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Nevada Property and Casualty Test | Questions with 100% Correct Answers | Verified | Latest Update 2024 | 65 Pages
- Exam (elaborations) • 65 pages • 2023
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A insurance binder is effective for no more than - 90 Days 
Mr. Underwood gave his agent a down payment for the purchase of a business insurance policy. The 
insurance company issued a policy that promises to pay Mr. Underwood under terms and conditions 
stated in the policy. What specific term is used to refer to Mr. Underwood's payment and the insurance 
company's promise to pay? - Consideration 
Which of the following structures is not eligible for flood insurance? 
A. Anita's mobile home ...
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Nevada Property and Casualty Test | Questions with 100% Correct Answers | Verified | Latest Update 2024 | 35 Pages
- Exam (elaborations) • 35 pages • 2023
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A unique feature in a bailee form is that it covers 
A. A loss that has no exclusions 
B. The building occupied by the insured whether it is owned or leased 
C. Customers property whether or not the insured has been negligent 
D. Fire and theft losses to the insured stock held for sale without any deductibles. - C 
What is a certificate of insurance 
A. Written document allowing the insured to inspect the insured's books 
B. A written document showing to types and amounts of insurance that have...
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Nevada Property and Casualty Correct Questions & Answers
- Exam (elaborations) • 46 pages • 2023
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A insurance binder is effective for no more than - ANSWER 90 Days 
 
Mr. Underwood gave his agent a down payment for the purchase of a business insurance policy. The insurance company issued a policy that promises to pay Mr. Underwood under terms and conditions stated in the policy. What specific term is used to refer to Mr. Underwood's payment and the insurance company's promise to pay? - ANSWER Consideration 
 
Which of the following structures is not eligible for flood insurance? 
A. Anita...
-
Nevada Property and Casualty
- Exam (elaborations) • 46 pages • 2023
-
- $11.99
- + learn more
A insurance binder is effective for no more than - ANSWER 90 Days 
 
Mr. Underwood gave his agent a down payment for the purchase of a business insurance policy. The insurance company issued a policy that promises to pay Mr. Underwood under terms and conditions stated in the policy. What specific term is used to refer to Mr. Underwood's payment and the insurance company's promise to pay? - ANSWER Consideration 
 
Which of the following structures is not eligible for flood insurance? 
A. Anita...
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