Exam fx insurance - Study guides, Class notes & Summaries

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The causes of loss insured against in an insurance policy are known as : Perils Before an insurer will pay any loss under a policy, what is usually required from the insured? : Proof of loss An insured works outside the home. The insured's sister lives with him and cares for his four children. When the insured's home is severely damaged by fire, the family moves into an apartment while repairs are being made. The largest apartment available in the area has two bedrooms, so the insu...

Exam FX Insurance ( questions with accurate answers. 100% Verified.Life & Health - Michigan) Glossary

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The causes of loss insured against in an insurance policy are known as - Perils Before an insurer will pay any loss under a policy, what is usually required from the insured? - Proof of loss An insured works outside the home. The insured's sister lives with him and cares for his four children. When the insured's home is severely damaged by fire, the family moves into an apartment while repairs are being made. The largest apartment available in the area has two bedrooms, so the insured's ...

EXAM FX INSURANCE PRACTICE EXAM QUESTIONS WITH 100% CORRECT ANSWERS The causes of loss insured against in an insurance policy are known as CORRECT ANSWER Perils Before an insurer will pay any loss under a policy, what is usually required from the insured? CORRECT ANSWER Proof of loss An insured works outside the home. The insured's sister lives with him and cares for his four children. When the insured's home is severely damaged by fire, the family moves into an apartment while repairs ...

The causes of loss insured against in an insurance policy are known as - Perils Before an insurer will pay any loss under a policy, what is usually required from the insured? - Proof of loss An insured works outside the home. The insured's sister lives with him and cares for his four children. When the insured's home is severely damaged by fire, the family moves into an apartment while repairs are being made. The largest apartment available in the area has two bedrooms, so the insured's ...

The causes of loss insured against in an insurance policy are known as correct answer: Perils Before an insurer will pay any loss under a policy, what is usually required from the insured? correct answer: Proof of loss An insured works outside the home. The insured's sister lives with him and cares for his four children. When the insured's home is severely damaged by fire, the family moves into an apartment while repairs are being made. The largest apartment available in the area has t...

Exam FX Insurance Practice Exam Questions And Complete Answers

Agent/Producer CORRECT ANSWER a legal representative of an insurance company; the classification of producer usually includes agents and brokers; agents are the agents of the insurer Applicants (or proposed insured) CORRECT ANSWER a person applying for insurance Broker CORRECT ANSWER an insurance producer not appointed by an insurer and is deemed to represent the client Insurance Policy CORRECT ANSWER a contract between a policyowner (and/or insured) and an insurance company which agree...