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Pearson VUE: Property Insurance Practice Exam, Study questions insurance, Casualty FL Questions and Answers 100% Correct
Pearson VUE: Property Insurance Practice Exam, Study questions insurance, Casualty FL Questions and Answers 100% Correct S is purchasing a Commercial Property policy to cover a commercial building with a replacement cost of $100,000. The policy includes an 80 percent Coinsurance clause. To avoid a coinsurance penalty in the event of a partial loss, S should purchase a policy with minimum limits of AT LEAST which of the following amounts? A. $100,000 B. $90,000 C. $80,000 D. $20,000 - C...
- Exam (elaborations)
- • 67 pages •
Pearson VUE: Property Insurance Practice Exam, Study questions insurance, Casualty FL Questions and Answers 100% Correct S is purchasing a Commercial Property policy to cover a commercial building with a replacement cost of $100,000. The policy includes an 80 percent Coinsurance clause. To avoid a coinsurance penalty in the event of a partial loss, S should purchase a policy with minimum limits of AT LEAST which of the following amounts? A. $100,000 B. $90,000 C. $80,000 D. $20,000 - C...
Pearson Vue Life Insurance Practice Exam Questions and Answers 100% Pass
Pearson Vue Life Insurance Practice Exam Questions and Answers 100% Pass P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: A.irrevocable beneficiary B.revocable beneficiary C.secondary beneficiary - Correct Answer ️️ -B A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called an: A.indemnity contr...
- Exam (elaborations)
- • 22 pages •
Pearson Vue Life Insurance Practice Exam Questions and Answers 100% Pass P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: A.irrevocable beneficiary B.revocable beneficiary C.secondary beneficiary - Correct Answer ️️ -B A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called an: A.indemnity contr...
Pearson Vue National Health Insurance Practice Test 100% Correct Score
Pearson Vue National Health Insurance Practice Test 100% Correct Score An insurer must provide claim forms to an insured within a MAXIMUM of how many days after receiving notice of an Accident & Health claim? A. Five B. Fifteen C. Twenty D. Thirty - Correct Answer ️️ -b Under a group health plan, an employer may offer additional benefits to classes of employees on the basis of all of the following factors EXCEPT: A. length of employment B. gender C. salary grade D. job category ...
- Exam (elaborations)
- • 24 pages •
Pearson Vue National Health Insurance Practice Test 100% Correct Score An insurer must provide claim forms to an insured within a MAXIMUM of how many days after receiving notice of an Accident & Health claim? A. Five B. Fifteen C. Twenty D. Thirty - Correct Answer ️️ -b Under a group health plan, an employer may offer additional benefits to classes of employees on the basis of all of the following factors EXCEPT: A. length of employment B. gender C. salary grade D. job category ...
Property Insurance Test PearsonVue (LAW) Exam Practice Questions and Answers 100% Pass
Property Insurance Test PearsonVue (LAW) Exam Practice Questions and Answers 100% Pass In this state, a domestic insurer is defined as a company that: A. Operates in this state but is incorporated in another state B. operates in this state but is domiciled in another state C. is headquartered in this state D. is incorporated in this state - Correct Answer ️️ -D. is incorporated in this state The Insurance Commissioner may issue a limited insurance representative license to an indivi...
- Exam (elaborations)
- • 23 pages •
Property Insurance Test PearsonVue (LAW) Exam Practice Questions and Answers 100% Pass In this state, a domestic insurer is defined as a company that: A. Operates in this state but is incorporated in another state B. operates in this state but is domiciled in another state C. is headquartered in this state D. is incorporated in this state - Correct Answer ️️ -D. is incorporated in this state The Insurance Commissioner may issue a limited insurance representative license to an indivi...
Pearson Vue Comprehensive Exam Part 1 Questions and Answers 100% Pass
Pearson Vue Comprehensive Exam Part 1 Questions and Answers 100% Pass Admitted life insurance must pay interest, at a rate specified by life, on death benefits from the date of the insured's death, through how many days following the date the insurer receives the claim? a. 15 days b. 20 days c. 30 days d. 31 days - Correct Answer ️️ -c. 30 days The policy loan amount cannot exceed the __________________. a. The cumulative premiums paid b. The loan balance c. Available cash surre...
- Exam (elaborations)
- • 9 pages •
Pearson Vue Comprehensive Exam Part 1 Questions and Answers 100% Pass Admitted life insurance must pay interest, at a rate specified by life, on death benefits from the date of the insured's death, through how many days following the date the insurer receives the claim? a. 15 days b. 20 days c. 30 days d. 31 days - Correct Answer ️️ -c. 30 days The policy loan amount cannot exceed the __________________. a. The cumulative premiums paid b. The loan balance c. Available cash surre...
Property and casualty insurance Exam Questions and Answers Part one | Verified and Updated
Property and casualty insurance Exam Questions and Answers Part one | Verified and Updated Which of the following are the authorities that an agent can hold? - Correct Answer ️️ - Express and implied Which of the following terms refers to such disabilities the loss of a limb, hearing , or eye sight? - Correct Answer ️️ -Permanent partial disability Who is NOT considered an employee in an commercial general liability (CGL) policy? - Correct Answer ️️ -Temporary worker The maj...
- Exam (elaborations)
- • 32 pages •
Property and casualty insurance Exam Questions and Answers Part one | Verified and Updated Which of the following are the authorities that an agent can hold? - Correct Answer ️️ - Express and implied Which of the following terms refers to such disabilities the loss of a limb, hearing , or eye sight? - Correct Answer ️️ -Permanent partial disability Who is NOT considered an employee in an commercial general liability (CGL) policy? - Correct Answer ️️ -Temporary worker The maj...
NC Health Insurance Exam Pearson Vue Questions and Answers 100% pass
- Exam (elaborations)
- • 18 pages •
Pearson VUE: Casualty Insurance Practice Exam Questions and Answers 100% Pass
Pearson VUE: Casualty Insurance Practice Exam Questions and Answers 100% Pass An insured may cancel a Personal Auto Policy by taking which of the following actions? A. Paying the insurance company any past due premiums B. Waiting until the policy expiration date C. Giving written notice to the insurance company D. Informing the producer by telephone - Correct Answer ️️ -C In insurance, which of the following terms refers to continuous or repeated exposure to conditions that may resul...
- Exam (elaborations)
- • 23 pages •
Pearson VUE: Casualty Insurance Practice Exam Questions and Answers 100% Pass An insured may cancel a Personal Auto Policy by taking which of the following actions? A. Paying the insurance company any past due premiums B. Waiting until the policy expiration date C. Giving written notice to the insurance company D. Informing the producer by telephone - Correct Answer ️️ -C In insurance, which of the following terms refers to continuous or repeated exposure to conditions that may resul...
Casualty PearsonVUE Practice Test 100% Correct Solved
Casualty PearsonVUE Practice Test 100% Correct Solved A private passenger auto policy may be canceled more than sixty days after the effective date for what reason? (i.e. drivers license status) - Correct Answer ️️ -Suspension of the insured's driver's license An insurance company may deny an employee's claim for Workers Compensation benefits if the employee was: - Correct Answer ️️ -drunk and caused the injury Under the automobile insurance plan (AIP), all of the following co...
- Exam (elaborations)
- • 8 pages •
Casualty PearsonVUE Practice Test 100% Correct Solved A private passenger auto policy may be canceled more than sixty days after the effective date for what reason? (i.e. drivers license status) - Correct Answer ️️ -Suspension of the insured's driver's license An insurance company may deny an employee's claim for Workers Compensation benefits if the employee was: - Correct Answer ️️ -drunk and caused the injury Under the automobile insurance plan (AIP), all of the following co...
Property Insurance Exam Practice Test 100% Correct Score
Property Insurance Exam Practice Test 100% Correct Score "The chance that a person or business entity will suffer a financial loss" defines: A.gambling B.loss exposure C.risk D.speculative risk - Correct Answer ️️ -C "Actual physical destruction of insured property" defines A.direct loss B.indirect loss C.peril D.vandalism - Correct Answer ️️ -A Loose tiles hanging from the ceiling are an example of a ______ hazard. A.mental B.moral C.morale D.physical - Correct Answer...
- Exam (elaborations)
- • 4 pages •
Property Insurance Exam Practice Test 100% Correct Score "The chance that a person or business entity will suffer a financial loss" defines: A.gambling B.loss exposure C.risk D.speculative risk - Correct Answer ️️ -C "Actual physical destruction of insured property" defines A.direct loss B.indirect loss C.peril D.vandalism - Correct Answer ️️ -A Loose tiles hanging from the ceiling are an example of a ______ hazard. A.mental B.moral C.morale D.physical - Correct Answer...
NH Real Estate Exam Questions and Answers 100% Correct Score
Bio 210 Trident Tech Final Exam Questions and Answers 100% Pass
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API 653 - (9.10) Repair of Tank Bottoms Questions and Answers 100% Pass
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