Pa property - Study guides, Class notes & Summaries

PA Property & Casualty - Personal Auto Latest Update Graded A+ Law - Vehicle Financial Responsibility Requires ALL vehicles to be covered for financial responsibility (the ability to respond to damages). Minimum Limits: Split Limits - $15,000.00 for one person in any one accident / $30,000.00 for more than one for any one accident / $5,000.00 for property damage of others in any one accident. Combined Single Limits - $35,000.00. First Party Benefits (Medical) - $5,000.00 Pro...

PSI PA State Real Estate Practice Exam Questions and Answers 100% Pass Requires the seller to provide notice to a purchaser about whether a structure on the land is entitled to support from the underlying coal. Coal Notice Three conditions that must be met for a mobile home to be considered real estate 1. Mobile home is transferred in conjunction with and as a part of an assignment of a land lease or the transfer of an interest in land on which the mobile home is situated; or 2. Mobile home is...

PA Property & Casualty License Practice ExamAn exclusion that states that an insurer will not pay any claim in which an individuals property is damaged as a result of an earthquake, mudslide, landslide, or sinkhole. - correct answer an Earth movement exclusion An exclusion that states that an insurer will not pay any claim in which an individuals property is damaged as a result of the fact that the individual did not maintain the property. - correct answer Neglect exclusion Which Home Owne...

PA Property and Casualty Insurance Exam with Complete Solutions Property you can possess/ physically touch BI bodily injury PD Property damage Liability/casualty what you pay the other guy personal lines insurance cover needs of individual or family (auto,boat,camper,rv) commercial lines insurance needs of a business direct loss example - house burns down indirect loss example - additional money you will have to spend to live somewhere else while house is being rebuilt....

PSI PA Property and Casualty Exam GuideBroker - correct answer According to the insurance law, who is the principal? 90 days - correct answer An application as a resident agent must be made in how many days if an individual establishes a principal place of residence within Pa from another state? a temporary license - correct answer issued for 180 days for surviving spouse, surviving inactive officer or partner, legal representative. Can be used upon death or incompetency of producer, or wh...

PA property and casualty test prepIn a commercial general liability policy medical payment pay for medical expenses - correct answer Without regard to fault Which type of insurance protection guarantees protection against legal liability from any risk arising from the ownership, maintenance, or use - correct answer Professional liability In a commercial general liability policy medical payment pay for medical expenses - correct answer Without regard to fault Which type of insurance prot...

PSI PA Property and Casualty Exam Guide Questions with 100% Correct Answers | Updated & Verified

In a commercial general liability policy medical payment pay for medical expenses - correct answer Without regard to fault Which type of insurance protection guarantees protection against legal liability from any risk arising from the ownership, maintenance, or use - correct answer Professional liability In a commercial general liability policy medical payment pay for medical expenses - correct answer Without regard to fault Which type of insurance protection guarantees protection again...

PA Property & Casualty License Practice Exam Correct Answers Latest Version

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