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Nevada Property and Casualty Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A
Nevada Property and Casualty Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A





- Package deal
- • 3 items •
- Nevada Property & Casualty Exam Questions and Answers 100% Pass • Exam (elaborations)
- Nevada Statutes & Regulations Common to Life and Health Only Questions and Answers 100% Pass • Exam (elaborations)
- Nevada Property and Casualty Exam Questions and Answers 100% Correct • Exam (elaborations)
Nevada Property and Casualty Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A





Property and Casualty Insurance Nevada State Law Supplement Questions and Answers 100% Correct
Property and Casualty Insurance Nevada 
State Law Supplement Questions and 
Answers 100% Correct 
A certificate of authority gives a(n) - Answer- Company authority to transact insurance 
in Nevada 
A characteristic unique to surplus lines insurance is that it - Answer- May be written with 
unauthorized insurers provided there are no authorized insurers selling that type of 
policy in Nevada 
The commissioner must examine authorized insurers at least one every - Answer- 5 
years 
Which of these i...
- Exam (elaborations)
- • 3 pages •
Property and Casualty Insurance Nevada 
State Law Supplement Questions and 
Answers 100% Correct 
A certificate of authority gives a(n) - Answer- Company authority to transact insurance 
in Nevada 
A characteristic unique to surplus lines insurance is that it - Answer- May be written with 
unauthorized insurers provided there are no authorized insurers selling that type of 
policy in Nevada 
The commissioner must examine authorized insurers at least one every - Answer- 5 
years 
Which of these i...
Nevada Property and Casualty Exam Questions and Answers 100% Correct
Nevada Property and Casualty Exam 
Questions and Answers 100% Correct 
A insurance binder is effective for no more than - Answer- 90 Days 
Mr. Underwood gave his agent a down payment for the purchase of a business 
insurance policy. The insurance company issued a policy that promises to pay Mr. 
Underwood under terms and conditions stated in the policy. What specific term is used 
to refer to Mr. Underwood's payment and the insurance company's promise to pay? - 
Answer- Consideration 
Which of...
- Package deal
- Exam (elaborations)
- • 84 pages •
Nevada Property and Casualty Exam 
Questions and Answers 100% Correct 
A insurance binder is effective for no more than - Answer- 90 Days 
Mr. Underwood gave his agent a down payment for the purchase of a business 
insurance policy. The insurance company issued a policy that promises to pay Mr. 
Underwood under terms and conditions stated in the policy. What specific term is used 
to refer to Mr. Underwood's payment and the insurance company's promise to pay? - 
Answer- Consideration 
Which of...
Nevada Statutes & Regulations Common to Life and Health Only Questions and Answers 100% Pass
Nevada Statutes & Regulations Common 
to Life and Health Only Questions and 
Answers 100% Pass 
Which of the following is NOT allowed in credit life insurance? - Answer- Creditor 
requiring that a debtor buys insurance from a certain insurer 
(In credit life insurance, creditor may require that the debtor has a life insurance, but 
they cannot tell you who to buy the insurance from.) 
The initial amount of credit life insurance may NOT exceed... - Answer- The amount to 
be repaid under the contr...
- Package deal
- Exam (elaborations)
- • 4 pages •
Nevada Statutes & Regulations Common 
to Life and Health Only Questions and 
Answers 100% Pass 
Which of the following is NOT allowed in credit life insurance? - Answer- Creditor 
requiring that a debtor buys insurance from a certain insurer 
(In credit life insurance, creditor may require that the debtor has a life insurance, but 
they cannot tell you who to buy the insurance from.) 
The initial amount of credit life insurance may NOT exceed... - Answer- The amount to 
be repaid under the contr...
Nevada Property & Casualty Exam Questions and Answers 100% Pass
Nevada Property & Casualty Exam 
Questions and Answers 100% Pass 
Agreed value - Answer- Property policy with a provision agreed upon by the insurer and 
insured as to the amount of insurance that represents a fair valuation for the property at 
the time the insurance is written. At the time of a loss, the policy pays the agreed value 
as specific on the policy schedule, regardless of the insured property's appreciation or 
depreciaion. 
Absolute liability - Answer- Any conduct that is inherent...
- Package deal
- Exam (elaborations)
- • 5 pages •
Nevada Property & Casualty Exam 
Questions and Answers 100% Pass 
Agreed value - Answer- Property policy with a provision agreed upon by the insurer and 
insured as to the amount of insurance that represents a fair valuation for the property at 
the time the insurance is written. At the time of a loss, the policy pays the agreed value 
as specific on the policy schedule, regardless of the insured property's appreciation or 
depreciaion. 
Absolute liability - Answer- Any conduct that is inherent...
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