Property and Casualty Exam Questions and Answers Rated A

The one basic characteristic of any type of insurance is that the insured is returned to the same status that existed prior to the loss, but without a chance for gain or profit true which of the following coverages does an open peril policy provide? perils other than those specifically named as being excluded determine the actual cash value in the following situation: original price of office equiptment when purchased 8 years ago- 9,000. depreciated amount at time of fire-5,000 current replacement cost 12,000 7,000 liquor liability need for a dram shot, liquor, or package store inherent vice or defect iron rusting, milk going sour, rubber breaking down are all inherent vices how is hitting an animal on the road covered? other than collision otc medicare supplement insurance aka medical gap insurance. must include core benefits