CPCU 553 PACKAGE DEAL

The personal auto policy (PAP) definition of your covered auto includes - ️️Any vehicle shown in the dec pg, a newly acquired auto, any trailer owned by the named insured, and a temp auto or trailer Regarding the PAP which one of the following includes details on coverage related to state spe...

Define: Liability loss exposure - ️️Any condition or situation that presents the possibility of a claim alleging legal responsibility of a person or business for injury or damage suffered by another party. Define: Damages - ️️Money claimed by, or a monetary award to, a party who has suffe...

What are the different approaches (6) auto insurers and state governments have designed to compensate auto accident victims? - ️️1. Tort liability system 2. Financial responsibility laws 3. Compulsory insurance laws 4. Uninsured motorist coverage 5. Underinsured motorist coverage 6. No-faul...

According to the National Safety Council, what percentage of disabling accidents and illnesses are work-related? Select one: A. Fewer than one-half of Social Security Disability Insurance claims are approved. B. About 4 percent of Americans are disabled. C. The average benefit paid by Social Sec...

A policy issued by a mutual insurer describes each insured's right to vote in the election of the board of directors. This description is most likely found in the policy's - ️️Miscellaneous provisions are often unique to a particular type of insurer, such as a description of voting rights for ...