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LA Claims Adjuster Property and Causality Practice Exam 2 |209 Questions| With Complete Solutions!!

Insurable Interest - ______in the property and would suffer a financial loss if the property were damaged by an insured peril, their family members (names need not be listed in the policy), and others such as a lien holder, for example, the bank that holds the mortgage on a house. Cause of Loss Forms - ____establish and define the causes of loss (or perils) for which coverage is provided under the form. (Please do not confuse the "cause of loss" forms with the "proof of loss" form, which ...

LA Claims Adjuster Property and Causality Practice Exam 1 Questions and Answers 100% CorrectLA Claims Adjuster Property and Causality Practice Exam 1 Questions and Answers 100% CorrectLA Claims Adjuster Property and Causality Practice Exam 1 Questions and Answers 100% Correct Insurable Interest - ANSWER-______in the property and would suffer a financial loss if the property were damaged by an insured peril, their family members (names need not be listed in the policy), and others such as a lien...

LA CLAIMS ADJUSTER PROPERTY AND CAUSALITY PRACTICE EXAM 2

In a commercial general liability policy medical payment pay for medical expenses correct answers Without regard to fault Which type of insurance protection guarantees protection against legal liability from any risk arising from the ownership, maintenance, or use correct answers Professional liability In PA, what is the minimum amount required for damages for liability to cover motor vehicles accidents? correct answers a. 15K, 30K, 5K Under an equipment breakdown coverage form, a break...

California Property and Causality Practice Exam With 100% Correct Answers 2024

When can a person who sells real property require the use of a specific insurance agent, broker or solicitor? 1. As a condition precent to the sale of such real property. 2. When a buyer's credit score is below the lender's threshold. 3. A buyer is always able to choose their own insurance representative. 4. When it is required by local municipal regulation. CORRECT ANSWER A buyer is always able to choose their own insurance representative. Unless otherwise specified in the in...

LA Claims Adjuster Property and Causality Practice Exam 2 Rated A $300,000. The minimum liability amount per occurrence for bodily injury and property damage claims available under the BOP is: : The Insurer An insured carries aircraft liability coverage with "admitted aircraft liability coverage." Who negotiates the payment of the claim if a passenger is injured in an accident? : The Ship Owner. Whose responsibility is it to see that a ship is seaworthy? "specialty" Ocean Marine ...

LA Claims Adjuster Property and Causality Practice Exam 1 Questions and Answers 100% Pass Insurable Interest - Answer- ______in the property and would suffer a financial loss if the property were damaged by an insured peril, their family members (names need not be listed in the policy), and others such as a lien holder, for example, the bank that holds the mortgage on a house. Cause of Loss Forms - Answer- ____establish and define the causes of loss (or perils) for which coverage is provi...

LA Claims Adjuster Property and Causality Practice Exam 1 Questions and Answers 100% Pass Insurable Interest - Answer- ______in the property and would suffer a financial loss if the property were damaged by an insured peril, their family members (names need not be listed in the policy), and others such as a lien holder, for example, the bank that holds the mortgage on a house. Cause of Loss Forms - Answer- ____establish and define the causes of loss (or perils) for which coverage is provi...