Exam (elaborations)
Oklahoma Property and Casualty Exam Questions with Answers 100% Correct || (2024) Certified!!!
Rating
Sold
-
Pages
12
Grade
A+
Uploaded on
02-04-2024
Written in
2023/2024
Representations - Statements made by the applicant on an insurance application. Contract of Utmost Good Faith - An insurer must rely o the truthfulness and integrity of the applicant. Contract of Adhesion - When one party constructs the contract and the other party has no input. Elements of a Legally Binding Contract - 1. Legal Purpose 2. Agreement (Offer and Acceptance) 3. Competent Parties 4. Consideration Special Peril - Type of policy that insures against open perils of loss that are not specifically excluded. Example of Consequential or Indirect Loss - Loss of income from a rental unit due to tornado damage to the roof. Class 1 - Frame - Exterio
Show more
Read less
Institution
Property And Casualty
Module
Property and casualty
Whoops! We can’t load your doc right now. Try again or contact support.
Written for
- Institution
- Property and casualty
- Module
- Property and casualty
Document information
- Uploaded on
- April 2, 2024
- Number of pages
- 12
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
-
oklahoma property and casualty exam questions with
$11.99
Get access to the full document:
100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached
Get to know the seller
SMARTmindUS
