Washington state property - Study guides, Class notes & Summaries

WASHINGTON STATE PROPERTY AND CASUALTY INSURANCE EXAM ACTUAL EXAM AND PRACTICE EXAM LATEST COMPLETE 350 QUESTIONS AND CORRECT ANSWERS ALREADY GRADED A+

Washington State Property & Casualty Insurance Exam - Program used ExamFX Questions And Answers Graded A+ | Complete Solutions

uthorized Insurer - ANSWER An insurer that has qualified and received a Certificate of Authority from the Department of Insurance to transact insurance in the state. Contact adhesion - ANSWER the accepter of the contract must "adhere" to the written contract inducement - ANSWER An action aimed at persuading insolvent - ANSWER Bankrupt; unable to pay debts. Transacting Insurance - ANSWER Conducting insurance business, such as soliciting or negotiating to buy or sell an insurance pol...

Washington State Insurance Property & Casualty Exam Final COMPLETE SOLUTION Questions with 100% Correct Answers If a building under a BPP has been vacant over 60 days, the BPP will cover? - CORRECT ANSWER Fire, Wind, Explosion, and Volcano are all covered after 60 days of vacancy A CGL provides liability coverage for: - CORRECT ANSWER A person whose reputation is harmed by the insured's innocent dissemination of information. Law of Large Numbers - CORRECT ANSWER A principle stating ...

Washington State Insurance Property & Casualty Exam Final COMPLETE SOLUTION Questions with 100% Correct Answers If a building under a BPP has been vacant over 60 days, the BPP will cover? - CORRECT ANSWER Fire, Wind, Explosion, and Volcano are all covered after 60 days of vacancy A CGL provides liability coverage for: - CORRECT ANSWER A person whose reputation is harmed by the insured's innocent dissemination of information. Law of Large Numbers - CORRECT ANSWER A principle stating ...

Authorized Insurer Correct Answer An insurer that has qualified and received a Certificate of Authority from the Department of Insurance to transact insurance in the state. Contact adhesion Correct Answer the accepter of the contract must "adhere" to the written contract Inducement Correct Answer An action aimed at persuading Insolvent Correct Answer Bankrupt; unable to pay debts. Transacting Insurance Correct Answer Conducting insurance business, such as soliciting or negotiating ...

Apparent Authority - The appearance or the assumption of authority based on the actions, words, or deeds of the principal or because of circumstances the principal created. According to the state regulations pertaining to claim settlements, after receiving a notification of claim from an individual policyholder, the insured must acknowledge the notice within how many days? - 10 working days (business days) . (DRPL) Designated Responsible Licensed Person - Responsible for insurers complianc...

WASHINGTON STATE PROPERTY & CASUALTY INSURANCE 3 VERSIONS NEWEST EXAM2024 UPDATE 320QUESTIONS WITH 100% CORRECT ANSWERS GRADED A

Washington State Property & Casualty Insurance Exam - Program used: ExamFX Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

WASHINGTON STATE PROPERTY AND CASUALITY INSURANCE EXAM COMPLETE ACTUAL EXAM REAL QUESTIONS WITH WELL ELABORATED ANSWERS (VERIFIED SOLUTIONS) LATEST UPDATED VERSION |ALREADY GRADED A+