Supplementary payments - Study guides, Class notes & Summaries

New York State General Adjuster 17-70 Questions and Answers Graded A An employee has been asked to use his own personal vehicle to perform certain tasks on behalf of his employer. What coverage is used under the business auto policy to protect the employer for lawsuits when the employee has an accident that causes legal action against the employer? Employers non-ownership coverage. This coverage protects the employer and not the employee. The employee is covered under his own PAP policy. Repla...

An employee has been asked to use his own personal vehicle to perform certain tasks on behalf of his employer. What coverage is used under the business auto policy to protect the employer for lawsuits when the employee has an accident that causes legal action against the employer? - Employers non- ownership coverage. This coverage protects the employer and not the employee. The employee is covered under his own PAP policy. Replacement cost coverage is best defined as: - Replacement without ...

An employee has been asked to use his own personal vehicle to perform certain tasks on behalf of his employer. What coverage is used under the business auto policy to protect the employer for lawsuits when the employee has an accident that causes legal action against the employer? Employers non-ownership coverage. This coverage protects the employer and not the employee. The employee is covered under his own PAP policy. Replacement cost coverage is best defined as: Replacement without d...

New York State Property and Casualty Licensing Exam Latest Version Graded A+ Pro Rata Liability Clause is included in an insurance policy to deal with the problem of Duplicate insurance policies The purpose of this clause is to illustrate the method to determine each insurer's liability in case of a loss. Each insurer pays its fair share determined by the percentage that the carrier's limit bears to the total coverage carried. pro rata liability If a loss occurs that is covered b...

Texas All-Lines Adjuster course Final Exam [QUESTIONS AND CORRECT ANSWERS) VERIFIED ANSWERS 2024/2025 A severe thunderstorm damaged a policyholder's residence. He called and asked how long it would be before he receives payment for his claim. Which of the following would NOT be an appropriate response? - CORRECT ANSWER We have 6 months to reach a final settlement with you. Which of the following is a TRUE statement concerning auto physical damage coverage under a Personal or Busi...

PSI Practice Property and Casualty Exam $1,500 - ANS-Which of the following is the special limit of coverage on the homeowners policy form for property damage to personal watercraft? $2,500 - ANS-Homeowner Form HO-2 provides coverage for loss of appliances, carpeting, and other household furnishings for a maximum of how much? 1. attorney - ANS-Which of the following professionals would purchase Errors And Omissions insurance to manage the liability risk associated with their business endea...

NICET LEVEL III WATER BASED LAYOUT 2024 General Conditions •contract •specifications •contract drawings General Conditions What is not included in the technical specification? Bid documents include? Codes, standards, Authority Having Jurisdiction (AHJ), clean-up, safety requirements, barricades, fencing, insurance and bond requirements, ect. Supplementary Conditions payment schedules Addendums, time schedules, working days allowed, delay agreements, Constr...

CE Board Exam Terms Questions And Answers 100% Guaranteed Success 2024. Liquid Limit (LL) - correct answer. water content corresponding to 25 blows or 20 mm penetration of cone Plastic Limit (PL) - correct answer. water content wherein a soil starts to crumble when rolled into 1/8 inch diameter thread Excellent - correct answer. Rating of suitability number ranging from 0-10 Good - correct answer. Rating of suitability number ranging from 10-20 Fair - correct ...

LA Claims Adjuster Property and Causality Practice Exam 2 Rated A $300,000. The minimum liability amount per occurrence for bodily injury and property damage claims available under the BOP is: : The Insurer An insured carries aircraft liability coverage with "admitted aircraft liability coverage." Who negotiates the payment of the claim if a passenger is injured in an accident? : The Ship Owner. Whose responsibility is it to see that a ship is seaworthy? "specialty" Ocean Marine ...

NICET LEVEL III WATER BASED LAYOUT LATEST UPDATE GRADED A+ What is not included in the technical specification? General Conditions Bid documents include? •contract •specifications •contract drawings Codes, standards, Authority Having Jurisdiction (AHJ), clean-up, safety requirements, barricades, fencing, insurance and bond requirements, ect. General Conditions Addendums, time schedules, working days allowed, delay agreements, payment schedules Supplementary Conditions Specifications ty...