Texas insuran Study guides, Class notes & Summaries

Susie set fire to her house to collect the insurance. This is an example of a(n) - MORAL HAZARDS Henry's tires on his SUV are so worn that the steel belt is showing through the tread. The condition of the tires is known as - PHYSICAL HAZARDS When a driver of an auto breaks the posted speed limit, the driver's liability imposed by the law is known as - ABOSLUTE LIABILITY Under compensatory damages, medical expenses are an example of - SPECIAL damages. Josh attends a hockey game. While at th...

Texas Insurance License Exam Prep P&C Questions with 100% Correct Answers What are 3 subjects an auto policy covers? 1. Body 2. The vehicle 3. Assets Bodily Injury Types Personal Injury Med Pay Uninsured Motorist No Fault Insurance State stipulates that parties cannot file a claim to the other persons insurance policy unless required in excess. Instead, each party is required to file a primary claim against their own insurance regardless who is at fault. EX. Florida Finan...

Subrogration may follow which of the following events? - correct answer An insured collects from her insurance company for damages caused by a third party Medical payments coverage under a BOP applies to expenses incurred by non-insureds for bodily injury and reported to the insurer within: - correct answer One year after the accident Claims expenses covered under Section II - Personal Liability of the standard Homeowners forms do NOT pay for which of the following? - correct answer ...

TEXAS INSURANCE LICENSE EXAM 3 LATEST VERSIONS (VERSION A, B AND C) ACTUAL EXAM COMPLETE 400 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!!

Texas Insurance License Exam Prep P&C Questions and Answers Already Passed What are 3 subjects an auto policy covers? *correct answer*1. Body 2. The vehicle 3. Assets Bodily Injury Types *correct answer*Personal Injury Med Pay Uninsured Motorist No Fault Insurance *correct answer*State stipulates that parties cannot file a claim to the other persons insurance policy unless required in excess. Instead, each party is required to file a primary claim against their own insurance regardles...

Abandonment correct answers When an insured relinquishes its claim to property to the insurer. Adjuster correct answers Licensed insurance professional who investigates or adjusts losses and also supervises the handling of claims. Adjuster, Staff and Independent correct answers Works for and represents the interests of an insurance company, either as a staff member or as an independent contractor to an insurer, including self-insurer. Adjuster, Publiic correct answers Works for and repr...

What are 3 subjects an auto policy covers? - correct answer 1. Body 2. The vehicle 3. Assets Bodily Injury Types - correct answer Personal Injury Med Pay Uninsured Motorist No Fault Insurance - correct answer State stipulates that parties cannot file a claim to the other persons insurance policy unless required in excess. Instead, each party is required to file a primary claim against their own insurance regardless who is at fault. EX. Florida Financial Responsibility Laws -...

CH 3 LIFE INSURANCE POLICIES PART 1 FINAL EXAM INSURANCE TEXAS LIFE AND HEALTH INSURANCE EXAM TEXAS INSURANCE LAWS FINAL EXAM REVIEW - TEXAS LIFE AND HEALTH FINAL EXAM INSURANCE TYPE OF INSURANCE POLICIES TEXAS LIFE AND HEALTH INSURANCE QUESTIONS WITH COMPLETE ANSWERS

How many hours of ethics continuing education must an agent complete in any 2-year license period? A. 4 B. 5 C. 3 D. 2 D The commissioner has the power to A. appoint a stock insurance company board of directors B. issue certificates of authority to insurers C. authorize a mutual insurance company sale of stock D. write and enact new legislation and statutes affecting the business of insurance B Written notices of reported violations must be sent within A. 10 days B. 14 days C. 21 days D. ...