Psi pa property casuality Study guides, Class notes & Summaries

PSI PA PROPERTY CASUALITY EXAM GUIDE (RATED A+) VERIFIED QUESTIONS AND ANSWERS insuring risks that are more prone to losses than average risk (poorer risks tend to seek insurance or file claims to a greater extent than better risks) companies can refuse or restrict coverage for bad risks or charge them a higher rate - ANSWER-Adverse Selection protects insurance agencies from catastrophic risks (war/nuclear events) - ANSWERReinsurance Within how many days from date of injury...

PSI PA PROPERTY CASUALITY EXAM GUIDE (RATED A+) VERIFIED QUESTIONS AND ANSWERS insuring risks that are more prone to losses than average risk (poorer risks tend to seek insurance or file claims to a greater extent than better risks) companies can refuse or restrict coverage for bad risks or charge them a higher rate - ANSWER-Adverse Selection protects insurance agencies from catastrophic risks (war/nuclear events) - ANSWERReinsurance Within how many days from date of injury...

PSI PA PROPERTY CASUALITY EXAM GUIDE (RATED A+) VERIFIED QUESTIONS AND ANSWERS insuring risks that are more prone to losses than average risk (poorer risks tend to seek insurance or file claims to a greater extent than better risks) companies can refuse or restrict coverage for bad risks or charge them a higher rate - ANSWER-Adverse Selection protects insurance agencies from catastrophic risks (war/nuclear events) - ANSWERReinsurance Within how many days from date of injury...