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1. The Fair Credit Reporting Act-✓✓✓what law protects consumers from the circulation of inaccurate or obsolete information?
2. domestic, foreign, and alien✓✓✓Insurers are classified according to their domicile. What are the 3 types of insurers?
3. Fraternal insurer -✓✓✓what type of insurer is a voluntarily formed organization that provides religious organizations with a representative form of government?
4. mutual company-✓✓✓ the type of insurance company organized to return any surplus money to its policyholders is known as what?
5. Insurer✓✓✓when agents act within the scope of their contract, their actions will be assumed to be the actions of whom?
6. underwriting-✓✓✓ what is the name of the process that insurance companies use to determine if an applicant is insurable?
7. provide the aplicant with a Disclosure Authorization Notice✓✓✓if an insurer needs to obtain information about the applicant from investigators, what is the insurer required to do?
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