Insurance Questions

Your renter's insurance policy costs $20/month and has a $1,000 deductible. A thief breaks into your apartment and steals your $800 TV set. How much would your insurance company pay?

As in many states, an agent is required to deliver to the applicant a ___________and a ___________

Whenever a ________ is collected at the time of application, the producer must leave a _______ with the applicant

Inspection receipts are not technically premium receipts since their specific purpose is to

When an agent submits an application that reveals _________ regarding the applicant, the agent is responsible for providing the insurance applicant with ___________

This receipt is proof that ___________ with the application

In such cases, common company practice requires that, _________________, the agent must collect the insured's ______________ obtain a signed statement attesting to _______________

the policyowner signs an _________ when the policy is received, examines the policy, and then

An insurance company may NOT reject a prospective insured's application

If an insurance company obtains an _______ prospective insured, it must inform the prospect that it is permitted to do so under The Fair Credit Reporting Act

When an investigative consumer report is used in connection with _______________ the applicant has the right to _________

The conditional receipt provides that when the applicant __________ coverage is effective on the condition that _________ either on the date the application was signed or _____________

A copy of the ________ must accompany an insurer's request for an _____________________

According to HIPAA, a privacy rule that provides __________ for an individual's health information and gives patients an array of rights concerning ____________

Part II focuses on the _________ and asks several questions about the ______________

Each application requires the signatures of the proposed adult insured, ________________, and the agent who solicits the application

The ______ appearing on a conditional receipt always reflects a date ________ than the policy's issued date

The MIB report will also identify _______ with other carriers and ______________

Constructive delivery is accomplished technically if the insurance company ________ and turns it over to ___________ including the company's own agent

The __________ is the first premium payment plus the _____________