ExamFX Chapter 3: Types of Property Policies Questions With Complete Solutions
41 views 0 purchase
Course
Fx life insurance
Institution
Fx Life Insurance
Personal Lines - Includes Dwelling and Homeowners policies
Commercial Lines - Business policies such as Businessowners, Commercial Property and Commercial Package policies
Dwelling Property Policy - Insures properties solely used for residential purposes, can be used to insure the dwelling on...
ExamFX Chapter 3: Types of Property Policies
Questions With Complete Solutions
Personal Lines - Includes Dwelling and Homeowners policies
Commercial Lines - Business policies such as Businessowners, Commercial Property and Commercial Package policies
Dwelling Property Policy - Insures properties solely used for residential purposes, can be used to insure the dwelling only, contents only, or both
Basic, Broad and Special Form Coverage - The three separate coverage forms available under the dwelling program
Endorsements - Exist to amend the coverage to tailor it to the specific needs of the policy applicant
Liability Coverage - Coverage that is NOT included, but can be added to the policy. Commonly used to insure rental dwellings.
Dwelling Property (DP) Form Structure - Agreement, Definitions, Deductible, Coverages, Perils Insured Against, General Exclusions and Conditions
Perils Insured Against - Part of the DP form structure, varies by form and is a key differentiator in form selection
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 Demetrius. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.