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Exam Fx-Property and Casualty Exam | 90 Questions with 100% Correct Answers
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To be considered an insurable risk, a loss may NOT be - catastrophic Which of the following persons would be required to hold a producer license? - a nonresident agent who negotiates insurance contracts Which of the following is the oldest known type of insurance? - ocean marine The contents cov...
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Add to cartTo be considered an insurable risk, a loss may NOT be - catastrophic Which of the following persons would be required to hold a producer license? - a nonresident agent who negotiates insurance contracts Which of the following is the oldest known type of insurance? - ocean marine The contents cov...
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Examfx practice test | 93 Questions with 100% Correct Answers
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The Louisiana insurance Guaranty Association Board of Directors are placed in office by - election and appointment States with monopolistic state workers compensation funds - Do not allow private insurers to be licensed to write workers compensation coverage This state provided for a temporary l...
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Add to cartThe Louisiana insurance Guaranty Association Board of Directors are placed in office by - election and appointment States with monopolistic state workers compensation funds - Do not allow private insurers to be licensed to write workers compensation coverage This state provided for a temporary l...
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1 - ExamFX Life and Health - General Insurance / Completing Application, Underwriting and Delivering The Policy | 50 Questions with 100% Correct Answers
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What two elements are necessary to a life insurance contract to have a legal purpose? - 1. Insurable Interest 2. Consent Insurance is a contract that protects the insured from what? - Loss What Type of Risk is Insurable? - Pure What is the term for the causes of loss insured against in a insura...
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Add to cartWhat two elements are necessary to a life insurance contract to have a legal purpose? - 1. Insurable Interest 2. Consent Insurance is a contract that protects the insured from what? - Loss What Type of Risk is Insurable? - Pure What is the term for the causes of loss insured against in a insura...
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ExamFx property and casualty | 976 Questions with 100% Correct Answers | 141 Pages
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1. In dwelling policies, automatic increase in insurance is (Choose from the following options) 1. Coverage for newly acquired property. 2. Coverage by endorsement. 3. Automatic coverage. 4. Coverage without additional premium. - 2. Coverage by endorsement. 2. Personal business property out in...
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Add to cart1. In dwelling policies, automatic increase in insurance is (Choose from the following options) 1. Coverage for newly acquired property. 2. Coverage by endorsement. 3. Automatic coverage. 4. Coverage without additional premium. - 2. Coverage by endorsement. 2. Personal business property out in...
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Exam FX Stimulation | 150 Questions with 100% Correct Answers | 35 Pages
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1. In dwelling policies, automatic increase in insurance is (Choose from the following options) 1. Coverage for newly acquired property. 2. Coverage by endorsement. 3. Automatic coverage. 4. Coverage without additional premium. - 2. Coverage by endorsement. 2. Personal business property out in...
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Add to cart1. In dwelling policies, automatic increase in insurance is (Choose from the following options) 1. Coverage for newly acquired property. 2. Coverage by endorsement. 3. Automatic coverage. 4. Coverage without additional premium. - 2. Coverage by endorsement. 2. Personal business property out in...
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Exam Fx Flashcards: Insurance Regulation/Laws, Rules and Regulations Common to All Lines | 100% Correct Answers
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To whom may a certificate of authority be issued? - To an insurer authorized to transact business in this state Who must be a member of insurance guaranty associations? - Any authorized insurer within a state If an insurer meets the state's financial requirements and is approved to transact bu...
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Add to cartTo whom may a certificate of authority be issued? - To an insurer authorized to transact business in this state Who must be a member of insurance guaranty associations? - Any authorized insurer within a state If an insurer meets the state's financial requirements and is approved to transact bu...
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