RMI
This covers the insured’s legal liability arising out of property damage or bodily injury to others; legal defense costs are also paid.
What is Liability Insurance
This is the process for determining the insurability of a life insurance applicant.
What is underwriting?
A person who holds an actuarial designation from a professional actuarial organization
What is an Actuary
Gamma Iota Sigma colors
What is Black & Gold
Your game proctors' name?
Brittney
This is a corporation owned by stockholders.
What is a stock insurer
This federal law was passed in 1974 to provide protection for employees’ health and retirement plans.
What is ERISA (Employee Retirement Income Security Act)?
what does SOA stand for?
Society of Actuaries
When was GIS was founded?
April 16, 1966.
A series of payments made at equal intervals in time.
Annuity
The sharing of losses sustained by a few members of a group?
What is Pooling
This federal law provides job protection for employees who take leave from work to care for family members.
What is the Family Medical Leave Act (FMLA)?
Secured, unsecured, and Guaranteed
What are the types of loans?
Solutions for Authenticity, Inclusion, and Diversity
What is Gamma S.A.I.D?
Uncertainty arising from a peril that would result in an economic loss with no possibility of an economic gain.
What is Risk?
Who regulates the insurance agency?
The states
Workers’ Compensation, LTD, and Social Security are examples of assistance for people who are unable to work for a period of time.
What are disability programs?
Insurance, Derivatives, Outsource
What are Transfer Methods?
Based on four ideals: friendship, knowledge, integrity, and fidelity.
What is the Coat of Arms logo?
Anyone who submits a claim to an insurer.
What is claimant?
What is a direct cause of loss?
Peril
This is one of the most controversial pieces of health care legislation ever passed in the U.S.
What is the Patient Protection and Affordable Care Act (ACA)?
Allows one insurance company to pass some or all of these insurance risks to another insurance company.
What is Reinsurance?
Which GIS chapter is the second oldest chapter?
Beta (Bowling Green State University)
Failure to take ordinary or reasonable care to prevent accidents from happening.
What is Negligence