all of tham. or what you know

Is the risk of unemployment considered an ideally insurable risk? Yes, because the loss of income is easily calculated for a given population group. Yes, because workers would only request benefits in the event they were in voluntarily out of work. No, because a large proportion of unemployment is due to individuals who quit their jobs voluntarily and would therefore not be an accidental or unintentional No, because the government already provides unemployment benefits so there is no risk to be covered. A written provision that adds to deletes from or modifies the provisions in the original insurance contract is called an Exclusion Condition Endorsement Waiver The most accurate method for an insurance company to control the problem of Adverse Selection is through the process of: A Risk Pooling Underwriting Hedging Indemnification 10. The most common type of Mutual insurer operating in the United States today is the Fraternal Insurer Assessment Mutual Lloyd's of London Advance Premium Mutual 11. Authority the public reasonably believes an agent possesses based on the actions of the principal is called: Apparent Authority Direct Authority Implied Authority Express Authority C. D A type of life insurance designed primarily to pay estate taxes is: Universal Life B. Ordinary Life C. Joint-Second to Die D. Variable Universal Life 13. The main difference between Agents and Brokers is that: Y Represcit compny A. Agents are paid a salary, whereas Brokers are paid on commission B. Agents are usually more experienced than Brokers and have a greater understanding of the insurance industry. Agents legally represent the insurance company and have authority to bind the company, whereas brokers legally represent the insured and therefore have no authority to bind the insurance company. D. Agents can only sell one product, whereas brokers can sell multiple products