuals should have the right to challenge the content of any personal data being held, and have a process for updating their personal data if found to be inaccurate or incomplete
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Final Exam - Michigan Life and Health Part 2 Questions and Answers Already Passed
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Final Exam - Michigan Life and Health 
Part 2 Questions and Answers Already 
 
Passed 
 
The acceptance of a credit life application requires the submission of a certificate of insurance to 
the insured within ___ days. 
 
10 
 
20 
 
30 
 
40 30 
 
Karen is a producer who has obtained personal information about a client without having a 
legitimate reason to do so. Under the McCarran-Ferguson Act, what is the minimum penalty for 
this? 
 
$0 
 
$5,000 
$10,000 
$15,000 $10,000 
 
Which of these...
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Final Exam - Michigan Life and Health Part 2 (Actual) Questions With Correct Solutions.
- Exam (elaborations) • 39 pages • 2024
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The acceptance of a credit life application requires the submission of a certificate of insurance to the 
insured within ___ days. 
10 
20 
30 
40 - Answer-30 
Karen is a producer who has obtained personal information about a client without having a legitimate 
reason to do so. Under the McCarran-Ferguson Act, what is the minimum penalty for this? 
$0 
$5,000 
$10,000 
$15,000 - Answer-$10,000 
Which of these factors is NOT taken into consideration when determining the cost of a long-term care 
...
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MA Producer Life Insurance Exam Prep Questions and Answers Already Passed
- Exam (elaborations) • 22 pages • 2024
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MA Producer Life Insurance Exam Prep 
Questions and Answers Already Passed 
 
Which of the following is an example of an unauthorized insurance company in Illinois? 
Company C, a Florida-based company that does not hold a certificate of authority Illinois but 
whose products are approved by the Illinois insurance department 
Company D, a Canadian company that holds a certificate of authority in Illinois 
Company B, an Iowa-based company that does not hold a certificate of authority in Illinois a...
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Texas Life And Health Insurance Exam 2023 with 100% correct answers
- Exam (elaborations) • 27 pages • 2023
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In Texas, which of these statements regarding the Suicide clause is True? 
An Insurer may not use suicide as a defense against payment after the second year 
 
 
 
S owns a life insurance policy with cash values that fluctuate according to the underlying investment performance of common stocks. Which of these policies does S own? 
Variable Whole Life 
 
 
 
The percentage of an individual's Primary Insurance Amount (PIA) determines the benefits paid 
which of the following programs? 
Social Sec...
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SC Life, Accident, Health accurate 100%
- Exam (elaborations) • 27 pages • 2024
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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 Regulatory authority 
 
What is the biennial appointment fee? -ANSWER $40 
 
What is the application fee? -ANSWER $25 
 
What is Section 1034? -ANSWER Authorizes the attorney general to provide civil and c...
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Texas Life And Health Insurance Exam Questions and Answers Graded A+
- Exam (elaborations) • 23 pages • 2023
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The percentage of an individual's Primary Insurance Amount (PIA) determines the benefits paid 
which of the following programs? - ANSWER-Social Security Disability Income 
 
What type of life insurance incorporates flexible premiums and an adjustable death benefit? - ANSWER-Universal Life 
 
Which of the following policy provisions prohibits an insurance company from incorporating external 
documents into an insurance policy? - ANSWER-Entire Contract 
 
Which of the following actions may NOT be...
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