Louisiana P&C Insurance Exam, Casualty Insurance Exam, Casualty Insurance Course Exam, Louisiana Property and Casualty Exam, Casualty Insurance Exam With Complete Solution, Test, Practice Exam, Law Test, "general" Test, Louisiana Property and Casualty Insurance Exam
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Commissioner's term of office - Answer 4 years Commissioners will examine each insurer - Answer 5 years Time to conduct a hearing - Answer 30 days Age to apply for producer's license - Answer 18 years old Producer license valid for how long - Answer 2 years How long to file notice o...
Voorbeeld 2 van de 8 pagina's
In winkelwagenCommissioner's term of office - Answer 4 years Commissioners will examine each insurer - Answer 5 years Time to conduct a hearing - Answer 30 days Age to apply for producer's license - Answer 18 years old Producer license valid for how long - Answer 2 years How long to file notice o...
Accelerated Benefits - Answer riders attached to life insurance policies which allow death benefits to be used to cover nursing and convalescent home expenses. Accident - Answer an unplanned, unforeseen event which occurs suddenly and at an unspecified place. Accident Insurance - Answer A type...
Voorbeeld 2 van de 7 pagina's
In winkelwagenAccelerated Benefits - Answer riders attached to life insurance policies which allow death benefits to be used to cover nursing and convalescent home expenses. Accident - Answer an unplanned, unforeseen event which occurs suddenly and at an unspecified place. Accident Insurance - Answer A type...
Which One Of The Following Is NOT A Possible Defense Against Negligence? A. Statue Of Limitations B. Doctrine Of Reasonable Expectation C. Intervening Cause D. Comparative Negligence - Answer Doctrine Of Reasonable Expectation What Is A Hazard? - Answer An Increase In The Possibility That...
Voorbeeld 3 van de 23 pagina's
In winkelwagenWhich One Of The Following Is NOT A Possible Defense Against Negligence? A. Statue Of Limitations B. Doctrine Of Reasonable Expectation C. Intervening Cause D. Comparative Negligence - Answer Doctrine Of Reasonable Expectation What Is A Hazard? - Answer An Increase In The Possibility That...
Should 2 or more insurers issue a combined Standard Fire Policy insuring a single risk, in the event of a loss, the insured must notify - Answer Any of the insurers providing coverage. The policy conditions define - Answer How parties to the contract must act following a loss. Because an insur...
Voorbeeld 3 van de 26 pagina's
In winkelwagenShould 2 or more insurers issue a combined Standard Fire Policy insuring a single risk, in the event of a loss, the insured must notify - Answer Any of the insurers providing coverage. The policy conditions define - Answer How parties to the contract must act following a loss. Because an insur...
In which type of commercial crime policy coverage is triggered by a loss that happens during the policy period but is not necessarily discovered during the policy peri - Answer Robbery is: - Answer Taking of property by use of force, violence, or fear The crime of forced entry into the premis...
Voorbeeld 4 van de 34 pagina's
In winkelwagenIn which type of commercial crime policy coverage is triggered by a loss that happens during the policy period but is not necessarily discovered during the policy peri - Answer Robbery is: - Answer Taking of property by use of force, violence, or fear The crime of forced entry into the premis...
Driver A has a personal auto policy with Part C: UM/UIM limits of 100/300. He is injured by Driver B who has Part A: Bodily Injury Liability limits of 50/100. It is determined that Driver B is at fault for the accident. Driver A has $125,000 in medical expenses. How much will his Part C: UM/UIM cove...
Voorbeeld 4 van de 50 pagina's
In winkelwagenDriver A has a personal auto policy with Part C: UM/UIM limits of 100/300. He is injured by Driver B who has Part A: Bodily Injury Liability limits of 50/100. It is determined that Driver B is at fault for the accident. Driver A has $125,000 in medical expenses. How much will his Part C: UM/UIM cove...
Indemnification - Answer to make whole again Risk - Answer the uncertainty or chance of a loss occurring. Pure Risk - Answer insurable- no opportunity for financial gain. only loss is suffered in a pure risk. Speculative Risk - Answer not insurable, opportunity for financial gain. Exposu...
Voorbeeld 1 van de 3 pagina's
In winkelwagenIndemnification - Answer to make whole again Risk - Answer the uncertainty or chance of a loss occurring. Pure Risk - Answer insurable- no opportunity for financial gain. only loss is suffered in a pure risk. Speculative Risk - Answer not insurable, opportunity for financial gain. Exposu...
Authorized insurers may choose not to participate in the plan - Answer All of the following are true regarding the Louisiana Automobile Insurance Plan EXCEPT: short-rate - Answer The named insured may cancel a property insurance policy in this state at any time, in which case the insurer must ref...
Voorbeeld 2 van de 5 pagina's
In winkelwagenAuthorized insurers may choose not to participate in the plan - Answer All of the following are true regarding the Louisiana Automobile Insurance Plan EXCEPT: short-rate - Answer The named insured may cancel a property insurance policy in this state at any time, in which case the insurer must ref...
What is a hazard? - Answer An increase in the possibility that a loss might occur the purpose of insurance is to? - Answer Transfer risk from a person, business, or organization to an insurance company that agrees to pay for losses in exchange for a premium. mutual company - Answer type of ins...
Voorbeeld 2 van de 6 pagina's
In winkelwagenWhat is a hazard? - Answer An increase in the possibility that a loss might occur the purpose of insurance is to? - Answer Transfer risk from a person, business, or organization to an insurance company that agrees to pay for losses in exchange for a premium. mutual company - Answer type of ins...
The Business owners Policy, or BOP, is a ____ policy that can be used to cover most small low _____. - Answer Prepackaged, Low risk One of the advantages of the BOP is that it is ____, which means that many of the coverage questions have been predetermined by the insurance company which lowers th...
Voorbeeld 3 van de 29 pagina's
In winkelwagenThe Business owners Policy, or BOP, is a ____ policy that can be used to cover most small low _____. - Answer Prepackaged, Low risk One of the advantages of the BOP is that it is ____, which means that many of the coverage questions have been predetermined by the insurance company which lowers th...
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