Idaho property insura Study guides, Class notes & Summaries

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Idaho Property Insurance Certification Exam Questions and Answers 2024 Any financial interest in life or property such that, if the life or property were lost or harmed, the insured would suffer financially. Express Interest Insurable Interest Implied Interest Real Interest - CORRECT ANSWER-Insurable Interest What are the 3 elements of insurable risk? Financial, Business, Loss Blood, Loss, Interest Financial, Blood, Business Business, Blood, Body - CORRECT ANSWER-Financial, Blood, ...

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IDAHO PROPERTY & CASUALTY INSURANCE EXAM 2024 WITH 200 QUESTIONS AND ANSWERS (100% CORRECT VERIFIED ANSWERS) IDAHO PROPERTY & CASUALTY INSURERS LICENSE EXAM TEST BANK (NEW!!) Department of Insurance (DOI) - ANSWER-is a regulatory agency created to regulate the business of insurance in Idaho. Which of the following terms describes a legal agreement between two competent parties that promises a certain performance in exchange for a certain consideration? A. An offer B. an acceptance ...

IDAHO PROPERTY INSURANCE EXAM

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The term flood refers to all of the following EXCEPT A. an overflow of inland tidal waters B. collapse of land as a result of excessive erosion due to flood C. mudslides D. sewer backup correct answers Sewer backup Insurers may be classified according to their financial strength. This includes all of the following factors EXCEPT... A. Number of clients B. Loss experience C. Investment performance D. Operating expenses correct answers Number of clients An individual applied for...

IDAHO PROPERTY INSURANCE EXAM