In an insura Study guides, Class notes & Summaries

TOP: Gene Therapy KEY: Nursing Process Step: Implementation MSC: NCLEX: Health Promotion and Maintenance: Prevention and Early Detection of Disease • The nurse is clarifying information to a patient regarding diagnosis-related groups (DRGs). What is the nurses best response when the patient asks how DRGs reduce medical care costs? • By determining payment based on diagnosis • By requiring two medical opinions to confirm a diagnosis • By organizing HMOs • By defining a person wh...

TEXAS ADJUSTER EXAM 2024 WITH 100% CORRECT ANSWERS If an automobile policy has split limits of 30/60/25. What is the maximum amount of liability coverage that would be paid in a covered loss where three people are involved. - correct answer $30,000 Which of the following statements best describes an inland marine policy? - correct answer Pertains to Cargo with no fixed location Alex is traveling through College Station and hits a deer, and the damages are $1500. He has comprehensive c...

Pearson VUE: Casualty Insurance Practice Exam 2024/2025 already graded A+

LA Life Insurance Series 101 Exam Questions And Answers Solved 100% Correct!

The minimum grace period for a life insurance policy sold in Alabama is: - Answer- 30 days Alabama's annuity disclosure regulation: - Answer- Requires the delivery of a buyer's guide and a disclosure document to annuity applicant An insurer pays a large claim for medical expenses after the insured has only made one premium payment. This is an example of an: - Answer- Aleatory contract Which of the following is NOT guaranteed by a whole life policy? - Answer- policy dividends Any in...

PRIMERICA LIFE INSURANCE EXAM WITH 100% VERIFIED QUESTIONS AND ANSWERS LATEST UPDATED 2024 WITH RATIONALES

NYS Life, accident, and health insurance Exam Already Passed Which type of life insurance policy is best suited for paying off the outstanding balance of a 30-year mortgage in the event of the insured's death? ANS-30-year decreasing term. How many days notice does the ACA require insurers to give before rescinding coverage? ANS-30 A signed good health statement may be requested by a life producer at the time of ANS-Policy Delivery Carol purchases a whole life policy that provides a c...

C213 On May 1, 2011, a company using accrual accounting purchased equipment costing $500,0 C213 On May 1, 2011, a company using accrual accounting purchased equipment costing $500,000. It expects the equipment to have a useful life of five years. At the time of purchase, the company also purchased a one-year insurance policy on this equipment, which cost $6,000. How much insurance expense should the company have recognized for the year ending in 2011? Insurance Expense Calculation When a com...

When are group disability benefits considered to be tax-free to the insured? - Answer- When the recipient pays the premiums An insurable interest in each other's lives may exist in absence of an economic interest when the individuals are - Answer- Marriage partners What is the elimination period of an individual disability policy? - Answer- Time period a disabled person must wait before benefits are paid What happens to interest earned if the annuitant dies before the payout start date...

1. Prior to working at a VITA/TCE site, ALL VITA/TCE volunteers (greeters, client facilitators, tax preparers, quality reviewers, etc.) must: - correct answer a. Annually pass the Volunteer Standards of Conduct (VSC) certification test with a score of 80% or higher. b. Sign and date the Form 13615, Volunteer Standards of Conduct Agreement, agreeing to comply with the VSC by upholding the highest ethical standards. c. Pass the Advanced tax law certification. d. All of the above. e. Both a...

Final Exam: California Life, Accident, and Health Insurance Questions and Answers 100% Pass The systematic liquidation of a sum of money is provided by a(n) - Correct Answer ️️ - annuity An annuitant would like to determine the current value of her annuity. To do this, she multiplies the number of "accumulation units" she owns times the unit value of the "separate account". What kind of annuity BEST matches this description? - Correct Answer ️️ -Variable annuity What kind of ...