Chapter 3
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| A licensee may surrender his/her license: | show 🗑
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| show | using claims history, statistics and computer data to predict losses.
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| show | a human being at least age 16 who is competent and not intoxicated
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| Informational records must be kept a minimum of: | show 🗑
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| show | anyone as an incentive to acquire some other type of business.
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| show | an insurer`s inability to meet its financial obligations when they are due
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| What is the difference between an admitted and a non-admitted insurer? | show 🗑
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| All of the following are examples of fiduciaries EXCEPT: | show 🗑
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| Commissioner may give an order that records be brought current within | show 🗑
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| show | Captive insureradvertising,
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| The marketing/sales department is responsible for: | show 🗑
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| show | The CIC and the CCR are a complete guide to ethical behavior.
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| show | on the next January 1st
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| Records must be made available to the Commissioner: | show 🗑
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| show | a total of 24 hours per license term.
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| show | a proper license
an appointment
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| show | license expiration
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| show | After the department is notified within 30 days and the changes are approved
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| show | Their license to sell insurance, displayed in a place where it can be easily seen.
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| ________ refers to the inability of the insurer to meet its financial obligations when they are due. | show 🗑
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| An agent or broker may charge an extra fee for services above and beyond what are considered normal duties. Which of the following is NOT considered an extra service? | show 🗑
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| show | license fees paid late
by either agent or insurer
termination of license
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| Every licensee shall prominently put their license number on all of the following except: | show 🗑
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| Which of the following is not a person under the Code? | show 🗑
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| Agents must keep good records and make them available to the DOI for a period of: | show 🗑
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| show | after written notice is delivered to the Commissioner.
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| Which of the following is NOT a valid reason for the Commissioner to deny the use of a name when filing with the Insurance Commissioner? | show 🗑
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| Commissioner can suspend a permanent license without a hearing, except: | show 🗑
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| show | a notice of appointment to do business in the state.
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| An organization ceases to exist as an entity eligible to hold a license upon all of the following EXCEPT: | show 🗑
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| show | 24 hours
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| After providing an opportunity for a hearing, the Commissioner may deny an application for a license based on the following reasons EXCEPT: | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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