Chapter 16 w.a

Pataasin ang iyong marka sa homework at exams ngayon gamit ang Quizwiz!

within how many days must an insurer acknowledge communication regarding an insurance claim

15 days

within how many days of requesting a investigative consumer report must an insurer notify the insured in writing the report will be attained

3 days

licenses may be renewed within how many days before expiration

90

a Certificate of Authority in Nebraska must be renewed

annually

how often must a set of continuing education requirements be completed by resident producers

every 2 years

under the Fair Credit Reporting Act, if the consumer challenges the information on the report the agency must

respond to the consumer's complaint

what protects consumers from the circulation of inaccurate or obsolete information

the Fair Credit Reporting Act

who issues a certificate of authority

the director

any licensed person whose activities affect interstate commerce and who knowingly makes false statements related to the business of insurance may be imprisoned up to

10 years

a person who violates the Insurance Producers Licensing Act may receive a fine up to, along with having their license revoked

1000$

how long does a temporary producer license last

180 days

a director denies a license, within how many days must an appeal be held

30 days

how many days must a producer notify the director of a change of address

30 days

maximum penalty for habitual willful noncompliance with the Fair Credit Reporting Act

2,500$


Kaugnay na mga set ng pag-aaral

Micro 270- Ch 11 & Ch 12 Concepts

View Set

CISSP Chapter 2: Personnel Security and Risk Management Concepts

View Set

Organizational Behavior, Chapter 18

View Set

Legal Environment of Business Final Exam

View Set

Neuro questions - Myasthenia gravis, Parkinsons, SCI, stroke, MS

View Set