Questions
4: Which of the following best describes rescission?
A An insurer cancels a policy after an insured files a suspicious claim.
B An insured agrees to cancel a policy for the return of the most recent premium paid.
C An insured allows a policy to lapse.
D An insurer cancels a policy after it has been issued and refunds all paid premiums.
When an insurer rescinds a policy after it has been issued and refunds all premiums paid, this is rescission.
6: Because an agent is using stationery with the logo of an insurance company, applicants for insurance assume that the agent is authorized to transact on behalf of that insurer. What type of agent authority does this describe?
A Assumed
B Apparent
C Express
D Implied
Apparent authority (also known as perceived authority) is the appearance or the assumption of authority based on the actions, words, or deeds of the principal or because of circumstances the principal created.
12: Pertaining to insurance, what is the definition of a fiduciary responsibility?
A Helping insureds to file claims
B Performing reviews of insured’s coverage
C Offering additional coverage to clients
D Promptly forwarding premiums to the insurance company
Fiduciary refers to a position of trust. When an agent is handling the premiums that belong to an insurance company, they are acting in a fiduciary capacity.
15: Courts will interpret any ambiguity in an insurance contract
A Based on the prudent person rule.
B In favor of the insured.
C In favor of the insurer.
D Through arbitration.
Insurance policies are contracts of adhesion. The insurer writes the contract and the insured accepts the contract as it is written. When ambiguities exist, courts generally rule in favor of the insured.
问题
4：以下哪项最能说明撤销？
A保险公司在被保险人提出可疑索赔后取消保单。
B被保险人同意取消退还最近支付保险费的保单。
C被保险人允许保单失效。
D保险公司在发出保单后取消保单并退还所有已付保费。
如果保险公司在保单发出后撤销并退还所有已支付的保费，则退出保单。
6：由于代理商使用带有保险公司徽标的信纸，保险申请人认为代理人有权代表该保险公司进行交易。这描述了什么类型的代理权限？
假设
B显然
C Express
D暗示
表观权威（也称为感知权威）是基于委托人的行为，言论或行为或由于委托人创造的情况而出现或承担权威。
12：与保险有关，信托责任的定义是什么？
帮助被保险人提出索赔
B对被保险人的承保范围进行审查
C为客户提供额外的保障
D及时向保险公司转发保费
信托是指信任的位置。当代理人处理属于保险公司的保险费时，他们以受托人的身份行事。
15：法院将解释保险合同中的任何歧义
A基于谨慎的人规则。
B赞成被保险人。
C赞成保险公司。
D通过仲裁。
保险单是附加合同。保险公司写合同，被保险人接受合同。当存在歧义时，法院通常会裁定受保人。
2: Which of the following entities is not an insurer but an organization formed to provide insurance benefits for members of an affiliated lodge or religious organization?
A Fraternal benefit society
B Mutual company
C Stock company
D Reciprocal association
Fraternal insurers operate on the basis of a lodge or charitable organization, but they may also sell formal insurance plans for the benefit of their members. Reciprocal insurers are also associations that provide insurance for their members, but they are formed only for the purpose of providing insurance.
1: A tornado that destroys property would be an example of which of the following?
A A pure risk
B A loss
C A physical hazard
D A peril
A peril is the cause of loss insured against in an insurance policy.
4: An individual applies for a life policy. Two years ago he suffered a head injury from an accident, so he cannot remember parts of his past, but is otherwise competent. He has also been hospitalized for drug abuse, but does not remember this when applying for insurance. The insurer issues the policy and learns of his history one year later. What will probably happen?
A The insurer will sue the insured for committing fraud.
B Because the insured is currently not a drug user, his policy will not be affected.
C The policy will not be affected.
D The policy will be voided.
In insurance, fraud is the intentional misrepresentation of material information that is crucial when deciding whether or not to write a contract for an applicant. If an insurer finds that an applicant has committed fraud, it can void the contract, provided that the discovery occurs within the first two years of the effective policy date. In this particular instance the applicant did not commit intentional fraud.
13: Following a career change, an insured is no longer required to perform many physical activities, so he has implemented a program where he walks and jogs for 45 minutes each morning. The insured has also eliminated most fatty foods from his diet. Which method of dealing with risk does this scenario describe?
A Reduction
B Transfer
C Avoidance
D Retention
The insured's change in lifestyle and habits would likely reduce the chances of health problems.
14: When doing business in this state, an insurance company that is formed under the laws of another state is known as which type of insurer?
A Alien
B Nonadmitted
C Foreign
D Domestic
A foreign insurer is one that is formed under the laws of another state. A nonadmitted or unauthorized insurer is an insurance company that has not applied for, or has applied and been denied a Certificate of Authority and may not transact insurance.