Package deal
PROPERTY AND INSURANCE PACKAGE DEAL
PROPERTY AND INSURANCE PACKAGE DEAL SUCCESS GUARANTEED
[Show more]PROPERTY AND INSURANCE PACKAGE DEAL SUCCESS GUARANTEED
[Show more]Insurance - ️️The transfer of risk through a legal contract 
 
Property - ️️Covers real property and personal property against damage or loss resulting from covered causes of loss called perils 
 
casualty - ️️covers non-property losses (3rd Party) 
 
Personal lines - ️️Insurance for...
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Add to cartInsurance - ️️The transfer of risk through a legal contract 
 
Property - ️️Covers real property and personal property against damage or loss resulting from covered causes of loss called perils 
 
casualty - ️️covers non-property losses (3rd Party) 
 
Personal lines - ️️Insurance for...
Specific insurance - ️️This type of insurance designates a particular item to be insured 
 
Blanket insurance - ️️This type of insurance covers more than one item of property at a single location or one more items of property at multiple locations. 
 
Speculative - ️️possibility of both ...
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Add to cartSpecific insurance - ️️This type of insurance designates a particular item to be insured 
 
Blanket insurance - ️️This type of insurance covers more than one item of property at a single location or one more items of property at multiple locations. 
 
Speculative - ️️possibility of both ...
Which of the following are the authorities that an agent can hold? - ️️Express and implied 
 
Which of the following terms refers to such disabilities the loss of a limb, hearing , or eye sight? - ️️Permanent partial disability 
 
Who is NOT considered an employee in an commercial general li...
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Add to cartWhich of the following are the authorities that an agent can hold? - ️️Express and implied 
 
Which of the following terms refers to such disabilities the loss of a limb, hearing , or eye sight? - ️️Permanent partial disability 
 
Who is NOT considered an employee in an commercial general li...
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Add to cartthe one basic characteristic of any type of insurance is that the insured is returned to the same status that existed prior to the loss, but without a chance for gain or profit - ️️true 
 
which of the following coverages does an open peril policy provide? - ️️perils other than those specifi...
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Add to cartthe one basic characteristic of any type of insurance is that the insured is returned to the same status that existed prior to the loss, but without a chance for gain or profit - ️️true 
 
which of the following coverages does an open peril policy provide? - ️️perils other than those specifi...
What is a peril? - ️️A Peril is a cause of loss 
 
What is a hazard? - ️️Something that increases the chance of a loss 
 
What is the difference between a Moral hazard and a Morale Hazard? - ️️Moral Hazard - dishonesty, against the law 
Morale Hazard - carelessness 
 
What is the method ...
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Add to cartWhat is a peril? - ️️A Peril is a cause of loss 
 
What is a hazard? - ️️Something that increases the chance of a loss 
 
What is the difference between a Moral hazard and a Morale Hazard? - ️️Moral Hazard - dishonesty, against the law 
Morale Hazard - carelessness 
 
What is the method ...
An unlicensed employee of an insurance agency may perform all of the following EXCEPT: - ️️A) Accept a claim form 
B) Type correspondence for a direct mail campaign 
C) Deposit properly endorsed checks into the agency's bank account 
•• D) Advise an insured of coverage issues 
 
A producer ...
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Add to cartAn unlicensed employee of an insurance agency may perform all of the following EXCEPT: - ️️A) Accept a claim form 
B) Type correspondence for a direct mail campaign 
C) Deposit properly endorsed checks into the agency's bank account 
•• D) Advise an insured of coverage issues 
 
A producer ...
All of the following are factors in the determination of actual cash value EXCEPT - ️️Insurance premium paid 
 
The dwelling insured on HO-2, HO-3, or HO-5 forms is covered for replacement, provided that it is insured for at least what percentage of replacement cost on the date of loss? - ️️...
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Add to cartAll of the following are factors in the determination of actual cash value EXCEPT - ️️Insurance premium paid 
 
The dwelling insured on HO-2, HO-3, or HO-5 forms is covered for replacement, provided that it is insured for at least what percentage of replacement cost on the date of loss? - ️️...
To prevent recovery beyond the amount of the insured's actual loss, the policy will contain: - ️️An Other Insurance Clause 
 
Collision coverage of an auto policy covers: 
a) road damage to the tires 
b) upset of the vehicle 
c) frozen engine block 
d) falling objects - ️️B) upset of the ve...
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Add to cartTo prevent recovery beyond the amount of the insured's actual loss, the policy will contain: - ️️An Other Insurance Clause 
 
Collision coverage of an auto policy covers: 
a) road damage to the tires 
b) upset of the vehicle 
c) frozen engine block 
d) falling objects - ️️B) upset of the ve...
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