Property and ca Study guides, Class notes & Summaries

2024 Louisiana Property and Casualty Insurance Exam New Latest Version with All Questions from Actual Exam and 100% Correct Answers

California Property and Casualty Insurance Exam Questions and Answers 100% Pass What is the required rate discount under a Good Driver Discount policy? - Correct Answer ️️ -20% below the rate the insured would have been otherwise charged for the same coverage All the following are authorized activities for the Limited Automobile Insurance Agent EXCEPT if the agent - Correct Answer ️️ -Charges and collects a brokers fee for service What is the procedure for refusing uninsured moto...

Property and Casualty Insurance Licensing Exam (100 Questions)

Driver A has a personal auto policy with Part C: UM/UIM limits of 100/300. He is injured by Driver B who has Part A: Bodily Injury Liability limits of 50/100. It is determined that Driver B is at fault for the accident. Driver A has $125,000 in medical expenses. How much will his Part C: UM/UIM coverage pay? a) $125,000 b) $75,000 c) $50,000 d) $25,000 CORRECT ANSWER c) $50,000 Underinsured motorist coverage acts as excess over the at-fault motorist's coverage. It will pay the d...

Property and Casualty License in ArkansasWhat is Insurance? - correct answer Transfers the risk of loss from individual to insurance co. What is Risk? - correct answer Chance of loss occurring What are 3 types of Hazards? - correct answer Physical, Moral, Morale What is a Peril? - correct answer Causes of loss insured against What does Indemnify mean? - correct answer Right for Reimbursement but only to the extent of the loss. Cannot gain from loss. Define Subrogation - correct an...

SOUTH CAROLINA PROPERTY AND CASUALTY INSURANCE EXAM NEWEST VERSION ACTUAL 170 QUESTION AND CORRECT DETAILED VERIFIED ANSWERS FROM VERIFIED SOURCES RATED A GRADE.

GEORGIA PROPERTY AND CASUALTY INSURANCE EXAM QUESTIONS AND DETAILED ANSWERS VERIFIED BY EXPERTS|FREQUENTLY TESTED QUESTIONS|A GRADED|ACCURATE ACTUAL EXAM|GUARANTEED PASS|LATEST UPDATE 2024

LOUISIANA PROPERTY AND CASUALTY INSURANCE EXAM 2024 | ACCURATE 2 CURRENTLY TESTING REAL EXAM WITH STUDY GUIDE | ACTUAL WITH EXPERT VERIFIED QUESTIONS AND ANSWERS WITH RATIONALES | GUARANTEED PASS

CA Property and Casualty Insurance Practice Exam Questions and Answers (75 Questions) Latest 2024

The Occurrence form it doesn't matter when the loss is reported, but the date the loss occurred must be during the policy period. The Supplemental Extended Reporting Period The cost of the endorsement may be up to 200% of the CGL's annual premium. This is a one-time charge and is fully earned at issuance. Product liability would cover Product liability applies to bodily injury the product causes away from the insured's premises. A customer contracting food poisoning is a perf...