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Insurance Questions and Answers (Q&A)

J. Emmerich, Web Content Writer
Answered: Feb 14, 2019
A conditional premium receipt is issued when the applicant pays the first premium of their life insurance. Assuming the applicant meets all requirements, the conditional premium receipt would...Read More

2 Answers

1314 views
C. Lopez, Chauffer
Answered: May 24, 2019
Proximate cause occurs when there is an unbroken chain of events resulting in a loss or the sufficient cause of loss or damage. Proximate cause is whatever sets off the chain of events that cause...Read More

2 Answers

944 views
John Smith
Answered: Jul 19, 2024
A binder may be oral or written

1 Answer

741 views
Fsspc
Answered: Jul 19, 2024
Signatures of the parties involved

D is correct. The four requirements for forming a valid contract are competent parties, a legal purpose, offer and acceptance, and consideration. Oral...Read More

1 Answer

620 views
H. Jones, Web Content Writer
Answered: Feb 11, 2019
Many people get life insurance policies for themselves in case they pass away. The reason is because when someone dies, there are expenses with the funeral and other aspects. The family must pay...Read More

2 Answers

562 views
John Smith
Answered: Jul 19, 2024
They invest heavily in short-term highly marketable securities

1 Answer

534 views
E. Barnes
Answered: Aug 06, 2020
A loss payee is one of the more understandable terms concerning insurance policies. It is often tied to automobile insurance and commercial or residential property insurance. Payment or loss of...Read More

5 Answers

521 views
S. Hughes
Answered: Aug 19, 2019
Trumpcare is only named as such because this was built in contrast to the healthcare provided during Obama’s time as president. The actual name of Trumpcare is American Health Care Act....Read More

1 Answer

518 views

There are 3 to 4 requirements should an insurance policy have a declaration, policy agreement, terms, and conditions. policy period and premium amount.

1 Answer

441 views
John Smith
Answered: Jul 19, 2024
Complex Sentence

A complex sentence has a base of a complete sentence with a subject, verb, and words to complete the thought . A complex sentence also adds additional information in...Read More

1 Answer

426 views
John Smith
Answered: Jul 19, 2024
Road construction grader
Bulldozer

Both of these items are specifically listed in the policys definition of mobile equipment. An auto is a land motor vehicle, trailer, or...Read More

1 Answer

413 views
John Smith
Answered: Jul 19, 2024
The cost of repairing the neighbor s fence that Mitchell damaged due to the negligent operation of his car

1 Answer

386 views
J. Goodman, Web Content Writer
Answered: Aug 14, 2019
Some people use insurance agent and broker interchangeably probably because both professions will have the ability to sell insurance. The main difference between the two is to whom they work for....Read More

3 Answers

384 views
J. Harty, Writer
Answered: Aug 28, 2019
Business is a thing almost everyone is involved in one way or the other. But businesses vary in levels and sizes. Some businesses are on a subsistence basis while some others can be on a...Read More

2 Answers

383 views
J.Barbara
Answered: Feb 16, 2018
Many people purchase a life insurance policy so that their loved ones can be safe and secure financially when they pass away. Funeral expenses can be quite a lot and it can often be even worse if...Read More

2 Answers

372 views
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