Conditional Study guides, Class notes & Summaries

What is insurance? (Ans- protection against financial loss what is a premium (Ans- a scheduled amount to be paid for an insurance policy. What are premiums used for (Ans- premiums are collected into a "pool" or "reserve to pay out claimants when needed. how can insurance companies afford to pay for an individuals catastrophic loss? (Ans- the insurer collects premiums from all policy holders and uses them to pay out the claims of a few. what is Indemnity (Ans- payment for...

What is it called when a life insurance policy pays a multiple of the coverage amount when certain types of accidents occur? - multiple indemnity Upon the issuance of a conditional receipt for a renewal when the premium is paid AFTER the time granted by the insurer, what is the maximum amount of time for reinstatement of the policy? - 30 days Which of the following statements regarding a pure life annuity payout option is correct? - This option provides the highest monthly income. Which o...

FL Health Agent 240 Questions and Answers Already Passed An organization that transacts insurance only with its own members is a(n): Fraternal The ____________ has the power to issue rules and regulations to help enforce insurance laws. Commissioner, Superintendent, or Director All of the following are essential elements of a legal contract, EXCEPT: Representation Which of the following manufactures and sells insurance coverage in the form of insurance policies or contracts of insurance? Insu...

2023 RENEWAL FOR MICROSOFT CERTIFIED AZURE ADMINISTRATOR ASSOCIATE Your company has serval departments. Each department has a number of virtual machines (VMs).The company has an Azure subscription that contains a resource group named RG1.All VMs are located in RG1.You want to associate each VM with its respective department.What should you do? A. Create Azure Management Groups for each department. B. Create a resource group for each department. C. Assign tags to the virtual machines. D...

Florida Claims Adjuster Exam Questions with Correct Answers 1 / 36 1. Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy.The insurance company will make a payment to: A. The first mortgagee, ABC B. The Insured C. Jointly to ABC and XYZ D. All listed interests: D. All listed interests Remember that the insurer is not responsible to know the degrees of interest. In the event of a loss, one payment is ma...

The stated amount or percent of liquid assets that an insurer must have on hand that will satisfy future obligations to its policyholders is called: Reserves An insurance applicant MUST be informed of an investigation regarding his/her reputation and character according to the: Fair Credit Reporting Act A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: A fraternal benefit society What I the name...

What can you customize when you insert a hyperlink in a cell? - correct answer Display text Which takes priority when a sheet has 2 conditional formatting rules? - correct answer The rule on the top Which type of user can create or own a sheet in Smartsheet? - correct answer Licensed What permission is required to hide and unhide columns? - correct answer Admin Vivian uses a sheet to track the status of a project that she is managing. Several cells are cell linked to a sheet ...

Test Bank For Essentials of Strength Training and Conditioning 4th Edition By National Strength and Conditioning Association | Complete Questions And Answers A+

UTA INSY 3304 - Exam 2 - Chapter 7&9 Latest 2023 Graded A Data definition language DDL Data manipulation language DML CREAT SCHEMA AUTHORIZATION Creates a database schema CREATE TABLE Creates a new table in the user's databse schema NOT NULL Ensures that a column will not have null values UNIQUE Ensures that a column will not have duplicate values PRIMARY KEY Defines a primary key for a table FOREIGN KEY Defines a foreign key for a table DEFAULT Defines a default value for a column ( wh...

Rules of Construction Help to identify and establish the intent of the parties to the contract Utmost good faith Each party is entitled to rely on the representation of the other, and each party should have a reasonable expectation that the other is acting in good faith without attempts to conceal or deceive. Aleatory Contract A contract under which one party's performance is contingent on an uncertain event. property and casualty agent has the power to bind the insurer...