Easily Remove Conditional Fields to the Insuring Agreement

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How to Remove Conditional Fields to the Insuring Agreement

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all right hello everybody this is melissa the insurance exam queen and i wanted to talk about um parts of a policy so this is usually part of the section of the exam that is under either pnc basics if you are taking a prometric exam or it will be part of policy provisions and contract law if youre taking a pearson exam and if you dont know if youre taking prometric or pearson its who are you scheduling your test with whichever um if you were to google your state exam so lets say youre in new york you do new york insurance exam schedule its going to either pop up as a pearson website or a prometric website or technically psi but psi will also follow either pearson or prometric so you just have to if it says psi then you got to look at the chapter titles but i most state exams are prometric or pearson anyway so anyway um this is regardless of all that this is a big part of the policy so or a big part of the exam for most people so if youre taking the property and casualty exam or

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What is the purpose of a conditional receipt?

A conditional binding receipt refers to a receipt in life insurance that guarantees that if the risk is accepted, the named insured is insured from the date of issuance of the receipt.

Why are insurance contracts conditional?

Insurance contracts are also conditional contracts because when the loss occurs certain conditions must be met to make the contract legally enforceable.

What is the difference between conditional and binding receipt?

under a conditional receipt , a death claim will NOT be paid if the application is declined by the underwriter . under the binding receipt a death claim will be paid whether or not the applicants application is approved by the underwriter.

Which condition voids an insurance policy?

An insurer may void a contract if the insured supplies false or misleading information to the insurer to obtain insurance. To void the contract, the insurer must demonstrate that the insured made a fraudulent or material misrepresentation.

Which of the following best describes a conditional insurance contract?

Which of the following BEST describes a conditional insurance contract? A contract that requires certain conditions or acts by the insured individual This means that the insurers promise to pay benefits depends on the occurrence of an event covered by the contract.

How do I set conditional formatting in ?

In the properties panel, expand the Conditional Fields section and click Create Rule. Select the fields you want to show to the recipient when they trigger the rule. You can select as many fields as you like, of any type, as long as they are assigned to the same recipient as the trigger field.

What is a conditional coverage for life insurance?

A conditional receipt gives an insurance company a window of time in which they can ultimately issue or refuse to approve the policy. If during this time, the applicant for a life insurance contract dies, the company will pay a death benefit if the policy would have been issued.

What is conditional in an insurance contract?

An insurance contract in which the insurers promise is conditioned upon (dependent upon) certain things occurring or being done. PreviousConceptual Bidding.

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