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Iowa Property Insurance Test Question and answers correctly solved 2024 $13.49   Add to cart
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Iowa Property Insurance Test Question and answers correctly solved 2024

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Iowa Property Insurance Test Question and answers correctly solved 2024 Iowa Property Insurance Test Insurable interest must exist A. At all times B. At the time of the loss C. At the time the policy is instated - correct answer B T/F DP Broad & Special Form include coverage for collap...

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  • August 30, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • iowa property insurance test
  • iowa property insurance test question and answers

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  • Lowa
  • Lowa

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Iowa Property Insurance Test
Insurable interest must exist
A. At all times
B. At the time of the loss
C. At the time the policy is instated - correct answer ✔B


T/F DP Broad & Special Form include coverage for collapse. - correct answer
✔True


Open Perils dwelling coverage and named perils personal property coverage
is under what HO policy - correct answer ✔HO3


What HO Policies cover only named perils - correct answer ✔HO2, HO4,
HO8


T/F Coverage is provided for 1st aid expenses incurred by insured while
aiding others. - correct answer ✔True


HO Broad Form - correct answer ✔HO2


HO Special Form - correct answer ✔HO3


HO Renters Form - correct answer ✔HO4


HO Comprehensive Form - correct answer ✔HO5

, HO Condo Unit Form - correct answer ✔HO6


HO Modified Special Risk Form - correct answer ✔HO8


The uncertainty of financial loss - correct answer ✔Risk


An event that causes a loss - correct answer ✔Peril


A condition that increases the chance of a loss occurring - correct answer
✔Hazard


Placing insured in the same financial position following a loss as before the
loss - correct answer ✔Indemnity


Temp contract pending issue of policy - correct answer ✔Binder


Dishonest taking of property from an individual with face to face confrontation
- correct answer ✔Robbery


When an intruder steals property and leaves signs of forced entry - correct
answer ✔Burglary


HO Coverage A - correct answer ✔Dwelling


HO Coverage B - correct answer ✔Other Structures also on the premises

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