Pearson Vue Insurance Verified Bundle Solution Graded A+

Property and Casualty Insurance Test Question Notes Already Graded A+ 1. What is a peril? A peril is a cause of loss or harm. 2. What is a hazard? A hazard is something that increases the likelihood of a loss or harm. 3. What is the distinction between moral hazard and morale hazard? Moral haz...

Pearson VUE: Property Insurance Practice Exam Verified Answers 1. To avoid a coinsurance penalty, S should purchase a policy with a minimum limit of at least how much to cover a commercial building with a replacement cost of $100,000? Answer: C. $80,000 2. What is the maximum amount a policy...

Pearson VUE Casualty Insurance Practice Exam Graded A+ 1. To cancel a Personal Auto Policy, an insured must typically take which action? Answer: C. Giving written notice to the insurance company 2. In insurance, what term refers to continuous or repeated exposure to conditions that may result ...

Pearson Vue Insurance Practice Exam Verified Answers 1. Which of the following factors will NOT influence a retiring individual's monthly income benefit from Social Security retirement benefits? Answer: Sex 2. What must exist at the time a producer writes an application on a proposed insure...

Property Insurance Exam Practice Test All Answers Correct 1. What is defined as the chance that a person or business entity will suffer a financial loss? A. Gambling B. Loss exposure C. Risk D. Speculative risk Correct answer: C. Risk 2. What is defined as actual physical destruction o...

PROPERTY & CASUALTY QUESTIONS GA EXAM 1. Which circumstance would require the use of an arbitration clause in a personal auto policy? A. The insured and a pedestrian cannot agree on the settlement of a claim. B. The insured and an injured third party cannot agree on the settlement of a claim. ...

Pearson Vue State Health Insurance Practice Exam Verified Answers 1. What is the exception to passing the licensing examination for a temporary insurance producer's license? A. Being a deceased licensed producer's next of kin B. Taking insurance courses at a university C. Meeting the min...

PEARSON VUE PRACTICE EXAM GUARANTEE SUCCESS 1. When stating a seller's price and terms to a prospective buyer, a seller's broker is required by law to state only those terms that are: A. Based on the broker's evaluation of prevailing prices and terms B. Favorable for the seller, as determ...

Property and casualty insurance Exam Questions and Answers Part one 1. What authorities can an agent hold? A. Express and implied B. Implied only C. Express only D. None **Correct answer:** A. Express and implied 2. What term refers to disabilities such as the loss of a limb, hearing, ...

Pearson Vue National Health Insurance Practice Test Complete Solutions 1. How many days after receiving notice of an Accident & Health claim must an insurer provide claim forms to an insured? A. Five B. Fifteen C. Twenty D. Thirty Correct answer: D. Thirty 2. What factor cannot be us...

Property Insurance Test PearsonVue (LAW) Complete Guide 1. What is the definition of a domestic insurer in this state? A. A company that operates in this state but is incorporated in another state B. A company that operates in this state but is domiciled in another state C. A company headqua...

Casualty PearsonVUE Practice Tests Verified Answers A private passenger auto policy can be canceled more than 60 days after the effective date for what reason? A. Cancellation by the insured B. Suspension of the insured's driver's license C. Nonpayment of premium D. Expiration of the p...