Louisiana Property & Casualty Insurance Course EXAM BUNDLE(COMPLETE PACKAGE)with Complete Solutions!

For which of the following persons is the Drive Other Car endorsement intended A Owners of school buses B The officers and directors of a corporation C Truckers and motor carriers D Individuals who do not own an auto - ANSWER-D Individuals who do not own an auto M has a liability policy insu...

All of the following situations would be covered under a professional liability policy - ANSWER-An accountant's error that inflated a bid and caused a client to lose a major account., Negligence of an architect who designed an unsafe building., Failure of a doctor to render the quality of care that...

What is a hazard? - ANSWER-An increase in the possibility that a loss might occur the purpose of insurance is to? - ANSWER-Transfer risk from a person, business, or organization to an insurance company that agrees to pay for losses in exchange for a premium. mutual company - ANSWER-type of ins...

Roy brought his house 10 years ago for 150,000 but it would cost 200,000 to rebuild it today. Because his house is in a highly desirable area, it's Fair Market Value $275,000. What amount should the agent recommend that Roy insure his house for to provide replacement cost for a total loss? A) 15...

180 days - ANSWER-The maximum term a temporary license may be issued for is 32 - ANSWER-Continuing Education hours for a producer holding both a L&H and a P&C is every odd numbered year - ANSWER-Property & Casualty licenses must be renewed $25,000 - ANSWER-What is the maximum fine that may ...

Authorized insurers may choose not to participate in the plan - ANSWER-All of the following are true regarding the Louisiana Automobile Insurance Plan EXCEPT: short-rate - ANSWER-The named insured may cancel a property insurance policy in this state at any time, in which case the insurer must ref...

Which One Of The Following Is NOT A Possible Defense Against Negligence? A. Statue Of Limitations B. Doctrine Of Reasonable Expectation C. Intervening Cause D. Comparative Negligence - ANSWER-Doctrine Of Reasonable Expectation What Is A Hazard? - ANSWER-An Increase In The Possibility That...

Louisiana Notary Practice (Questions Compiled While Studying) with Complete Solutions!Louisiana Notary Practice (Questions Compiled While Studying) with Complete Solutions!Louisiana Notary Practice (Questions Compiled While Studying) with Complete Solutions!Louisiana Notary Practice (Questions Compi...

Louisiana P&C Insurance Exam with Complete Solutions! Louisiana P&C Insurance Exam with Complete Solutions! Louisiana P&C Insurance Exam with Complete Solutions! Louisiana P&C Insurance Exam with Complete Solutions! Louisiana P&C Insurance Exam with Complete Solutions! ...

Which one of the following statements about insurance contracts is true? - ANSWER-They are personal contracts because they insure people, not property. Insurance policies are considered to be unilateral - ANSWER-because only the insurance company is legally bound to perform its part of the agreem...

The one who receives the authority to act on behalf of someone else? - ANSWER-Agent what does a sale's agent receive authority for? - ANSWER-to sell An insurance agent receives authority to what? - ANSWER-Settle claims brought against the insurer How do agents receive their authority? - AN...

. A business entity acting as a claims adjuster is required to obtain a claims adjuster license. Application shall be made using what application? - ANSWER-Uniform business entity application These required steps below represent what type of adjustor's license application? * *An adjuster...