Fsb Study guides, Revision notes & Summaries

AFSB 151 Practice Exam Q's A type of reinsurance transaction that involves an agreement between the primary insurer and the reinsurer specifying how to transfer risks, that defines the eligible risks in terms of lines and classes of business, that specifies the parties' obligations, and for which eligible risks are automatically reinsured, is - Treaty reinsurance A surety's liability for a surety bond can only cease to exist when the underlying obligation/agreement has - been perfor...

AFSB 151 Practice Exam Questions Which one of the following characteristics is unique under American personal suretyship compared with corporate suretyship? - Sureties were protected by laws that were favorable to them Except in the case of a forfeiture bond, if the principal defaults the surety will pay - Up to the bond penalty, but no more than the obligee's actual loss amount CB Construction entered into a construction contract with Lee Properties. The contract required that CB ...

AFSB 151 Study Guide Questions With Correct Answers. Anthony is the surety producer for Coyle Construction (CC). CC has a pre-set annual surety credit line of $5 million/$30 million. About 3 months into the fiscal year, the contractor is bidding on an $8 million job and needs a bid bond. Which one of the following correctly describes Anthony's responsibility as the surety producer? Select one: A. Anthony should arrange a back-up surety with adequate capacity because CC appears to be outgro...

AFSB 152 - Complete Practice Exam: Q’s And A’s

AFSB 151 Study Guide – Complete With A+ Answers

AFSB 152 Exam: Questions & Detailed Solutions

AFSB 151 Practice Exam – Questions And Answers

AFSB 152 Exam : Questions With Accurate Solutions

AFSB 151 Study Guide Questions With Correct Answers.

AFSB 152 – Questions With Verified Solutions