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TSI practice test EXAM QUESTIONS AND VERIFIED CORRECT ANSWERS 2024

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2023/2024 Written for academic year
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Course TSI practice
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A DP-2 policy would pay a claim for in which scenario? - correct answer rioters set fire to the front porch K has a construction business that is installing an air conditioner. K asks his agent for a policy that would cover the installation until completion. Which policy will Ks agent sell him? - correct answer installation floater Installation Floater - correct answer installation policies provide coverage during installation. Nonresident License - correct answer Agents may receive a nonresident license to sell insurance in other states,without having to take an exam. Negligence - correct answer The failure to act as a reasonable prudent or caring person. Negligence is not intentional When would nonrenewal become effective? - correct answer at the end of the policy period HO-4 policy - correct answer Renters/tenants policy. Personal property covered for broad perils. HO-3 policy - correct answer is special HO-2 Policy - correct answer is broad HO-5 Policy - correct answer is comprehensive (broadest,best) HO-6 Policy - correct answer is condo

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