Property damage - Study guides, Class notes & Summaries

PVL3701 PORTFOLIO MEMO - MAY/JUNE 2024 - SEMESTER 1 - UNISA - DUE DATE :- 24 MAY 2024 (DETAILED ANSWERS WITH FOOTNOTES AND BIBLIOGRAPHY - DISTINCTION GUARANTEED!) Question 1 [54 Marks; ±120 Minutes] Unathi owns a smallholding in KwaZulu Natal. Her property is adjacent to Luyo’s smallholding, where he operates a nursery specialising in different Agapanthus flower bulb varieties. Unathi and Luyo have been neighbours for many years and have a good relationship. Upon negotiation bet...

Florida Personal Lines Exam Questions and Answers 100% VerifiedFlorida Personal Lines Exam Questions and Answers 100% VerifiedFlorida Personal Lines Exam Questions and Answers 100% VerifiedFlorida Personal Lines Exam Questions and Answers 100% Verified Under Part A of a Personal Auto Policy, which of the following losses would be covered? A.) Damage to property being transported by the insured B.) Damage to a neighbor's parked car C.) Damage to a neighbor's lawn mower in the care of ...

PVL3701 PORTFOLIO MEMO - MAY/JUNE 2024 - SEMESTER 1 - UNISA - DUE DATE :- 24 MAY 2024 (DETAILED ANSWERS WITH REFERENCES - DISTINCTION GUARANTEED!) Question 1 [54 Marks; ±120 Minutes] Unathi owns a smallholding in KwaZulu Natal. Her property is adjacent to Luyo’s smallholding, where he operates a nursery specialising in different Agapanthus flower bulb varieties. Unathi and Luyo have been neighbours for many years and have a good relationship. Upon negotiation between Unathi and ...

Transferring the risk to an insurance company is known as what? - Answer- Insurance When the insured request to have the company change a condition or provision in an insurance policy the document attach to the policy is referred to as what? - Answer- Endorsement George and Sandy only home which was damaged by fire who has insurable interest - Answer- George and Sandy What is the most common loss settlement valuation in the property policies? - Answer- Actual cash value The insurance...

1. One of the significant causes of leaks in underground liquid storage systems is ____________ ________________ - Answer- Improper Installation 2. Written Plans are required to - Answer- obtain permits, solicit bids, and provide precise guidance for installers. 3. The plans should - Answer- Describe the property, identify the size and location of the tanks, indicate the liquids to be stored and provide the location of the dispensers and piping. 4. Storage systems discussed in this reco...

A building had been vacant for 60 days, and the insurer didn't know about it, when it sustained 100K, 5K, and 1K losses due to windstorm, theft, and sprinkler leakage, respectively. What amount is covered under CPP? - 85K, 0, and 0. If a building is vacant for 60 or more consecutive days before the loss, they won't pay for any loss caused by vandalism, sprinkler leakage, building glass breakage, water damage, theft, or attempted theft... otherwise you'll only get 85% Various building de...

Louisiana Property and Casualty Exam Questions and Answers Already Passed Should 2 or more insurers issue a combined Standard Fire Policy insuring a single risk, in the event of a loss, the insured must notify Any of the insurers providing coverage. The policy conditions define How parties to the contract must act following a loss. Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT ...

Arkansas P&C Exam. 103 Questions with 100% Correct Answers | Verified | Updated 2024. The major portion of the premium for an equipment breakdown policy pays -For repairs after a loss. -For coverage for bodily injury and property damage of others. -For replacement parts. -For inspections and examinations. For inspections and examinations. #3. The party to a surety or fidelity bond who promises to fulfill the obligation is the a) Principal. b) Custodian. c) Surety. d) Obligee. ...

Nicet Level 1 - Water Based Layout Practice Questions and Answers 100% Pass Toggle hangers shall be permitted only for the support of pipe __________ inches or smaller in size under ceilings of hollow tile or metal lath and plaster. - Answer-1 2/2 in. (ref. NFPA 13 2016 Sec. 9.2.1.1.2. While conducting a flow test, the chosen hydrant should be ______ - Answer-As close to the property where the sprinkler system is being installed. (Ref, NFPA 13 Sec. A.24.2.2. or NFPA 291) What formula is ...

Well-structured MAC3703 Assignment 2 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). . (DETAILED ANSWERS - DISTINCTI ON GUARANTEED!). QUESTION 1 (20 MARKS) DNF Waste & Environmental Services (DNF) is an Environmental Management and Waste Management Services Company that was created in 2008. It is one of the leading waste and environmental management service providers in South Africa. DNF is a 100% Black woman owned business and is a Level 1 Val...