Insuring agreement states Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Insuring agreement states? On this page you'll find 721 study documents about Insuring agreement states.
Page 3 out of 721 results
Sort by
-
pearson vue 49 practice Questions with 100% Correct Answers | Verified | Updated 2024|28 Pages
- Exam (elaborations) • 28 pages • 2024
- Available in package deal
-
- $8.49
- + learn more
Which of the following sections of an insurance policy would explain the term "auto" ? 
A.Declarations 
A. 
Declarations 
B.Definitions 
B. 
Definitions 
C.Insuring agreement 
C. 
Insuring agreement 
D.Obligations of the insurance company 
D. 
Obligations of the insurance company - ️️B 
 
In an application for marine insurance, a yacht owner states that the yacht will only be sailed on inland waters. If the insured subsequently sails the yacht on the seas, coverage may be denied because th...
-
Colorado Life & Health Insurance Exam Study Guide| Complete with Verified Answers| 100% Correct (2023/2024 New Update)
- Exam (elaborations) • 30 pages • 2023
- Available in package deal
-
- $10.99
- + learn more
Colorado Life & Health Insurance Exam 
Study Guide| Complete with Verified 
Answers| 100% Correct (2023/2024 New 
Update) 
 
QUESTION 
Long-Term Care Rider 
 
 
Answer: 
-Type of Insurance Rider 
-Costs extra and may be added to a cash value policy 
-Allows policy owner to take money out of policy's cash value to pay for qualifying nursing 
home or home health care 
 
 
 
QUESTION 
Return of Premium Rider 
 
 
Answer: 
-Type of Insurance Rider 
-Same as term 
-Could be added to term depe...
-
Property and Casualty Insurance Mastery Exam A Latest Update 100% Pass
- Exam (elaborations) • 20 pages • 2024
- Available in package deal
-
- $9.99
- + learn more
Property and Casualty Insurance 
Mastery Exam A Latest Update 100% 
 
Pass 
 
An insured rents a car while on vacation in Canada and causes an accident. Is there coverage 
under his personal auto policy? The loss is covered under an unendorsed personal auto 
policy. 
 
Under the workers' compensation laws, which of the following would NOT be covered? 
Heart-related illness resulting from hereditary causes 
 
An insurance policy covers fire, will not cover nuclear contamination, and loss must be...
-
Wisconsin Property and Casualty Insurance Exam Final Questions and Correct Solutions
- Exam (elaborations) • 25 pages • 2024
-
- $16.99
- + learn more
Wisconsin Property and Casualty 
Insurance Exam Final Questions and 
Correct Solutions 
FAIR - CORRECT ANSWER-Fair Access to Insurance Requirements 
Elements of a Legal Contract. L. O. A. C. - CORRECT ANSWER-• Consideration 
• Legal Purpose 
• Offer 
• Acceptance 
• Competent Parties 
Consideration - CORRECT ANSWER-Money and statements made on application 
Legal Purpose - CORRECT ANSWER-Risk transfer doesn't violate the law 
Offer - CORRECT ANSWER-Insured submits application and fir...
-
RMIN 4000 Edmunds Test 3 Questions and Answers 100% Verified!!
- Exam (elaborations) • 13 pages • 2024
- Available in package deal
-
- $11.99
- + learn more
Basic Parts of an Insurance Contract - ANSWER-1. Declarations 
2. Definitions 
3. Insuring agreement 
4. Exclusions 
5. Conditions 
6. Miscellaneous provisions 
 
Declarations - ANSWER-statements that provide information about the particular property or activity to be insured 
 
definitions - ANSWER-statements that provide information about the particular property or activity to be insured 
 
Insuring Agreement - ANSWER-Summary of the major promises of the insurer (what the policy covers) 
 
nam...
And that's how you make extra money
-
A.D. Banker Life&Health Guarantee Exam
- Exam (elaborations) • 25 pages • 2023
-
- $12.49
- + learn more
B decides to buy a single premium immediate annuity, choosing the Life Only distribution option. How long will the insurer make payments to B? 
 
A 
For B's lifetime or until the principal and interest are exhausted, whichever is shorter 
B 
For the period of time it takes B to recover the initial premium or his lifetime, whichever is shorter 
C 
For a guaranteed period of time, whether or not B survives to the end of that period 
D 
Only for as long as B is alive - Answer- D 
Only for as long ...
-
PEARSON VUE PRACTICE EXAM | QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) | LATEST UPDATE | GRADE A+
- Exam (elaborations) • 36 pages • 2024
- Available in package deal
-
- $15.49
- + learn more
Which of the following sections of an insurance policy would explain the term "auto" ? 
A.Declarations 
A. 
Declarations 
B.Definitions 
B. 
Definitions 
C.Insuring agreement 
C. 
Insuring agreement 
D.Obligations of the insurance company 
D. 
Obligations of the insurance company 
Correct Answer: B 
2 
In an application for marine insurance, a yacht owner states that the yacht will only be 
sailed on inland waters. If the insured subsequently sails the yacht on the seas, 
coverage may be den...
-
WV Licensing Test Study Questions
- Exam (elaborations) • 28 pages • 2023
- Available in package deal
-
- $12.49
- + learn more
1. Methods of risk management include: 
A. Transfer 
B. Sharing 
C. Avoidance 
D. All of the above. - Answer- D. All of the above. 
 
2. An insured has suffered a fire loss to his/her dwelling. This insured is which party to the claim? 
A. Third party 
B. First party 
C. Second party 
D. Loss payee - Answer- B. First party 
 
3. Mr. Jones, a pedestrian, was injured by Mr. Smith while driving his vehicle. Mr. Smith is insured by I Am Bogus Insurance Company. The insurance company would be which p...
-
Florida 2-15 exam 2024 with complete solutions
- Exam (elaborations) • 16 pages • 2024
- Available in package deal
-
- $16.49
- + learn more
Insuring Clause (or Insuring Agreement) correct answersis the insurer's basic promise to pay specified benefits to a designated person in the event of a covered loss. States the scope and limits of coverage "We ensure to INSURE you for..." 
 
Consideration Clause correct answersstates a policyowner must pay a premium in exchange for the insurer's promise to pay benefits. A policyowner's consideration consists of completing the application and paying the initial premium. The amount and frequ...
-
Comprehensive Review- Kansas Life and Health Exam (2024/2025) 100% Solved
- Exam (elaborations) • 19 pages • 2024
- Available in package deal
-
- $9.99
- + learn more
Comprehensive Review- Kansas Life and Health Exam (2024/2025) 100% Solved Entire Contract is the provision that states that the producer does NOT have the authority to change the policy or waive any of its provisions 
Decreasing Term the automatic load provision can be incorporated into all of these policies except... 
variable life insurance insurance policy that has a level premium but allows the policy owner to choose from a selection of investment options 
pre-existing condition clause long-...
Did you know that on average a seller on Stuvia earns $82 per month selling study resources? Hmm, hint, hint. Discover all about earning on Stuvia