Exam (elaborations)
Alabama State Licensing Exam Property and Casualty questions with correct answers
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a company in chartered in Guam or Puerto Rico doing regular business in new York would be considered by new yorkers to be a 1. domestic company 2. foreign company 3. alien company 4. international company CORRECT ANSWER 2. foreign company If a company cancels an auto policy mid-term, the refund will be made on a 1. Pro rata basis 2. short rate basis 3. retroactive basis 4. coinsurance basis CORRECT ANSWER 1. pro rata basis What is the term used to describe terminating the insurance relationship at the end of the policy period. 1. cancellation 2. non renewal 3. separation 4. exclusion CORRECT ANSWER 2. non renewal
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Institution
Property And Casualty Insurance
Course
Property and Casualty Insurance
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Written for
- Institution
- Property and Casualty Insurance
- Course
- Property and Casualty Insurance
Document information
- Uploaded on
- October 19, 2023
- Number of pages
- 14
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
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alabama state licensing exam property and casualty
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