Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

why


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.
We do not share your email address with others. It is only used to allow you to reset your password. For details read 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.
Don't know
Know
remaining cards
Save
0:01
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
Retries:
restart all cards
share
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

Risk/Insurance Unit6

Arkansas Unit 6: Rights and Responsibilitiesof Insurance

TermDefinition
Better Business Bureau(BBB) an alliance of U.S. and Canadian businesses that promotes consumer education and ethical business practices
Captive agent an agent who sells the products of only one insurance company
Churning the unethical business practice of persuading customers to buy unnecessary new policies for the sake of increased commission; also called twisting
Credit score a rating that summarizes an individual's credit history and likelihood of paying back loans
Independent agent an insurance agent who sells the products of different companies
Insurance score a rating that predicts the likelihood of an individual to file an insurance claim
Misrepresentation the unethical practice of making false claims about an insurance policy, or a competitor's policy, to make a sale
Preapproval the requirement that health care providers receive permission from the insurer before performing non-emergency surgery or unusual treatments
Predatory pricing the practice of undercutting competitors' prices to drive them out of business and take over their share of the market
Small claim court a special court designed to quickly resolve disputes over small amounts of money
Created by: tholt