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Question 1 of 10
1. Question
What process does the company require the new customer to follow in its policies and customer privacy?
Correct
The insurance company requires each customer to follow a clear disclosure of each policy and customer privacy associated.
Incorrect
The insurance company requires each customer to follow a clear disclosure of each policy and customer privacy associated.
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Question 2 of 10
2. Question
Who is the body of law at the state level for insurance policies?
Correct
Insurance case works as the body of law for the insurance policies at a state level.
Incorrect
Insurance case works as the body of law for the insurance policies at a state level.
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Question 3 of 10
3. Question
What role does an agent play in processing another person?
Correct
An agent plays an authorized role in any insurance policy between the insurer and the insured.
Incorrect
An agent plays an authorized role in any insurance policy between the insurer and the insured.
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Question 4 of 10
4. Question
What is a necessary understanding that the agency would need to run successful insurance plans?
Correct
To run successful insurance plans, an agency should have the best knowledge of insurance plans and laws.
Incorrect
To run successful insurance plans, an agency should have the best knowledge of insurance plans and laws.
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Question 5 of 10
5. Question
What knowledge is considered to be the agent’s knowledge?
Correct
Knowledge of the principal is required for every agent and that knowledge is considered to be the agent’s knowledge.
Incorrect
Knowledge of the principal is required for every agent and that knowledge is considered to be the agent’s knowledge.
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Question 6 of 10
6. Question
When someone has the authority to act as an agent for the principal, what would he do legally?
Correct
When someone has the authority to act as an agent for the principal, he would legally do agency grant.
Incorrect
When someone has the authority to act as an agent for the principal, he would legally do agency grant.
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Question 7 of 10
7. Question
At the time of the contract, the producer has to take care of the accuracy of which document has to be in the interest of both the company and the insurance company.
Correct
At the time of contract, the producer must take care of the accuracy of insurance clauses to be in the favour of both the insurer and the insured.
Incorrect
At the time of contract, the producer must take care of the accuracy of insurance clauses to be in the favour of both the insurer and the insured.
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Question 8 of 10
8. Question
Which insurance is the most common insurance prevailing globally than the need for a medical exam?
Correct
Life insurance is considered to be the most common insurance prevailing all over the world than the medical exam.
Incorrect
Life insurance is considered to be the most common insurance prevailing all over the world than the medical exam.
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Question 9 of 10
9. Question
How much amount of insurance Americans spend usually on adult life.
Correct
the Americans spend almost forty-five thousand dollars on adult life.
Incorrect
the Americans spend almost forty-five thousand dollars on adult life.
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Question 10 of 10
10. Question
What does the concept of the value of human life cost?
Correct
The concept of human life costs the individual dollars of a person.
Incorrect
The concept of human life costs the individual dollars of a person.