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

P+C practice test questions and answers 100% score Which type of protection can a casualty licensee offer in addition to protecting against loss or damage of property? - Correct Answer ️️ -They can provide coverage to protect against legal liability. The Managing General Agent negotiates and...

Exam Fx-Property and Casualty Exam Questions and Answers 100% Pass To be considered an insurable risk, a loss may NOT be - Correct Answer ️️ - catastrophic Which of the following persons would be required to hold a producer license? - Correct Answer ️️ -a nonresident agent who negotiate...

California Commercial Insurance Exam Questions and Answers 100% Pass What is a Modular Policy? - Correct Answer ️️ -A modular policy is a policy consisting of several different documents, none of which by itself forms a complete contract. What is a Commercial Package Policy (CPP)? - Correct ...

Property and Casualty Exam Questions and Answers 100% Pass the one basic characteristic of any type of insurance is that the insured is returned to the same status that existed prior to the loss, but without a chance for gain or profit - Correct Answer ️️ -true which of the following covera...

Exam Fx property and casualty Questions and Answers 100% Pass 1. In dwelling policies, automatic increase in insurance is (Choose from the following options) 1. Coverage for newly acquired property. 2. Coverage by endorsement. 3. Automatic coverage. 4. Coverage without additional premium. - C...

Property and Casualty Vocabulary Questions and Answers 100% Pass Abandonment - Correct Answer ️️ -The abdication of insured property into the hands of another, or into the possession of no one in particular. Absolute Liability - Correct Answer ️️ -some things are inherently so dangerous ...

Property & Casualty License Exam (Review) Questions and Answers 100% Correct A "personal lines" agent or broker is allowed to transact what type of insurance coverage? - Correct Answer ️️ -Noncommercial automobile and residential property. All of the following are PRINCIPLE rating factors ...

Property and Casualty Insurance Test Question Notes with 100% Correct Answers What is a peril? - Correct Answer ️️ -A Peril is a cause of loss What is a hazard? - Correct Answer ️️ -Something that increases the chance of a loss What is the difference between a Moral hazard and a Morale H...

PSI Exam Property and Casualty Questions and Answers 100% pass All of the following are authorized activities for the limited lines automobile insurance agents EXCEPT if the agent - Correct Answer ️️ -Charges and collects a brokers fee for service Which of the following descries a contract ...