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NJ Life Producer Exam Graded A+

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NJ Life Producer Exam Graded A+ Dwelling Policy - ANSWEROnly insures property DP-1 - ANSWERBasic Form DP-2 - ANSWERBroad Form DP-3 - ANSWERSpecial Form Dwelling Coverage A - ANSWERDwelling- Covers dwelling, structures attached to dwelling, and materials/supplies for the dwelling. Dwelling Coverage B - ANSWEROther Structures- Insures buildings on premise but separate from the dwelling. Dwelling Coverage C - ANSWERPersonal Property- Covers the insured's personal property and must be requested. If rental property, a tenant's property is not covered. Dwelling Coverage D - ANSWERFair Rental Value- Covers insured in the event a covered loss makes the rental portion of a property unfit for normal use. Dwelling Coverage E - ANSWERAdditional Living Expense- Included in DP- 2 & DP-3 and pays for additional living expenses the insured incurs after a loss. DP-1 by endorsement. HO-2 - ANSWERBroad Form. Owner Occupied HO-3 - ANSWERSpecial Form. Owner Occupied

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