Standard deductible 500 - Study guides, Class notes & Summaries

Michigan P & C Insurance Exam Test. Questions and answers. 100% Verified. Rated A Termination of Insurance for auto and home must be sent to last know address no later than - 30 days before cancellation Termination of casualty insurance cannot take place until- from the mailing date - 10 days PIP in auto insurance covers individual care from a family member for - a limit of $20 a day for three years limited collision - shall pay for collision damage to the insured vehicle without a...

The FAJUA is composed of: - Answer All companies licensed to write auto insurance in Florida A coverage that is similar to premises and operations coverage in the Commercial General Liability Policy covering bodily injury and property damage liability for aviation risks is defined as: - Answer Airport and Air Meet Liability Homeowners HO-3 policy - severe theft loss. Coverage A limit is $100,000. Insured losses include $25,000 furniture, clothing and other ordinary personal property ...

The Citizen Insurance standard deductible for a mobile home homeowner is: correct answers$500/2% hurricane Medicare supplement insurance is returnable within____of purchase for a full refund. correct answers30 days All of the following are typical health insurance exclusions, except: a. mental illness b. accidental injury c. war d. childbirth correct answersb. accidental injury Which is not Aviation policy named peril? a. fire b. windstorm c. theft d. weight of ice and snow ...

Florida Property & Casualty Insurance Exam Questions and Answers 100% Pass The FAJUA is composed of: - Correct Answer ️️ -All companies licensed to write auto insurance in Florida A coverage that is similar to premises and operations coverage in the Commercial General Liability Policy covering bodily injury and property damage liability for aviation risks is defined as: - Correct Answer ️️ -Airport and Air Meet Liability Homeowners HO-3 policy - severe theft loss. Coverage A limit...

The FAJUA is composed of: CORRECT ANSWER All companies licensed to write auto insurance in Florida A coverage that is similar to premises and operations coverage in the Commercial General Liability Policy covering bodily injury and property damage liability for aviation risks is defined as: CORRECT ANSWER Airport and Air Meet Liability Homeowners HO-3 policy - severe theft loss. Coverage A limit is $100,000. Insured losses include $25,000 furniture, clothing and other ordinary personal pro...

Florida Property & Casualty Insurance Exam Questions and Answers 100% Pass The FAJUA is composed of: - Correct Answer ️️ -All companies licensed to write auto insurance in Florida A coverage that is similar to premises and operations coverage in the Commercial General Liability Policy covering bodily injury and property damage liability for aviation risks is defined as: - Correct Answer ️️ -Airport and Air Meet Liability Homeowners HO-3 policy - severe theft loss. Coverage A limit...

Florida 240 Practice Exam Questions and Answers with Verified Solutions A medical expense policy that establishes the amount of benefit paid based upon the prevailing charges which fall within the standard range of fees normally charged for a specific procedure by a doctor of similar training and experience in that geographic area is known as Usual, customary and reasonable What provision would prevent an insurance company from paying a reimbursement claim to someone other than the policyowner...

Florida Property and Casualty Insurance 10The FAJUA is composed of: - ANSWER All companies licensed to write auto insurance in Florida A coverage that is similar to premises and operations coverage in the Commercial General Liability Policy covering bodily injury and property damage liability for aviation risks is defined as: - ANSWER Airport and Air Meet Liability Homeowners HO-3 policy - severe theft loss. Coverage A limit is $100,000. Insured losses include $25,000 furniture, clothing ...

All are true about a BOP EXCEPT: Correct Answer Answer: 100% coinsurance is required True: Vandalism is not covered after 60 days vacancy,Liability coverage is excess over any other insurance that applies,Advance notice must be sent on cancellation or non-renewal Explanation: The BOP does contain replacement cost coverage, but with an 80% coinsurance requirement. The policy contains an automatic inflation guard feature, so coinsurance penalties are rare. On a BOP, hired and non-owned a...

What kind of retirement plan can a 75-employee for profit corporation establish? - ANSWER-Simple IRA The taxable portion of a monthly income benefit paid during the annuity phase from a nonqualified annuity is calculated using the - ANSWER-Exclusion ratio Unfair claims settlement methods and practices by an insurance company include all of the following acts EXCEPT - ANSWER-failure to pay all claims that are reported within 90 days after a loss occurs The settlement option that allows p...