Nguyên tắc bảo hiểm chungCâu 580 / 716
The producer's role in field underwriting includes:
a.Calculating the insurer's required reserves
b.Setting the applicant's final premium rate and issuing the binding decision on whether the proposed risk is accepted, rated, or declined by the company
c.Approving the applicant's final risk classification
d.Gathering accurate information and helping ensure the application is complete and truthful, serving as the first line of underwriting
Giải thích
As the first line of underwriting, the producer collects accurate, complete information and observes the applicant, but does not set rates, classify risk, or determine reserves, which are the insurer's functions.
Luyện miễn phí toàn bộ 716 câu hỏi — không cần đăng ký.
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Câu hỏi liên quan cùng chủ đề
- A stranger-originated life insurance (STOLI) arrangement is prohibited primarily because:
- Which relationship most clearly satisfies insurable interest for a life insurance policy?
- Insurers combat adverse selection primarily through:
- The Medical Information Bureau (MIB) assists insurers by:
- In using MIB data, an insurer may NOT:
- Under the Fair Credit Reporting Act (FCRA), when an insurer obtains a consumer or investigative report on an applicant, the applicant:
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Đội ngũ PrepPass · Đối chiếu với California Life & Health Insurance License Exam · Quy trình kiểm tra
Người kiểm duyệt John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — kiểm tra)