Property and casualty la - Study guides, Class notes & Summaries
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Wisconsin Property and Casualty Latest Update Graded A+
- Exam (elaborations) • 55 pages • 2024
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Wisconsin Property and Casualty Latest 
 
Update Graded A+ 
 
FAIR Fair Access to Insurance Requirements 
 
Elements of a Legal Contract. L. O. A. C. • Consideration 
• Legal Purpose 
• Offer 
 
• Acceptance 
• Competent Parties 
 
Consideration Money and statements made on application 
 
Legal Purpose Risk transfer doesn't violate the law 
 
Offer Insured submits application and first month premium to insurer 
Insurer accepts or insurer declines the risk 
 
Counteroffer Agrees to iss...
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Oklahoma Property and Casualty Latest Update Graded A+
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Oklahoma Property and Casualty Latest 
 
Update Graded A+ 
 
Representations Statements made by the applicant on an insurance application. 
 
Contract of Utmost Good Faith An insurer must rely o the truthfulness and integrity of the 
applicant. 
 
Contract of Adhesion When one party constructs the contract and the other party has no 
input. 
 
Elements of a Legally Binding Contract 1. Legal Purpose 
 
2. Agreement (Offer and Acceptance) 
3. Competent Parties 
4. Consideration 
 
Special Peril Ty...
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TN Property and Casualty Laws Latest 2024 Graded A+
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TN Property and Casualty Laws Latest 
 
2024 Graded A+ 
 
Hearings and Judicial Review The Commissioner may suspend or revoke a business entity's 
license if a hearing finds that a licensee's violation was known or should have been known by at 
least one of the entity's partners, officers, or managers and the violation was neither reported to 
the Commissioner nor sanctioned to prevent further noncompliance. 
 
A person whose license is surrendered or lapsed may nonetheless be held accountabl...
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PENNSYLVANIA PROPERTY AND CASUALTY LAW SUPPLEMENT EXAM 2024
- Exam (elaborations) • 14 pages • 2024
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Agents and brokers must notify the Insurance Department of any change in their residence or business address within: - correct answer 30 days 
 
Insurers issuing liability policies covering motor vehicles in Pennsylvania must offer all of the following coverages EXCEPT: 
 
A) injuries incurred on the job. 
B) accidental death benefit. 
C) funeral benefit. 
D) income loss benefit. - correct answer A 
 
What is the maximum term of a temporary license that is issued as a result of a licensee's dea...
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Pennsylvania Property and Casualty Law Supplement Questions and Answers Already Passed
- Exam (elaborations) • 22 pages • 2024
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Pennsylvania Property and Casualty 
Law Supplement Questions and 
Answers Already Passed 
 
Agents and brokers must notify the Insurance Department of any change in their residence or 
business address within: 30 days 
 
Insurers issuing liability policies covering motor vehicles in Pennsylvania must offer all of the 
following coverages EXCEPT: 
 
A) injuries incurred on the job. 
B) accidental death benefit. 
C) funeral benefit. 
D) income loss benefit. A 
 
What is the maximum term of a tempo...
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PROPERTY AND CASUALTY ACTUAL EXAM QUESTIONS AND DETAILED CORRECT ANSWERS | PROPERTY AND CASUALTY LATEST 2024-2025
- Exam (elaborations) • 67 pages • 2024
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PROPERTY AND CASUALTY ACTUAL 
EXAM QUESTIONS AND DETAILED 
CORRECT ANSWERS | PROPERTY AND 
CASUALTY LATEST
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West Virginia Property and Casualty Law Exam New 2025 Latest Version Best Studying Material with All Questions and Answers
- Exam (elaborations) • 22 pages • 2024
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West Virginia Property and Casualty Law Exam New 
2025 Latest Version Best Studying Material with All 
Questions and Answers
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Pennsylvania Property and Casualty Law Supplement 2024 passed
- Exam (elaborations) • 14 pages • 2024
- Available in package deal
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Pennsylvania Property and Casualty Law SupplementAgents and brokers must notify the Insurance Department of any change in their residence or business address within: - correct answer 30 days 
 
Insurers issuing liability policies covering motor vehicles in Pennsylvania must offer all of the following coverages EXCEPT: 
 
A) injuries incurred on the job. 
B) accidental death benefit. 
C) funeral benefit. 
D) income loss benefit. - correct answer A 
 
What is the maximum term of a temporary licens...
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Pennsylvania Property and Casualty Law Supplement with complete solutions 2024
- Exam (elaborations) • 14 pages • 2024
- Available in package deal
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- $17.99
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Pennsylvania Property and Casualty Law SupplementAgents and brokers must notify the Insurance Department of any change in their residence or business address within: - correct answer 30 days 
 
Insurers issuing liability policies covering motor vehicles in Pennsylvania must offer all of the following coverages EXCEPT: 
 
A) injuries incurred on the job. 
B) accidental death benefit. 
C) funeral benefit. 
D) income loss benefit. - correct answer A 
 
What is the maximum term of a temporary licens...
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Mississippi Property and Casualty Law Supplement Questions and Answers Already Passed
- Exam (elaborations) • 12 pages • 2024
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Mississippi Property and Casualty Law 
Supplement Questions and Answers 
 
Already Passed 
 
Making false, maliciously critical, or derogatory statements about an insurer, with the intent of 
causing injury, is an illegal practice known as... Defamation 
 
The Commissioner of Insurance in Mississippi is elected to office for a term of... 4 Years 
 
All of the following are true about temporary producer licenses issued by the Commissioner except 
 
A. temporary licenses are issued for a limited t...
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