Nj personal lines - Study guides, Class notes & Summaries

NJ Title Insurance Exam with Correct and Verified Solution A deed recorded in Maryland conveys Greenacre to Frank for life and at his death to Jane, her personal representative and assigns the interest vested in Frank and Jane by this deed are commonly referred to as A. Fee simple B. Life estate remainder C. Free hold and non-freehold D. Vested life estate and contingent remainder - CORRECT ANSWER-B. Life estate remainder What is MAHT? A. Maryland Administration Household Training...

NJ Life Insurance Exam Study Set 1 Correct answers latest update What organization protects persons against failure of life and health insurance policies and annuity contracts because of the impairment or insolvency of the insurer? Select one: a. PPACA b. New Jersey Insurance Board c. New Jersey Insolvency Protection Board d. New Jersey Life and Health Guaranty Association d. New Jersey Life and Health Guaranty Association The United States v. South-Eastern Underwriters Association d...

Professional liability policies protect against liability resulting from A. Errors and Omissions Page 46 Mini-Tail or Extended. Page 60 B. 60 Days after expiration date Not an exclusion under auto physical damage selection. Page 28 C. Carpools Not a covered territory in the personal auto policy. Page 25 C. Mexico Which is covered under other than collision section of your auto policy. Page 26 A. Hail damage to your car Nationwide Marine Define classifies risks can be written. Page 9...

Nj Property and Casualty Insurance Exam 2023 Questions and Answers 100% VerifiedNj Property and Casualty Insurance Exam 2023 Questions and Answers 100% VerifiedNj Property and Casualty Insurance Exam 2023 Questions and Answers 100% Verified Aleatory Contract - ANSWER-Insurance policy is based upon uncertainty of a loss, equal value is not given by the parties to the contract. Utmost Good Faith - ANSWER-Parties to the contract rely upon the integrity of one another. Insuring Agreement - AN...

To be issued a business entity producer license by the commissioner the business entity must have how many partners or officers licensed as producers atleast 1 The occurence form trigger is based on which of the following? the date where injury and damage occur How are surety bonds different from insurance? Surety bonds guarantee specific duties or obligations will be fulfilled and insurance pays for losses What is the deductible of a personal liability umbrella policy called? The SIR - s...

Professional liability policies protect against liability resulting from - ANSWER A. Errors and Omissions Page 46 Mini-Tail or Extended. Page 60 - ANSWER B. 60 Days after expiration date Not an exclusion under auto physical damage selection. Page 28 - ANSWER C. Carpools Not a covered territory in the personal auto policy. Page 25 - ANSWER C. Mexico Which is covered under other than collision section of your auto policy. Page 26 - ANSWER A. Hail damage to your car Nationwide Mar...

NJ Title Insurance Exam with Correct and Verified Solution A deed recorded in Maryland conveys Greenacre to Frank for life and at his death to Jane, her personal representative and assigns the interest vested in Frank and Jane by this deed are commonly referred to as A. Fee simple B. Life estate remainder C. Free hold and non-freehold D. Vested life estate and contingent remainder - CORRECT ANSWER-B. Life estate remainder What is MAHT? A. Maryland Administration Household Training...

Nj Property and Casualty Insurance Exam with Complete Solutions, Latest Answers 2023, Graded A+ . Aleatory Contract Insurance policy is based upon uncertainty of a loss, equal value is not given by the parties to the contract. Utmost Good Faith Parties to the contract rely upon the integrity of one another. Insuring Agreement The section of an insurance policy containing the insurer's promise to pay, the description of coverage provided and perils insured against. Conditions The right...

Nj property and Casualty Insurance Exam With 100% Correct Answers 2023 Aleatory Contract - Correct Answer-Insurance policy is based upon uncertainty of a loss, equal value is not given by the parties to the contract. Utmost Good Faith - Correct Answer-Parties to the contract rely upon the integrity of one another. Insuring Agreement - Correct Answer-The section of an insurance policy containing the insurer's promise to pay, the description of coverage provided and perils insured against...

NJ Boating License Exam With 100% Correct Answers 2023 Bow Front of a vessel Stern Rear of a vessel Starboard Right side of a vessel Port Left side of a vessel Hull Body of a vessel Gunwale Upper edge of vessel's side (generally pronounced "gunnel") Cleat Metal fitting on which a rope can be fastened Propeller Rotates and powers a boat forward or backward Beam Maximum width of a vessel Freeboard Distance from water to l...