California property - Study guides, Class notes & Summaries

California Property and Casualty Exam Questions and Answers 100% Pass Most workers compensation policies are written for 1 year terms. - Correct Answer ️️ - true A person licensed as either a property and casualty agent/broker or as an accident and health agent may be authorized to transact disability insurance for an admitted insurer by filing a notice of appointment from that insurer. This is known as: - Correct Answer ️️ -Dual Authority HMO's, PPO's, and POS, are referred to...

California Property and Casualty Insurance Test Questions and Answers Rated A The term "Time element Coverage" is used when the amount of loss depends on what? The time it takes to repair, rebuild, or restore damaged property. The term time element coverage is used for many indirect losses, such as a business income loss, because the amount of loss might not be directly related to the amount of property damage that occurred, but it is related to the time it takes to repair,, rebuild, or rest...

california property and casualty exam questions and answers 100% pass The process where by a mutul insurer becomes a stock company is called - Correct Answer ️️ -Demutalization The process whereby a stock company a mutal insurer is called - Correct Answer ️️ - Mutalization The provision in a property policy which states that the insured has been paid up to their insurable interest is - Correct Answer ️️ -Valuation clause The part of the policy that states the amout of coverag...

CALIFORNIA PROPERTY AND CASUALTY EXAM 2023/2024 QUESTIONS & ANSWERS VERIFIED. RATED A +/ALREADY PASSED

California Property And Casualty Exam With 100% Correct Answers 2024

California Property and Casualty Insurance Exam Questions with 100% Correct Answers | Updated & Verified

Premium payments received by a broker-agent from clients purchasing automobile insurance may be maintained by the licensee in any of the following investments EXCEPT? 1. High-yield stocks 2. Treasury certificates 3. Repurchase agreements 4. US Government bonds - ANSWER-High-yield stocks Which of the following is eligible for a Business owners Policy? 1. A vacant building 2. A credit union 3. A furniture store 4. A sports bar - ANSWER-A furniture store "All risk" coverage is an o...

California property and casualty exam Questions with 100% Correct Answers | Verified 2024

California Property and Causality Practice Exam With 100% Correct Answers 2024

California property and casualty exam