Builders risk floater - Study guides, Class notes & Summaries

Missed PSI Exam - Property & Casualty Questions and Answers 100% Pass Federal Crop Insurance is a type of insurance sometimes called which one of the following? - Correct Answer ️️ -residual market insurance Homeowner Form HO-2 provides coverage for loss of appliances, carpeting, and other household furnishings for a maximum of how much? - Correct Answer ️️ -$2,500 All of the following are the most commonly used personal inland marine forms EXCEPT - Correct Answer ️️ -builder...

Property and Casualty Review 2024 Questions and Answers A unique exclusion that is found only in the Fine Art Floater is: - Correct Answer ️️ -Art on Exhibition (Due to most frequent thefts during gallery showings) Which section of a Special form policy determines whether a peril is covered? - Correct Answer ️️ -Exclusions New zoning laws prevent an Insured from replacing a destroyed property. If the Insured transfers ownership of the property to the Insurer, this is an example of...

Adjusters license Exam Questions and Answers 2024 An adjuster shall exercise _____ care when dealing with elderly clients -Answer- Extraordinary The cost of mediation is paid -Answer-Equally by both parties The settlement of a claim arising out of a contract of insurance is also known as - Answer-Transacting insurance An authorized insurer means one duty authorized by a -Answer-Certificate of authority Solicitation negotiation and effectuation of a contract of insurance are best described...

Federal Crop Insurance is a type of insurance sometimes called which one of the ollowing? - ANSWER residual market insurance Homeowner Form HO-2 provides coverage for loss of appliances, carpeting, and other household furnishings for a maximum of how much? - ANSWER $2,500 All of the following are the most commonly used personal inland marine forms EXCEPT - ANSWER builder's floater form. What is the purpose of the causes of loss form that lists specific exclusions? - ANSWER to state...

Exam FX part 3 2023/2024 An endorsement is available for hired and nonowned auto on BOP liability... A. Only if the insured does not have commercial auto coverage B. In addition to commercial auto coverage C. Only if the insured has 4 or more employees D. Never - answers A The Mail Coverage Form is always written on a reporting form basis; after the end of each reporting period shown in the declarations, reports are due within... A. 45 days B. 15 days C. 30 days D. 31 days - answers ...

Missed PSI Exam - Property & Casualty Verified Answers Federal Crop Insurance is a type of insurance sometimes called which one of the following? residual market insurance Homeowner Form HO-2 provides coverage for loss of appliances, carpeting, and other household furnishings for a maximum of how much? $2,500 All of the following are the most commonly used personal inland marine forms EXCEPT builder's floater form. What is the purpose of the causes of loss form that lists specific...

NASCLA Contractors Guide Exam Questions With Verified Answers When a business is purchased by a new owner, what happens in regards to the "EIN"? - answerA new EIN is required A clause that means that a subcontractor is bound by the same obligations as are required of the general contractor is called: - answerFlow-down clause What are the three key functions on a business plan? - answerPlanning Tool, Loan or Investor Document, Benchmarking tool A contractor's Business Plan does NOT inc...

NASCLA Contractors Guide Exam Questions With Verified Answers When a business is purchased by a new owner, what happens in regards to the "EIN"? - answerA new EIN is required A clause that means that a subcontractor is bound by the same obligations as are required of the general contractor is called: - answerFlow-down clause What are the three key functions on a business plan? - answerPlanning Tool, Loan or Investor Document, Benchmarking tool A contractor's Business Plan does NOT inc...

To resolve the disputes between fire underwriters and marine underwriters, insurance regulators in 1933 introduced the Nationwide Marine Definition. It restricted marine insurers to covering the loss exposures included in the Definition. Today, the Definition continues to be used for classification purposes and remains useful in determining the types of insurance that are exempt from filing requirements. Explain the historical and modern purpose of the Nationwide Marine Definition. The n...

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) ...