Georgia Property & Casualty Pre-Licensing Course fully solved 2024/2025

Georgia Property & Casualty Pre-Licensing Course The Casualty Basket - correct answer all of the policies that aren't covered by Life and Health Insurance or Property Insurance Main Policy Type in the Casualty Basket - correct answer policy type... - liability insurance Liability Insurance - correct answer insurance that protects against negligence lawsuits; this insurance hires the defense lawyers and pays the jury award to protect us if we are sued for negligently harming a third party Interchangeably - correct answer in the insurance industry, casualty and liability are sometimes used ______________ Policies with a Mixture of Both Property and Casualty - correct answer policies... - homeowner's policies (tested on Property exam) - auto insurance (tested on Casualty exam) The Key Players - correct answer in an insurance transaction they are... - the insurer - the insured - the agent (producer) - the broker Insurer - correct answer the insurance company Insured - correct answer the policyholder