Bodily injury types - Study guides, Class notes & Summaries

Texas Insurance License Exam Prep P&C Questions and Answers Already Passed What are 3 subjects an auto policy covers? *correct answer*1. Body 2. The vehicle 3. Assets Bodily Injury Types *correct answer*Personal Injury Med Pay Uninsured Motorist No Fault Insurance *correct answer*State stipulates that parties cannot file a claim to the other persons insurance policy unless required in excess. Instead, each party is required to file a primary claim against their own insurance regardles...

Why can occurrence policies be difficult for insurers? - ️️open-ended nature of claim reporting makes it difficult to estimate the ultimate losses that will be made against the policy What influences led to the development of the 1st Standard General Liability Policy - ️️Policy Issues * Forms independently written by insurers * Inconsistent, complex & confusing * Ambiguous/complex legal language * Difficult for courts to interpret CGL covers damages arise out of - ️️1. Bodil...

Texas Insurance License Exam Prep P&C Questions with 100% Correct Answers What are 3 subjects an auto policy covers? 1. Body 2. The vehicle 3. Assets Bodily Injury Types Personal Injury Med Pay Uninsured Motorist No Fault Insurance State stipulates that parties cannot file a claim to the other persons insurance policy unless required in excess. Instead, each party is required to file a primary claim against their own insurance regardless who is at fault. EX. Florida Finan...

What types of claims are paid out under Death & Injury court awards to innocent victims and their families, death benefits and funeral expenses, medical payments, rehabilitation costs, loss of income What types of claims are paid out under Damage to Property Collision, Comprehensive Why is auto insurance compulsory in all provinces? It is unlikely that people would voluntarily purchase insurance thus leaving society to pay costs associated with replacing property, rehabilitation costs, sup...

AINS 21 EXAM TEST BANK 164 QUESTIONS WITH 100% CORRECT ANSWERS UPDATED What are four types of liability insurance that insurers provide? - Answer- 1) Auto 2) Commercial General 3) Personal 4) Professional How do insurers cover auto liability? - Answer- They cover an insured's liability for bodily injury to others and damage to the property of others resulting from auto-mobile accidents. How do insurers cover commercial general liability? - Answer- They cover businesses for their liabi...

Commercial Casualty II – CISR Questions and Answers 100% Pass In BAP what does liability section provide protection from claims for? Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? Medical payments personal injury protection uninsured/underinsured motorist bodily injury...

Commercial Casualty II – CISR Questions and Correct Answers 2024/2025 In BAP what does liability section provide protection from claims for? - Correct Answer Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? - Correct Answer provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? - Correct Answer Medical payments personal injury pro...

Auto Adjuster Exam 17-66 Questions and Answers Proven 100% Which of the following would not be considered a "first party" coverage under the personal auto policy? - Liability Liability is considered to be "third party coverage." The other coverages pay the insured (the first party) under the policy. Which of the following would be considered "special damages?" - Medical expenses There are two types of damages for bodily injury claims - special damages and general damages. Spe...

What is the underwriter's goal? - Answer- To write a book of business in which the actual losses approximate the expected losses. Gertrude is going to become an insurance agent. She would like to work in an agency that represents many different insurance companies. Gertrude will go to work for a(n) - Answer- Independent agency When a client suffers a loss, MegaInsurers is expected to respond promptly to settle the resulting claim. Depending on the line of insurance, claim costs generally ...

MPTC Criminal Investigations Exam Questions with Verified Answers | Latest 2024/2025 How many pictures are needed for a photo array lineup? ️ -no less than 5 -no more than 8 What is RESPECT used for? ️ the steps needed to conduct an objective and procedurally just criminal investigation R (RESPECT) ️ R - Respond to the scene and make it safe E - RESPECT ️ E - emergency care for the injured -request EMS when needed -document all information regarding when EMS arrived/who was treat...