Texas All lines adjuster license chapter 11 questions well answered graded A+
Texas All lines adjuster license chapter 11Commercial articles - correct answer This form covers the interests of the owner of commercial cameras musical instruments and related equipment and similar property of others that is in the insurance care? Property in transit - correct answer Items currently being transported from one location to another Annual Transit Policy - correct answer Inland Marine transportation insurance which protects the shipper or receiver of the goods of the property in transit. Trip Transit Policy - correct answer An Inland Marine transportation policy, similar to the Annual Transit policy, but designed to cover single shipments from companies that rarely use the shipping service Open Cargo Policy - correct answer Policy that covers all goods shipped or received by the insured during the policy's term; comparable to an inland marine annual trip transit policy, but without a set policy expiration date. Bailee Liability - correct answer This insurance protection is used to meet the needs of the person who have intentionally received temporary custody of goods or property belonging to others. A bailor gives up custody of their possessions to a bailee. The bailee becomes fully responsible for the goods, if anything happens to the good the bailee must replace them. bailee customer policy - correct answer these policies are written on a specific name peril basis and cover direct damage without regard to legal liability to goods in the control of laborers such as : cleaners, repairers, etc Motor Truck Cargo Policy - correct answer Inland Marine transportation insurance, which protects the carrier against its liability for damage to domestic shipments in its custody.
Written for
- Institution
- Texas all lines adjuster
- Course
- Texas all lines adjuster
Document information
- Uploaded on
- April 11, 2024
- Number of pages
- 2
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
-
texas all lines adjuster license chapter 11
Also available in package deal