ExamS BUNDLE FOR Insurance Licensing |Questions with Verified Answers Already Rated A+

Which of the following would be covered under the property section of a homeowners policy? a motorized wheelchair Because the Earthquake-California endorsement has been added to Esteban's homeowners policy, the major difference between his coverage for earthquakes and his coverage for other per...

Which one of the following statements about license issuance and renewal is NOT correct? A) Renewal applications must be accompanied by a $100 late renewal fee B) Licenses automatically expire if the renewal application and fee are not received by the expiration date C) An expired license must b...

With employer-paid group health insurance, premiums are A) not taxable for employees B) taxable for employees C) not taxable for employers D) not deductible for employers - A Which of the following entities would NOT be offered a blanket health insurance policy? A) A college B) The employees ...

delivery receipt - signed document that starts a free look period 15 days - Once the insurance company receives a notice of claim, they have ____-____ to send the claim form. domestic - An insurance company that conducts business in Iowa and was incorporated in Iowa is called a(n) ______ insurer...

An insured owns 4 stores. As inventory is sold, the insured transfers new inventory from other locations to the store making the sales. Which type of policy would best fit this insured's needs? A) Value reporting policy B) Specific policy C) Scheduled policy D) Blanket policy - D) Blanket poli...

Utmost Good Faith - Insurance can only work when the parties to the contract are completely honest with each other. That's why insurance contracts are what kind of contracts? Family, Friends, or a primarily a personal contract - An agent will violate the prohibition against controlled business i...