52 if the insured consults during the first policy year the insurer will a. Pay the face amount but not double b. Pay 10% of the policy face value c. Return all premiums and not pay the claim d. Return all premiums less company expenses
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- help asapWhat is the role of the board of directors in a corporation?Which of the following statements BEST describes the primary difference between a Henim Maintenance on (IMO) and a Preferred Provider Organization (PPO A Under a PPO the insured may use any medical provider whereas providers are restricted with HMOS Under an HMO the deductibles are higher than are those of PPOS. PPOS do not provide preventive care benefits whereas HMOs do. HMOS utilize larger cost sharing than do PPOS OB COD
- Which of these types of risks increases in strong correlation with a rise in interest rates? Credit Risk Operational Risk Off-Balance Sheet RiskGowns a Business Overhead Expense policy with a monthly benefit of $5,000. G pays an annual premium on January 1. On June 1 of the same year, G sells the later, G becomes disabled as the result of a fall. In this situation, which of the following monthly benefits, will Greceive? O A OC D. $10,000 $5,000 $2,500 $0What happens when an employee records a fictitious refund of goods at his cash register? a. A disbursement from the register is unrecorded. b. The victim company’s inventory is unreported, and a disbursement from the register is overstated c. The victim company’s inventory is overstated, and a disbursement from the register is recorded. d. The victim company’s inventory is understated.
- the office of insurance regulation may examine the records of an insurance company O a. Determine the solvency of the company b. determines the trust deposit of the company c. approves the claims records of the company for tax purposes. d. assess the company's value on behalf of prospective investorsWhich of the following assets is classified as Trading Stock? Select one:Property acquired by an employee who plans to rent it outShares acquired by an investor who hopes to hold the shares for at least 12 monthsTelevisions acquired by a hotel owner who plans to install it in hotel roomsLand acquired by a property developer for the purpose of resaleWhich of the following policies combines life and healih coverage? A. Hospital Indemnify B. Major Medical C. Accidental Death and Dismemberment D. Dread Disease and Medical Expense