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NEBRASKA LIFE AND HEALTH INSURANCE TESTS COMPILATION BUNDLE
NEBRASKA LIFE AND HEALTH INSURANCE TESTS COMPILATION BUNDLE
[Mostrar más]NEBRASKA LIFE AND HEALTH INSURANCE TESTS COMPILATION BUNDLE
[Mostrar más]All of the following influence the premiums charged for life insurance policies, Except? 
A. Mortality 
B. Agent Commissions 
C. Investment Return 
D. Insurance comissioner correct answer: Insurance Commissioner 
 
Spreads the risk of loss from one person to a large number of people through the poo...
Vista previa 2 fuera de 12 páginas
Añadir al carritoAll of the following influence the premiums charged for life insurance policies, Except? 
A. Mortality 
B. Agent Commissions 
C. Investment Return 
D. Insurance comissioner correct answer: Insurance Commissioner 
 
Spreads the risk of loss from one person to a large number of people through the poo...
Adverse Selection correct answer: Insuring of risks more prone to loss than the average 
 
Agent/Producer correct answer: legal representative of an insurance company 
 
Applicant/Proposed insured correct answer: a person applying for insurance 
 
Hazard correct answer: Conditions that increase ...
Vista previa 3 fuera de 25 páginas
Añadir al carritoAdverse Selection correct answer: Insuring of risks more prone to loss than the average 
 
Agent/Producer correct answer: legal representative of an insurance company 
 
Applicant/Proposed insured correct answer: a person applying for insurance 
 
Hazard correct answer: Conditions that increase ...
Before delivering a health insurance policy to a client, the producer alters the insuring clause in a way that he believes will benefit the insurance company. Which of the following statements is true about this alteration? correct answer: It is prohibited by the entire contract provision 
 
Which ...
Vista previa 3 fuera de 23 páginas
Añadir al carritoBefore delivering a health insurance policy to a client, the producer alters the insuring clause in a way that he believes will benefit the insurance company. Which of the following statements is true about this alteration? correct answer: It is prohibited by the entire contract provision 
 
Which ...
Nebraska Life and Health Insurance Exam Questions With Complete Solutions
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Añadir al carritoNebraska Life and Health Insurance Exam Questions With Complete Solutions
Insurance Agreement correct answer: Contract made between insurance company and individual 
 
Risk Pooling correct answer: Combines similar losses from many people to average loss over the group 
 
Law of Large Numbers correct answer: The larger the group, the easier it is to predict loss 
 
Actu...
Vista previa 2 fuera de 6 páginas
Añadir al carritoInsurance Agreement correct answer: Contract made between insurance company and individual 
 
Risk Pooling correct answer: Combines similar losses from many people to average loss over the group 
 
Law of Large Numbers correct answer: The larger the group, the easier it is to predict loss 
 
Actu...
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