Tennessee Property and Casualty Exam || || MOST RECENT
EXAM ACTUAL COMPLETE REAL EXAM QUESTIONS AND CORRECT
ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+ |
GUARANTEED SUCCESS!! NEWEST EXAM | JUST RELEASED!!
The HO-5 type of homeowner's policy provides coverage on an all-risk
basis for all exposures except:
A. personal property
B. dwelling
C. tenant's personal vehicle
D. other structures
tenant's personal vehicle;
provides all-risk, open perils, coverage for personal property, dwelling,
and other structures.
If a fire causes damge to a building the fire is
A. a hazard
B. a peril
C. a risk
D. an exposure
A peril
,Wearing a seatbelt in a car is an example if which method of managing
risk?
A. Retain
B. Avoid
C. Reduce
D. Transfer
Reduce
State requires companies to have a license to sell insurance in the state. The
license is called:
A. a certificate of authority
B. a reinsurance license
C. a producer's license
D. an admittance license
a certificate of authority
All of the following are requirements of an insurable pure risk EXCEPT:
A. premium must be calculable
B. premium must be affordable
C. teh risk must be catastrophic for the insurance company
D. the loss must have been accidental
the risk must be catastrophic for the insurance company
,Insurers may be classified according to their financial strength. This includes
all of the following factors except:
A. number of clients
B. loss experience
C. investment performance
D. operating expenses
number of clients
Agency is a relationship in which one person is authorized to represent and
act for
another person or a corporation. In insurance, the insurance agent acts on
behalf of:
A. the principal
B. the insured
C. the claimant
D. the adjuster
the principal (insurance company)
Which of the following types of advertising does not involve an agent
and is conducted through the mail, advertisement in newspapers and
magazines, on television and radio and through the internet:
A. Direct writing
B. Captive agency writing
C. Direct response
D. Cold calling
Direct Response
, Which of the following individuals represent only one insurance company:
A. an independent agent
B. a general agent
C. a captive agent
D. a managing general agent
a captive agent
What is a contract or device for transferring risk from a person, business or
organization to an insurance company:
A. insurance
B. Law of large numbers
C. Adhesion
D. agency
insurance
Carl hands out a business card with his company's logo to all new prospects
that he meets at a golf outing. This is an example of:
A. express authority
B. implied authority
C. apparent authority
D. agent authority
implied authority
EXAM ACTUAL COMPLETE REAL EXAM QUESTIONS AND CORRECT
ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+ |
GUARANTEED SUCCESS!! NEWEST EXAM | JUST RELEASED!!
The HO-5 type of homeowner's policy provides coverage on an all-risk
basis for all exposures except:
A. personal property
B. dwelling
C. tenant's personal vehicle
D. other structures
tenant's personal vehicle;
provides all-risk, open perils, coverage for personal property, dwelling,
and other structures.
If a fire causes damge to a building the fire is
A. a hazard
B. a peril
C. a risk
D. an exposure
A peril
,Wearing a seatbelt in a car is an example if which method of managing
risk?
A. Retain
B. Avoid
C. Reduce
D. Transfer
Reduce
State requires companies to have a license to sell insurance in the state. The
license is called:
A. a certificate of authority
B. a reinsurance license
C. a producer's license
D. an admittance license
a certificate of authority
All of the following are requirements of an insurable pure risk EXCEPT:
A. premium must be calculable
B. premium must be affordable
C. teh risk must be catastrophic for the insurance company
D. the loss must have been accidental
the risk must be catastrophic for the insurance company
,Insurers may be classified according to their financial strength. This includes
all of the following factors except:
A. number of clients
B. loss experience
C. investment performance
D. operating expenses
number of clients
Agency is a relationship in which one person is authorized to represent and
act for
another person or a corporation. In insurance, the insurance agent acts on
behalf of:
A. the principal
B. the insured
C. the claimant
D. the adjuster
the principal (insurance company)
Which of the following types of advertising does not involve an agent
and is conducted through the mail, advertisement in newspapers and
magazines, on television and radio and through the internet:
A. Direct writing
B. Captive agency writing
C. Direct response
D. Cold calling
Direct Response
, Which of the following individuals represent only one insurance company:
A. an independent agent
B. a general agent
C. a captive agent
D. a managing general agent
a captive agent
What is a contract or device for transferring risk from a person, business or
organization to an insurance company:
A. insurance
B. Law of large numbers
C. Adhesion
D. agency
insurance
Carl hands out a business card with his company's logo to all new prospects
that he meets at a golf outing. This is an example of:
A. express authority
B. implied authority
C. apparent authority
D. agent authority
implied authority
