No fault insurance - Study guides, Class notes & Summaries
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PVL3703 Assignment 3 (COMPLETE ANSWERS) Semester 1 2024 (576663) - DUE 23 April 2024
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PVL3703 Assignment 3 (COMPLETE ANSWERS) Semester 1 2024 (576663) - DUE 23 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9....... Question 1 One of the attractions at Wonderland Zoo is a train ride that takes customers to and from different locations at the zoo. Sipho, the technician in charge of inspecting and maintaining the train, overlooks some signs that the train is no longer in sound condition. Avril goes for a ride on th...
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Xcel Solutions Property & Casualty Test | 120 Questions with 100% Correct Answers | Verified | Latest Update 2024
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An earned premium resulting from the cancellation of a policy is calculated on: - On a pro rata basis, 
based on the previous year's rate 
M owns a parking garage & has coverage that states: "We will cover losses regardless if you are legally 
liable for the loss." This no-fault ideology will be found under: - Excess Direct Coverage 
An insurance company writing business in a state other than the one in which it is domiciled is called: - 
a Foreign 
Y is running a home daycare out of their home ...
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PVL3703 Assignment 3 (DETAILED ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED
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PVL3703 Assignment 3 (DETAILED ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED Answers, guidelines, workings and references .................... Question 1 One of the attractions at Wonderland Zoo is a train ride that takes customers to and from different locations at the zoo. Sipho, the technician in charge of inspecting and maintaining the train, overlooks some signs that the train is no longer in sound condition. Avril goes for a ride on the train. The operator of the train requests the per...
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LOUISIANA PROPERTY AND CASUALTY INSURANCE EXAM QUESTIONS WITH CORRECT ANSWERS
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Driver A has a personal auto policy with Part C: UM/UIM limits of 100/300. He is injured by Driver B who has Part A: Bodily Injury Liability limits of 50/100. It is determined that Driver B is at fault for the accident. Driver A has $125,000 in medical expenses. How much will his Part C: UM/UIM coverage pay? 
 
a) $125,000 
b) $75,000 
c) $50,000 
d) $25,000 CORRECT ANSWER c) $50,000 
 
Underinsured motorist coverage acts as excess over the at-fault motorist's coverage. It will pay the d...
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Florida Insurance 20-44 Exam Study Guide
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insurance - Answer- ________________ is a contract whereby one undertakes to indemnify another or pay or allow a specified amount or a determinable benefit upon determinable contingencies. 
 
casualty - Answer- ______________ insurance is insurance which pays on behalf of the insured's legal liability. 
 
liberalization - Answer- The ______________ provision broadens an insured's coverage without an increase in premium when the insurer has adopted a generic global policy revision. 
 
severabil...
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SC Property, Casualty, Surety, Marine Exam Questions and Answers 100% Answered!!
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SC Property, Casualty, Surety, Marine Exam Questions and Answers 100% Answered!!Accumulated Depreciation - ANSWERSThe total decrease in an item's value over a period of time. Formula:(Annual Depreciation x Number ofyears used) 1-J 
 
Acreage Reporting Date - ANSWERSThe deadline for providing the insurer with an acreage report, which is used to determine the amount of coverage needed and the premium charged for a particular crop. 3-E 
 
Actual Cash Value (ACV) - ANSWERSA valuation method used by...
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Property & Casualty - Mike Russ Practice Test Questions With Complete Solutions
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Insurance broker means a person who, for compensation and on behalf of another person, transacts insurance other than life with, but not on behalf of, an insurer. 
True or False? correct answer: False - An insurance broker is a specialist in insurance and risk management. Brokers act on behalf of their clients and provide advice in the interests of their clients. 
 
Transacting insurance includes: 
A. Execution of a contract of insurance 
B. All of the choices 
C. Solicitation 
D. Negotiation c...
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Louisiana Property and Casualty Insurance Exam Correct 100%
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Driver A has a personal auto policy with Part C: UM/UIM limits of 100/300. He is injured by Driver B who has Part A: Bodily Injury Liability limits of 50/100. It is determined that Driver B is at fault for the accident. Driver A has $125,000 in medical expenses. How much will his Part C: UM/UIM coverage pay? 
 
a) $125,000 
b) $75,000 
c) $50,000 
d) $25,000 - ANSWERSc) $50,000 
 
Underinsured motorist coverage acts as excess over the at-fault motorist's coverage. It will pay the differe...
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Insurance Customer Service Rep 440 Exam Review questions and answers graded A+.
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Insurance Customer Service Rep 440 Exam Review questions and answers graded A+. 
 
 
 
 
 
 
 
 
 
 
Examples of Peril - correct answers.Fire, lightning, explosion, theft, windstorm, hail, earthquake, flood, mischief or vandalism, or the sinking, burning, collision or derailment of a conveying transport. 
 
How long does one have to notify the Department of Financial Services for a Name and/or Address Change? - correct answers.30 days 
 
Coinsurance Clause - correct answers.Replacement cost appl...
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Michigan P & C Insurance Exam Test Question and answers already passed 2023/2024
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Michigan P & C Insurance Exam Test Question and answers already passed 2023/2024 
Termination of Insurance for auto and home must be sent to last know address no later than - correct answer 30 days before cancellation 
 
Termination of casualty insurance cannot take place until- from the mailing date - correct answer 10 days 
 
PIP in auto insurance covers individual care from a family member for - correct answer a limit of $20 a day for three years 
 
limited collision - correct answer shall pa...
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