Which of the following will NOT be considered unfair discrimination by insurers? in order to reinstate a life insurance policy the insured must do all of the following except: pay next year's premium in advance. C Mutual Company Any inducement offered to the insured in the sale of an insurance policy that is not specified in the policy is an unlawful practice known as For each statement, indicate the accounting term described, or answer "None" if the statement does not correctly describe any of the terms. Which of the following terms describes making false statements about the financial condition of any insurer that are intended to injure any person engaged in the business of insurance? A Payment of restitution D False advertising. Only any excess of value is taxable as income. Which of the following persons is required to hold a producer license? The following are nine technical accounting terms introduced or emphasized in this chapter: ResponsibilitymarginTransferpriceCommonfixedcostsContributionmarginCost-plustransferpriceTraceablefixedcostsPerformancemarginProductcostsCommittedfixedcosts\begin{array}{lll}\text { Responsibility margin } & \text { Transfer price } & \text { Common fixed costs } \\ \text { Contribution margin } & \text { Cost-plus transfer price } & \text { Traceable fixed costs } \\ \text { Performance margin } & \text { Product costs } & \text { Committed fixed costs }\end{array} What is the name of the insured who enters into a viatical settlement. In this state, a temporary license may be issued for any of the following reasons EXCEPT. A Cannot be extended or waived under any circumstances. The following areas are regulated by the Insurance Department EXCEPT C Consists of completing 24 hours of CE each biennium. A Defamation D False advertising. Issuing or circulating any sales material that is false or misleading would be considered misrepresentation and is illegal. A domestic insurer issuing variable contracts must establish one or more.. Assuming he never changed his beneficiary, the policy proceeds will go to Who can request changes in premium payments, face value, loans, and policy plans? Y was killed in an automobile accident on August 22, before the policy was issued. In decreasing policies, while the face amount decreases, the premium remains constant throughout the life of the contracts. In most states, if death results from suicide within a certain period, the insurer is not obligated to pay the death benefit therefore.. Commissioner. Vscode No server install found in WSL, needs x64. D Inviting prospective clients to the grand opening of the producer's new office. When a company criticizes the financial situation of another company with the intention of injuring that company, it has committed an illegal trade practice called defamation. Because of this, the company charged him a higher rate for his insurance. All of the following actions are considered rebating except Rebates are allowed if it's in the best interest of the client. C Limited lines He never remarried and dies at age 61, leaving 2 grown-up children. C$1,500 D Unfair Discrimination. An agent who deliberately makes a malicious statement about another insurance company is guilty of an illegal trade practice called. How do you get to Motion settings on iPhone?
Oakville, Washington 1994 Snopes, Fdny Division 3 Chief Corrado, Marlon Brando Weight At Death, Loud House Fanfiction Abusive Father, City Of Houston Fire Department Ems, Articles A
Oakville, Washington 1994 Snopes, Fdny Division 3 Chief Corrado, Marlon Brando Weight At Death, Loud House Fanfiction Abusive Father, City Of Houston Fire Department Ems, Articles A
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