Ho 4 contents broad form Study guides, Class notes & Summaries

HO-2 correct answers "Broad" Named-peril form; covers the insureds house and personal property. HO-4 correct answers "Contents Broad Form" Named Peril Form; Renters insurance; covers personal property but not house and other structures. HO-6 correct answers "Unit Owners form" Named Peril Form; Condo Form; Covers owner's belongings and all finished surfaces of the individual condominium unit. HO-8 correct answers "Modified Coverage Form" Named Peril Form; Covers property at ACV,...

The insured has filed a claim under the "Business Income Department Properties - Broad Form" because the primary buyer of products and services from the business has filed for bankruptcy under this form the primary buyers business would be known as correct answers A recipient location recipient location correct answers Businesses who support insured by being the primary buyer for their products HO-3 (special form) correct answers covers the dwelling and other structures on a risk-of-dire...

CPCU 553 - Chapter 5 Exam Questions with 100% Correct Answers Identify the 3 general categories into which parties eligible for coverage under the ISO 2011 HO insurance program fall. - Answer ️️ -1. Individuals and families who own a private home in which they reside 2. People who rent or lease the premises in which they reside 3. Individuals and families who own private condominium units used for residential purposes List the 6 policy forms the ISO HO program offers. - Answer ️️ ...

Property and Casualty - Kentucky How long is a waiting period upon purchase of flood coverage through NFIP? - correct answer 30 days Coverage under a Floor Plan Merchandise form is written on a reporting form basis that requires the insured to file reports with the insurer. What is the time frame for those reports? - correct answer Within 30 days after the end of each month Which of the following types of property will be covered by inland marine insurance? - correct answer Portable prope...

NJ Property Producer Exam With 100% Correct Answers 2023 Dwelling Policy Only insures property DP-1 Basic Form DP-2 Broad Form DP-3 Special Form Dwelling Coverage A Dwelling- Covers dwelling, structures attached to dwelling, and materials/supplies for the dwelling. Dwelling Coverage B Other Structures- Insures buildings on premise but separate from the dwelling. Dwelling Coverage C Personal Property- Covers the insured's personal property and must be requested. If rental prope...

Property and Casualty - KentuckyHow long is a waiting period upon purchase of flood coverage through NFIP? - correct answer 30 days Coverage under a Floor Plan Merchandise form is written on a reporting form basis that requires the insured to file reports with the insurer. What is the time frame for those reports? - correct answer Within 30 days after the end of each month Which of the following types of property will be covered by inland marine insurance? - correct answer Portable propert...

NJ Property Producer Exam With 100% Correct Answers 2023 Dwelling Policy Only insures property DP-1 Basic Form DP-2 Broad Form DP-3 Special Form Dwelling Coverage A Dwelling- Covers dwelling, structures attached to dwelling, and materials/supplies for the dwelling. Dwelling Coverage B Other Structures- Insures buildings on premise but separate from the dwelling. Dwelling Coverage C Personal Property- Covers the insured's personal property and must be requested. If rental prope...

NJ Property Producer Exam With 100% Correct Answers 2023 Dwelling Policy Only insures property DP-1 Basic Form DP-2 Broad Form DP-3 Special Form Dwelling Coverage A Dwelling- Covers dwelling, structures attached to dwelling, and materials/supplies for the dwelling. Dwelling Coverage B Other Structures- Insures buildings on premise but separate from the dwelling. Dwelling Coverage C Personal Property- Covers the insured's personal property and must be requested. If rental prope...

DP - valuation - Answer DP-1 - ACV building & contents DP-2/3 - RCV building & ACV contents DP - limit for fair rental value - Answer 20% of A DP - coverages (A-E) - Answer A - dwelling B - other structures C - personal property D - fair rental value E - additional living expense DP - limit for additional living expenses - Answer DP-1 - NONE DP-2/3 - 20% of A DP - Property removed is covered for ___ days. - Answer DP-1 - 5 days DP-2 - 30 days DP - limit for trees/plants/shr...

Texas All Lines Adjuster Exam The insured has filed a claim under the "Business Income Department Properties - Broad Form" because the primary buyer of products and services from the business has filed for bankruptcy under this form the primary buyers business would be known as --------- CORRECT ANSWER ----- A recipient location recipient location --------- CORRECT ANSWER ----- Businesses who support insured by being the primary buyer for their products HO-3 (special form) --------- COR...