An Insurance Company Chartered in Another Country Has Been Licensed

question 36

Multiple Choice

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.

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Definitions:

Refractory Periods

The phase during which a cell or organ is unresponsive to further stimulation immediately following an action potential.

Need To Belong

A fundamental human motivation to form and maintain strong, stable interpersonal relationships.

Ostracism

The exclusion or rejection from a society or group.

Chain Migration

A term used in migration studies to describe the process by which migrants from a particular town follow others from the same town to a new destination.