Which of the following actions will an insurance company most likely not take if an applicant who has diabetes applies?

• Which of the following actions will an insurance company most likely not take if an applicant who has diabetes applies for disability income policy?
• What is the primary factor that determines the benefits paid?
• What is the difference between twisting and churning?
• Is churning illegal?
• What does churning mean?
• What does insurance term twisting mean?
• Does twisting work your abs?
• What is called twisting moment?
• What is an example of torsion?
• What are 4 types of force?
• What is difference between torque and torsion?
• What is the SI unit of torsion?
• What is J in torque?
• Which material is suitable for shaft material?

Which of the following actions will an insurance company most likely NOT take if an applicant, who has diabetes, applies for a Disability Income policy? The correct answer is “Issue the policy with an altered Time of Payment of Claims provision”.

What is the primary factor that determines the benefits paid?

What is the primary factor that determines the benefits paid under a disability income policy? Wages. (The major factor in determining the benefit amount paid under a disability income policy is wages.)

Is rebating unethical?

Another practice that is unethical — and which is illegal in most states — is rebating. While the giving of gifts to customers takes place in many industries, this practice is generally forbidden in the insurance business.

What is the difference between twisting and churning?

Twisting is the act of replacing insurance coverage of one insurer with that of another based on misrepresentations (coverage with Carrier A is replaced with coverage from Carrier B). Churning is in effect “twisting” of policies by the existing insurer (coverage with Carrier A is replaced with coverage from Carrier A).

Is churning illegal?

For churning to take place, the broker must exercise actual or effective command over investment decisions of a client. Churning is illegal because it breaks the fiduciary duty a broker must maintain with a client. Churning may break a number of securities laws.

Are twisting and churning illegal?

Whether a life policy is replaced through churning or twisting, the practice is illegal if the customer was misled concerning the benefits of the replacement.

What does churning mean?

Use the adjective churning to describe a liquid that’s being powerfully moved around. A churning sea is the result of a violent storm that blows against the water and produces large waves. You could even describe your churning stomach when you’re incredibly nervous about giving a speech or making a presentation.

What does insurance term twisting mean?

Twisting — the act of inducing or attempting to induce a policy owner to drop an existing life insurance policy and to take another policy that is substantially the same kind by using misrepresentations or incomplete comparisons of the advantages and disadvantages of the two policies.

What does twisting mean?

: the use of misrepresentation or trickery to get someone to lapse a life insurance policy and buy another usually in another company. Synonyms Example Sentences Learn More about twisting.

Does twisting work your abs?

The first step to a strong core is getting rid of all the belly flab. Twist exercises do exactly that. They target the fat and at the same time work on your core muscles. Twist exercises not only work on your upper and lower abdominals, but also works on the oblique muscles.

What is called twisting moment?

Explanation: As torsion is a product of perpendicular force and radius, the units will be N m. Torque is also known as torsion or twisting moment or turning moment.

What is a twisting force?

A force that twists something is called torsion. In physics, you can calculate torsion using a formula. The turning or twisting force that causes torsion is called torque.

What is an example of torsion?

Twisting a simple piece of blackboard chalk between ones fingers until it snaps is an example of a torsional force in action. A common example of torsion in engineering is when a transmission drive shaft (such as in an automobile) receives a turning force from its power source (the engine).

What are 4 types of force?

Fundamental force, also called fundamental interaction, in physics, any of the four basic forces—gravitational, electromagnetic, strong, and weak—that govern how objects or particles interact and how certain particles decay.

What is G in torsion formula?

G = modulus of rigidity (PanGlobal and Reed’s) or shear modulus (everybody else), [Pa, psi] θ = angle of twist, [rad] L = length of the shaft, [m, in]

What is difference between torque and torsion?

Torsion happens when the torque causes a shear stress to be applied on the body. The main difference between torque and torsion is that torque describes something that is capable of producing an angular acceleration, whereas torsion describes the twist formed in a body due to a torque.

What is the SI unit of torsion?

Pascal

What is J in shear stress?

τ = shear stress (Pa, lbf/ft2 (psf)) T = twisting moment (Nm, lbf ft) r = distance from center to stressed surface in the given position (m, ft) J = Polar Moment of Inertia of Area (m4, ft4)

What is J in torque?

In solid mechanics, torsion is the twisting of an object that is result of an applied torque. T is the applied torque, r is the distance from the center of rotation, and J is the polar moment of inertia.

Which material is suitable for shaft material?

steel

Is torsion the same as shear stress?

Shear stress and shear strain (which are caused torsional loads) occur when a force is applied parallel or tangent to an area. Torque on a shaft causes shear stress. The torsion, or twist, induced when torque is applied to a shaft causes a distribution of stress over the shaft’s cross-sectional area.