Producer surplus Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Producer surplus? On this page you'll find 1376 study documents about Producer surplus.
Page 3 out of 1.376 results
Sort by
-
Casualty Producer NJ- Exam Questions with 100% correct Answers
- Exam (elaborations) • 4 pages • 2022
-
Available in package deal
-
- $9.49
- 1x sold
- + learn more
Powers and duties of Commissioner - ANSWER-Conduct research 
Make reasonable rules and regulations 
Issue orders and notices 
Issue insurance licenses and certificates of authority 
Impose penalties 
Approve insurance policy forms and rates 
 
Amount of days notice before hearing - ANSWER-10 
 
Retrocession - ANSWER-When a reinsurer transfers risks it has accepted to another insurer 
 
Producers can be - ANSWER-Agents, brokers or both 
 
Insurance agent - ANSWER-a licensed insurance producer wh...
-
MT STATE PROPERTY AND CASUALTY EXAM 2024
- Exam (elaborations) • 36 pages • 2024
-
Available in package deal
-
- $13.49
- + learn more
A Surplus Lines Producer may collect a fee from the Insured to fund the Surplus Lines Advisory Board. This fee is known as the? Answer - stamping fee 
 
An inducement to purchase an insurance policy is: 
Select one: 
ation 
ing Answer - rebating 
 
A nonresident producer licensed in Montana may sell: 
Select one: 
 insurance that is otherwise lawfully sold in the state of Montana. 
 those types of insurance that the producer could have sold in the producer's state of residence. Answer - only th...
-
Michigan Life Insurance State Exam Solved 100% Correct
- Exam (elaborations) • 35 pages • 2023
- Available in package deal
-
- $14.49
- 1x sold
- + learn more
Under a traditional IRA, interest is taxed: 
 
Only if withdrawn prior to age 59 1/2 
 
According to the capital gains rate 
 
Upon distribution 
 
During the accumulation phase - ANSWER-Upon distribution 
 
Which of these statements concerning Traditional IRAs is CORRECT? 
 
Earnings are not taxable when withdrawn 
 
Earnings are taxable when withdrawn 
 
Contribution are never tax deductible 
 
Contributions are always made by the employer - ANSWER-Earnings are taxable when withdrawn 
 
Wh...
-
AD Banker Comprehensive Exam, Questions with accurate answers. 2022/2023. Rated A
- Exam (elaborations) • 141 pages • 2023
-
Available in package deal
-
- $8.49
- 2x sold
- + learn more
AD Banker Comprehensive Exam, Questions with accurate answers. 2022/2023. Rated A 
 
 
A producer who is acting as an agent is representing: 
 
A 
The insured, the applicant and the beneficiary 
 
B 
Always the insured 
 
C 
The insured and the insurer 
 
D 
Always the insurer - D 
 
In order to be valid, a contract must be between individuals considered legally able to enter into an agreement. This principle is known as: 
 
A 
Restricted persons 
 
B 
Considerations 
 
C 
Competent parties 
 
D...
-
AD Banker Comprehensive Exam| Questions and Verified Answers| 100% Correct| Grade A (Latest Update)
- Exam (elaborations) • 24 pages • 2024
-
Available in package deal
-
- $10.49
- + learn more
AD Banker Comprehensive Exam| Questions and Verified Answers| 100% Correct| Grade A (Latest Update) 
 
Q: When insurance cannot be placed with a licensed insurer, it may be placed with an authorized/non-admitted insurer by a: 
A. General surplus producer 
B. General use producer 
C. General consultant 
D. Surplus Lines broker 
 
 
Answer: 
D. 
 
 
 
Q: In insurance, to determine acceptable risks is the primary responsibility of the: 
A. Underwriter 
B. Adjuster 
C. Auditor 
D. Producer 
 
 
Ans...
-
MS Property & Casualty question and answers latest 2023
- Exam (elaborations) • 7 pages • 2023
- Available in package deal
-
- $9.99
- 1x sold
- + learn more
MS Property & Casualty question and answers latest hrs & 3 of those hours ethics 
To renew a producer license which is been in affect more than 18 months, a producer must complete ___________ 
 
 
 
12 hrs 
To renew a producer license which is been in effect for 18 months or less, a producer must complete________ of CE. 
 
 
 
30 days 
A producer must report to the commissioner any administrative action taken against the producer in any jurisdiction, for by another governmental agency in the st...
-
MT State Property and Casualty Exam Questions with Verified Answers
- Exam (elaborations) • 59 pages • 2024
-
- $11.99
- + learn more
MT State Property and Casualty Exam 
Questions with Verified Answers 
 
A Surplus Lines Producer may collect a fee from the Insured to fund the Surplus Lines Advisory 
Board. This fee is known as the? stamping fee 
 
An inducement to purchase an insurance policy is: 
Select one: 
ation 
 
ing rebating 
 
A nonresident producer licensed in Montana may sell: 
Select one: 
 insurance that is otherwise lawfully sold in the state of Montana. 
 those types of insurance that the producer could have sol...
-
Econ 101 Final Exam Brent Kreider| with full latest solution
- Exam (elaborations) • 5 pages • 2023
- Available in package deal
-
- $8.99
- 1x sold
- + learn more
Econ 101 Final Exam Brent Kreider| with full latest solution 
 
What is the difference between a positive and normative statement? - A positive statement is based on facts and a normative statement is an opinion. 
If I have to drop out of college, it will cost me all of the tuition I have paid and the income I could have earned during those years while I was in college. True or false. - False because income should be considered a sunk cost and therefore not relevant to the question. 
Tonight I...
-
AD Banker Property and Casualty Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% correct| Grade A
- Exam (elaborations) • 89 pages • 2024
-
Available in package deal
-
- $11.49
- + learn more
AD Banker Property and Casualty Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% correct| Grade A 
 
 
Q: An insurer authorized to transact insurance in a particular state by that state's insurance department is known as: 
 
A - A resident insurer 
B - A domestic insurer 
C - A non-admitted insurer 
D - An admitted insurer 
 
 
Answer: 
D - An admitted insurer 
 
An admitted insurer is an insurer authorized to transact insurance in a particular state by that state's departm...
-
AD Banker Property and Casualty Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% correct| Grade A
- Exam (elaborations) • 89 pages • 2024
-
- $11.49
- + learn more
AD Banker Property and Casualty Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% correct| Grade A 
 
 
Q: An insurer authorized to transact insurance in a particular state by that state's insurance department is known as: 
 
A - A resident insurer 
B - A domestic insurer 
C - A non-admitted insurer 
D - An admitted insurer 
 
 
Answer: 
D - An admitted insurer 
 
An admitted insurer is an insurer authorized to transact insurance in a particular state by that state's departm...