Ca property - Study guides, Class notes & Summaries

CA PROPERTY AND CASUALTY INSURANCE PRACTICE EXAM

CA Property and Casualty Insurance Practice Exam Questions with 100% Correct Answers | Updated & Verified

CA property & Casualty practice exam Questions and Answers 100% Pass Bob is thinking about obtaining insurance because he just found out he needs extensive surgery that will require several days in the hospital. This situation of waiting until the last minute to obtain insurance is known as: - Correct Answer ️️ -Adverse Selection According to the California insurance law, either party may rescind a contract for any of the following reasons EXCEPT: - Correct Answer ️️ - - Correct A...

CA property & Casualty practice exam

CA Property and Casualty Insurance Practice Exam Questions and Answers 100% Pass Which of the following is TRUE regarding who qualifies for coverage under the California Fair Access to Insurance Requirements plan? 1. Any person who is unable to obtain basic property insurance through normal channels. 2. Any person who qualifies will receive superior coverage to other forms of property insurance. 3. Any person who does NOT have an insurable interest in a property can participate in the...

Bob is thinking about obtaining insurance because he just found out he needs extensive surgery that will require several days in the hospital. This situation of waiting until the last minute to obtain insurance is known as: - ANSWER Adverse Selection According to the California insurance law, either party may rescind a contract for any of the following reasons EXCEPT: - ANSWER - ANSWER One party intentionally omits information from the other party. - ANSWER If a representation is...

Purpose of a Preliminary Inquiry : Gather and record all available information relative to a specific matter. PI : Preliminary Inquiry CA : Convening Authority CA Response to an Incident : Determine whether it is a major incident. Coordinate with law enforcement. Appoint an individual to conduct the preliminary inquiry. GCMCA : General Court Martial Convening Authority 2 Major Incident : An extraordinary incident occurring during the course of official duties resulting in: Multipl...

CA Property & Casualty Exam Questions and Answers 100% Pass Contributory Plan - Correct Answer ️️ -Used in a group Insurance. Employee and employers share in the paying of premiums DP-1,DP-2, DP-3 All 3 dwelling forms cover? - Correct Answer ️️ -Loss of rental income Comparative Negligence - Correct Answer ️️ -You can file a claim, but damages are reduced based on that party's negligence. What has a single limit? - Correct Answer ️️ -Property Damage. Ordinance or law - ...

CA Property and Casualty Insurance Practice Exam Questions and Answers 100% Pass Which of the following is TRUE regarding who qualifies for coverage under the California Fair Access to Insurance Requirements plan? 1. Any person who is unable to obtain basic property insurance through normal channels. 2. Any person who qualifies will receive superior coverage to other forms of property insurance. 3. Any person who does NOT have an insurable interest in a property can participate in the...

PSI CA Property and Casualty Practice Examination 2024 Questions with 100% Correct Answers | Updated & Verified