Apr 23, 2025 | Study Notes, Life & Health
Dental Definitions Restorative – RESTORES teeth Oral Surgery: Prosthodontics – Prosthetic/Fake/Dentures Endodontics – INside the teeth Periodontics – Perimeter of the teeth Orthodontics – Outside of teeth/On top of teeth Basic...
Apr 21, 2025 | Study Notes, Life & Health
HSA, FSA, HRA & MSA Most likely going to be tested on: HSA – Health Savings Account A way to save money, before taxes, to help pay for medical costs. You MUST have a High Deductible Health Plan to qualify for an HSA. The money can roll over year to year. If...
Apr 18, 2025 | Study Notes, Property & Casualty
Loss Valuation ACV/RC/Premium When you select a policy, you select in advance how the policy will pay out if a loss occurred. The two most common are: ACV = Actual Cash Value RC = Replacement Cost Actual Cash Value is Replacement cost MINUS depreciation. ACV With ACV,...
Apr 16, 2025 | Study Notes, Property & Casualty
Bonds What is a Bond Bonds are a way of making a promise and showing that someone will vouch for you on that promise. Let’s say you’re a contractor and you repair kitchens. When a customer asks “How do I know you will do a good job? How can I know I can trust you?”...
Apr 14, 2025 | Study Notes, Property & Casualty
Pro-Rata To explain Pro-Rata I will use an example from my P&C GOLD Course: (Here is the link to buy P&C GOLD) ABC Corp has $100k of coverage on its building through Insurance Co. A and $50k of identical coverage on same building through Insurance Co B....
Apr 11, 2025 | Study Notes, Property & Casualty
Unfair Trade Practices Learn the terms and meaning of the four unfair trade practices: Twisting, Rebaring, Coercion and Defamation. >Twisting Using an improper comparison of two policies in an effort to get the client to cancel their current policy to buy yours...
