Exam Fx-Property and Casualty Exam Questions and Answers 100% Pass To be considered an insurable risk, a loss may NOT be catastrophic
Which of the following persons would be required to hold a producer license? a nonresident agent who negotiates insurance contracts
Which of the following is the o...
Exam Fx -Property and Casualty Exam Questions and Answers 100% Pass To be considered an insurable risk, a loss may NOT be ✔✔catastrophic Which of the following persons would be required to hold a producer license? ✔✔a no nresident agent who negotiates insurance contracts Which of the following is the oldest known type of insurance? ✔✔ocean marine The contents coverage on a homeowners policy would pay how much after the loss of one of a pair of golden candlesticks? ✔✔the difference in the actual cash value as a pair and as a single Which of the following additional perils is covered under both of the Basic and Broad forms in dwelling policies? ✔✔internal explosion When would a misrepresentation on the insurance applicati on be considered fraud? ✔✔If it is intentional and material A bond is written for a set limit, and the surety will be liable only for this amount. This limit is known as the ✔✔penalty In insurance, an offer is usually made when ✔✔the application is submi tted All of the following actions by a producer may be grounds for license revocation or non -renewal EXCEPT ✔✔participating in controlled business In personal auto policies, the term "you" refers to ✔✔the named insured Business personal property coverage form covers all of the following except: ✔✔automobiles held for sale in dwelling policies, automatic increase in insurance is ✔✔coverage by endorsement To be eligible for businessowners policy (BOP) coverage, an office building CANNOT be higher than ✔✔6 stories Elaborate homes with replacement costs greater than ACV or market value are insured on the ✔✔HO-8 Form Which of the following dwelling coverage forms would pay replacement cost for the dwelling? ✔✔DP-2 and DP -3
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BrilliantScores. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.49. You're not tied to anything after your purchase.