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New York State Property and Casualty Exam Package Deal

New York State Property and Casualty Exam Package Deal

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New York State Property and Casualty Insurance Exam with complete Solution

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New York State Property and Casualty Insurance Exam with complete Solution Physical damage coverage under a garage policy is a blanket limit for covered auto, an accurate statement? - Yes; The dealer's physical damage limit would be done on a blanket limit basis. This would apply to comprehensiv...

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New York State Property and Casualty Licensing Exam Latest

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New York State Property and Casualty Licensing Exam Latest Pro Rata Liability Clause is included in an insurance policy to deal with the problem of - Duplicate insurance policies The purpose of this clause is to illustrate the method to determine each insurer's liability in case of a loss. Each...

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Property and Casualty New York Exam Q&A Verified

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Property and Casualty New York Exam Q&A Verified What is a Broker? - A broker is someone who acts on behalf of the insured in negotiating insurance, their for a broker has no binding authority , however brokers are considered to be a collector of premiums. What is an agent (producer)? - An age...

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NY Property and Casualty Insurance Practice Exam with Real Solution

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NY Property and Casualty Insurance Practice Exam with Real Solution Underwriters are permitted to use all of the following when underwriting an application for insurance EXCEPT: - age, race, and religion Which of the following would be covered by a commercial package policy? - loss due to crim...

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NYS Property & Casualty Broker Exam with accurate Solution

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NYS Property & Casualty Broker Exam with accurate Solution What is insurance? - Insurance transfers the risk of loss from an individual or business entity to an insurance company, which in turn spreads the cost of unexpected losses to many individuals. Agent/Producer - a person who acts for an...

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NY Property and Casualty Insurance Exam Graded A+

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NY Property and Casualty Insurance Exam Graded A+ 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. ...

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Property And Casualty NY License Study Summary

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Property And Casualty NY License Study Summary Broker - acts on behalf of insured in negotiating insurance. they work for clients. have no binding authority- can't put risk in place Agent - acts on behalf of insurance company with whom they are contracted. signs contract. never work for clien...

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Property & Casualty (New York) Exam Verified 100%

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Property & Casualty (New York) Exam Verified 100% What are the minimum state required liability limits in New York? - 25/50/10 BI/Death/PD $25k-$50k/$50k-$100k/$10k NY requires $______ in coverage for PIP, no-fault insurance, for "basic economic loss" - $50,000 When filing a no-fault cl...

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Property and Casualty License NY Exam Questions correctly Answered

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Property and Casualty License NY Exam Questions correctly Answered Electronic Media and Records - Special limitation applies to business income loss under BOP, for loss of damage to Stolen Car - According to part E duties after an accident or loss in Auto Policy, police should be called if ...

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NY P&C EXAM Questions and Answers A Score

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NY P&C EXAM Questions and Answers A Score Under the Equipment Breakdown Coverage Form, which of the following describes expediting expenses? - Payment for repairs which accelerate the period of restoration Expediting expenses are those which hasten the period of restoration. By getting the b...

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Property and casualty insurance Exam Questions and Answers Latest Updates (Graded A+)

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Property and casualty insurance Exam Questions and Answers Latest Updates (Graded A+) 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 partia...

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