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6 Cards in this Set

  • Front
  • Back

SNE - No one that is not licensed can practice

S - SOLICIT


N - NEGOTIATE


E - EFFECTUATE

Element of a contract (CCOAL)

C= Competent (over 18)


C= Consideration ($)


O= Offer


A= Acceptance


L= Legal

HAZARDS

Physical


Moral


Morale


Legal

5 methods of handling risk (STARR)

S= Share (Coinsurance)


T= Transfer


A= Avoidance


R= Reduction


R= Retention

Free Look

10 - New Policy


20 - Replace a Policy


30 - Without an agent (online)

Exclusions

1. It's not covered


2. It's covered somewhere else


3. It's illegal


4. It's Catastrophic


5. It's Self Inflicted


6. It's Double Dipping