Credit Insurance
🇬🇧
In Inglés
In Inglés
Practique preguntas conocidas
Manténgase al día con sus preguntas pendientes
Completa 5 preguntas para habilitar la práctica
Exámenes
Examen: pon a prueba tus habilidades
Pon a prueba tus habilidades en el modo de examen
Aprenda nuevas preguntas
Popular en este curso
Aprende con fichas
Modos dinámicos
InteligenteMezcla inteligente de todos los modos
PersonalizadoUtilice la configuración para ponderar los modos dinámicos
Modo manual [beta]
El propietario del curso no ha habilitado el modo manual
Otros modos disponibles
elección múltipleModo de elección múltiple
Expresión oralResponde con voz
EscrituraModo de solo escritura
Credit Insurance - Marcador
Credit Insurance - Detalles
Niveles:
Preguntas:
34 preguntas
| 🇬🇧 | 🇬🇧 |
| Permanent assignment by the policy owner of all rights and control to a third party, including ownership of the policy. | Absolute Assignment |
| A legal concept (offer & acceptance) by which the contract is concluded and the parties are bound. | Acceptance |
| An insurance company authorized (licensed) to transact insurance business within the state. | Admitted Company |
| The tendency of less than average risks to purchase or continue to be covered by insurance resulting in increase claims and reduced profitability. | Adverse Selection |
| The contract between the agent and the insurer which provides the agent with express authority to act on behalf of the insurer. | Agency Agreement |
| A legal principle which states that equal value is not provided by the parties to a contract. | Aleatory Contract |
| A written report from the personal physical of an insurance applicant which provides information regarding health history and current treatment. | Attending Physician Statement (APS) |
| An insurer's license to transact insurance business. | Certificate of Authority |
| The head of the Insurance Department | Commissioner |
| Life insurance written on an agent's own life, his or her spouse, children or business partners. | Controlled Business |
| An insurance contract whereby a creditor is indemnified for the indebtedness of a debtor when the debtor is totally disabled. | Credit Disability Insurance |
| Usually a group decreasing term contract whereby a creditor is indemnified for the indebtedness upon the death of the debtor. | Credit Life Insurance |
| The period of time that the insured must be totally disabled before any disability income benefits are payable; also referred to as the waiting period. | Elimination Period |
| A written change or amendment to a policy. | Endorsement |
| A policy provision which states that the entire contract of insurance consists of the policy, any amendments and the application. | Entire Contract |
| The death benefit stated in the policy. | Face Amount |
| A federal law which requires that an applicant for insurance be advised that a consumer report may be requested. The Act is designed to protect the privacy of the applicant. | Fair Credit Reporting Act |