Surplus lines - Study guides, Class notes & Summaries
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Michigan Surplus Lines Insurance Exam Prep Questions and Answers
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Michigan Surplus Lines Insurance Exam Prep Questions and Answers
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PA Surplus Lines Exam Prep Questions and Answers
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PA Surplus Lines Exam Prep Questions and Answers
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WA Surplus Lines Broker Exam Questions And Answers Graded A+
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WA Surplus Lines Broker Exam Questions And Answers Graded A+ 
 
When are you required to file premium tax return for the previous calendar year by? 
March 1st 
What does statutory accounting mean? 
Rules state that certain assets are non-admitted (don't count) as you can't pay claims with them. 
Bonds rated ___________ and higher are considered investment grade. 
1 & 2 
What does IBNR stand for? 
Incurred but not reported 
True or false, individuals whose Surplus Line Brokers license was activ...
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AINS 101 Questions With 100% Accurate Review Solution Answers 2023-2024
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AINS 101 Questions With 100% Accurate Review Solution Answers 
 
Which of the following is an example of a legal requirement for individuals that could be met through 
insurance? 
a. contributing to the growth of the organization 
b. paying for losses 
c. obtaining personal auto insurance 
d. providing a source of investment funds - ANS-c. obtaining personal auto insurance 
A fire destroys the kitchen in Rob and Laurie's home. Which insurance policy would provide coverage for 
the damage? 
a...
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SC Insurance Brokers Exam Surplus Lines Insurance Broker - Series 19-26 Questions and Answers
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Resident Licensing Requirements 
o :## 1. Be licensed as a resident property and casualty insurance producer. 
o 2. Pass the SC broker licensing examination with 70% or better. 
o 3. Pay a biennial fee of $200 
o 4. File surety bond in favor of SC in amount of $10,000. 
Nonresident Licensing Requirements 
o :## 1. File application on form prescribed by the director. 
o 2. File affidavit stating insurance on a risk in this state will only be placed with 
licensed agents of insurers licensed to o...
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Surplus Lines Exam Questions and Answers (Graded A)
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Surplus Lines Exam Questions and Answers
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WA Surplus Lines - Property Terms Part 1 Questions And Answers Graded A+ | Complete Solutions
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WA Surplus Lines - Property Terms Part 1 Questions And Answers Graded A+ | Complete Solutions
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NJ Title Insurance Exam updated 2023/24 Reloaded| 100% verified
- Exam (elaborations) • 17 pages • 2023
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NJ Title Insurance Exam updated 2023/24 Reloaded| 100% verified 
 
In 1869 in Paul vs Virginia case the the US Supreme Court ruled that insurance? - Was not interstate Commerce. 
In 1944, in the South-Eastern Underwritters Association (SEUA) case, the U.S. Supreme Court ruled that insurance? - Was interstate commerce and was subject to Federal regulation. 
The McCarran-Ferguson Act of 1945 states that individual states are subject to the authority of the? - Federal Government 
Activitie...
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Surplus Lines Licensing Exam with correct Answers 2024
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Surplus Lines Licensing Exam
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KY Property & Casualty Insurance Exam 2024 with 100% correct answers
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Faulty wiring in a home is an example of a: 
a) loss 
b) peril 
c) risk 
d) hazard - correct answer Hazard 
 
When a person buys insurance what method of handling risk has been undertaken? 
a) transfer 
b) reduction 
c) avoidance 
d) retention - correct answer Transfer 
 
In property and casualty insurance, insurable interest must exist: 
a) at the time a change is made to a policy 
b) at the time of policy application 
c) at the time of loss 
d) at the time of policy solicitation - correct...
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