Louisiana property Study guides, Class notes & Summaries

2024 Louisiana Property and Casualty Insurance Exam New Latest Version with All Questions from Actual Exam and 100% Correct Answers

Louisiana Property and Casualty Exam Questions and Answers Already Passed Should 2 or more insurers issue a combined Standard Fire Policy insuring a single risk, in the event of a loss, the insured must notify Any of the insurers providing coverage. The policy conditions define How parties to the contract must act following a loss. Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT ...

LOUISIANA PROPERTY AND CASUALTY INSURANCE EXAM 2024 | ACCURATE 2 CURRENTLY TESTING REAL EXAM WITH STUDY GUIDE | ACTUAL WITH EXPERT VERIFIED QUESTIONS AND ANSWERS WITH RATIONALES | GUARANTEED PASS

Louisiana Property & Casualty Exam - PSI & ExamFX Questions and Answers 100% CorrectLouisiana Property & Casualty Exam - PSI & ExamFX Questions and Answers 100% CorrectLouisiana Property & Casualty Exam - PSI & ExamFX Questions and Answers 100% Correct If a producer allows his license to lapse, within what time period may the producer reinstate the same license? - ANSWER-b) 2 years Producers who allow their license to lapse may reinstate them same license within 2 years, upon proof of fulfil...

Driver A has a personal auto policy with Part C: UM/UIM limits of 100/300. He is injured by Driver B who has Part A: Bodily Injury Liability limits of 50/100. It is determined that Driver B is at fault for the accident. Driver A has $125,000 in medical expenses. How much will his Part C: UM/UIM coverage pay? a) $125,000 b) $75,000 c) $50,000 d) $25,000 CORRECT ANSWER c) $50,000 Underinsured motorist coverage acts as excess over the at-fault motorist's coverage. It will pay the d...

Which One Of The Following Is NOT A Possible Defense Against Negligence? A. Statue Of Limitations B. Doctrine Of Reasonable Expectation C. Intervening Cause D. Comparative Negligence - ANSWERSDoctrine Of Reasonable Expectation What Is A Hazard? - ANSWERSAn Increase In The Possibility That A Loss Might Occur. The Purpose Of Insurance Is To____________ - ANSWERSTransfer Risk From A Person, Business Or Organization To An Insurance Company. The Type Of Insurance Company In Which The...

Driver A has a personal auto policy with Part C: UM/UIM limits of 100/300. He is injured by Driver B who has Part A: Bodily Injury Liability limits of 50/100. It is determined that Driver B is at fault for the accident. Driver A has $125,000 in medical expenses. How much will his Part C: UM/UIM coverage pay? a) $125,000 b) $75,000 c) $50,000 d) $25,000 - ANSWERSc) $50,000 Underinsured motorist coverage acts as excess over the at-fault motorist's coverage. It will pay the differe...

If a producer allows his license to lapse, within what time period may the producer reinstate the same license? - correct answer b) 2 years Producers who allow their license to lapse may reinstate them same license within 2 years, upon proof of fulfilling all continuing education requirements through the date of reinstatement, & by paying all overdue fees. Which of the following would be eligible for Homeowners Coverage F - Medical Payments in the event of injury at the insured's premise...

If a producer allows his license to lapse, within what time period may the producer reinstate the same license? correct answers b) 2 years Producers who allow their license to lapse may reinstate them same license within 2 years, upon proof of fulfilling all continuing education requirements through the date of reinstatement, & by paying all overdue fees. Which of the following would be eligible for Homeowners Coverage F - Medical Payments in the event of injury at the insured's premises?...