Commercial inland marine - Study guides, Class notes & Summaries
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Claims Adjuster 6-20 Study Guide Exam Questions and Answers
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Claims Adjuster 6-20 Study Guide Exam Questions and Answers 
 
When a business s personal property values fluctuate, a single, fixed amount of insurance could produce either over- or under-insurance at any given time. With this option, the limit of coverage is set at an amount somewhat higher than expected peak values. 
 
A. Value Reporting 
B. Replacement Cost 
C. Agreed Value 
D. None of the Above - Answer-A. Value Reporting 
 
Liberalization states, "The insured gets the benefit of any broad...
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Florida All Lines Claims Adjuster Test; All Correct and Graded A (Latest 2023 / 2024)
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Florida All Lines Claims Adjuster Test 
 
mechanical breakdown insurance, type of disability policies, FAJUA, cost of mediation, transacting" insurance, Commercial Policy, FWCJUA, HMO, PPO, flood insurance, Builders Risk Coverage, Coverage A, worker's compensation disability, umbrella policy, types of Health Insurance, Ocean Marine coverage, Inland Marine Coverage
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Property & Casualty (Arkansas) with answers graded A+
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Property & Casualty (Arkansas) 
Abandonment Condition - correct answer States that the insured cannot abandon damaged property to the insurer and demand to be reimbursed for its full value. 
 
Absolute Liability - correct answer Imposed by law on those participating in certain activities that are considered especially hazardous; a person involved in such matters may be considered liable even if they weren't negligent. 
 
Accident - correct answer A loss that occurs at a specific time and place ...
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GEORGIA- PROPERTY & CASUALTY QUESTIONS AND ANSWERS
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All of the following are true regarding aviation insurance EXCEPT: - Answer-It can be added to the CPP 
 
A customer has 5 identical vases that are insured on an inland marine floater for $30,000 and 1 of the vases is stolen. The remaining 4 vases are appraised at $20,000, how much will the insurer pay? - Answer-$10,000 
 
Which of the following is not an unfair claims settlement practice? - Answer-Requiring proof of loss to be submitted 
 
Theft, disappearance and destruction covers which of th...
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AINS 103 (Latest 2023/ 2024 Update) Exploring Commercial Insurance Exam Practice Questions and Verified Answers| 100% Correct| Grade A
- Exam (elaborations) • 184 pages • 2023
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AINS 103 (Latest 2023/ 2024 Update) Exploring Commercial Insurance Exam Practice Questions and Verified Answers| 100% Correct| Grade A 
 
Q: Joe Motors, which services automobiles, wants to maintain the goodwill of its customers. This is best accomplished by 
Select one: 
A. Purchasing garage liability insurance. 
B. Purchasing garage keepers insurance. 
C. Lowering the physical damage deductible under its business auto insurance. 
D. Raising liability limits under its business auto insurance. 
...
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AINS 101 || with 100% Errorless Answers.
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C. Insurance helps reduce the financial burden to society by compensating accident victims. correct answers Which one of the following statements is correct regarding the benefits provided by insurance? 
 
A. Insurance reduces the financial consequences of loss exposures but not the related uncertainty. 
B. The reduction in losses paid by insurers due to risk control measures benefits individual insureds but not society as a whole. 
C. Insurance helps reduce the financial burden to society by co...
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CIC Commercial Multi-Line Exam Questions and Answers
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CIC Commercial Multi-Line Exam Questions and Answers 
Describe how inland marine insurance started - Answer ️️ -evolved from ocean 
marine 
-filled gap in coverage as good transitioned from ocean marine 
-cover goods in transit over land 
Does inland marine also apply to instruments of transportation and 
communication? - Answer ️️ Yes, ex. Bridges, tunnels, piers, cell towers, 
pipelines. 
What is the basic exclusion applicable to inland marine? - Answer ️️ Property in 
a fixed loca...
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AL Practice Exam – Adjusting Exam Card QUESTIONS AND CORRECT DETAILED ANSWERS ( VERIFIED ANSWERS) |ALREADY GRADED A+ 2023
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AL Practice Exam – Adjusting Exam Card 
QUESTIONS AND CORRECT DETAILED 
ANSWERS ( VERIFIED ANSWERS) 
|ALREADY GRADED A+ 2023 
If an Alabama insurer wants to cancel a HO policy because the policyholder isn't paying 
premiums, it needs to give the policyholder ____ days advance notice. - CORRECT 
ANSWER A. 10 
B. 
Which of the following statements regarding health insurance is TRUE? - CORRECT 
ANSWER D. To be covered, members of an HMO must receive treatment for their 
medical conditions ...
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CIC Commercial Property - Inland Marine Coverage Exam Questions and Answers
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CIC Commercial Property - Inland Marine Coverage 
Exam Questions and Answers 
What is Commercial Inland Marine? - Answer ️️ Imports, Exports, Domestic 
Shipments, Instrumentalities for Transportation, Personal Property Floater and 
Commercial Floater 
Two types of property that can be included on the inland marine? - Answer ️️ 
Tangible and Intangible Property 
Types of Inland Marine Policies? - Answer ️️ Builders Risk, Installation Floater, 
Contractors Equipment, and Transportation...
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C11 Principles and Practice of Insurance Latest Update Graded A+
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C11 Principles and Practice of Insurance 
 
Latest Update Graded A+ 
 
Areas of regulation for Intermediaries Q-ualifaction (must pass test) 
O-peration of business (must follow requirements) 
L- Icences - Must have license 
L- icence Renewal - Renewed annual 
 
The Categories of insurance: 1) Social 
-Workers Compensation 
2) Life and Health 
Life, accident and sickness, and disability. 
3) General property/casualty insurance 
Personal Property 
Boiler and Machinery 
Automobile 
Commercial prop...
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