100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Property & Casualty Tennessee State Licensing Exam Questions and Answers 100% Pass $12.49   Add to cart

Exam (elaborations)

Property & Casualty Tennessee State Licensing Exam Questions and Answers 100% Pass

 0 view  0 purchase
  • Course
  • Prep Tests
  • Institution
  • Prep Tests

Property & Casualty Tennessee State Licensing Exam Questions and Answers 100% Pass Physical Hazard - ANSWER-hazard that arises from the property itself Morale Hazard - ANSWER-person driving crazy because they have insurance Moral Hazard - ANSWER-create a loss situation to collect from insuranc...

[Show more]

Preview 2 out of 10  pages

  • November 13, 2024
  • 10
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Prep Tests
  • Prep Tests
avatar-seller
EmilyCharlene
Property & Casualty Tennessee State
Licensing Exam Questions and
Answers 100% Pass

Physical Hazard - ANSWER✔✔-hazard that arises from the property itself


Morale Hazard - ANSWER✔✔-person driving crazy because they have insurance


Moral Hazard - ANSWER✔✔-create a loss situation to collect from insurance

company


Aleatory - ANSWER✔✔-contingent on a certain event that provides for unequal

transfer of value between parties


Contract of Adhesion - ANSWER✔✔-one party has greater power over the other in

the contract


Class 1-Frame - ANSWER✔✔-outside support walls, roof and floors are made of

wood or other combustible materials


exterior is stucco or brick veneer


interior is lath and plaster



Copyright ©EMILYCHARLENE2025. ALL RIGHTS RESERVED
Page 1/10

, Class 2-Joist and Masonry - ANSWER✔✔-outside support walls are made of non-

combustible materials and the roof and floor are made of combustible materials


Combustible Materials - ANSWER✔✔-wood or other materials that easily catch fire


Noncombustible Materials - ANSWER✔✔-are materials like concrete, stone, brick, or

metal that do not easily catch fire


Class 3-Noncombustible - ANSWER✔✔-everything is constructed of and supported

by noncombustible materials


Class 4- Masonry Noncombustible - ANSWER✔✔-exterior walls constructed of

masonry and the roof and floor are constructed of noncombustible materials


Class 5- Modified Fire Resistive - ANSWER✔✔-everything is constructed of masonry

or fire material with a fire resistance rating of 2 hours or less


Class 6- Fire Resistive - ANSWER✔✔-everything is constructed of masonry or fire

resistive material rated of 2 hours or more


Mortgagee/ Loss Payable Condition - ANSWER✔✔-specifies the rights and duties of

the mortgagee (bank or other lender) under the policy


Personal Property Form - ANSWER✔✔-is open perils coverage on personal property

usually in a home


Personal Effects Form - ANSWER✔✔-insures personal property while traveling


Copyright ©EMILYCHARLENE2025. ALL RIGHTS RESERVED
Page 2/10

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 EmilyCharlene. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75759 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.49
  • (0)
  Add to cart