Crop hail insurance - Study guides, Class notes & Summaries

In Return for premium, and insurance company must.. - Answer Be Fair in underwriting and pay covered losses In return for premium, an insurance company must be fair and impartial in underwriting of risks and must pay claims made for all covered losses. The part of a policy that clarifies terms in the policy is the - Answer Definitions The valued policy statute applies in which of the following events? - Answer In the event of a total loss by fire to a one or two family residential...

______ hours of continuing education a are required for crop insurance ever 2 years. - 24 ______hours of the continued education are required to be in Ethics. - 3 A buisness entity acting as an insurance producer is required to - Obtain an insurance producer license A condition that creates or increases the probability of a loss - Hazzard A grass crop that has a smaller seed, typically refers to wheat, rice, oats, barley, etc. - Small Grain A license may not be renewed or a new license iss...

New York Adjuster Exam Questions and Answers Graded A+. The insured has moved into a dwelling that was being build and was covered by the "Dwelling Under Construction" endorsement. How long does the insured have to report his / her occupancy to the insurance company? 30 days When a New York Homeowners policy is still in the 60-day underwriting period, the insurer may cancel it for any reason by providing a ______ notice. 30 day Personal property that is covered under the Personal Property...

The insured has moved into a dwelling that was being build and was covered by the "Dwelling Under Construction" endorsement. How long does the insured have to report his / her occupancy to the insurance company? Answer - 30 days When a New York Homeowners policy is still in the 60-day underwriting period, the insurer may cancel it for any reason by providing a ______ notice. Answer - 30 day Personal property that is covered under the Personal Property Replacement Cost Endorsement is dama...

New York Adjuster Exam Questions and Answers Latest 2024 Graded A+. The insured has moved into a dwelling that was being build and was covered by the "Dwelling Under Construction" endorsement. How long does the insured have to report his / her occupancy to the insurance company? 30 days When a New York Homeowners policy is still in the 60-day underwriting period, the insurer may cancel it for any reason by providing a ______ notice. 30 day Personal property that is covered under the Perso...

New York Adjuster Exam Questions and Answers Graded A+ (2024/2025) The insured has moved into a dwelling that was being build and was covered by the "Dwelling Under Construction" endorsement. How long does the insured have to report his / her occupancy to the insurance company? 30 days When a New York Homeowners policy is still in the 60-day underwriting period, the insurer may cancel it for any reason by providing a ______ notice. 30 day Personal property that is covered under the Person...

Principles 1 Real Estate Champion School Questions and Answers Already Passed What are the 4 economic Characteristics of land 1,Scarcity, 2, Modification, 3,Fixity 4, Situs Scarcity Supply and demand, When there is shortage of something that and individual wants the price goes up. Situs The location of the property or land from an economic not geographic viewpoint. Preference people have based on location. Location Location Location.... Ad Valorem Taxes Taxes on real properties...

TEXAS Adjuster License Test with Latest Questions and Expert Answers Professional Liab: Occurrence Policy ANSWER -covers liability for occurrences happening during policy period -covers after term expires if occurrence was during policy period Crop Insurance-Agricultural Producer (Farmer) ANSWER business that grows/sells crops for a profit Crop Insurance- Definition ANSWER insurance that covers losses to a crop's profitability 2 types: 1) crop yield 2) crop revenue Crop Insurance...

Oklahoma Insurance Licensing Exam Questions with Verified Solutions All of the following are categories of a limited insurance license EXCEPT 1) crop insurance 2) variable life insurance 3) credit life insurance 4) travel insurance 2) variable life insurance What term best describes the act of withholding material information that would be crucial to an underwriting decision? 1) concealment 2) withholding 3) leading 4) breach of warranty 1) concealment Johanna purchased a National F...

New York Adjuster Exam Questions and Answers Graded A+. The insured has moved into a dwelling that was being build and was covered by the "Dwelling Under Construction" endorsement. How long does the insured have to report his / her occupancy to the insurance company? 30 days When a New York Homeowners policy is still in the 60-day underwriting period, the insurer may cancel it for any reason by providing a ______ notice. 30 day Personal property that is covered under the Personal Property...