Webce Insurance test questions and answers with complete Solution

Webce Insurance test questions and answers with complete Solution
Question: Which of the following situations presents a
situation of pure risk?
Correct answer: Knowing that his family is depending on
him, Frank wants to insure his life.
Question: Agent Jill received a letter from the Department of
Insurance asking her to submit verification of having
completed the continued education requirements for the
previous licensing period. Three weeks later, the Department
sent another letter. Which penalty may the Department
impose if Jill has still not responded to their request a month
later?
Correct answer: A fine up to $100 per day per violation.
Question: Jim's policy expired due to nonpayment of
premium. His agent sends him a statement the following
month without notice of the lapse. If Jim pays the premium
and later suffers a loss for which he files a claim, what will
prevent the insurer from denying the claim?

Webce Insurance Exam,Webce Insurance Test,Webce Insurance Flashcard,Webce Insurance quiz,Webce Insurance Practice,Webce Insurance Practice test,Webce Insurance Practice flashcard,Webce Insurance Practice exam,Webce Insurance Study guide,Webce Insurance Practice questions,Webce Insurance Questions,Webce Insurance Practice questions and answers,Webce Insurance Questions and answers,Webce Insurance pdf,Webce Insurance quizlet,Webce Insurance reddit,Webce Insurance Answer sheet,Webce Insurance Answer key,Webce Insurance Pdf free,Webce Insurance Exam help,Webce Insurance Cheat sheet,Webce Insurance quiz bank,Webce Insurance Questions bank,Webce Insurance Practice Guide,Webce Insurance Guide,Webce Insurance Testbank,Webce Insurance Practice Answers,Webce Insurance Answers,Webce Insurance Exam prep,Webce Insurance Prep,Webce Insurance Pdf download,Webce Insurance Flashcards,Webce Insurance Real questions,Webce Insurance Actual questions,Webce Insurance Real Questions and answers,Webce Insurance Actual Questions and answers,Webce Insurance Exam review,Webce Insurance Review,Webce Insurance Exam questions,Webce Insurance Exam questions and answers,Webce Insurance Practice test pdf,Webce Insurance Practice test quizlet,Webce Insurance Practice test Reddit,Webce Insurance Practice test quizlet multiple choice,Webce Insurance Exam study guide,Webce Insurance Practice test free,Webce Insurance Test questions,Webce Insurance Exam study guide,Webce Insurance Practice exam free,Webce Insurance Practice tests free,Webce Insurance Exam practice test,Webce Insurance Exam test questions,Webce Insurance Exam questions and answers,Webce Insurance Exam practice test