And usually ho - Study guides, Class notes & Summaries

1. 1. The insured carries a BOP policy with protective systems such as a sprinkler system. If the system becomes inoperative, the insured must advise the insurance company of the problem within if the system cannot be restored to working order: 48 hours Your Answer 2. 2. Tina has two policies (Policy X and Policy Y) that cover the same risk on a pro rata basis. Policy X has a limit of $100,000 and Policy Y has a limit of $25,000. When Tina suffers a loss totaling $75,000, how will the two pol...

Florida 2-20 Agents License Exam Questions with 100% Correct Answers The Florida Surplus Service Lines Office (FSLSO) was created to - Correct Answer ️️ -oversee the surplus lines industry in the state Which of the following is NOT a required qualification for a General Lines Agent: - Correct Answer ️️ -Seeking the license only to write controlled business The Department of Financial Services performs the following, EXCEPT: - Correct Answer ️️ -Pays insurance claims Once lice...

In order for forms HO-2, HO-3, and HO-5 to provide coverage, a dwelling must be insured for at least what percentage of replacement cost? - 80% Coverage for medical payments under a Personal Auto Policy applies to expenses following a covered accident that are incurred and services rendered within what time period? - 3 years An agent offers a client free tickets to a sporting event in exchange for the purchase of an insurance policy. What is the agent guilty of? - Rebating A businessowners...

Florida 2-20 Agents License Exam Questions and Answers (100% Verified Elaborations) Latest Update. The Florida Surplus Service Lines Office (FSLSO) was created to oversee the surplus lines industry in the state Which of the following is NOT a required qualification for a General Lines Agent: Seeking the license only to write controlled business The Department of Financial Services performs the following, EXCEPT: Pays insurance claims Once license, you have how long to obtain an appointment...

AINS 102 Questions And Answers Latest Graded A+. All of the following items are examples of personal property, EXCEPT: Select one: A. Sports equipment B. Silverware C. A fishing boat D. Underground pipes:  Underground pipes 2. Which one of the following statements regarding assets exposed to loss is true? Select one: A. Real property includes only tangible property.Correct. All real property is tangible property having a physical form that can be seen or touched. Personalprop...

PROBLEM 1 - Family Transportation Costs Situation: Family transportation costs are usually higher than most people believe because those costs include car payments, insurance, fuel costs, repairs, parking, and public transportation. We asked twenty randomly selected families in four major cities to use their records to estimate a monthly figure for transportation costs. Action: Use the following data and ANOVA to test whether there is a significant difference in monthly transportation co...

AINS 102 Course Quiz Questions and Answers All Correct Which one of the following best describes the HO-3 declarations? A) The residence listed is the mailing address unless stated otherwise. B) The declarations page shows the amount of the deductible, the loss portion that the insurer pays. C) The declarations page show amount of the premium, the loss portion that the insurer pays. D) The page shows when the policy is in effect, usually for multiple years for homeowners. - Answer A...

Medical Assisting Administrative & Clinical Competencies (MindTap Course List) 9th Edition 1 | P a g e TEST BANK FOR Medical Assisting Administrative & Clinical Competencies (MindTap Course List) 9thEdition Chapter 1 1. Medical assisting is probably right for you if you: a. like to work alone, completing tasks independently. b. are more comfortable completing a consistent task daily. c. do not like variety in your job. d. are interested in a career in an expanding field. ANSWER: d POINTS: 1 DIFF...

Florida 2-20 Agents License Exam Questions And Answers Graded A+ 2024. The Florida Surplus Service Lines Office (FSLSO) was created to - correct answer. oversee the surplus lines industry in the state Which of the following is NOT a required qualification for a General Lines Agent: - correct answer. Seeking the license only to write controlled business The Department of Financial Services performs the following, EXCEPT: - correct answer. Pays insurance claims...

M100 Community Association Management Exam - Questions, Answers and Rationales Which of the following is not a common insurance coverage and endorsement for property exposures to loss? a. commercial package policy (CPP) insurance b. boiler and machinery insurance c. flood insurance d. hired and non-owned automobile liability insurance Common insurance coverages and endorsements for property exposures to loss include commercial package policy insurance, boiler and machinery insurance, building ...