First party claim - Study guides, Class notes & Summaries

LA Life, Health & Accident Insurance Series 103 Practice Exam Questions and Answers Already Passed Under which situation must insurable interest exist between the applicant and insured at the time of application? When a third-party applicant names themselves beneficiary. Which of the following is true about a decreasing term life policy? The face amount reaches zero at policy expiration. Which of the following occurs immediately after the application is submitted and the initial premium paid?...

The insurer and insured agree to a specific value of insured item Correct Answer: Agreed Value Policies Someone who has care, custody or control of another's property Correct Answer: Bailee Claim filed by policy holder against his _ Correct Answer: First Party Claim When a person who entrusts another with an object and it results in injury to someone can be held liable for the injury to someone. Can be held liable for the injury i.e. Firearm or DWI Correct Answer: Negligent Entrust...

CIV3701 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE 26 September 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. Question 1 Answer saved Marked out of 1.00 Flag question Question text Indicate the most accurate statement: a. When a claim for damages is instituted, the plaintiff must prove the guilt of the defendant. b. The Uniform Rules of Court are a common set of rules that uniformly regulate the conduct of the proceedings in the magistrates courts. c. Since the rul...

Missouri Real Estate Exam Questions and Answers 100% Pass The MREC requires the brokers for the buyer and seller to retain legible copies of both buyer's and seller's signed closing statements 3 years By what title is Chapter 339 of the Missouri State Statutes also known? The license law If the buyer and seller are represented by different brokers, it is the responsibility of ________ to deliver, or cause to have delivered, the closing statements. listing broker Broker Kelley took a listin...

OAM 432 Exam 1 Latest Update Graded A+ distributive negotiation A negotiation in which the goals of the negotiating parties are in direct opposition, often involving a single issue zero-sum/fixed-pie structure if someone gets more of the pie, the other by definition gets a smaller portion reservation price point at which you're indifferent to achieving an agreement or walking away (lowest bar) BATNA best alternative to negotiated agreement; best outside option - highest source of leverage i...

TEST FOR ADJUSTER PRO, FLORIDA STUDY(QUESTIONS AND ANSWERS)A+ GRADED EXAM 2023-2024 - CORRECT ANSWER-Subtract the deductible from covered damages to get indemnification - CORRECT ANSWER-6 unique characteristics of insurance policy 1 Contracts of adhesion (court ez win) 2 Utmost good faith 3 aleatory 4 personal 5 Unilateral (only insurer has obligation) 6 Conditional - CORRECT ANSWER-1945 regulate insurance Naic doesn't give benefits to comissioners 90 day to pay hijacking on...

AQA A-level RELIGIOUS STUDIES 7062/2B Paper 2B Study of Religion and Dialogues: Christianity Version: 1.0 Final IB/M/Jun23/E3 7062/2B Monday 19 June 2023 Afternoon Time allowed: 3 hours Materials For this paper you must have: • an AQA 16-page answer book. Instructions • Use black ink or black ball-point pen. • Write the information required on the front of your answer book. The Paper Reference is 7062/2B. • Answer: – both two-part questions from Section A, and – one q...

Stipulation - An agreement between two opposing counsel. Subordination - The procuring of another person to commit perjury. What do you do when a party to a lawsuit andhis attorney request a copy of a transcript? - You send a copy and an invoice. Pro se - Someone who represents himself in a court action. What's the time regarding a court reporter's deadlinefor filing the transcript in a civil case on appeal? - It starts on the date following the filing of the appeal. tete-a-tete - a pri...

US History 1 CLEP (2022/2023) Rated A+ The Line of Demarcation The line by the Pope to dived the world in half. Giving one half to Spain and the other the Portugal. The Spanish convinced to Pope to do this because both countries wanted to colonize but Portugal was the super power of the sea. Treaty of Tordesillas A 1494 agreement between portugal and spain, moving the Line of Demarcation farther west. Henry Clay Engineered the Missouri Compromise The Missouri Compromise of 1820 This maintaine...

Adjuster Pro - Insurance adjuster test latest 2023 already passed What is insurance? protection against financial loss what is a premium a scheduled amount to be paid for an insurance policy. What are premiums used for premiums are collected into a "pool" or "reserve to pay out claimants when needed. how can insurance companies afford to pay for an individuals catastrophic loss? the insurer collects premiums from all policy holders and uses them to pay out the claims of a few. what is Ind...