TEXAS INSURANCE LICENSE EXAM 2024
ACTUAL EXAM 2 VERSIONS (VERSION A AND B)
COMPLETE 500 QUESTIONS WITH DETAILED
VERIFIED ANSWERS (100% CORRECT ANSWERS)
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Terms in this set (130)
Unless otherwise stated Actual cash value
by the policy, property
covered by the Building
and Personal Property
Coverage Form is valued
on what basis?
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,11/13/24, 10:56 AM TEXAS INSURANCE LICENSE EXAM 2024 ACTUAL EXAM 2 VERSIONS (VERSION A AND B) COMPLETE 500 QUESTIONS …
Under a Commercial The insurer may cancel the SERP after the insured
General Liability policy, all pays the premium
of the following
statements about the
supplemental extended
reporting period are
correct, except:
Which of the following PIP coverage covers insureds and their guests without
statements is correct regard to fault or to coordination of benefits
regarding PIP coverage in
Texas?
Which of the following Direct losses include additional living expenses
statements regarding
types of property loss is
incorrect?
What is the maximum $2,000
amount supplementary
payments coverage
provided by a Business
Auto policy will pay for
the cost of bail bonds
related to a covered
accident?
Under a Business Auto Labor must be performed at the place of disablement
policy, which of the to be covered
following statements
about towing coverage
provided under the
policy's physical damage
coverage is correct?
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, 11/13/24, 10:56 AM TEXAS INSURANCE LICENSE EXAM 2024 ACTUAL EXAM 2 VERSIONS (VERSION A AND B) COMPLETE 500 QUESTIONS …
Commercial Crime The mysterious disappearance of property
insurance policies are
typically able to cover
losses resulting from all of
the following, except:
An insured with a Personal Provided on an excess basis
Auto policy on their car is
using a non-owned auto
to run errands. Under the
insured's policy, liability
coverage for use of the
non-owned auto is:
After unintentionally Be paid in addition to the policy's liability limits
running a red light, L
causes an accident with T.
T's sedan is badly
damaged, and T's arm is
broken. A few months
after the accident, T brings
a suit against L, asking for
damages for medical
costs incurred for the
broken arm and other
injuries sustained in the
accident. Under Part A of
L's Personal Auto policy,
supplementary payments
in connection with the
insurer's defense will:
All of the following are Statute of limitations
common law defenses
against negligence,
except:
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