Coins and medals - Study guides, Class notes & Summaries

State Farm Policy Exam Questions With 100% Correct Answers What are Special Limits of Liability? - answerThese limits do not increase the Coverage B limit. The special limit for each of the following categories is the total limit for each loss for all property in that category: money, coins and medals, including any of these that are a part of a collection, and bank notes; - answer$200 property used or intended for use in a business, including merchandise held as samples or for sale or f...

Loan-to-Value Ratio (LTV) - ANSWER The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - ANSWER Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - ANSWER Covers more than one piece of property. Wraparound Mortgage - ANSWER Method of financing whi...

State Farm Policy Exam Questions With 100% Correct Answers What are Special Limits of Liability? - answerThese limits do not increase the Coverage B limit. The special limit for each of the following categories is the total limit for each loss for all property in that category: money, coins and medals, including any of these that are a part of a collection, and bank notes; - answer$200 property used or intended for use in a business, including merchandise held as samples or for sale or f...

State Farm Policy Exam Questions And Answers What are Special Limits of Liability? - ANS These limits do not increase the Coverage B limit. The special limit for each of the following categories is the total limit for each loss for all property in that category: money, coins and medals, including any of these that are a part of a collection, and bank notes; - ANS $200 property used or intended for use in a business, including merchandise held as samples or for sale or for delivery...

What are Special Limits of Liability? - CORRECT ANSWER-These limits do not increase the Coverage B limit. The special limit for each of the following categories is the total limit for each loss for all property in that category: money, coins and medals, including any of these that are a part of a collection, and bank notes; - CORRECT ANSWER-$200 property used or intended for use in a business, including merchandise held as samples or for sale or for delivery after sale - CORRECT ANSWER-...

Loan-to-Value Ratio (LTV) - ANSWERSThe percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - ANSWERSIncludes both real and personal property ( fixtures and furnishings) Blanket Mortgage - ANSWERSCovers more than one piece of property. Wraparound Mortgage - ANSWERSMethod of financin...

What are Special Limits of Liability? - ANSWERSThese limits do not increase the Coverage B limit. The special limit for each of the following categories is the total limit for each loss for all property in that category: money, coins and medals, including any of these that are a part of a collection, and bank notes; - ANSWERS$200 property used or intended for use in a business, including merchandise held as samples or for sale or for delivery after sale - ANSWERS$1,000 - This coverage is ...

Loan-to-Value Ratio (LTV) The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage Covers more than one piece of property. Wraparound Mortgage Method of financing which preserves th...

State Farm Policy Question and answers 2023 verified to pass What are Special Limits of Liability? - correct answer These limits do not increase the Coverage B limit. The special limit for each of the following categories is the total limit for each loss for all property in that category: money, coins and medals, including any of these that are a part of a collection, and bank notes; - correct answer $200 property used or intended for use in a business, including merchandise hel...

What are Special Limits of Liability? - ANSWER-These limits do not increase the Coverage B limit. The special limit for each of the following categories is the total limit for each loss for all property in that category: money, coins and medals, including any of these that are a part of a collection, and bank notes; - ANSWER-$200 property used or intended for use in a business, including merchandise held as samples or for sale or for delivery after sale - ANSWER-$1,000 - This coverage is ...