Exam fx casualty - Study guides, Class notes & Summaries

Exam Fx-Property and Casualty Exam/90 Questions & Answers

Financial(monetary interest) Blood(a relative) Business(a business partner) correct answer: 3 elements of insurable risk at the time of the loss correct answer: In property and casualty insurance, insurable interest must exist __ ___ ____ __ ___ ____ insured correct answer: anyone who is covered under the policy, whether named or not named insured correct answer: the individual whose name appears on the policy's declaration first named insured correct answer: the individual w...

Exam Fx Chapter 2 - Property and Casualty Insurance Basics Exam Questions with complete solutions

Texas Property and Casualty Exam - FX Key Facts Newest 2024 Questions and Answers Latest (2024 / 2025) (Verified Answers)

Exam Fx-Property and Casualty Exam 2024 Questions and Answers Latest (2024 / 2025) (Verified Answers) Exam Fx-Property and Casualty Exam 2024 Questions and Answers Latest (2024 / 2025) (Verified Answers) To be considered an insurable risk, a loss may NOT be Answer catastrophic 2. Which of the following persons would be required to hold a producer license? Answer a nonresident agent who negotiates insurance contracts 3. Which of the following is the oldest known type of insurance? Answer oc...

EXAM FX, VA PROPERTY & CASUALTY INSURANCE EXAM LATEST 2024 ACTUAL EXAM 250 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A+

The declarations section in a homeowners policy provides all of the following information EXCEPT correct answer: Policy exclusions An insurer must notify the consumer in writing that an investigative consumer report has been requested, within how many days of the initial request? correct answer: 3 days Once a binder is issued, it can last no longer than correct answer: 90 days An insured has a maximum limit of coverage available under her liability policy during a policy year, regard...

Exam FX, VA Property &Exam FX, VA Property & Casualty Insurance Exam Questions and Answers 100% CorrectExam FX, VA Property & Casualty Insurance Exam Questions and Answers 100% Correct Casualty Insurance Exam Questions and Answers 100% CorrectExam FX, VA Property & Casualty Insurance Exam Questions and Answers 100% Correct The members of a limited liability company are insureds under a businessowners policy (BOP) if - ANSWER-The limited liability company is designated as the named insured. ...

Exam FX, VA Property & Casualty Insurance Questions and Answers 100% CorrectExam FX, VA Property & Casualty Insurance Questions and Answers 100% CorrectExam FX, VA Property & Casualty Insurance Questions and Answers 100% CorrectExam FX, VA Property & Casualty Insurance Questions and Answers 100% Correct Which of the following is NOT covered by the condominium unit owners endorsement - ANSWER-Furniture in the building A building insured with commercial property insurance has been vacant 9...