Idaho Property & Casualty Exam Package Deal

Idaho Property & Casualty Exam Q&A with Complete solution 1. What type of information would be found in a policy's insuring agreement? Policy limits Insurer's address Renewal dates Location of premises: Renewal Dates 2. Which of the following is true of dwelling policy coverage? Exclu...

Idaho Property and Casualty Insurance Law Supplement Exam Q&A Latest Update Director examination of insurer at least once every ________ years - 5 Maximum fine of ________ for an individual for each insurance code violation, imprisonment for ________ months or both - $1000, 6 Maximum insur...

Idaho Property & Casualty Exam Correctly Solved Which one of the following symbols used in business auto coverage is correctly described? - Symbol 9- nonowned autos only According to the conditions of a workers compensation policy, the insurer has the right to inspect the insurers workplace - ...

IDAHO PROPERTY INSURANCE EXAM Q&A VERIFIED The term flood refers to all of the following EXCEPT A. an overflow of inland tidal waters B. collapse of land as a result of excessive erosion due to flood C. mudslides D. sewer backup - Sewer backup Insurers may be classified according to thei...

Idaho Insurance Questions and Answers Each of the following is listed under the Idaho statute defining "transacting insurance" EXCEPT: - premium trust accounting. The Director of Insurance has the power to regulate Insurance transactions under: - Title 41 of Idaho statutes. It is illegal...

Idaho Insurance Property Exam Questions with Correct Answers The three ratios/components to a book of business are - loss ratio, expense ration, combined ratio what is the purpose of a rate - premium determination Rate is based on - exposures Which of the following would satisfy the NFIP...

Idaho insurance Study Guide Latest FRAUD AND FALSE STATEMENTS (18 USC Sections 1033 and 1034) - Under federal statutes it is a felony for any insurance company officer or employee to engage in fraud, embezzlement, theft, or deceit in any insurance transaction. In addition to a $50,000 civil fine...

Idaho Casualty Exam Questions and Answers (Graded A+) another name for insurance agent is: principal producer broker recorder - producer another name for insurer is: principal producer broker policymaker - principal The Broad Form Products Coverage endorsement in commercial aut...

Idaho Property and Casualty Comprehensive Exam 2024 Any financial interest in life or property such that, if the life or property were lost or harmed, the insured would suffer financially. Express Interest Insurable Interest Implied Interest Real Interest - Insurable Interest What are th...

Idaho Property and Casualty Exam Review Questions Correctly Answered A score If I want Replacement Cost coverage on my $200,000 home, I need to purchase how much insurance? a.$60,000 b.$100,000 c.$160,000 d.$200,000 - 80% of $200,000 is $160,000. The HO only provides Replacement Cost coverage...