Builders risk floater - Study guides, Class notes & Summaries

that indicates the initial results of a claim investigation? A. Field Report B. Interim Report C. Full Report D. None of the above A. Field Report States have adopted statutes regarding claims adjusting. To avoid unfair treatment to a claimant the adjuster must not: A. Promptly investigate the claim. B. Follow the laws regarding the number of days in which to commence an investigation. C. Deny the claim until a fair and prompt investigation has commenced. D. Pay the claim within a reasonable num...

NASCLA Test 1____ and _____ are two essential parts to a business plan - correct answer 1. Planning Tool 2. Loan Document 3. Investor Document 4. Benchmarking Tool Select two standard components of a business plan - correct answer 1. Marking Strategy 2. Executive Strategy _____ is the biggest drawback of a sole proprietorship. - correct answer Unlimited Personal Liability If you are a sole proprietor and complete work under a name that is not your own, you would be required ...

NASCLA Test 1 Exam Questions with Correct Answers ____ and _____ are two essential parts to a business plan - answer1. Planning Tool 2. Loan Document 3. Investor Document 4. Benchmarking Tool Select two standard components of a business plan - answer1. Marking Strategy 2. Executive Strategy _____ is the biggest drawback of a sole proprietorship. - answerUnlimited Personal Liability If you are a sole proprietor and complete work under a name that is not your own, you would be required t...

Missed PSI Exam - Property & Casua Federal Crop Insurance is a type of insurance sometimes called which one of the ollowing? - ANSWER residual market insurance Homeowner Form HO-2 provides coverage for loss of appliances, carpeting, and other household furnishings for a maximum of how much? - ANSWER $2,500 All of the following are the most commonly used personal inland marine forms EXCEPT - ANSWER builder's floater form. What is the purpose of the causes of loss form that lists spe...

Missed PSI Exam - Property & Casualty Questions and Answers 100% Pass Federal Crop Insurance is a type of insurance sometimes called which one of the following? - Correct Answer ️️ -residual market insurance Homeowner Form HO-2 provides coverage for loss of appliances, carpeting, and other household furnishings for a maximum of how much? - Correct Answer ️️ -$2,500 All of the following are the most commonly used personal inland marine forms EXCEPT - Correct Answer ️️ -builder...

NASCLA Contractors Guide Exam Questions With Verified Answers When a business is purchased by a new owner, what happens in regards to the "EIN"? - answerA new EIN is required A clause that means that a subcontractor is bound by the same obligations as are required of the general contractor is called: - answerFlow-down clause What are the three key functions on a business plan? - answerPlanning Tool, Loan or Investor Document, Benchmarking tool A contractor's Business Plan does NOT inc...

NASCLA Test 1 Exam Questions with Correct Answers ____ and _____ are two essential parts to a business plan - answer1. Planning Tool 2. Loan Document 3. Investor Document 4. Benchmarking Tool Select two standard components of a business plan - answer1. Marking Strategy 2. Executive Strategy _____ is the biggest drawback of a sole proprietorship. - answerUnlimited Personal Liability If you are a sole proprietor and complete work under a name that is not your own, you would be required t...

The main difference between an HO-4 and HO-6 is? A: HO-6 does not cover additional living expenses B: HO-4 provides limited dwelling coverage as well as contents coverage C: HO-6 provides limited dwelling coverage as well as contents coverage D: HO-4 does not cover additional living expenses - C The most the insurer will pay for a loss under a business policy is? A: The amount of the loss minus the deductible B: 80% of the loss C: 20% of the loss D: The limit of insurance after the ded...

NASCLA Test 1 Exam Questions with Correct Answers ____ and _____ are two essential parts to a business plan - answer1. Planning Tool 2. Loan Document 3. Investor Document 4. Benchmarking Tool Select two standard components of a business plan - answer1. Marking Strategy 2. Executive Strategy _____ is the biggest drawback of a sole proprietorship. - answerUnlimited Personal Liability If you are a sole proprietor and complete work under a name that is not your own, you would be required t...

1 PROPERTY AND CASUALTY REVIEW EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ A unique exclusion that is found only in the Fine Art Floater is: Correct Answer: Art on Exhibition (Due to most frequent thefts during gallery showings) Which section of a Special form policy determines whether a peril is covered? Correct Answer: Exclusions New zoning laws prevent an Insured from replacing a destroyed property. If the Insured transfers ownership of the property to the ...