Principles of Risk Management and Insurance, 11e (Rejda)
Chapter 5 Types of Insurers and Marketing Systems
1) Which of the following statements about stock insurers is true?
A) They issue asssable policies.
英文手机铃声B) They are not permitted to write property and liability insurance.
C) Stockholders bear any loss and share in any profits.
D) They are owned by their policyowners.
Answer: C
Question Status: Previous Edition
语文课前三分钟演讲2) Which of the following statements about mutual insurers is true?
A) They are legally organized as partnerships.
B) They have a board of directors which is lected by state insurance departments.
C) They are owned by their stockholders.
D) They may pay dividends to their policyowners.
Answer: D
Question Status: Previous Edition
3) Why are some mutual insurers referred to as "asssment mutuals"?
A) They charge low premiums becau the loss exposures of their insureds are thoroughly assd before a policy is written.
B) They are noted for being very thorough in their asssment of investment opportunities.
C) They are assd for state premium taxes only if they make a profit.
D) They can asss policyowners if premiums are insufficient to pay loss and expens.
Answer: D
Question Status: Previous Edition
4) The corporate structure of mutual insurers is changing rapidly. All of the following are current trends EXCEPT
A) Demutualization of some insurers.
B) Sharp increa in the number of mutual insurance companies.
C) Increa in company mergers.
D) Formation of mutual holding companies.
Answer: B
Question Status: Previous Edition
5) All of the following statements about fraternal insurers are true EXCEPT
A) They are a form of mutual insurer.会议翻译
B) They specialize in writing property and liability insurance.
C) They enjoy tax advantages becau of their nonprofit or charitable status.
D) They market their coverage to members of a social organization or religious group.
Answer: B
Question Status: Previous Edition
beginwith6) Which of the following statements about a reciprocal exchange is (are) true?
I. It usually specializes in health insurance.
II. It is an unincorporated mutual insurance company.
A) I only
B) II only
C) both I and II
D) neither I nor II
汉英互译器Answer: B
Question Status: Previous Edition
7) Which of the following statements about Lloyd's of London is true?
A) Coverage is actually written by syndicates who belong to Lloyd's of London.
B) Its underwriters specialize in writing life and health insurance.
C) It operates as an admitted insurer throughout the United States.
D) It allows underwriters to write coverage without meeting stringent financial requirements.
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Answer: A
Question Status: Previous Edition
8) Temporary evidence of insurance until a policy is actually issued is provided by a(n)
A) binder.
B) brokerage agreement.
C) pre-approval form.
D) endorment.
Answer: A
Question Status: Previous Edition
otherwi的用法
9) Which of the following statements about brokers is (are) true?
I. They legally reprent the insured rather than the insurance company.
II. They are prohibited from being licend as agents.
A) I only
B) II only
C) both I and II
D) neither I nor II
enhancerAnswer: A
Question Status: Previous Edition
10) Neil needs insurance that is unavailable in the state where he lives. To obtain insurance from a nonadmitted insurer, Neil should contact a
A) surplus lines broker.
B) nonadmitted agent.
C) general agency broker.
D) direct writer.
Answer: A
bucket是什么意思Question Status: Previous Edition
11) All of the following statements about the general agency system ud for lling life insurance are true EXCEPT
A) A general agent is responsible for hiring, training, and motivating new agents.
B) A general agent is a salaried employee who responsibilities are limited to lling life insurance.
C) A general agent may receive an allowance for the expens of maintaining an agency office.
D) A general agent receives a commission bad on the amount of business produced.
Answer: B
Question Status: Previous Edition
12) Which of the following statements about the managerial system of marketing life insurance is (are) true?
I. It us branch offices run by independent agents who reprent veral companies.
II. The branch manager is an employee of the insurer who has the responsibility for hiring and training new agents.
