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[Montrer plus]Bundle for ExamFx Exams Compilation | Verified | Guaranteed Success
[Montrer plus]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...
Aperçu 2 sur 6 pages
Ajouter au panierTo 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...
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...
Aperçu 2 sur 8 pages
Ajouter au panierThe 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...
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...
Aperçu 1 sur 4 pages
Ajouter au panierWhat 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...
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...
Aperçu 4 sur 141 pages
Ajouter au panier1. 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...
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...
Aperçu 4 sur 35 pages
Ajouter au panier1. 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...
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...
Aperçu 1 sur 3 pages
Ajouter au panierTo 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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