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ARKANSAS P&C EXAM 2024-2025 QUESTIONS WITH COMPLETE ANSWERS

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The major portion of the premium for an equipment breakdown policy pays -For repairs after a loss. -For coverage for bodily injury and property damage of others. -For replacement parts. -For inspections and examinations. - CORRECT ANSWER For inspections and examinations. #3. The party to a surety or fidelity bond who promises to fulfill the obligation is the a) Principal. b) Custodian. c) Surety. d) Obligee. - CORRECT ANSWER Principal #4. An insurer neglects t...

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  • Examen
  •  • 52 pages • 
  • par ACELEARNERS • 
  • publié  2024
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