Coverage a in the cgl - Study guides, Class notes & Summaries
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California Property and Casualty Insurance Test Questions and Answers Rated A
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California Property and Casualty Insurance Test Questions and Answers Rated A 
The term "Time element Coverage" is used when the amount of loss depends on what? 
The time it takes to repair, rebuild, or restore damaged property. The term time element coverage is used for many indirect losses, such as a business income loss, because the amount of loss might not be directly related to the amount of property damage that occurred, but it is related to the time it takes to repair,, rebuild, or rest...
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Property & Casualty Insurance License Test Updated 2022 > Pass the P&C Insurance Licensing Exam With Flying Colors.
- Summary • 24 pages • 2022
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Property and casualty insurance Exam Questions and Answers Updated Nov 2022. 
A banker is ready to close on a customer's loan. The bank is prepared to offer the loan but only if the customer purchases a life insurance policy from the bank in the amount of the loan. This is an example of 
 
A builder's risk form is most often written as which of the following? 
 
A building is insured, but no one has lived or worked in it for 10 years. The building is completely empty of any furniture or perso...
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Property and casualty insurance Exam Questions and Answers Part one
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Which of the following are the authorities that an agent can hold? - correct answer Express and implied 
 
Which of the following terms refers to such disabilities the loss of a limb, hearing , or eye sight? - correct answer Permanent partial disability 
 
Who is NOT considered an employee in an commercial general liability (CGL) policy? - correct answer Temporary worker 
 
The major portion of the premium of an equipment breakdown policy pays? - correct answer For inspections and examinations 
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2024 CPCU 552, CP&L FINAL EXAM 2024- 2025 WITH 200 QUESTIONS AND CORRECT ANSWERS (100% CORRECT)
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2024 CPCU 552, CP&L FINAL EXAM WITH 200 QUESTIONS AND CORRECT ANSWERS (100% CORRECT) 
Railroad owners commonly require contractors to purchase a Railroad Protective 
Liability Coverage Form. Which one of the following statements about this form is 
true? - ANSWER-One of the coverage limits applies to physical damage to 
property owned by or leased or entrusted to the railroad 
Which one of the following statements about the general aggregate limit under a 
Commercial General Liability (CGL...
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New York State Property and Casualty Insurance Exam Latest Version Already Passed
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New York State Property and Casualty 
Insurance Exam Latest Version Already 
 
Passed 
 
Physical damage coverage under a garage policy is a blanket limit for covered auto, an accurate 
statement? Yes; The dealer's physical damage limit would be done on a blanket limit basis. 
This would apply to comprehensive and collision losses to the auto inventory of the dealer. This 
is done because it is simply not practical to schedule each dealer owned vehicle for physical 
damage. This is generally ac...
Too much month left at the end of the money?
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Adjuster Pro - Florida Certified Adjuster Glossary Exam Questions and Answers
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Accumulated Depreciation - ANSWER-The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) 
 
Actual Cash Value (ACV) - ANSWER-A valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Formula: (Replacement cost - Accumulated Depreciation) 
 
Adhesion - ANSWER-One of the characteristics of an insurance contract. Means that one party (the insurer) sets the terms, and the other ...
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CIC - Commercial Casualty Institute Latest Update Graded A+
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CIC - Commercial Casualty Institute 
 
Latest Update Graded A+ 
 
Identify the Specific Rights & Responsibilities of the First Named Insured (Objective #1) 1- 
Cancel Policy 
2- Receive Notice of Cancellation 
3- Make Changes to Policy (with Insurer Consent) 
4- Payment of Premiums 
5- Payee for Returned Premium 
 
Compare and Contrast the Occurrence Form with the Claims Made Form, as to what activates 
coverage (Learning Objective #2) Occurrence Form: 
- BI/PD must occur during the policy perio...
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PROPERTY AND CASUALITY INSURANCE ACTUAL EXAM NEWEST 2024 ACTUAL EXAM COMPLETE 256 + QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A
- Exam (elaborations) • 41 pages • 2024
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Which of the following are the authorities that an agent can hold? - 
ANSWER-Express and implied 
Which of the following terms refers to such disabilities the loss of a 
limb, hearing , or eye sight? - ANSWER-Permanent partial disability 
Who is NOT considered an employee in an commercial general 
liability (CGL) policy? - ANSWER-Temporary worker 
The major portion of the premium of an equipment breakdown policy 
pays? - ANSWER-For inspections and examinations 
An insured owns a building val...
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GEORGIA- PROPERTY & CASUALTY QUESTIONS AND ANSWERS
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All of the following are true regarding aviation insurance EXCEPT: - Answer-It can be added to the CPP 
 
A customer has 5 identical vases that are insured on an inland marine floater for $30,000 and 1 of the vases is stolen. The remaining 4 vases are appraised at $20,000, how much will the insurer pay? - Answer-$10,000 
 
Which of the following is not an unfair claims settlement practice? - Answer-Requiring proof of loss to be submitted 
 
Theft, disappearance and destruction covers which of th...
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AINS 23 ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS (ALREADY GRADED A+) NEWEST VERSION
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AINS 23 ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS (ALREADY GRADED A+) NEWEST VERSION 
Which one of the following statements is correct with respect to limits of liability applicable to Part Two—Employers Liability Insurance? - Answer It includes a bodily injury by disease policy limit. The insurer has no duty to pay defense costs after it has paid damages equaling the applicable limit of insurance. 
 
Which one of the following statements is correct with regard to the United States L...
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