Louisiana pc insurance Study guides, Class notes & Summaries

Louisiana P&C Insurance Exam Review set one with Complete SolutionsLouisiana P&C Insurance Exam Review set one with Complete SolutionsLouisiana P&C Insurance Exam Review set one with Complete SolutionsLouisiana P&C Insurance Exam Review set one with Complete Solutions Which one of the following statements about insurance contracts is true? - ANSWER-They are personal contracts because they insure people, not property. Insurance policies are considered to be unilateral - ANSWER-because only th...

Which one of the following statements about insurance contracts is true? - ANSWERSThey are personal contracts because they insure people, not property. Insurance policies are considered to be unilateral - ANSWERSbecause only the insurance company is legally bound to perform its part of the agreement. While both the insured and the insurer must give consideration, it need not be equal. The policy provisions are prepared by the insurer, with little or no input from the insured Which part of ...

Which one of the following statements about insurance contracts is true? - ANSWERSThey are personal contracts because they insure people, not property. Insurance policies are considered to be unilateral - ANSWERSbecause only the insurance company is legally bound to perform its part of the agreement. While both the insured and the insurer must give consideration, it need not be equal. The policy provisions are prepared by the insurer, with little or no input from the insured Which part of ...

Louisiana P&C Insurance Exam with Complete Solutions Louisiana P&C Insurance Exam with Complete Solutions Louisiana P&C Insurance Exam with Complete Solutions Louisiana P&C Insurance Exam with Complete Solutions Commissioner's term of office - ANSWER-4 years Commissioners will examine each insurer - ANSWER-5 years Time to conduct a hearing - ANSWER-30 days

Louisiana P&C Insurance Exam Review set one latest 2023 exam questions with correct answers

Commissioner's term of office - ANSWERS4 years Commissioners will examine each insurer - ANSWERS5 years Time to conduct a hearing - ANSWERS30 days Age to apply for producer's license - ANSWERS18 years old Producer license valid for how long - ANSWERS2 years How long to file notice of appointment with Commissioner - ANSWERS15 days How long for commissioner to determine whether producer is suitable for appointment - ANSWERS30 days How long for Commissioner to inform insurer ...

Lesson 1: Louisiana Insurance Regulation 2023/2024 already graded A+

Which one of the following statements about insurance contracts is true? - ANSWER-They are personal contracts because they insure people, not property. Insurance policies are considered to be unilateral - ANSWER-because only the insurance company is legally bound to perform its part of the agreement. While both the insured and the insurer must give consideration, it need not be equal. The policy provisions are prepared by the insurer, with little or no input from the insured Which part of ...

Commissioner's term of office - ANSWERS4 years Commissioners will examine each insurer - ANSWERS5 years Time to conduct a hearing - ANSWERS30 days Age to apply for producer's license - ANSWERS18 years old Producer license valid for how long - ANSWERS2 years How long to file notice of appointment with Commissioner - ANSWERS15 days How long for commissioner to determine whether producer is suitable for appointment - ANSWERS30 days How long for Commissioner to inform insurer ...

Property and Casualty Exam- Louisiana 2023/2024 already graded A+