Save
Upgrade to remove ads
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Chap2

Test2

QuestionAnswer
Producers are expected to adhere to all of the following standards to protect consumers and promote suitable sales EXCEPT assessing prospects financial ability to pay commissions
Regarding landmark cases and laws involving the regulation of insurance, which of the following statements is NOT correct? The Federal Trade Commission (FTC) directly supervises all insurance marketing activities.
The Buyer's Guide is intended to accomplish all of the following EXCEPT ensure that buyers obtain the lowest price for insurance
All of the following methods support the sale of insurance through agents and brokers EXCEPT direct selling system
Which of the following is not a service provider? Lloyd's of London
In an insurance transaction, licensed agents legally represent which of the following? insurer
The State Guaranty Association guarantees that the claim will be paid if the insurer becomes insolvent
An insurance company organized and headquartered in Florida can be described as what type of company in Florida? Domestic
In addition to the state, the organization that regulates variable life and variable annuities is the Securities and Exchange Commission (SEC
In Florida, properly licensed and appointed agents may act as brokers in insurance transactions, in which case they may legally represent the applicant and insured
A life insurance company, organized in Illinois, with its home office in Philadelphia, is licensed to conduct business in Florida. In Florida, this company is classified as a(n) foreign company
Which of the following statements regarding the National Association of Insurance Commissioners (NAIC) is NOT correct? The NAIC is empowered to prosecute and punish criminal violators in the insurance industry.
13. The head of a state office of insurance regulation is generally responsible for all the following EXCEPT making insurance laws
A reinsurer is a company that assumes a portion of the risk from another insurer
Which of the following statements regarding types of insurers is NOT correct? Reinsurers usually deal with group policyowners
Created by: Insurance101
 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards