Bail bonds part 3 - Study guides, Class notes & Summaries

Eligible Vehicles - Owned or Leased for 6 months or longer by: a) Individual (and spouse) b) Related Residents (other than spouse) c) Non-Related Residents d) Non-Resident Relatives Private Passenger Vehicles a) 4 wheels b) Not for public/livery conveyance c) Not rented to others Pickups/Vans if: a) Weight < 10,000 lbs b) Not used for delivery/transportation of goods Policy Format - A - Liability B - Medical Payments C - Uninsured Motorists D - Coverage for Damage to Your Auto ...

bail bonds part3 TEST QUESTIONS WITH 100% CORRECT ANSWERS

Exam Fx-Property and Casualty Exam Questions and Answers 100% Pass To be considered an insurable risk, a loss may NOT be catastrophic Which of the following persons would be required to hold a producer license? a nonresident agent who negotiates insurance contracts Which of the following is the oldest known type of insurance? ocean marine The contents coverage on a homeowners policy would pay how much after the loss of one of a pair of golden candlesticks? the difference in the actual cash va...

1 BAIL BONDS EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ professional bonds agent Correct Answer: not backed by an insurance or surety. cash cashier check or money order limited surety agent Correct Answer: they justfy their suretyship by attaching a power of attorny to each bondwhich pledges the corporate assets of the company as issued through limed surety agents are often refferredto as corporate suretyships chap 648 Correct Answer: any bail bonds agent...

Alabama Insurance Law Questions and Answers Rated A+ The Commissioner of Insurance for Alabama is appointed by the governor The Commissioner of Insurance may do all of the following except change insurance laws for the good of the general public 3. The Commissioner, upon written demand by a person aggrieved, must hold a hearing within 30 days after receipt of the demand In Alabama, the minimum capital required to form and organize a new domestic stock life insurance is $1,000,000 An applican...

1. Jail practices in the United States descend directly from feudal practices of twelfth-century Ireland. a. True b. False ANSWER: REFERENCES: LEARNING OBJECTIVES: KEYWORDS: False The Contemporary Jail: Entrance to the System ACIB.CLEA.17.03.01 - Describe the history of the jail and its current criminal justice system. Bloom's: Remember function in the 2. In the United States today, most jail inmates are young Caucasian males. a. True b. False ANSWER: REFERENCES: LEARNING OBJECTIVE...

New York State Auto Damage and Theft General Adjuster 17-70 Practice Questions And Answers 2024/2025 An employee has been asked to use his own personal vehicle to perform certain tasks on behalf of his employer. What coverage is used under the business auto policy to protect the employer for lawsuits when the employee has an accident that causes legal action against the employer? - CORRECT ANSWER-Employers non-ownership coverage. This coverage protects the employer and not the emplo...

another name for insurance agent is: principal producer broker recorder - Answer producer another name for insurer is: principal producer broker policymaker - Answer principal The Broad Form Products Coverage endorsement in commercial auto policies does which of the following? Adds property coverage Removes the defective products exclusion Adds the defective products exclusion Removes property coverage - Answer Removes the defective products exclusion All of the follow...

New York State General Adjuster 17-70 Exam Questions and Answers Verified A+ An employee has been asked to use his own personal vehicle to perform certain tasks on behalf of his employer. What coverage is used under the business auto policy to protect the employer for lawsuits when the employee has an accident that causes legal action against the employer? - Employers non-ownership coverage. This coverage protects the employer and not the employee. The employee is covered under his own PAP po...

vehicle ownership - Answer-1. Individuals who are related and live in the same household 2. Joint ownership with one owner living outside household 3. individuals who are not related and live in the same household 4. vehicles owned by a trust where the grantor/trustee is an individual, individual and spouse Vehicle and vehicle usage - Answer-Private passenger autos which include pickups or vans; 1. auto is 4- wheel motor vehicle 2. may not be used for public or livery conveyance i.e. taxi,...