LEGAL CONCEPTS Flashcards
Which of these is NOT considered to be an element of an insurance contract?
~~~
( )the offer
( )acceptance
( )negotiating
( )consideration
~~~
Qual destes NÃO é considerado um elemento de um contrato de seguro?
negotiating
Is CONSIDERED: the offer , acceptance. consideration
Q purchases a $500,000 life insurance policy and pays $900 in premiums over the first six months. Q dies suddenly and the beneficiary is paid $500,000. This exchange of unequal values reflects which of the following insurance contract features?
~~~
( )Aleatory
( )Adhesion
( )Unilateral
( )Consideration
~~~
Q compra uma apólice de seguro de vida de $ 500.000 e paga $ 900 em prêmios nos primeiros seis meses. Q morre repentinamente e o beneficiário recebe $ 500.000. Essa troca de valores desiguais reflete qual das seguintes características do contrato de seguro?
Aleatory
A life insurance policy would be considered a wagering contract WITHOUT
~~~
( )insurable interest
( )premium payment
( )agent solicitation
( )constructive delivery
~~~
Uma apólice de seguro de vida seria considerada um contrato de aposta SEM
insurable interest
interesse segurável
A warranty
~~~
( )guarantees that an insurance company will pay a benefit
( )is a statement believed to be true to the best of one’s knowledge
( )cannot be used to void the contract
( )is a statement guaranteed to be true
~~~
uma garantia
is a statement guaranteed to be true
é uma afirmação garantida como verdadeira
When must insurable interest be present in order for a life insurance policy to be valid?
~~~
( )When the insured dies
( )Within the incontestability period
( )When the application is made
( )Before the insured dies
~~~
Quando o interesse segurável deve estar presente para que uma apólice de seguro de vida seja
ser válido?
When the application is made
Quando a aplicação é feita
Which of these require an offer, acceptance, and consideration?
~~~
( )Warranty
( )Estoppel
( )Contract
( )Representation
~~~
Quais deles requerem uma oferta, aceitação e consideração?
Contract
When third-party ownership is involved, applicants who also happen to be the stated primary beneficiary are required to have
~~~
( )all statements be warranties
( )insurable interest in the proposed insured
( )the agent complete a third-party application
( )all those involved be family-related
~~~
Quando a propriedade de terceiros está envolvida, os candidatos que também são os beneficiário principal declarado são obrigados a ter
insurable interest in the proposed insured
interesse segurável no segurado proposto
At what point does an informal contract become binding?
~~~
( )When one party makes an invitation and the other makes an offer
( )When an offer is made by one party and the other party rejects the offer and makes a counteroffer
( )When one party makes an offer and the other party accepts that offer
( )When one party makes the required payment
~~~
Em que ponto um contrato informal se torna obrigatório?
When one party makes an offer and the other party accepts that offer
Quando uma parte faz uma oferta e a outra parte aceita essa oferta
E and F are business partners. Each takes out a $500,000 life insurance policy on the other, naming himself as primary beneficiary. E and F eventually terminate their business, and four months later E dies. Although E was married with three children at the time of death, the primary beneficiary is still F. However, an insurable interest no longer exists. Where will the proceeds from E’s life insurance policy be directed to?
~~~
( )F
( )The dissolved partnership
( )E’s family
( )E’s estate
~~~
E e F são parceiros de negócios. Cada um faz um seguro de vida de $ 500.000 política, por outro, nomeando-se como beneficiário principal. E e F eventualmente encerram seus negócios e, quatro meses depois, E morre. Embora E fosse casado com três filhos no momento da morte, o beneficiário principal ainda é F. No entanto, um interesse segurável não existe mais. Onde vai o produto
da apólice de seguro de vida de E ser direcionado?
F
Stranger Originated Life Insurance (STOLI) has been found to be in violation of which of the following contractual elements?
~~~
( )Consideration
( )Competent Parties
( )Offer/Acceptance
( )Legal Purpose (Insurable Interest)
~~~
Seguro de vida originado por estranhos (STOLI) foi considerado uma violação de qual dos seguintes elementos contratuais?
Legal Purpose (Insurable Interest)
Finalidade Legal (Interesse Segurável)
Life and health insurance policies are
~~~
( )Multi-lateral contracts
( )Bilateral contracts
( )Unilateral contracts
( )Non-lateral contracts
~~~
As apólices de seguro de vida e saúde são
Unilateral contracts
Contratos unilaterais
In an insurance contract, the insurer is the only party who makes a legally enforceable promise. What kind of contract is this?
~~~
( )Estoppel
( )Aleatory
( )Adhesion
( )Unilateral
~~~
Em um contrato de seguro, a seguradora é a única parte que faz uma obrigação legal promessa exigível. Que tipo de contrato é esse?
**Unilateral
**
Which of the following consists of an offer, acceptance, and consideration?
~~~
( )Warranty
( )Estoppel
( )Contract
( )Representation
~~~
Qual das opções a seguir consiste em uma oferta, aceitação e consideração?
Contract
contrato
Insurance policies are offered on a “take it or leave it” basis, which make them
~~~
( )Conditional Contracts
( )Aleatory Contracts
( )Unilateral Contracts
( )Contracts of Adhesion
~~~
As apólices de seguro são oferecidas na base do “pegar ou largar”, o que as torna
Contracts of Adhesion
Contratos de Adesão
Insurance contracts are known as ____ because certain future conditions or
acts must occur before any claims can be paid.
~~~
( )consideration
( )unilateral
( )aleatory
( )conditional
~~~
Os contratos de seguro são conhecidos como ____ porque certas condições futuras ou
atos devem ocorrer antes que quaisquer reivindicações possam ser pagas.
conditional
condicional
