New york personal lines - Study guides, Class notes & Summaries

New York Personal Lines Final Exam with complete solution

New York Personal Lines Final Exam 2024/2025 graded A+

A passenger is injured while getting into a friends car. Which of the following statements would apply if both the passenger and the driver had medical payments coverage under the auto policy. The drivers policy would be primary. Adverse selection is a concept best described as: Risks with higher probability of loss, seeking insurances more often than other risks. An example of an alien insurer doing business in NY is one formed under the laws of Mexico According to the N...

New York Personal Lines Final Exam 2024/2025 A+ score assured ( 100% verified)

New York Personal Lines Final Exam

New York Personal Lines Final Exam 100% Solved correct |Assured Pass A passenger is injured while getting into a friend’s car. Which of the following statements would apply if both the passenger and the driver had medical payments coverage under the auto policy? {{Correct Ans- The drivers policy would be primary. Adverse selection is a concept best described as: {{Correct Ans- Risks with higher probability of loss, seeking insurances more often than other risks. An example of an alien i...

TSI Testing 126 Questions with Verified Answers In 2010, talk show host Oprah Winfrey and novelist Jonathan Franzen kissed and made up after a nine-year feud. In 2001, Franzen was disinvited from appearing on Winfrey's TV show to pitch his novel The Corrections after he made it clear that he was unhappy about the book's being chosen for the Oprah Book Club. Describing his work as "in the high-art literary tradition," Franzen said he didn't want to be associated with the Club, which he a...

Personal Lines {New York} Final Exam Questions With Verified And Reviewed Answers | Already Passed!! 1) Which of the following would be added for coverage under a property policy by an endorsement? - ANSWER Additional Insureds 2) Under the automobile assigned risk plan how much coverage must be provided to the insured for liability arising out of the death of two persons caused by a single auto accident? - ANSWER Up to 100,000$ 3) An insured relocated to another sta...

New York State Property and Casualty Licensing Exam Questions and Answers Graded A+ Pro Rata Liability Clause is included in an insurance policy to deal with the problem of Duplicate insurance policies The purpose of this clause is to illustrate the method to determine each insurer's liability in case of a loss. Each insurer pays its fair share determined by the percentage that the carrier's limit bears to the total coverage carried. pro rata liability If a loss occurs that is covered...

New York Personal Lines Final Study Guide with Certified Questions & 100% Verified Correct Answers/LATEST UPDATE 2025//100% Guaranteed Success (GRADED A+)