XCEL LIFE INSURANCE EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS
4 views 0 purchase
Course
XCEL LIFE INSURANCE
Institution
XCEL LIFE INSURANCE
XCEL LIFE INSURANCE EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS
Replacement regulation is designed to protect - Precise Answer Policyowners from mirepresentation and loss of benefits
All Health Benefit Plans issued after January 1, 2014 must provide - Precise Answer Preventative health serv...
NEBRASKA P AND C EXAM 2024/2025
WITH 100% ACCURATE SOLUTIONS
Subrogation - Precise Answer ✔✔Prevents the insured from collecting
twice for the same loss by transfering insured's right to collect. And
allows the insurer to indemnify the insurance company.
Sound Reproduction equipment permanently installed in the covered
auto if installed by the manufacturer. - Precise Answer ✔✔Is included
under the physical damage coverage of a personal auto policy
Market Value when the property was first purchased. - Precise Answer
✔✔What is not a consideration when paying inland marine claim?
10 days. BOP Section I. - Precise Answer ✔✔BOP Section I if an
insurer wants to non renew a policy how many days before must the
insurer notify the mortgage holder/.
HomeOwners Earthquake Endorsement. - Precise Answer ✔✔One or
more earthquakes occurring within 72 hr period are considered one
occurrence.
Nonrenewal. - Precise Answer ✔✔When insurance policy don't offer a
continuation or replacement at its expiration date.
, Personal Property classification. - Precise Answer ✔✔Personal Property
is property that is moveable.
Which is false regarding agricultural machinery and equipment
coverage? - Precise Answer ✔✔a. it relates to devices used in everyday
farm operation.
b. it covers detached parts and accessories of mobile devices.
c. it insures eligible equipment for open perils.
d. this coverage must be written as part of farm coverage.
d. Mobile agriculture machinery and equipment coverage may also be
written on a separate stand alone policy.
Personal auto policy full coverage transportation expenses. - Precise
Answer ✔✔The policy will pay daily expense after 48 yrs. not to exceed
30 days in total.
Negligence may be defined as. - Precise Answer ✔✔The failure to use
proper care results in injury or damage.
Which of the following is true of dwelling policy coverage? - Precise
Answer ✔✔Exclusions apply to all three policy forms.
Several insureds have become liable because of a single loss. How will
the policy's limit of liability be affected? - Precise Answer ✔✔No more
than the per occurrence limit applies. This condition does not increase
the insurers liability for any one occurrence.
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 YANCHY. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $16.49. You're not tied to anything after your purchase.
