Pap policies can cover - Study guides, Class notes & Summaries

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...

WEBCE 2-20 Practice Exam With Complete Solutions Lila, a self-employed accountant, requires emergency medical treatment after choking on a product of the Dulce Candy Company while in her office. A month later, she asks Dulce to pay her medical bills. Dulce's commercial general liability policy with medical payments coverage (Coverage C) will: - answerAs premises and operations coverage, Coverage C does not provide medical payments coverage for bodily injury that occurs away from the insur...

A loss exposure is defined as: (A) a loss that might occur (B) an undesirable end result of a risk (C) the largest possible loss (D) the probability of a loss - AnswerThe answer is (A) by definition Which of the following statements concerning the beneficiary provisions in a life insurance policy is correct? (A) Only one person may be named as a primary beneficiary, but several may be named as contingent beneficiaries. (B) The primary beneficiary's share of policy proceeds is generally...

1 AIC 302 SIMULATED EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ Conor is handling an auto claim involving the death of a minor child in a state that recognizes the intrinsic value of children. Conor's proposed settlement amount will include Correct Answer: A calculated value of the child's future services to the parents. A calculated value of the child's future services to the parents. Intrinsic value of children is the assumption that parents invest in ch...

New York State Auto Damage and Theft General Adjuster 17-70 Practice Questions And Answers 2024/2025 An employee has been asked to use his own personal vehicle to perform certain tasks on behalf of his employer. What coverage is used under the business auto policy to protect the employer for lawsuits when the employee has an accident that causes legal action against the employer? - CORRECT ANSWER-Employers non-ownership coverage. This coverage protects the employer and not the emplo...

WEBCE 2-20 Practice Exam With Complete Solutions Lila, a self-employed accountant, requires emergency medical treatment after choking on a product of the Dulce Candy Company while in her office. A month later, she asks Dulce to pay her medical bills. Dulce's commercial general liability policy with medical payments coverage (Coverage C) will: - answerAs premises and operations coverage, Coverage C does not provide medical payments coverage for bodily injury that occurs away from the insur...

Adjuster Pro Section-3 Complete Questions and Answers 2023 The Personal Auto Policy (PAP) - Answer - A policy that combines liability insurance with other optional coverages PAP Policies can cover - Answer - -Individuals and residing family members -People driving car with owner's permission -Four-wheeled vehicles under 10,000 lbs *Insurable interest is required PAP Policies will indemnify for: - Answer - -Property Damage -Personal Injury -Legal Defense What will PAPs not ...

New York State General Adjuster 17-70 Exam Questions and Answers Verified A+ An employee has been asked to use his own personal vehicle to perform certain tasks on behalf of his employer. What coverage is used under the business auto policy to protect the employer for lawsuits when the employee has an accident that causes legal action against the employer? - Employers non-ownership coverage. This coverage protects the employer and not the employee. The employee is covered under his own PAP po...

New York State Auto Damage and Theft General Adjuster 17-70 Practice Questions And Answers 2024/2025 An employee has been asked to use his own personal vehicle to perform certain tasks on behalf of his employer. What coverage is used under the business auto policy to protect the employer for lawsuits when the employee has an accident that causes legal action against the employer? - CORRECT ANSWER-Employers non-ownership coverage. This coverage protects the employer and not the emplo...

AAPC CPB - Chapter 11 Quiz Which coverage under TRICARE is a Medicare wrap around plan? a. TRICARE for Life b. TRICARE Reserve Select c. TRICARE Prime d. CHAMPVA - correct answer a. TRICARE for Life A patient has Medicare and a Medigap policy. Box 13, signature on file, is checked off on the electronic claim submission. An EOMB is received with remittance notice MA19. What does the office need to do? a. Nothing. This means the claim has been crossed over to the Medigap plan. b. The...