Property insurance - Study guides, Class notes & Summaries

Property and Casualty Insurance Mastery Exam A Questions and Answers 100% Pass An insured rents a car while on vacation in Canada and causes an accident. Is there coverage under his personal auto policy? - Correct Answer ️️ -The loss is covered under an unendorsed personal auto policy. Under the workers' compensation laws, which of the following would NOT be covered? - Correct Answer ️️ -Heart-related illness resulting from hereditary causes An insurance policy covers fire, will ...

Faulty wiring in a home is an example of a: a) loss b) peril c) risk d) hazard - correct answer Hazard When a person buys insurance what method of handling risk has been undertaken? a) transfer b) reduction c) avoidance d) retention - correct answer Transfer In property and casualty insurance, insurable interest must exist: a) at the time a change is made to a policy b) at the time of policy application c) at the time of loss d) at the time of policy solicitation - correct...

PVL2601 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE August 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us . . Question 1 For the past ten years, Ben has known that he is sterile. As Mary has repeatedly told Ben that she wants children, Ben fears that Mary will not want marry him if he tells her about his sterility. A year after the wedding, Ben tells Mary that he is sterile. Mary tells Ben th...

Ohio Property and Casualty Insurance Exam Questions and Answers Updated 2024 (Rated 100%) Financial Responsibility Law: drivers have proof that they have money to pay for accident where they are at fault 2. fraud: lie planned to trick others and make it leave other value 3. insolvency: you can't pay your claim 4. mine subsidence: damage to house (only) by cave in collapse of mine 5. negotiate: talk with prospective client of set type of insurance about their benefits 6. to negotiate you m...

South Carolina Property and Casualty Insurance exam questions with 100% correct answers

NJ Property Casualty Insurance Exam Set questions and answers

A broker requests a hearing with the Commissioner. Within how many days of the request must the hearing be held? - 30 Collision coverage extends to rented passenger vehicles that have been rented for - No more than 30 days. Every vehicle insurance policy issued and delivered in Maryland must provide coverage for medical, hospital and disability benefits, unless - Waived by the first named insured. When an insurer desires to cancel or non-renew a property insurance policy, they must give ad...

Tennessee Property and Casualty Insurance State Review Questions and Answers (Latest Update 2024)

Pearson VUE: Property Insurance Practice Exam 2024/2025 already graded A+

2 reasons - No Flood - Catastophic, adverse selection Watercraft Policy - Open cockpit, 26 feet or less in length Absolute Liabilty - Strong Liklihood of harming others Intervening Cause - Disruption in chain of events Negligence - LBPD - Legal Duty Owed, Breach of Legal Duty, Proximate Cause, and Damages. 25 mph - What is the maximum horesepower a boat can have and be covered under a H.O. Policy Personal Liability Coverage - Single Occurrence Limit - $100,000 - non business activities De...