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Guarantee ExamFX, Idaho Personal Lines Simulation Exam 2023 Actual Questions and Answers

ExamFX Guarantee Exam | Questions and Correct Answers | latest Update 2024/2025 | 100% PASS which of the following would NOT be considered limited coverage policy? a. accident-only insurance b. travel policy c. major medical expense insurance d. special risk policy - Answer -c. major medical exoense insurance limited policies cover only expense incurred from specific diseases, or specific causes which of the following is NOT mandatory under the uniform provision law as applied to ac...

which of the following would NOT be considered limited coverage policy? a. accident-only insurance b. travel policy c. major medical expense insurance d. special risk policy - correct answer c. major medical exoense insurance limited policies cover only expense incurred from specific diseases, or specific causes which of the following is NOT mandatory under the uniform provision law as applied to accident and health policies? a. physical examination and autopsy b. entire contract ...

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Guarantee ExamFX, Idaho Personal Lines Simulation Exam Questions and Answers (2024 / 2025) Updated Latest (Verified Answers)

A golfer slices a tee shot and the ball goes through the window of a house beside the fairway. The broken glass is paid for by - correct answer The golfer's homeowners liability coverage What was the purpose of the Motor Carrier Act of 1980? - correct answer To establish financial responsibility requirements for interstate motor carriers How does insurance distribute the financial consequences of individual losses? - correct answer It transfers the risk to all persons insured Wit...

which of the following would NOT be considered limited coverage policy? a. accident-only insurance b. travel policy c. major medical expense insurance d. special risk policy correct answer: c. major medical exoense insurance limited policies cover only expense incurred from specific diseases, or specific causes which of the following is NOT mandatory under the uniform provision law as applied to accident and health policies? a. physical examination and autopsy b. entire contract c....

Guarantee ExamFX, Idaho Personal Lines Simulation Exam Questions with Correct Answers Graded A+ In the last 72 hours, there were 3 instances of volcanic eruptions that damaged a property covered by a dwelling policy. How many deductibles will the insured have to pay before the policy covers the damages caused by the eruptions? 1. Zero 2. One 3. Two 4. Threeone In a personal auto policy (PAP), a covered auto includes all of the following EXCEPT 1. A trailer owned by the insured. 2...

Guarantee ExamFX, Idaho Personal Lines Simulation Exam Questions and Answers (2024 / 2025) Updated Latest (Verified Answers)

A return of premium life policy is written as what type of term coverage? correct answer: Increasing What are the two types of Flexible Spending Accounts? correct answer: Health Care and Dependent Care Taxation of LTC insurance... correct answer: excessive benefits may be taxable Nonforfeiture values guarantee... correct answer: that the cash value will not be lost Which method of dealing with risk is applied when insurance is purchased? a. transfer b. sharing c. avoidance ti...