瑞达rejda保险教材英文练习题05Word文档格式.docx

瑞达rejda保险教材英文练习题05Word文档格式.docx

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C）Theyareownedbytheirstockholders・

D）Theymaypaydividendstotheirpolicyowners・

D

3）Whyaresomemutualinsurersreferredtoas'

'

assessmentmutualsz/

A）Theychargelowpremiumsbecausethelossexposuresoftheirinsuredsarethoroughlyassessedbeforeapolicyiswritten.

B）Theyarenotedforbeingverythoroughintheirassessmentofinvestmentopportunities.

C）Theyareassessedforstatepremiumtaxesonlyiftheymakeaprofit・

D）Theycanassesspolicyownersifpremiumsareinsufficienttopaylossesandexpenses.

4）Thecorporatestructureofmutualinsurersischangingrapidly.AllofthefollowingarecurrenttrendsEXCEPT

A）Demutualizationofsomeinsurers・

B）Sharpincreaseinthenumberofmutualinsurancecompanies・

C）Increaseincompanymergers・

D）Formationofmutualholdingcompanies・

B

5）AllofthefollowingstatementsaboutfraternalinsurersaretrueEXCEPT

A）Theyareaformofmutualinsurer・

B）Theyspecializeinwritingpropertyandliabilityinsurance・

C）Theyenjoytaxadvantagesbecauseoftheirnonprofitorcharitablestatus・

D）Theymarkettheircoveragetomembersofasocialorganizationorreligiousgroup・

6）Whichofthefollowingstatementsaboutareciprocalexchangeis（are）true

I.Itusuallyspecializesinhealthinsurance・

I\J/\）z\J/\J/IABcD

Itisanunincorporatedmutualinsurancecompany.

Ionly

IIonly

bothIandII

neitherInorII

7）WhichofthefollowingstatementsaboutLloyd,sofLondonistrue

A）CoverageisactuallywrittenbysyndicateswhobelongtoLloyd'

sofLondon.

B）Itsunderwritersspecializeinwritinglifeandhealthinsurance・

C）ItoperatesasanadmittedinsurerthroughouttheUnitedStates・

D）Itallowsunderwriterstowritecoveragewithoutmeetingstringentfinancialrequirements.

A

8）Temporaryevidenceofinsuranceuntilapolicyisactuallyissuedisprovidedbya（n）

A）binder・

B）brokerageagreement・

C）pre-approvalform・

D）endorsement・

9）Whichofthefollowingstatementsaboutbrokersis（are）true

I.Theylegallyrepresenttheinsuredratherthantheinsurancecompany.

II.Theyareprohibitedfrombeinglicensedasagents・

A）Ionly

B）IIonly

C）bothIandII

D）neitherInorII

10）Neilneedsinsurancethatisunavailableinthestatewherehelives・Toobtaininsurancefromanonadmittedinsurer,Neilshouldcontacta

A）surpluslinesbroker・

B）nonadmittedagent・

C）generalagencybroker・

D）directwriter・

11）AllofthefollowingstatementsaboutthegeneralagencysystemusedforsellinglifeinsurancearetrueEXCEPT

A）Ageneralagentisresponsibleforhiring,training,andmotivatingnewagents・

B）Ageneralagentisasalariedemployeewhoseresponsibilitiesarelimitedtosellinglifeinsurance・

C）Ageneralagentmayreceiveanallowancefortheexpensesofmaintaininganagencyoffice・

D）Ageneralagentreceivesacommissionbasedontheamountofbusinessproduced・

12）Whichofthefollowingstatementsaboutthemanagerialsystemofmarketinglifeinsuranceis（are）true

I・Itusesbranchofficesrunbyindependentagentswhorepresentseveral

companies・

II.Thebranchmanagerisanemployeeoftheinsurerwhohastheresponsibilityforhiringandtrainingnewagents・

13）Advantagesofthedirectresponsesystemformarketinglifeinsuranceincludewhichofthefollowing

I・Advertisingcanbespecificallydirectedtoselectedmarkets・

II.Complexproductscanbeeasilysold・

14）Whichofthefollowingstatementsabouttheexclusiveagencysystemformarketingpropertyandliabilityinsuranceistrue

A）Exclusiveagentstypicallyhavecompleteownershipofpolicyexpirations・

B）Ahighercommissionrateisusuallypaidonexclusiveagents'

renewalbusinessthanonnewbusiness・

C）Exclusiveagentsrepresentseveraldifferentinsurancecompanies・

D）Newexclusiveagentsusuallystartasemployeesandafteratrainingperiodbecomeindependentcontractors・

15）AllofthefollowingstatementsabouttheindependentagencysystemaretrueEXCEPT

A）Agentsareoftenauthorizedtoadjustsmallclaims・

B）Agentsarecompensatedonthebasisofcommissions・

C）Theinsurerratherthantheagentownstherenewalrightstothebusiness・

D）Theagentisanindependentbusinesspersonwhorepresentsseveralinsurers・Answer:

16）Salespersonsofadirectwriterareconsideredtobe

A）independentagents・

B）independentcontractors・

C）employees・

D）brokers・

17）Whichofthefollowingstatementsaboutthesaleofpropertyandliabilityinsurancethroughthedirectresponsesystemis（are）true

I.Sellingexpensesarehigherbecausemarketsegmentationtendstobe

lessprecisethanwithothermarketingmethods・

I\JZ\J/\7\7IABcD

Itisthemostappropriatesystemforsellingcomplexproducts・

bothIandIIneitherInorII

18）Underonelifeinsurancemarketingsystem,aninsurersellsitsproductsthroughestablishedagentswhoarealreadyengagedinlifeinsurancesales・Underthissystem,aninsurerentersintocontractswithsuccessfulagentswhoagreetoselltheinsurer1sproducts・Thislifeinsurancemarketingsystemiscalledthe

A）directresponsesystem・

B）nonbuildingagencysystem.

C）independentagencysystem.

D）agencybuildingsystem.

19）Whichofthefollowingischaracteristicofatypicalmassmerchandisingplan

A）highercommissionscalesforagentsandhigheradministrativeexpenses

B）paymentofpremiumsthroughpayrolldeduction

C）groupratherthanindividualunderwriting

D）contributionsbytheemployertothecostofcoverage

20）Davidhasalwaysbeensuccessfulinsales・Recently,hewasapproachedbyalifeinsurerinterestedinhiringhim.Initially,Davidwasnotinterestedinthejobbecausehefeareditwouldrequirealotofadministrativework・"

You'

reasupersalesperson,David,"

hewastold,rehiringyoutodoonethingandonethingonly-SELL!

"

Davidacceptedtheposition.Davidisa（n）

A）exclusiveindependentagent・

B）personal-producinggeneralagent・

C）branchofficeagent/manager・

D）directwritingexclusiveagent・

21）Sarahownsapropertyandliabilityinsuranceagency・Sheisauthorizedtorepresentseveralinsurancecompaniesandsheiscompensatedbycommissions・SarahJsagencyownstheexpirationrightstothebusinessshesells・Sarahisa（n）

A）independentagent・

B）exclusiveagent・

C）directwriter・

D）insurancebroker・

22）Theleadersofareligiousgroupdecidedtostartalifeinsuranceorganizationtoinsuremembersofthereligiousgroup・Theinsurerwilloperateasanonprofitorganization,thusreceivingfavorabletaxtreatment・Theinsurerformedwillbea

A）healthmaintenanceorganization.

B）stockinsurer・

C）fraternalinsurer・

D）reciprocalexchange・

23）Scottworksinpropertyandliabilityinsurancemarketing・Helegallyrepresentsinsurancepurchasers,ratherthaninsurancecompanies・Scottispaid

\J/\17ABcD

acommissionontheinsuranceplacedwithinsurers・Scottisa（n）exclusiveagent・directwriter・branchmanager・insurancebroker・

24）ABCInsurancehasalwaysusedtheexclusiveagencysystemtomarketcoverages・ABC,however,cannotaffordfull-timeagentsinsparsely-populatedareas・Toreachcustomersintheseareas,ABCentersintoagreementswithlocalindependentagents・Usingmorethanonemarketingsystemiscalledemployinga

A）directresponsesystem.

B）generalagencysystem・

C）multipledistributionsystem・

D）branchofficesystem.

25）CathyjuststartedajobwithXYZManufacturingCompany.SheattendedanorientationandwasgivenapacketprovidinginformationaboutthevariousemployeebenefitsXYZoffers・Oneiteminthepacketwasabookletandapplicationformfromanautoinsurer・TheinsurerofferslowerpremiumstoXYZemployees・Theinsurer'

splanforsellingindividua11y-underwri11enautoinsurancetoemployeesofXYZManufacturingCompanyiscalled

A）directresponse・

B）massmerchandising・

C）personalselling・

D）multiplemarketing・

26）Brianisalifeinsuranceagent・Heislicensedtorepresentonecompanyandhasbeenassignedaterritory.Inadditio