Blanket insurance Study guides, Class notes & Summaries

Champions Real Estate Finance graded A+ already passed 2023Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers ...

Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers more than one piece of property. Wraparound Mortgage - c...

Specific insurance - Answer- This type of insurance designates a particular item to be insured Blanket insurance - Answer- This type of insurance covers more than one item of property at a single location or one more items of property at multiple locations. Speculative - Answer- possibility of both gain and loss. Not insurable. Pure - Answer- only the possibility of loss. Insurable. What are the 5 methods of managing or handling risk? - Answer- avoid, control, retain, and transfer ri...

Growth and Development Across the Lifespan 2nd Edition Leifer Fleck Test Bank Chapter 1: Healthy People 2020 Test Bank MULTIPLE CHOICE 1. The purpose of Healthy People 2020 is to: a. examine world health needs. b. evaluate accomplishments for years 2010–2020. c. focus primarily on infant health and mortality. d. examine funding issues for health care. ANS: B Healthy People 2020 is an evidence-based 10-year report card describing health-care accomplishments in the United States between the year...

AINS 103 Study Guide (Latest 2023/ 2024 Update) Exploring Commercial Insurance | Complete with Questions and Verified Answers| 100% Correct| Grade A Q: Marine insurance includes both ocean and inland marine coverage in the U.S. only Answer: TRUE Q: Disease thought to be caused by work or the work environment. Answer: Occupational disease Q: A description of the property insured would be located on the ________ _____ of a CPP Answer: Declarations page Q: ...

The purpose of Healthy People 2030 is to: a. examine world health needs. b. evaluate accomplishments for years 2020–2030. c. focus primarily on infant health and mortality. d. examine funding issues for health care. ANS: B Healthy People 2030 is an evidence-based 10-year report card describing health-care accomplishments in the United States between the years of 2020 and 2030. DIF: Cognitive Level: Comprehension REF: p. 1 OBJ: 1 TOP: Healthy People 2030 KEY: Nursing Process Step...

The Mobile Home Endorsement of a Homeowners policy affords coverage to mobile homes under the? A. HO-1 (Basic Form) B. HO-2 (Broad Form) C. HO-3 (Special Form) D. HO-2 or HO-3 (Broad and Special) - ANSWER-D. HO-2 or HO-3 (Broad and Special) All of the following are eligible for coverage under Homeowners policy except? A. A condominium unit owner. B. A farm owner. C. A mobile home owner. D. A tenant in an apartment building. - ANSWER-B. A farm owner. The term Insured Location under ...

Health Insurance Florida 2-40 Practice Exam 2023 Questions & Correct Answers. Which of the following laws requires an insurer to notify an applicant in writing that an investigative consumer report may be made on the applicant? -Uniform Provisions Law. -Freedom of Information Act. -Medical Information Bureau Disclosure Act -Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) Correct Answer: Fair Credit Reporting Act (Insurance Information and Privacy Protection Ac...

Specific insurance - ANSWER This type of insurance designates a particular item to be insured Blanket insurance - ANSWER This type of insurance covers more than one item of property at a single location or one more items of property at multiple locations. Speculative - ANSWER possibility of both gain and loss. Not insurable. Pure - ANSWER only the possibility of loss. Insurable. What are the 5 methods of managing or handling risk? - ANSWER avoid, control, retain, and transfer risk. ...

Growth and Development Across the Lifespan 2nd Edition Leifer Fleck Test Bank Chapter 1: Healthy People 2020 Test Bank MULTIPLE CHOICE 1. The purpose of Healthy People 2020 is to: a. examine world health needs. b. evaluate accomplishments for years 2010–2020. c. focus primarily on infant health and mortality. d. examine funding issues for health care. ANS: B Healthy People 2020 is an evidence-based 10-year report card describing health-care accomplishments in the United States betwe...