Exam (elaborations)
KY Property & Casualty Insurance Exam questions with correct answers
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Faulty wiring in a home is an example of a: a) loss b) peril c) risk d) hazard CORRECT ANSWER Hazard When a person buys insurance what method of handling risk has been undertaken? a) transfer b) reduction c) avoidance d) retention CORRECT ANSWER Transfer In property and casualty insurance, insurable interest must exist: a) at the time a change is made to a policy b) at the time of policy application c) at the time of loss d) at the time of policy solicitation CORRECT ANSWER At the time of loss All of the following actions by a person could be described as a risk avoidance EXCEPT:
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Institution
Property & Casualty
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Property & Casualty
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Written for
- Institution
- Property & Casualty
- Course
- Property & Casualty
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- Uploaded on
- October 19, 2023
- Number of pages
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- Written in
- 2023/2024
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- Exam (elaborations)
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- Questions & answers
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ky property casualty insurance exam questions wi
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