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Alabama Insurance: Property and Casualty Bundled Exams with Certified Solutions
Alabama Insurance: Property and Casualty Bundled Exams with Certified Solutions
[Montrer plus]Alabama Insurance: Property and Casualty Bundled Exams with Certified Solutions
[Montrer plus]Alabama Property and Casualty Exam Questions and Answers Rated A 
If a company cancels an auto policy mid term, the refund will be made on 
a. pro rata basis 
b. short rate basis 
c. retroactive basis d. coinsurance basis Pro Rata Basis 
What is the term used to describe terminating the insurance re...
Aperçu 3 sur 29 pages
Ajouter au panierAlabama Property and Casualty Exam Questions and Answers Rated A 
If a company cancels an auto policy mid term, the refund will be made on 
a. pro rata basis 
b. short rate basis 
c. retroactive basis d. coinsurance basis Pro Rata Basis 
What is the term used to describe terminating the insurance re...
Alabama Property and Casualty Insurance Questions and Answers Graded A 2 reasons - No Flood Catastophic, adverse selection 
Watercraft Policy Open cockpit, 26 feet or less in length 
Absolute Liabilty Strong Liklihood of harming others 
Intervening Cause Disruption in chain of events 
Negligence LBP...
Aperçu 3 sur 16 pages
Ajouter au panierAlabama Property and Casualty Insurance Questions and Answers Graded A 2 reasons - No Flood Catastophic, adverse selection 
Watercraft Policy Open cockpit, 26 feet or less in length 
Absolute Liabilty Strong Liklihood of harming others 
Intervening Cause Disruption in chain of events 
Negligence LBP...
Alabama Insurance: Property and Casualty Test Questions with Complete Solutions An incorporated insurance company which is run by a board of directors is known as a capital-stock company 
Which of the following statements is true regarding a binder? 
a. a binder guarantees that a policy will be issu...
Aperçu 2 sur 8 pages
Ajouter au panierAlabama Insurance: Property and Casualty Test Questions with Complete Solutions An incorporated insurance company which is run by a board of directors is known as a capital-stock company 
Which of the following statements is true regarding a binder? 
a. a binder guarantees that a policy will be issu...
AL P&C University of Alabama Study Guide (2023/2024) 100% Pass 
If a company cancels an auto policy mid-term, the refund will be made on a : 
A. pro rata basis 
B. short rate basis 
C. retroactive basis D. coinsurance basis A. Pro Rata Basis 
What is the term used to describe terminating the insuran...
Aperçu 4 sur 93 pages
Ajouter au panierAL P&C University of Alabama Study Guide (2023/2024) 100% Pass 
If a company cancels an auto policy mid-term, the refund will be made on a : 
A. pro rata basis 
B. short rate basis 
C. retroactive basis D. coinsurance basis A. Pro Rata Basis 
What is the term used to describe terminating the insuran...
Alabama Property and Casualty Sample Quiz 1-100 Already Passed What is a hazard? an increase in the possibility that a loss might occur 
transfer risk from a person or business to an insurance company that agrees to to pay for losses in exchange for a premium. insurance 
The type of insurance compan...
Aperçu 3 sur 21 pages
Ajouter au panierAlabama Property and Casualty Sample Quiz 1-100 Already Passed What is a hazard? an increase in the possibility that a loss might occur 
transfer risk from a person or business to an insurance company that agrees to to pay for losses in exchange for a premium. insurance 
The type of insurance compan...
Alabama P&C Insurance Exam Questions and Answers Graded A+ Dishonesty Deceit, misrepresentation, untruthfulness, falsification 
Insurers insurance companies or carriers who manufacture and sell insurance coverage by way of policies or contracts. 
Insurance Agencies independent organizations that rec...
Aperçu 2 sur 15 pages
Ajouter au panierAlabama P&C Insurance Exam Questions and Answers Graded A+ Dishonesty Deceit, misrepresentation, untruthfulness, falsification 
Insurers insurance companies or carriers who manufacture and sell insurance coverage by way of policies or contracts. 
Insurance Agencies independent organizations that rec...
Property and Casualty insurance exam questions and answers rated A Insurance The transfer of risk through a legal contract 
Property Covers real property and personal property against damage or loss resulting from covered causes of loss called perils 
casualty covers non-property losses (3rd Party) ...
Aperçu 2 sur 8 pages
Ajouter au panierProperty and Casualty insurance exam questions and answers rated A Insurance The transfer of risk through a legal contract 
Property Covers real property and personal property against damage or loss resulting from covered causes of loss called perils 
casualty covers non-property losses (3rd Party) ...
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