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5 Written questions

5 Matching questions

  1. Bad Faith Awards
  2. Subpoena
  3. Premium Services Department
  4. Marketing Department
  5. Coverage expense
  1. a responsible for presenting insurance products to the company's customers
  2. b handles and processes all premium payments received
  3. c The dollar amount based on two concepts: (1) the degree of wrongfulness and (2) the wealth of the defendant
  4. d demand for a witness or a document to appear
  5. e Any expense complete or partial payment is provided under the insurance policy

5 Multiple choice questions

  1. a denial or renunciation of responsibility
  2. means buying insurance or coverage for the purpose of making a profit
  3. maintains the records to show if the company is being run in a profitable manner
  4. covers and employee's salary, or a percentage of it, while the employee is on disability leave
  5. deception to cause a person to give up property or something of lawful right

5 True/False questions

  1. New Business Departmentprocesses new business acquired by the company and Department also schedules physical examination for policies that require evidence of insurability


  2. Punitive Damagesare monetary awards above and beyond the benefits provided by the group plan


  3. Internal Fraudwhich involves the employees of the company against which the fraud is perpetrated


  4. Maliceas intentional conduct to cause injury or conduct that is carried on with the conscious disregard of the rights of others


  5. Conventional insuranceissued to insure the life or health of a named person or persons