Fault liability - Samenvattingen, Aantekeningen en Examens

In PA, a consumer reporting agency may list all of the following information about a consumer EXCEPT: - Medical Information The device that synchronizes the spark plug firing sequence is: - Camshaft Sensor If an insured fail to report a claim in a timely fashion the adjuster will usually: - Send the insured a reservation of rights letter When using a dedicated bench fixture to measure a unibody with front-end damage, where should fixtures be placed? - Fixtures should be placed in the damag...

SC Property, Casualty, Surety, Marine Exam Questions and Answers 100% Answered!!Accumulated Depreciation - ANSWERSThe total decrease in an item's value over a period of time. Formula:(Annual Depreciation x Number ofyears used) 1-J Acreage Reporting Date - ANSWERSThe deadline for providing the insurer with an acreage report, which is used to determine the amount of coverage needed and the premium charged for a particular crop. 3-E Actual Cash Value (ACV) - ANSWERSA valuation method used by...

Driver A has a personal auto policy with Part C: UM/UIM limits of 100/300. He is injured by Driver B who has Part A: Bodily Injury Liability limits of 50/100. It is determined that Driver B is at fault for the accident. Driver A has $125,000 in medical expenses. How much will his Part C: UM/UIM coverage pay? a) $125,000 b) $75,000 c) $50,000 d) $25,000 - ANSWERSc) $50,000 Underinsured motorist coverage acts as excess over the at-fault motorist's coverage. It will pay the differe...

AINS 102 UPDATED PT 1 Questions & Answers Which one of the following is considered real property? Select one: A. An automobile B. A house C. Furniture D. A motorhome - ANS-B The Davis family suffered extensive fire damage to its home and was temporarily unable to inhabit it. The family was forced to rent a hotel room while its home was under repair. The cost incurred to rent the hotel room is referred to as which one of the following outcomes of loss? Select one: A. Lost income B....

LPL4802 EXAM PACK 2023. 100% TRUSTECHAPTER 1: Definition, nature and scope of the law of damages Definition: The law of damage is that part of the law which indicates how the existence and extent of damage, as well as the proper amount of damages are to be determined in the case of delict, breach of contract and other legal principles providing for the payment of damages. Nature and scope The law of damages should be defined as constituting of principles regarding the compensation of ...

NY Accident & Health Insurance Licensing Exam Study Guide (2024) || Questions & Answers (100% Correct) NY Accident & Health Insurance Licensing Exam Study Guide (2024) || Questions & Answers (100% Correct) Which section of an insurance policy contains language to assist an insurance company in managing morale and moral hazards - ANSWER - The exclusions The funds assessed to be deposited into the NY Special Disability Fund are deposited with? - ANSWER - The Commissioner of Taxation and Fin...

NEW HAMPSHIRE PROPERTY & CASUALTY QUIZ QUESTIONS WITH COMPLETE SOLUTIONS 100% What is true about controlled forms? - correct answer These forms are usually issued according to published rules and rates When will an insurance company pay damages on behalf of an insured under a CGL policy? - correct answer when the company determines that the insured is legally liable A loss reserving method that establishes aggregate reserves for all claims for a single type of insurance is known as - co...

Property and Casualty Insurance Mastery Exam A Questions and Answers 100% Pass An insured rents a car while on vacation in Canada and causes an accident. Is there coverage under his personal auto policy? - Correct Answer ️️ -The loss is covered under an unendorsed personal auto policy. Under the workers' compensation laws, which of the following would NOT be covered? - Correct Answer ️️ -Heart-related illness resulting from hereditary causes An insurance policy covers fire, will ...

PVL3703 PORTFOLIO MEMO - MAY/JUNE 2024 - SEMESTER 1 - UNISA - DUE 14 MAY 2024 (DETAILED ANSWERS - DISTINCTION GUARANTEED!) QUESTION 1 Lerato while taking her routine morning jog in her neighbourhood was attacked by Jabulani's fierce rottweiler dog, named Butch. Butch charged at Lerato unexpectedly. Lerato, a licensed firearm owner, fearing for her safety shot and killed Butch. Bearing the aforesaid in mind, answer the following questions: 1.1 Discuss with reference to authority if...

5 Dollar Traffic School Exam-Questions and Answers 100% Correct-Latest 2023/2024 5 Dollar Traffic School Exam-Questions and Answers 100% Correct-Latest 2023/2024 What are some types of vehicle technology advancements? dashboards, cell phones, navigation systems, driving techniques, braking systems What is a seat belt pretensioner? Pretensioners automatically tighten the belt to prevent the individual from jerking forward in a collision or at a sudden stop. You no longer have to pull the...