Risk Management and Insurance > QUESTIONS & ANSWERS > Final Exam: California Life, Accident, and Health Insurance Already Passed (All)

Final Exam: California Life, Accident, and Health Insurance Already Passed

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What is an insurance solicitor authorized to do? ✔✔Help an agent or broker sell insurance According to the California Insurance Code, what is "insurance"? ✔✔A contract What does a Hospital C... onfinement indemnity policy pay for? ✔✔Pay a specified daily amount while the insured is confined to a hospital According to the California Insurance Code, how is the word "may" interpreted? ✔✔Permissive Which statement is CORRECT when describing a contract of adhesion? ✔✔Contract may be accepted or rejected by the insured. Retirement plans are prevented from favoring highly compensated employees under which government regulation ✔✔Nondiscrimination [Show More]

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