Study guides, Class notes & Summaries

1 - ExamFX Life and Health - General Insurance / Completing Application, Underwriting and Delivering The Policy Exam Questions and Answers 100% Pass What two elements are necessary to a life insurance contract to have a legal purpose? - Answer- 1. Insurable Interest 2. Consent Insurance is a contract that protects the insured from what? - Answer- Loss What Type of Risk is Insurable? - Answer- Pure What is the term for the causes of loss insured against in a insurance policy? - Answer- P...

1 - ExamFX Life and Health - General Insurance / Completing Application, Underwriting and Delivering The Policy Exam Questions and Answers 100% Pass What two elements are necessary to a life insurance contract to have a legal purpose? - Answer- 1. Insurable Interest 2. Consent Insurance is a contract that protects the insured from what? - Answer- Loss What Type of Risk is Insurable? - Answer- Pure What is the term for the causes of loss insured against in a insurance policy? - Answer- P...

My Life and Health Insurance Study Guide- ExamFX (2024) Questions With All Correct Answers.

Exam Fx Life and Health Tip Sheet (Graded A+) 2024

What two elements are necessary to a life insurance contract to have a legal purpose? 1. Insurable Interest 2. Consent Insurance is a contract that protects the insured from what? Loss What Type of Risk is Insurable? Pure What is the term for the causes of loss insured against in a insurance policy? Peril What Law Protects Consumers from the circulation of inaccurate or obsolete information? The Fair Credit Reporting Act What are the three types of hazards? 1. Physical 2. Moral

What two elements are necessary to a life insurance contract to have a legal purpose? 1. Insurable Interest 2. Consent Insurance is a contract that protects the insured from what? Loss What Type of Risk is Insurable? Pure What is the term for the causes of loss insured against in a insurance policy? Peril What Law Protects Consumers from the circulation of inaccurate or obsolete information? The Fair Credit Reporting Act What are the three types of hazards? 1. Physical 2. Moral

Life and Health Insurance (Florida) Exam FX Simulation Questions & answers. 100% Accurate, Verified. Which of the following employees insured under a group life plan would be allowed to convert to individual insurance of the same coverage once the plan is terminated? a) Those who have worked in the company for at least 3 years b) Those who have dependents c) Those who have no history of claims d) Those who have been insured under the plan for at least 5 years - -d) Those who have been i...