100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
PSI CA PROPERTY AND CASUALTY PRACTICE EXAMINATION QUESTIONS WITH COMPLETE VERIFIED GRADED A+ R179,57
Add to cart
Quickly navigate to
Preview
  2.  
  3. PSI CA PROPERTY AND CASUALTY
  4.  
  5. PSI CA PROPERTY AND CASUALTY

Exam (elaborations)

PSI CA PROPERTY AND CASUALTY PRACTICE EXAMINATION QUESTIONS WITH COMPLETE VERIFIED GRADED A+
 0 purchase
  • Course
  • PSI CA PROPERTY AND CASUALTY
  • Institution
  • PSI CA PROPERTY AND CASUALTY

PSI CA PROPERTY AND CASUALTY PRACTICE EXAMINATION QUESTIONS WITH COMPLETE VERIFIED GRADED A+ 1 Can a lender, as a condition of making a loan, require that any insurance be placed through a particular insurance agent or broker? The loan recipient may always select a particular agent or broker of...

[Show more]

Preview 2 out of 11  pages

Document information

  • May 26, 2024
  • 11
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • psi ca property and casualty practice examination

Written for

  • PSI CA PROPERTY AND CASUALTY
All documents for this subject (14)

Seller

avatar-seller
NurseAdvocate

Reviews received

Content preview

PSI CA PROPERTY AND CASUALTY PRACTICE EXAMINATION QUESTIONS WITH

COMPLETE VERIFIED GRADED A+



1 Can a lender, as a condition of making a loan, require that any insurance be

placed through a particular insurance agent or broker?

The loan recipient may always select a particular agent or broker of their choosing

2 A claimant can be any of the following EXCEPT

EXCEPT a person who is conducting an investigation of a claim on behalf of an insurer

3 All of the following are to be specified in an insurance policy EXCEPT

EXCEPT the financial rating of the insured

4 Which of the following provisions of free insurance offered as an incentive to

purchase or rent property is TRUE?

It requires a separate charge or fee

5 What is the method used for placing business with the California Automobile

Assigned Risk Program?

The percentage of CAARP policies required is equal to the percentage of regular

insurance policies the insurer has issued within the State

6 Whether admitted or nonadmitted, how does a "foreign" insurer differ from an

"alien" or "domestic" insurer?

A "foreign" insurer is organized under the laws of another state within the United States

7 All of the following are reasons employers liability insurance is needed in

addition to workers' compensation insurance EXCEPT

EXCEPT to pay medical bills

, 8 What is the purpose of the experience modification system in the California

workers' compensation experience rating system?

It expresses a particular company's loss or claims history as a percentage to all other

companies in the industry

9 Which form of negotiation is covered under the definition of "transact" as

applied to insurance?

Negotiations preliminary to execution

10 Which type of coverage protects against loss caused by earth movement?

A stand-alone Earthquake Insurance policy specifically insuring against loss caused by

land subsidence

11 Which circumstances in a pretext interview determine if the questions are

permissible?

When an insured is consulted by a person who hides his true identity on purpose when

fraud for a claim is suspected

12 Which is TRUE regarding expectant or contingent interest?

Expectant or contingent interest does NOT constitute insurable interest

13 "Person" means all of the following EXCEPT

EXCEPT an organizational trust

14 Which of the following is TRUE regarding continuing education requirements

of an agent or broker?

Any licensee shall satisfactorily complete 24 hours of instruction prior to license

renewal.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller NurseAdvocate. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R179,57. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

69052 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 15 years now

Start selling
R179,57
  • (0)
Add to cart
Added