RPLU Bundled Exam Questions And Answers 100% Solved

RPLU 11 Employment Practice Liability Exam Questions And Answers 100% Pass Affirmative Action - answerThe proactive measures an employer takes to recruit, employ and advance protected classes of employees Affirmative Defense - answerAn explanation for a defendant' actions that justifies the d...

RPLU 2: Module 2: CGL Overview Exam Questions And Answers 100% Pass. Additional Insured - answerAn individual or organization that is covered under an insurance policy based on a relationship to the named insured Aggregate Limit - answerThe maximum amount the insurer will pay within a specific p...

RPLU 8 - Directors & Officers Intro Exam Questions And Answers 100% Pass. Directors & Officers Liability Insurance - answerA specialty line of professional liability that protects directors and officers of corporations and sometimes the entity against legal judgments, settlements and related exp...

RPLU 9 Public/Financial D&O Liability Insurance. Exam Questions And Answers 100% Pass. What is the difference between a Section 10(b) or Section 11 securities lawsuit and a derivative lawsuit? - answerSection 10(b) and Section 11 lawsuits are brought by shareholders for their own personal losse...

RPLU 18 - Exam Questions And Answers 100% Pass What does a limitation of liability clause do? - answerAllocates potential liability between contractual parties. * Also includes a maximum dollar amount of liability What is the difference between Mediation & Arbitration? - answerMediation is less ...

RPLU 2: Module 1: Fundamentals of Liability Insurance Exam Study Guide. Absolute Liability (Strict Liability) - answerA type of liability that is imposed when a person or entity is held accountable for a loss without regard to fault Accident Year - answerA twelve-month accounting period (usually...

RPLU 23 - Privacy and Data Security Insurance - Chapter 5 Exam Study Guide. 4 common underwriting factors - answer1. Type of company 2. Data characteristics 3. Revenue 4. Individual Risk Factors An underwriting distinction that classifies professions into specified rating groups that have simi...

RPLU Commercial General Liability Insurance: Overview Indemnity - answerInsurer pays for damages or injury for which the insured is held legally liable Defense - answerInsurer provides a legal defense against claims of liability 1st Standard Policy General Liability form - answerFirst issued in ...

RPLU Fiduciary Liability Insurance Exam 12 Questions And Answers 100% Pass. Retirement Equity Act of 1984 - answerCreated spousal rights to pension benefits through qualified domestic relations orders (QDROs) in the event of divorce and through pre-retirement survivor annuities What is a purpose...

RPLU Module 3 Exam Questions And Answers 100% Pass Errors and Omissions Insurance - answer-provides coverage for liability that arises from the alleged negligence (i.e. error or omission) in the course of rendering a professional service -Categories Include: Medical Professional Liability, Non-M...

RPLU-05 Reinsurance Exam Questions And Answers 100% Pass. Define reinsurance and describe its role in the industry - answerReinsurance is known as "insurance for insurance companies." It is a mechanism for insurance companies to protect their business from potential catastrophic losses. Th...

©THEBRIGHT EXAM SOLUTIONS 11/8/2024 12:08 PM (RPLU) Professional Liability Insurance: Intro - Definitions Aggregate Limit - answerThe maximum amount the insurer will pay within a specific policy period for all of the claims incurred under an insurance policy Allocatoin - answerThe determinati...

RPLU - Exam 1 Questions And Answers 100% Pass. 5 Categories CGL insurance offers coverage for exposures - answer1. Premises and Operations 2. Product Liability 3. Complete Operations Liability 4. Contractual Liability 5. Contingent Liability CGL covers damages arise out of - answer1. Bodily I...