Smartmindus

Physical damage coverage under a garage policy is a blanket limit for covered auto, an accurate statement? - Yes; The dealer's physical damage limit would be done on a blanket limit basis. This would apply to comprehensive and collision losses to the auto inventory of the dealer. This is done because it is simply not practical to schedule each dealer owned vehicle for physical damage. This is generally accomplished by the use of a monthly reporting form. An insured owns a motorcycle, a mop...

ISO (Insurance Services Office) - ISO creates standardized property and casualty insurance policies that are approved by states and used as a standard policy for insurers. -they can be modified to comply with state regulations -may be modified to a degree for insurance companies to create their own policy form define insurance - Insurance transfers the risk of loss from an individual or business entity to an insurance company, which in turn spreads the costs of unexpected losses to many in...

Bailee - An individual or organization who has taken into its care, custody, and/or control the property of another for servicing, repair, or storage Hazard - Something that increases the chance or likelihood of a loss occuring. (physical or moral or morale) Market Value - A property policy provision that changes the valuation method otherwise applicable (ACV or RV) to a valuation method that allows reimbursement to the insured, according to the price a willing buyer would pay for the prop...

Active Ingredient (a.i.) - A chemical in a pesticide product that affects or controls the target pest Acute Effects - Illnesses or injuries that appear soon (within 24 hours) after exposure to a pesticide or combination of pesticides Allergic Effects - Harmful effects, such as a skin rash or asthma, that some people develop when exposed to a substance that does not cause the same reaction in others Brand Name - The trademarked name given to a pesticide product by the manufacturer. It ofte...

Active Ingredient (a.i.) - A chemical in a pesticide product that affects or controls the target pest. Application Rate - The amount of pesticide applied to a given area. Band Application - Application of a pesticide to a long, narrow strip (ex. over or between crop rows). Broadcast Application - Uniform application of a pesticide to a wide or large area. Calibrate - To measure the delivery rate and distribution of application equipment; to adjust application equipment so the desired amou...

DD 2766 - ADULT PREVENTIVEAND CHRONIC CARE FLOW SHEET NAVMED 6230/4 - ADULT IMMUNIZATIONS RECORD (REPLACED SF 601) NAVMED 6000/2 - CHRONOLOGICAL RECORD OF HIV TESTING DD 771 - EYE WEAR PRESCRIPTION NAVMED 6470/10 - RECORD OF OCCUPATIONAL EXPOSURE TO IONIZING RADIATION NAVMED 6470/11 - RECORD OF EXPOSURE TO IONIZING RADIATION FROM INTERNALLY DEPOSITED RADIONUCLIDES DD FORM 2215 - REFERENCE AUDIOGRAM DD FORM 2216 - HEARIN

A "certification of license status" report can be run on any currently licensed New Jersey producer, but can only contain information on formal disciplinary actions taken within the past - 4 Years What is not an additional cause of loss in broad form commercial property policies - Replacement Cost An installation floater is used to insure - Appliances intended to become a permanent part of the building. The list of lines of insurance for which there is no reasonable or adequate market i...

the one basic characteristic of any type of insurance is that the insured is returned to the same status that existed prior to the loss, but without a chance for gain or profit - true which of the following coverages does an open peril policy provide? - perils other than those specifically named as being excluded determine the actual cash value in the following situation: original price of office equiptment when purchased 8 years ago- 9,000. depreciated amount at time of fire-5,000 current ...

Dwelling Policy - Only insures property DP-1 - Basic Form DP-2 - Broad Form DP-3 - Special Form Dwelling Coverage A - Dwelling- Covers dwelling, structures attached to dwelling, and materials/supplies for the dwelling. Dwelling Coverage B - Other Structures- Insures buildings on premise but separate from the dwelling. Dwelling Coverage C - Personal Property- Covers the insured's personal property and must be requested. If rental property, a tenant's property is not covered. Dwelling ...

Insurance - The TRANSFER of financial responsibility associated with a potential of a loss (risk) to an insurance company, which in turn spreads the costs of unexpected losses to many individuals. Insurance - Contract in which one party agrees to indemnify the other party against loss, damage, or liability arising from an unknown event. Indemnify - Compensate (someone) for harm or loss: "insurance carried to indemnify the owner for loss". Insurable Interest - The insured must have an in...