Rmin 4000 exam - Study guides, Class notes & Summaries

RMIN 4000 Exam 3 - Topics 8,9,10 Questions & Answers How long is an auto insurance policy? - ANS-usually 6 or 12 months Who writes auto insurance policies? - ANS-ISO What is ISO? - ANS-Insurance Services Office Five General Types of Coverage for Auto Insurance - ANS-1. Liability 2. Uninsured Motorist 3. Medical Payments 4. Damage 5. Convenience Coverage When is liability coverage implemented in auto? - ANS-when you have a liability to a 3rd party for property damage (PD) or bodily in...

RMIN 4000 Edmunds Exam 2 With Complete Solutions Latest Update

401k plan - income-tax deductible, investment income accumulates tax free, distributions taxed upon withdrawal, and any employer match that is received does not count towards contribution limit additional insureds - person or party added to the policy by an endorsement (lenders and mortgagors) advantages of group insurance - may be less expensive, tax benefits to employees (costs are usually pre tax), employer may pay all/part of premium, no evidence of insurability-no physical exam, and m...

RMIN 4000 Exam 1 Brown (Latest) Questions With Complete Solutions!!

RMIN 4000 Exam 3 - Topics 8,9,10 Questions and Answers | 100% Pass!! How long is an auto insurance policy? -Answer-usually 6 or 12 months Who writes auto insurance policies? -Answer-ISO What is ISO? -Answer-Insurance Services Office Five General Types of Coverage for Auto Insurance -Answer-1. Liability 2. Uninsured Motorist 3. Medical Payments 4. Damage 5. Convenience Coverage When is liability coverage implemented in auto? -Answer-when you have a liability to a 3rd party for property...

RMIN 4000 Exam Questions and Answers 100% Verified RMIN 4000 Exam Questions and Answers 100% Verified RMIN 4000 Exam Questions and Answers 100% Verified Risk - ANSWER-Uncertainty concerning the occurrence of a loss Loss exposure - ANSWER-any situation or circumstance in which a loss might occur (regardless of if it happens or not) - ex: When we think about if we might get sick.. my body is the exposure. If I have a business and 10 buildings.. My buildings are exposures. O...

RMIN 4000 exam 1 UPDATED ACTUAL Exam Questions and CORRECT Answers TRIA - CORRECT ANSWER- Terrorism risk and insurance act (2002) what is TRIA? - CORRECT ANSWER- A federal backstop for insurance claims related to terrorism ; has a trigger of $200M Exposures - CORRECT ANSWER- things of value (assets) that could be lost (ex: car) Perils - CORRECT ANSWER- things that could happen to these assets/ exposures

RMIN 4000 EXAM 3 | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+RMIN 4000 EXAM 3 | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+

RMIN 4000 Exam 1 Brown Questions and Answers