Which of the following is least likely to be covered by your homeowners’ policy? A) Damage to landscaping due to a covered loss B) Fees for service calls by the fire department C) Rented property off your premises D) Removal of property damaged by a covered loss ANSWER C
Date: September 19th, 2020
If the cost of an office visit is $50 and you have a $15 copayment under your health insurance coverage, your insurance will pay A) $50. B) $35. C) $15. D) $0. ANSWER B
Date: September 19th, 2020
Following the recession of 2007 – 2009, yield curves for interest rates the United States were ________, and overall, rates were beneficial for ________. A) sharply downward sloping; lenders B) sharply downward sloping; borrowers C) sharply upward sloping; lenders D) sharply upward sloping; borrowers ANSWER D
Date: September 19th, 2020
When the estate is divided equally among the family’s offspring, there is a A) per capita division of the property. B) per se division of the property. C) per stirpes division of the property. D) per quod division of the property. ANSWER A
Date: September 19th, 2020
A testatrix is A) a witness to the signing of the will. B) the author of the will. C) the probate lawyer. D) a female beneficiary. ANSWER B
Date: September 19th, 2020
Which of the following forms of hospital insurance makes full and direct reimbursement to the provider of care for covered services? A) Hospital expense insurance B) Hospital indemnity insurance C) Hospital service-benefit coverage D) all of the above ANSWER C
Date: September 19th, 2020
Which of the following is least likely to be covered under your homeowners’ policy? A) Liability for minor damage in an automobile accident B) Liability while doing occasional babysitting C) Liability for a minor delivering newspapers D) Liability for accidents others have while on your property ANSWER A
Date: September 19th, 2020
Generally, an economic SWOT analysis will move in this direction: A) the industry outlook to the broad economy to firm specific information and finally individual store sales. B) the broad economy to the industry outlook to firm specific information and finally individual store sales. C) the industry outlook to the broad economy to individual store […]
Date: September 19th, 2020
An equity trust invests in equity securities, such as common stocks. Indicate whether the statement is true or false ANSWER FALSE
Date: September 19th, 2020
In the jargon of the insurance industry, “UCR” stands for A) Urgent Care Reimbursement. B) Usual Customary and Reasonable. C) Usual Care Reimbursement. D) Usual Customary and Responsible. ANSWER B
Date: September 19th, 2020
