Connecticut casua - Study guides, Class notes & Summaries

Connecticut Casualty Adjuster for All Lines (+220 Questions And Answers |100% Pass Which of the following professional liability policies would also cover bodily injury damages? o Architects and Engineers E&O o Insurance agents E&O o Lawyers E&O o Fiduciary Legal Liability {{Correct Ans- Architects and Engineers E&O A person, firm, or corporation that, for compensation, acts on behalf of an insured in negotiating the settlement of certain claims for loss or damage to property is kno...

CONNECTICUT CASUALTY ADJUSTER TEST BANK FOR QUESTIONS AND ANSWERS WITH RATIONALES

CONNECTICUT CASUALTY ADJUSTER TEST FOR ALL LINES LATEST VERSION 2024 ALL ANSWERS CORRECT WITH RATIONALES

Connecticut Casualty Adjusters License Exam Questions and Answers Necessary Contract Elements {{Correct Ans- Agreement, consideration, legal capacity, legal purpose Agreement {{Correct Ans- offer and acceptance Consideration {{Correct Ans- The binding force in a contract that requires something of value to be exchanged for the transfer of risk. Legal capacity {{Correct Ans- Competent parties: Requirement that a party to a contract be of legal age and have requisite mental capacity t...

Connecticut Casualty Adjuster for All Lines - Series 18-09 Exam Simulator (2) Questions and Answers 100% pass Payment may be made if which of the following procedures has been executed? {{Correct Ans- A Walk-Away release. The walk-away release indicates the final disposition of the matter and relinquishes the claimant's right to sue so payment may be issued. In some states the signing of the payment check indicates a walk-away release. What type of automobile coverage might a person need...

Connecticut Casualty Adjuster for All Lines - Series 18-09 Exam Simulator (1) Questions and Answers 100% Pass If a person intends to satisfy the automobile financial responsibility law by purchasing insurance, what are the minimum limits required in Connecticut? {{Correct Ans- $20,000/$40,000/$10,000. The law requires that limits in the amount of $20,000 bodily injury to one person in one accident/$40,000 bodily injury to two or more people in one accident and $10,000 property damage. If ...

Connecticut Casualty Adjuster for All Lines - Days, Numbers, and Limits Questions and Answers Notification to the insurance department regarding a licensee's change of address or other relevant change must be reported within ______ days. {{Correct Ans- 30 The maximum obligation of the Connecticut Insurance Guaranty Association is: {{Correct Ans- $400,000 The maximum payable for damage or loss to signs attached to the building covered under a BOP is: {{Correct Ans- $1000 Under "additi...