Louisiana pc - Study guides, Class notes & Summaries

LOUISIANA P&C STATE EXAMINATION QUESTIONS & ANSWERS 100% CORRECT LOUISIANA P&C STATE EXAMINATION QUESTIONS & ANSWERS 100% CORRECT LOUISIANA P&C STATE EXAMINATION QUESTIONS & ANSWERS 100% CORRECT LOUISIANA P&C STATE EXAMINATION QUESTIONS & ANSWERS 100% CORRECT . A business entity acting as a claims adjuster is required to obtain a claims adjuster license. Application shall be made using what application? - ANSWER-Uniform business entity application These required steps below represent what...

Individual Producer correct answers18 yrs, reside in La,passed exam Business Entity correct answersCorporation or Partnership. Must have license to transact insurance within the business Temporary LIcense correct answersgood for up to 180 days License Renewal correct answersEvery two years on the last day of you birth month 30 days correct answersnotify the commisioner of name change, address or phone number 10 days correct answersunapproved trade names or assumed names must stop ...

The one who receives the authority to act on behalf of someone else? - ANSWERSAgent what does a sale's agent receive authority for? - ANSWERSto sell An insurance agent receives authority to what? - ANSWERSSettle claims brought against the insurer How do agents receive their authority? - ANSWERSwritten contract What is the power to bind? - ANSWERSan agent's authority can bind: -what an agent says or does can bind insurer -agents should take the utmost care in what they say or d...

LOUISIANA P&C STATE EXAMINATION QUESTIONS AND ANSWERS 100% CORRECTLOUISIANA P&C STATE EXAMINATION QUESTIONS AND ANSWERS 100% CORRECTLOUISIANA P&C STATE EXAMINATION QUESTIONS AND ANSWERS 100% CORRECT . A business entity acting as a claims adjuster is required to obtain a claims adjuster license. Application shall be made using what application? - ANSWER-Uniform business entity application These required steps below represent what type of adjustor's license application? * *An adjust...

The one who receives the authority to act on behalf of someone else? - ANSWERSAgent what does a sale's agent receive authority for? - ANSWERSto sell An insurance agent receives authority to what? - ANSWERSSettle claims brought against the insurer How do agents receive their authority? - ANSWERSwritten contract What is the power to bind? - ANSWERSan agent's authority can bind: -what an agent says or does can bind insurer -agents should take the utmost care in what they say or d...

The one who receives the authority to act on behalf of someone else? Agent what does a sale's agent receive authority for? to sell An insurance agent receives authority to what? Settle claims brought against the insurer How do agents receive their authority? written contract What is the power to bind? an agent's authority can bind: -what an agent says or does can bind insurer -agents should take the utmost care in what they say or do -even if insure makes mistakes, the insurer may hav...

Louisiana P&C Adjuster Exam Prep Questions With 100% Correct!!

The one who receives the authority to act on behalf of someone else? - ANSWERSAgent what does a sale's agent receive authority for? - ANSWERSto sell An insurance agent receives authority to what? - ANSWERSSettle claims brought against the insurer How do agents receive their authority? - ANSWERSwritten contract What is the power to bind? - ANSWERSan agent's authority can bind: -what an agent says or does can bind insurer -agents should take the utmost care in what they say or d...

Which one of the following statements about insurance contracts is true? - ANSWER-They are personal contracts because they insure people, not property. Insurance policies are considered to be unilateral - ANSWER-because only the insurance company is legally bound to perform its part of the agreement. While both the insured and the insurer must give consideration, it need not be equal. The policy provisions are prepared by the insurer, with little or no input from the insured Which part of ...

. A business entity acting as a claims adjuster is required to obtain a claims adjuster license. Application shall be made using what application? - ANSWER-Uniform business entity application These required steps below represent what type of adjustor's license application? * *An adjuster seeking what type of License** (1) Is eligible to designate this state as his home state or is a nonresident who is not eligible for a license (2) Has not committed any act that is a ground fo...