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IDAHO PROPERTY AND CASUALTY EXAM PREP 2023/2024 GRADED A+ $18.98   Add to cart

Exam (elaborations)

IDAHO PROPERTY AND CASUALTY EXAM PREP 2023/2024 GRADED A+

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IDAHO PROPERTY AND CASUALTY EXAM PREP 2023/2024 GRADED A+. 1. Which of the following statements is false with respect to requirements for rates? A) Rates may not be inadequate B) A purpose of the rate regulation is to diminish competition between insurers C) Rates may not be unfairly discriminatory...

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  • September 12, 2024
  • 113
  • 2024/2025
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Idaho Property & Casualty Exam Prep
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IDAHO PROPERTY AND CASUALTY EXAM PREP
2023/2024 GRADED A+






,IDAHO PROPERTY AND CASUALTY EXAM PREP 2023/2024
GRADED A+






,IDAHO PROPERTY AND CASUALTY EXAM PREP 2023/2024
GRADED A+




1. Which of the following statements is false with respect to requirements for

rates?

A) Rates may not be inadequate

B) A purpose of the rate regulation is to diminish competition between insur-

ers

C) Rates may not be unfairly discriminatory

D) A purpose of the rate regulation is to regulate cooperative action among

insurers: B

2. The Businessowners Coverage Form to the Businessowners Policy

provides coverage on which of the following basis?


A) Modified Perils

B) Simplified Perils

C) Broad Perils




, IDAHO PROPERTY AND CASUALTY EXAM PREP 2023/2024
GRADED A+

D) Open Perils: D

3. Which of the following describes the coverage of the Extra Expense

Coverage Form?

A

It covers the loss of business income during the period of restoration

B

It covers the expense of disposing of spoiled merchandise caused by a power

outage

C

It covers the necessary additional expenses incurred during the period of

restoration which would not otherwise have been incurred in the absence of

a direct loss

D

It covers the expense of removing the debris of a covered direct loss: C

4. All of the following are true of negligence, except:

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