Who is ho 4 designed for - Study guides, Class notes & Summaries

Those who are eligible for coverage under the Florida Automobile Joint Underwriting Association are? – Military Personnel A non-resident owning an automobile in Florida A non-resident subject to Florida no-fault law A forcible entry into locked premises and the carrying away of the property of others is a definition of: - Burglary The inland marine coverage form that covers clothing, cameras and other portable property worn and carried by tourists and travelers is a: - Personal effects...

Analyze how training and development is strategically important in an organization. The basic aim of training and development programs is to help the organization achieve its mission and goals by improving individual and ultimately, organizational performance. Differentiate between training and development. Training is generally regarded as an organization's planned effort to facilitate employees' learning of job-related knowledge, skills, and competencies for the current job. Developme...

What types of business are excluded from a BOP? - ANSWER-banks, auto dealers, and bars Which of the following risks is eligible for coverage under a businessowners policy? - ANSWER-Condos The authority granted to an agent through the agent's contract is referred to as - ANSWER-Express authority Which of the following dwelling policy forms primarily insures a structure on an actual cash value basis? - ANSWER-DP-1 Under the workers compensation system, who is responsible for the expen...

Under Section 1, homeowners insurance must include A. Liability coverage B. Immediate coverage C. Negligence coverage D. Property Coverage D. Property coverage An insured has a personal property replacement cost endorsement under her homeowners policy. If an expensive painting and an antique chair are stolen from the insured's home, what will the insured receive on the claim under that endorsement? A. 70% of the replacement cost B. 80% of the replacement cost C. 100% of the actual ...

Nj Property & Casualty Exam Fx Q&A 2023. For the purpose of insurance, risk is defined as - Correct Answer-The uncertainty or chance of loss What significance did Paul vs. Virginia have on the insurance industry? - Correct Answer-It was decided that insurance was not interstate commerce and could not be regulated by the federal government The War, Military Act, and Terrorism Exclusion will only apply to an incident of terrorism in which the total of insured damage to all types of proper...

TEXAS ALL LINES ADJUSTER EXAM 2023/2024 LATEST!! (More than 250 QUESTIONS AND VERIFIED ANSWERS) 100% CORRECT ANSWERS 1. Which of the following protects against legal liability for loss or damage to baggage? ~ Answer: Cargo Liability coverage. 2. Which of the following coverages is included as "no-fault" coverage on the standardized Personal Auto policy? ~ Answer: Medical Payments and Physical Damage. 3. Which of the following types of insurance companies is a non-pro...

Florida Claims Adjuster Exam Review (6-20 All Lines Adjuster) 2023 EXAM QUESTIONS AND ANSWERS LATEST UPDATE Peril (Ans- Something that causes a loss. Hazard (Ans- Something that increases the probability that a loss will occur. Warranty (Ans- A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. Misrepresentation (Ans- An untrue statement by the insured, made in an application for insurance but which d...

Florida Claims Adjuster Exam, 6-20 All Lines Adjuster-Florida Exams Questions & Answers 2023 The successful adjuster/negotiator should understand that communication includes all of thefollowing EXCEPT? Select one: A. Verbal and non-verbal messages B. Questioning C. Listening D. Decision-making - Decision-making Which of the following is not a duty of the claims adjuster? Select one: A. Investigating B. Evaluating C. Negotiating D. Counseling - Counseling The adjuster's duty to ...

State Farm Insurance License Exam Questions with solutions Scored A+ Abandonment Condition A condition often contained in property insurance policies that states that the insured cannot abandon damaged property to the insurer and demand to be reimbursed for its full value. Accident A loss that occurs at a specific time and place Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:04 / 0:15 Full screen Actual Cash Value (ACV) ...

Bailee - Answer An individual or organization who has taken into its care, custody, and/or control the property of another for servicing, repair, or storage Hazard - Answer Something that increases the chance or likelihood of a loss occuring. (physical or moral or morale) Market Value - Answer A property policy provision that changes the valuation method otherwise applicable (ACV or RV) to a valuation method that allows reimbursement to the insured, according to the price a willing buye...