LOUISIANA LIFE, HEALTH AND ACCIDENT INSURANCES, 1 Study guides, Class notes & Summaries
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LOUISIANA LIFE, HEALTH AND ACCIDENT INSURANCES, 100% ACTUAL 2024 EXAM [A+ GRADED]
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LOUISIANA LIFE, HEALTH AND 
ACCIDENT INSURANCES, 100% 
ACTUAL 2024 EXAM [A+ GRADED] 
which of the following best describes the aleatory nature of an 
insurance contract? - ANS-Exchange of unequal values 
An insured purchased an insurance policy 5 years ago. Last 
year she received a dividend check, this year she didn't what 
type of insurer? - ANS-Mutual 
What documentation grants express authority to an agent? - 
ANS-Agents contract with the principal 
Because an agent is using stati...
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