Assumption clause - Study guides, Class notes & Summaries

NSCA-CPT EXAM QUESTIONS AND ANSWERS 100% VERIFIED 2024 What 3 things should happen during the initial interview? - answerAssess compatibility Develop goals Client-trainer agreement When should the health appraisal occur? - answerAfter the initial interview and before referral/medical clearance What are the parts of the health appraisal? - answerPAR-Q Informed consent Release/assumption of risk What are the 5 things included in an informed consent? - answerDescription of program Risks ...

Property and Casualty Insurance Licensing Exam Questions & Revised Correct Answers. Guarantee Pass!! To prevent recovery beyond the amount of the insured's actual loss, the policy will contain: - ANSWER : An Other Insurance Clause Collision coverage of an auto policy covers: a) road damage to the tires b) upset of the vehicle c) frozen engine block d) falling objects - ANSWER : B) upset of the vehicle The maximum amount of payable for all losses resulting from one event is kn...

MA Real Estate Pre-license Study Guide Rated A+ Acceleration Clause The clause in a mortgage that can be enforced to make the entire debt due if the mortgage defaults on any covenant in the mortgage Accession Acquiring land from deposit of soil washed up from a river, lake or ocean Ad Valorem Tax A tax levied "according to value". Refers to real estate taxes in relation to value assessed on the property for tax purposes Alienation The transferring of property to another. Allodial system La...

GEORGIA PROPERTY & CASUALTY INSURANCE EXAM (LATEST 2024/ 2025 UPDATE) QUESTIONS AND VERIFIED ANSWERS| 100% CORRECT| GRADE A Q: Once an injured employee has received benefits provided under workers' compensation, that employee may not file a suit against her employer to gain additional benefits. This is the def. of A. Contributory negligence B. the fellow servant rule C. Assumption of risk D. Exclusive remedy Answer: D. executive remedy Q: The purpose of the basic extend...

Washington State Insurance Exam with Complete Solutions Apparent is the appearance or assumption of authority based on the actions, words, or deeds of the principal or because of circumstances the principal created. Mutual Company Owned by the policyowner and issue participating policies. Policy owners are entitled to dividends, which are a return of excess premiums and are therefore non-taxable. Dividends are not guaranteed. Sharing A method of dealing with risk for a group of in...

Colorado Contracts & Regulations Part II| Unit Questions and Answers| Rated A What is the difference between a "bilateral" and "unilateral" contract? A bilateral contract involves mutual promises between two parties, while a unilateral contract involves a promise made by one party in exchange for an act by another. In Colorado, what is the statute of limitations for enforcing written contracts? The statute of limitations is generally six years for written contracts in Colo...

Apparent - Answer is the appearance or assumption of authority based on the actions, words, or deeds of the principal or because of circumstances the principal created. Mutual Company - Answer Owned by the policyowner and issue participating policies. Policy owners are entitled to dividends, which are a return of excess premiums and are therefore non-taxable. Dividends are not guaranteed. Sharing - Answer A method of dealing with risk for a group of individual persons or businesses w...

PROPERTY & CASUALTY QUESTIONS GA EXAM | QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) | LATEST UPDATE | GRADEA+ The arbitration clause in a personal auto policy would be used in which of the following circumstances? A. The ins company and a pedestrian struck by the insured's auto cannot reach an agreement regarding the settlement of a claim. B. The insured and an injured 3rd party cannot reach an agreement regarding the settlement of a claim. C. The court have ruled against an ...

To prevent recovery beyond the amount of the insured's actual loss, the policy will contain: - ANSWER An Other Insurance Clause Collision coverage of an auto policy covers: a) road damage to the tires b) upset of the vehicle c) frozen engine block d) falling objects - ANSWER B) upset of the vehicle The maximum amount of payable for all losses resulting from one event is known as the: a) occurrence limit b) aggregate limit - ANSWER a) occurrence limit Which of the following is a c...

Agent Thompson received a letter from the Department of Insurance asking her to provide proof of completing the continuing education requirements. Within how many days must Agent Thompson respond to the Department's inquiry? 20 30 10 45 - ANSWER-10 days Abby lives in Ohio, where she is licensed as an insurance producer. She wants to apply for a nonresident license in Pennsylvania. Which of the following conditions must she satisfy? She must move to Pennsylvania. She must surrende...