FX, Property & Casualty Insurance Exam package deal

FX EXAM PROPERTY & CASUALTY WITH COMPLETE SOLUTION ( AWARDED A+) Law of Large Numbers - The larger the number of people with a similar exposure to loss, the more predictable actual losses will be. Insurance - Transfers the risk of loss from an individual or business entity to an insurance comp...

FX, VA Property & Casualty Insurance Exam Questions and Answers A pass 2023 The members of a limited liability company are insureds under a businessowners policy (BOP) if - The limited liability company is designated as the named insured. An endorsement added to a businessowners policy that pr...

Fx property and casualty Exam Comprehensively covered Questions and Answers 2023 1. In dwelling policies, automatic increase in insurance is (Choose from the following options) 1. Coverage for newly acquired property. 2. Coverage by endorsement. 3. Automatic coverage. 4. Coverage witho...

FX Insurance Practice Exam Questions and Answers Latest Update 2023 The causes of loss insured against in an insurance policy are known as - Perils Before an insurer will pay any loss under a policy, what is usually required from the insured? - Proof of loss An insured works outside the hom...

FX PA Property and Casualty Exam With Correct Solution Insurance Transactions include what 4 tactics - Solicitation Negotiation Sale Advising 2 types of Risk - 1. Pure 2. Speculative Pure Risk Definition - A risk that can only can result in loss or no change Speculative Risk Definit...

Fx Insurance Exam Questions and Answers Latest 2023 Accelerated benefits - riders attached to life insurance policies which allow death benefits to be used to cover nursing or convalescent home expenses accident - an unplanned, unforeseen event which occurs suddenly at an unspecified place ...

Fx Property and Casualty Insurance Basics Exam With Accurate Solution Financial(monetary interest) Blood(a relative) Business(a business partner) - 3 elements of insurable risk at the time of the loss - In property and casualty insurance, insurable interest must exist __ ___ ____ __ ___ ____...

FX Simulated Exam Test Questions and Answers With Absolute Solution 2023 Which of the following policies does NOT contain an automatic reinstatement provision? a) Business automobile liability b) Personal automobile liability with split limits c) Homeowners d) General liability written with a...