State farm proper - Study guides, Class notes & Summaries

1. In property insurance actual cash value is defined as which of the follow- ing: Replacement cost at the time of the loss, less depreciation 2. Peril is most easily defined as: the cause of loss insured against 3. What is a leading factor in the determination of actual cash value: replace- ment cost 4. Replacement cost is defined as: full replacement of property at its current cost, new and without reduction for depreciation 5. Property insurance that provides 100k coverage for a building ...

State Farm Property Questions and Answers (2024) Verified Answers State Farm Property Questions and Answers (2024) Verified Answers State Farm Property Questions and Answers (2024) Verified Answers

state farm property exam (Mamas Test)| Answered 100% Correctly| Updated under an FP-7955 policy, deductibles apply to which of the following types of losses. B. Fire department service charges in the FP-7955 policy, Coverage C consists of three coverages: 1. Additional Living Expense, 2. Fair Rental Value and 3. Property Removed. True or False? B. False Jennifer Marco has a FP-7955 policy with coverage B limit of $75,000, a $500 deductible and no option AI, ID, FA, or JF. Which of the foll...

CUS3701 Assignment 3 (COMPLETE ANSWERS) 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 . CUS3701 ASSESSMENT 03/2024 ASSIGNMENT 03 MODULE: CURRICULUM STUDIES CUS3701 Year module DEPARTMENT: CURRICULUM AND INSTRUCTIONAL STUDIES Downloaded by Thomas Mboya () lOMoARcPSD| CUS3701 ASSESSMENT 03/2024 ASSIGNMENT 03 MARKS: 100 Save all your answers to these questions in one PDF docu...

State Farm Property xam | Questions and Answers Graded A+ Latest 2024/2025 A dealer is required to have on file the licenses of each of their employed salespersons but need not display them in their place of business - CORRECT ANSWER False A dealer must take in the title in their own name before selling a car to a retail customer - CORRECT ANSWER False A salesperson can change dealerships during the licensing year provided that the correct form and fee is submitted to the board such...

ENG1515 Assignment 2 (DETAILED ANSWERS) 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references ...... Section A: Content-Based Questions 1. Read Text A below and answer the questions that follow. TEXT A 5. 10 15 CHANGE THE WORLD 1. The motto of Nelson Mandela Metropolitan University is: “Change the World”, a noble mission inspired by the famous statement, Nelson Mandela that “education is the most powerful wea...

State Farm Property 2024 Exam Verified 100% solutions In property insurance actual cash value is defined as which of the following Replacement cost at the time of the loss, less depreciation Peril is most easily defined as the cause of loss insured against What is a leading factor in the determination of actual cash value replacement cost Replacement cost is defined as full replacement of property at its current cost, new and without reduction for depreciation Property insurance that pr...

State Farm Property Exam Questions with 100% Correct Answers which of the following refers to being restored to the financial condition you were in before a loss? 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.. principle of indemnity the transfer of risk from one party to another is called insurance the principle of ...

State Farm Property Exam Questions with 100% Correct Answers Policy assignment when assignee receives full control over the policy and full rights to its benefits. Absolute Assignment Life insurance rider that allow for early payment of some portion of policy's face amount, should the insured suffer from terminal illness/injury. Accelerated benefits rider Contract must be accepted by the insured exactly as it is written by the insurer. Terms of contract cannot be negotiated. Contra...

State Farm Property Exam Questions with 100% Correct Answers Absolute Assignment Policy assignment when assignee receives full control over the policy and full rights to its benefits. Accelerated benefits rider Life insurance rider that allow for early payment of some portion of policy's face amount, should the insured suffer from terminal illness/injury. adhesion Contract must be accepted by the insured exactly as it is written by the insurer. Terms of contract cannot be negotiat...