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CA Property & Casualty Exam Questions Containing 114 terms with Definitive Solutions . Contributory Plan - Answer: Used in a group Insurance. Employee and employers share in the paying of premiums $2.99
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CA Property & Casualty Exam Questions Containing 114 terms with Definitive Solutions . Contributory Plan - Answer: Used in a group Insurance. Employee and employers share in the paying of premiums

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CA Property & Casualty Exam Questions Containing 114 terms with Definitive Solutions . Contributory Plan - Answer: Used in a group Insurance. Employee and employers share in the paying of premiums

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  • January 7, 2024
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By: Studyresource1 • 4 weeks ago

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docmickey
CA Property & Casualty Exam




CA Property & Casualty Exam Questions
Containing 114 terms with Definitive
Solutions 2023-2024.
Contributory Plan - Answer: Used in a group Insurance. Employee and employers
share in the paying of premiums


DP-1,DP-2, DP-3 All 3 dwelling forms cover? - Answer: Loss of rental income


Comparative Negligence - Answer: You can file a claim, but damages are reduced
based on that party's negligence.

, CA Property & Casualty Exam


What has a single limit? - Answer: Property Damage.


Ordinance or law - Answer: An endorsement for building code upgrades.


What is the penalty for not carrying the amount required in a co-insurance
clause? - Answer: You become a co-insurer and pay a portion of the loss.


Retroactive date - Answer: The first date an occurrence would be covered under a
claim made CGL policy


Blanket Insurance - Answer: Used with large groups where the members change
frequently and are not individually named: e.g. Schools, Campgrounds, Charitable
groups.


Symbol #7 - Answer: Specifically described autos.


Tort - Answer: A wrongful act other than breach of contract or a crime.


What does DP-1 Cover? - Answer: Fire, Lighting, and internal explosion.


Endorsement - Answer: Written agreement attached to a policy to add or subtract
insurance overages.

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