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Author Question: An insurance company chartered in another country has been licensed to operate in your state. In ... (Read 45 times)

jasdeep_brar

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An insurance company chartered in another country has been licensed to operate in your state. In your state, the insurer would be considered a(n)
 
  A) nonadmitted insurer.
  B) foreign insurer.
  C) alien insurer.
  D) reciprocal insurer.

Question 2

Which of the following is considered a nonadmitted asset for an insurer?
 
  A) cash
  B) preferred stocks
  C) real estate
  D) office furniture



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JCABRERA33

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Answer to Question 1

Answer: C

Answer to Question 2

Answer: D




jasdeep_brar

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Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review


mochi09

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Reply 3 on: Yesterday
Excellent

 

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