Washington State Insurance Property & Casualty Exam Questions with Correct Answers WA Property & Casualty Law section Questions with Answers Washington State Property & Casualty Insurance Exam Questions with Answers WA State Property & Casualty State Exam Questions with Correct Answers Property & C...
[Meer zien]
Authorized Insurer Correct Answer An insurer that has qualified and received a Certificate of Authority from the Department of Insurance to transact insurance in the state. Contact adhesion Correct Answer the accepter of the contract must "adhere" to the written contract Inducement Correct A...
Voorbeeld 3 van de 28 pagina's
In winkelwagenAuthorized Insurer Correct Answer An insurer that has qualified and received a Certificate of Authority from the Department of Insurance to transact insurance in the state. Contact adhesion Correct Answer the accepter of the contract must "adhere" to the written contract Inducement Correct A...
Assignment Correct Answer The transfer of a policy to another party. Often done when commercial property is sold to a new owner. Building & Personal Property (BPP) Correct Answer The commercial property policy for larger businesses. Business Income Policy Correct Answer A commercial policy cov...
Voorbeeld 3 van de 19 pagina's
In winkelwagenAssignment Correct Answer The transfer of a policy to another party. Often done when commercial property is sold to a new owner. Building & Personal Property (BPP) Correct Answer The commercial property policy for larger businesses. Business Income Policy Correct Answer A commercial policy cov...
Risk Management Tools (STARR) Correct Answer 1. Share: Buy insurance, share in the loss when you pay the deducible. 2. Transfer: The risk is transferred to an insurance company. 3. Avoidance: Watch for and avoid any potential risk. 4. Retention: You pay for any losses (common for small losses). ...
Voorbeeld 2 van de 6 pagina's
In winkelwagenRisk Management Tools (STARR) Correct Answer 1. Share: Buy insurance, share in the loss when you pay the deducible. 2. Transfer: The risk is transferred to an insurance company. 3. Avoidance: Watch for and avoid any potential risk. 4. Retention: You pay for any losses (common for small losses). ...
Punitive damages are intended to do all of the following EXCEPT 1. Compensate for actual financial losses. 2. Discourage others from doing wrong. 3. Discipline the insured. 4. Make an example of bad behavior. Correct Answer compensate for actual financial losses When an insured select...
Voorbeeld 3 van de 18 pagina's
In winkelwagenPunitive damages are intended to do all of the following EXCEPT 1. Compensate for actual financial losses. 2. Discourage others from doing wrong. 3. Discipline the insured. 4. Make an example of bad behavior. Correct Answer compensate for actual financial losses When an insured select...
If a building under a BPP has been vacant over 60 days, the BPP will cover? Correct Answer Fire, Wind, Explosion, and Volcano are all covered after 60 days of vacancy A CGL provides liability coverage for: Correct Answer A person whose reputation is harmed by the insured's innocent dissemination...
Voorbeeld 2 van de 6 pagina's
In winkelwagenIf a building under a BPP has been vacant over 60 days, the BPP will cover? Correct Answer Fire, Wind, Explosion, and Volcano are all covered after 60 days of vacancy A CGL provides liability coverage for: Correct Answer A person whose reputation is harmed by the insured's innocent dissemination...
Studenten hebben al meer dan 850.000 samenvattingen beoordeeld. Zo weet jij zeker dat je de beste keuze maakt!
Geen gedoe — betaal gewoon eenmalig met iDeal, Bancontact of creditcard en je bent klaar. Geen abonnement nodig.
Studenten maken samenvattingen voor studenten. Dat betekent: actuele inhoud waar jij écht wat aan hebt. Geen overbodige details!
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper ExamsGuru. Stuvia faciliteert de betaling aan de verkoper.
Nee, je koopt alleen deze samenvatting voor $28.99. Je zit daarna nergens aan vast.
4,6 sterren op Google & Trustpilot (+1000 reviews)
Afgelopen 30 dagen zijn er 63950 samenvattingen verkocht
Opgericht in 2010, al 15 jaar dé plek om samenvattingen te kopen
