To apply for multiple licenses, the broker must file with the Department of Business and Professional Regulations, or the DBPR, who is in charge of licensing and regulating real estate and all other businesses that require licensing. a. If only one party to an insurance contract has made a legally enforceable promise, what kind of contract is it? Answer: A. a. premiums are fixed for the first 5 years. b. that the claim will be paid if the insurer becomes insolvent. policy. Some Microsoft Online products you might own are add-ons. Which of the following is true? All other factors being equal, what would the premium be like in a survivorship life policy as compared to the premium in a joint life policy? This is done to ensure that any users who are added to the group can receive the fully working product. Name some factors that can cause a shift in the demand curve in markets for goods and services. Which of the following is true regarding the beneficiary designation of the former spouse. How long will a real estate license that has been involuntarily inactive for, automatically expire, or be classed as null and void? It is issued to group insurance . The Commissioner may revoke or suspend a license without an opportunity for a hearing If a cease and desist order is violated the penalty may be up to $25,000 per violation, What is the minimum amount of notice an insurer must provide to a policyholder in advance of canceling a personal policy for nonpayment of premium? Benefits are 50% of the difference when an employee becomes partially incapacitated as the result of injury To change information on your vehicle title, you need: Certificate of title (original only, no copies) A completed title amendment form. 24 (with 2 hours in ethics), Pre-Licensing Insurance Course Chapter 19 (Pa, Tennessee Laws and Departmental Rules Common, TEST 3 Superficial Venous Mapping & Chronic V, I NEED 120 QUESTION CORRECT TO PASS TEST WITH, CH. All of the following are marketing arrangements used by insurers EXCEPT An insured committed suicide one year after his life insurance policy was issued. While removing license assignments from a group, there can be failures if user has a dependent license assigned or if there is a proxy address conflict issue which prohibits the license removal. Coverage ends and the policy cannot be reinstated. price is ___________ the equilibrium price. D. To reduce expenses and improve cash flow. The New York Superintendent has the responsibility to make sure each entity transacting insurance in this state remains solvent. To learn more about other scenarios for license management through groups, see the following: More info about Internet Explorer and Microsoft Edge, "Proxy address \text { 3-Month } \\ Which of the following is NOT a characteristic of an insurable risk?
Pisthetaerus Pronunciation, Brevard County Court Live Stream, Articles W