Hull coverage - Study guides, Class notes & Summaries

Claims Adjuster Exam Study Guide with 100% Verified Correct Answers Multi Peril-Package - Correct Answer Any policy which provides property & liability coverage (not homeowner) ISO policy - Correct Answer Sold in Texas, but not Texas form Only Texas DP 1 - Correct Answer Mainly the only TDP sold, now with plethora of endorsements Texas Standard Fire Policy - Correct Answer Granddaddy of all Texas property policies Business auto coverage e.g. - Correct Answer Owner of a taxi to cover...

Property & Casualty Practice Exam: Commercial Lines Who is responsible for damage to improvements in a leased building? A) Tenant B) Building owner C) Improvements to a leased building are not covered D) Both the tenant and the building owner - correct answer B Equipment Breakdown insurance covers all of the following, EXCEPT: A) Equipment powered by internal pressure B) Mechanical equipment used to produce energy C) Tools subject to regular replacement D) Communications equipment - ...

Texas all lines adjuster exam A Questions & answers 2024 updateTexas all lines adjuster exam A Questions & answers 2024 update All of the following are criteria for an accident to have occurred "in the course of" the employment under a workers' compensation policy, EXCEPT: - While performing a task that a fellow worker requested, that was unusual to the employee's job description, but occurred on the employer's premises during working hours. Which of the following statements is NOT ...

2-20 General Lines Florida Insurance Exam Questions and Answers 100% Pass Abandonment Clause - Correct Answer ️️ -often contained in a p/c policy stating that the insured cannot abandon damaged property to the (dump on) insurer and demand reimbursement for the full value. Accounts Receivable Coverage Form - Correct Answer ️️ -Inland Marine Coverage form which insures against loss the insured suffers becasuse of an inability to collect from customers when AR records are damaged. A...

An Aircraft Hull Policy provides all the following coverage, except: A Damage to the insured aircraft while it is in flight B Damage to the insured aircraft while it is in motion on the ground C Passenger Liability Coverage D Damage to the insured aircraft while it is not in motion on the ground correct answer: C Under the PAP, after a collision the insured is entitled to Transportation expenses up to: A $600 ($20/day) B $200 ($20/day) C $1,000 ($20/day) D $500 ($20/day) co...

Texas All Lines Adjuster Exam 2024 All of the following are criteria for an accident to have occurred "in the course of" the employment under a workers' compensation policy, EXCEPT: While performing a task that a fellow worker requested, that was unusual to the employee's job description, but occurred on the employer's premises during working hours. Which of the following statements is NOT TRUE regarding the implied warranties of an Ocean Marine policy? The implied wa...

New York USAA Exam Review With 100% Correct Answers Watercraft liability, medical expenses and uninsured boaters are coverages provided under which of the following policies? I. Watercraft. II. Homeowners. III. Mariners. - answerI only is correct. Explanation: Watercraft policies are designed to cover boats used primarily on fresh water streams and lakes. It is a package policy providing several coverages including hull, motor and trailer coverage along with liability coverage. Under ...

Property and casualty insurance Exam Questions and Answers Updated Nov 2022. A banker is ready to close on a customer's loan. The bank is prepared to offer the loan but only if the customer purchases a life insurance policy from the bank in the amount of the loan. This is an example of A builder's risk form is most often written as which of the following? A building is insured, but no one has lived or worked in it for 10 years. The building is completely empty of any furniture or perso...

NC Claims Adjuster Exam Study Already Passed Liability Insurance PAP (Part A) - Answer ️️ -Pays all the sums and insured must legally pay as damage due to BI/PD caused by an accident and resulting from the ownership, maintenance or use of a covered auto. Coverage Part A through F of a PAP - Answer ️️ -A. Liability B. Medical Payments C. UM/UIM D. Physical Damage E. Insured Duties F. General Provisions Certificate of Insurance (COI) - Answer ️️ -A document that proves the ex...

THE amount of insurance countersigned, issued, or sold by an agent or producer to cover immediate family members, an employer, or employees is known as: - CORRECT ANS - Controlled business All of the following are criteria for an accident to have occurred "in the course of" the employment under a workers' compensation policy, EXCEPT: - CORRECT ANS - While performing a task that a fellow worker requested, that was unusual to the employee's job description, but occurred on the employer'...