Alabama Property and Casualty Bundled Exams Questions and Answers - All Rated A

Property and Casualty Insurance Mastery Exam A Latest Update 100% Pass An insured rents a car while on vacation in Canada and causes an accident. Is there coverage under his personal auto policy? The loss is covered under an unendorsed personal auto policy. Under the workers' compensati...

AL P&C University of Alabama Study Guide Questions and Answers Rated A+ If a company cancels an auto policy mid-term, the refund will be made on a : A. pro rata basis B. short rate basis C. retroactive basis D. coinsurance basis A. Pro Rata Basis What is the term used to describe term...

Alabama Insurance: Property and Casualty Test Questions and Answers Graded A+ An incorporated insurance company which is run by a board of directors is known as a capital-stock company Which of the following statements is true regarding a binder? a. a binder guarantees that a policy will...

Alabama Property and Casualty Sample Quiz 1-100 Already Passed What is a hazard? an increase in the possibility that a loss might occur transfer risk from a person or business to an insurance company that agrees to to pay for losses in exchange for a premium. insurance The type of insur...

Alabama Property and Casualty Exam Questions and Answers Graded A+ If a company cancels an auto policy mid term, the refund will be made on a. pro rata basis b. short rate basis c. retroactive basis d. coinsurance basis Pro Rata Basis What is the term used to describe terminating the ...