Endorsements - Study guides, Class notes & Summaries

CIC Property Section 1 Commercial Property Coverage Forms & Endorsements Exam Questions and Answers

CIC Commercial Property I Coverage Forms and Endorsements Exam

School Bus Endorsements Practice Questions with correct answers

Texas All Lines Adjuster Exam Questions And Answers Graded A+ All of the following are criteria for an accident to have occurred "in the course of" the employment under a workers' compensation policy, EXCEPT: Correct Answer: While performing a task that a fellow worker requested, that was unusual to the employee's job description, but occurred on the employer's premises during working hours. Which of the following statements is NOT TRUE regarding the implied warranties of an Ocean Ma...

Adjuster Pro - Insurance adjuster test latest 2023 already passed What is insurance? protection against financial loss what is a premium a scheduled amount to be paid for an insurance policy. What are premiums used for premiums are collected into a "pool" or "reserve to pay out claimants when needed. how can insurance companies afford to pay for an individuals catastrophic loss? the insurer collects premiums from all policy holders and uses them to pay out the claims of a few. what is Ind...

Texas all lines adjuster exam 378 Questions with 100% Correct Answers LATEST UPDATES 2023 All of the following are criteria for an accident to have occurred "in the course of" the employment under a workers' compensation policy, EXCEPT: - correct answers-While performing a task that a fellow worker requested, that was unusual to the employee's job description, but occurred on the employer's premises during working hours. Which of the following statements is NOT TRUE regarding the implie...

As a result, typical issues faced by insurance professionals include: -Answer- 1. Clients often agree to indemnify/hold harmless other parties • A common method for indemnifying an indemnitee is to purchase a Commercial General Liability Policy • See discussion in the Commercial General Liability Section of this Institute regarding contractual liability coverage for certain types of insured contracts, as defined 2. Clients may agree to provide a waiver of subrogation to other parti...

List and explain the specific rights and duties of the first Named Insured as stated in the Common Policy Conditions. CORRECT ANSWER-1. Authorized To Cancel 2. Receive Notice Of Cancellation 3. Make Changes With Insurer Consent 4. Responsible For Payment Of All Premiums 5. Payee For Return Premiums List the circumstances under which an insured may waive rights of recovery against others as stated in the Commercial Property Conditions. CORRECT ANSWER-1. Can waive rights of recovery against...

Property and Casualty EndorsementsAutomatic Increase in Insurance (Dwelling) - correct answer Provide annual increase in Coverage A & B in 4%, 6%, or 8% Dwelling Under Construction Endorsement (Dwelling) - correct answer Used when dwelling under construction - policy limit based on value of partially completed home, increases as home progresses Mobile Home (Dwelling) - correct answer Allows mobile home to be insured, must be on permanent foundation Broad Theft Coverage (Dwelling) - corr...

In addition for checking for us for electrical fuse three red reflective triangle and properly charge a rate fire extinguisher sure school bus drivers must also inspect the following emergency equipment Answer Three red burning flares and nine items first aid kit A school bus driver must also check the alternately flashing amber light indicator if equipped the alternately flashing red lights indicator and the strobe light indicator if equipped Answer True School bus drivers must also check...