Garentee Exam 1.0

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In contrasting stock insurers with mutual insurers, which statement is true?

Stock insurers are owned by the shareholders and and issue nonparticipating policies?

An insured suffered a loss and notified her insurance company. The insurer must provide a claim from to the insured within

15 Days

When an insurer examination is ordered by the commissioner, who pays for the cost of the examination?

The insurance company that is examined

What is necessary in order to be eligible to receive benefits from a long term care policy?

The insured must be unable to preform some activities of daily living.

A producer who failed to comply with the state continuing education requirement is guilty of a

misdemeanor


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