Extortion commercial Study guides, Class notes & Summaries

Commercial Insurance - Test 1 Latest Update Graded A+ Lines of Commercial Insurance Property, Business income, Crime, Equip Breakdown (B&M), Inland & ocean marine, CGL, Auto, Businessowners, Farm, Workers Comp, Employers liability, Excess and Umbrella, Professional Liability, Management Liability, Aircraft, Environmental, Surety Bonds Commercial Property Insurance insurance covering commercial buildings and their contents against loss caused by fire, windstorm, and many other causes...

Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review Already Passed Peril Something that causes a loss. Hazard Something that increases the probability that a loss will occur. Warranty A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. Misrepresentation An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. Concealment The fail...

Florida All Lines Adjuster Exam| Questions and Answers| Verified Solutions| 2023/ 2024 Update 1. What is a "temporary substitute vehicle" ~ Answer: any auto or trailer not owned by the named insured that is used as a temporary substitute vehicle that is out of service 2. Which of the following is NOT one of the primary insuring agreements found in a standardized Commercial Crime policy? ~ Answer: "Extortion" coverage may be added by endorsement but it is not one of the pr...

AINS 103 Questions With All Verified Answers Which one of the following best describes real property? Select one: A. Property being shipped to or from others. B. Business personal property that includes furniture, machinery and equipment, and stock/inventory. C. Tangible property that includes land, structures permanently attached to the land, and whatever is growing on the land. D. Vehicles, merchandise, furniture, tools, and similar items. - Correct Ans-C. Tangible property that inc...

AINS 103 Practice Exam - Questions and Answers (Complete Solutions) Which one of the following best describes real property? A. Property being shipped to or from others. B. Business personal property that includes furniture, machinery and equipment, and stock/inventory. C. Tangible property that includes land, structures permanently attached to the land, and whatever is growing on the land. D. Vehicles, merchandise, furniture, tools, and similar items. Extra expenses are expenses, in addition ...

AINS 103 Questions With All Verified Answers Which one of the following best describes real property? Select one: A. Property being shipped to or from others. B. Business personal property that includes furniture, machinery and equipment, and stock/inventory. C. Tangible property that includes land, structures permanently attached to the land, and whatever is growing on the land. D. Vehicles, merchandise, furniture, tools, and similar items. - Correct Ans-C. Tangible property that inc...

California Insurance Adjuster License Test (2024) || All Questions & Answers (Graded A+) California Insurance Adjuster License Test (2024) || All Questions & Answers (Graded A+) While at work, Jamie often uses the company car to pick up supplies. What can cover Jamie if she gets into an accident in this car? - ANSWER - An Employee as Additional Insured endorsement on the company's business auto policy Which of these incidents is NOT an example of negligence on the part of the business? -...

Which one of the following best describes real property? Select one: A. Property being shipped to or from others. B. Business personal property that includes furniture, machinery and equipment, and stock/inventory. C. Tangible property that includes land, structures permanently attached to the land, and whatever is growing on the land. D. Vehicles, merchandise, furniture, tools, and similar items. - Correct Ans-C. Tangible property that includes land, structures permanently attached to ...

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 insurance company in which the policyholder is considered an owner, with the right to vote and share in the profits is a mutual company Jewel Canford's home is insured by XYZ Insurance Company. Last year she made t...

In which type of commercial crime policy coverage is triggered by a loss that happens during the policy period but is not necessarily discovered during the policy peri - Answer- Robbery is: - Answer-Taking of property by use of force, violence, or fear The crime of forced entry into the premises of another by a persons with felonious intent is defined as: - Answer-Burglary Erroneous Publishing copied all the material from Angel's Inc book. The only changes made by Erroneous were to ren...