State farm property - Study guides, Class notes & Summaries

ENG1514 Assignment 2 2024 (UNIQUE NO. 537280) - DUE 5 June 2024 ;100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... PART 1: Knowledge-based Questions 1 ‘Attending/Attention’ is one of the six stages in the listening process. In your own words, list three things you would do during this listening process. 3 Marks 2 Mention three purposes for listening. 3 Marks 3 In four sentences, explain in your own w...

State Farm Property Questions and Answers 2022/2023 COMPLETE SOLUTION ( A+ GRADED 100% VERIFIED) LATEST In property insurance actual cash value is defined as which of the following - ANS Replacement cost at the time of the loss, less depreciation Peril is most easily defined as - ANS the cause of loss insured against What is a leading factor in the determination of actual cash value - ANS replacement cost Replacement cost is defined as - ANS full replacement of property at its curr...

State Farm Property Exam 2024 Questions and Answers (2024/2025) (Verified Answers)

State Farm Property Exam | Questions and Answers Graded A+ Latest 2024/2025 which of the following refers to being restored to the financial condition you were in before a loss? - CORRECT ANSWER indemnification mark incurred 8000$ damage to his car in an accident. he received 8000$ from his insurance company and 4000$ from the other driver. by receiving a profit from the loss, Mark is in violation of.. - CORRECT ANSWER principle of indemnity the transfer of risk from one party to an...

This document contains workings, explanations and solutions to the PVL2602 Assignment 1 (QUALITY ANSWERS) Semester 1 2024. For assistance call or us on 0.6.8..8.1.2..0.9.3.4..... Question 1 In Mark 0.00 out of 1.00 Buhle Baloyi, a 94-year-old retired judge, had been suffering from a prolonged respiratory infection from late 2018. In addition to this, he was diagnosed with rheumatoid arthritis and as a result, he spent most of his days in bed, as he was in severe physical pain. He was looked af...

In property insurance actual cash value is defined as which of the following - ANSWER-Replacement cost at the time of the loss, less depreciation Peril is most easily defined as - ANSWER-the cause of loss insured against What is a leading factor in the determination of actual cash value - ANSWER-replacement cost Replacement cost is defined as - ANSWER-full replacement of property at its current cost, new and without reduction for depreciation Property insurance that provides 100k cov...

State Farm Property xam | Questions and Answers Graded A+ Latest 2024 What are considered parts of the policy structure - CORRECT ANSWER conditions, exclusions, insuring clause A homeowner sells his house to a friend. the friend wants to keep the homeowners current policy in effect. under the assignment provision which of the following is most likely? - CORRECT ANSWER the homeowner will need to get written consent from the insurer before the policy can be reassigned What is consider...

State Farm Property xam | Questions and Answers Graded A+ Latest 2024 What are considered parts of the policy structure - CORRECT ANSWER conditions, exclusions, insuring clause A homeowner sells his house to a friend. the friend wants to keep the homeowners current policy in effect. under the assignment provision which of the following is most likely? - CORRECT ANSWER the homeowner will need to get written consent from the insurer before the policy can be reassigned What is consider...

State Farm Property xam | Questions and Answers Graded A+ Latest 2024/2025 control of property - CORRECT ANSWER protects against negligent acts of noninsureds other insurance - CORRECT ANSWER concerns property that is insured by more than one policy legal action against an insurer - CORRECT ANSWER says when an insured my sue the insurer subrogation - CORRECT ANSWER insurer can sue third parties for damages to the insured liberalization - CORRECT ANSWER when an insurer increases its...