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NJ Property/ Casualty Insurance Exam Set Questions & Answers
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Why was the commercial Insurance Deregulation Act Created? -ANSWER To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices 
 
Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? -ANSWER Commercial policies 
 
When must rate amendments & policy forms be filed with the commissioner? -ANSWER 30 days before 
 
What losses are excluded from flood insurance? -ANSWER -Landslides 
-Sewer backu...
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NJ Property, Casualty, and Auto Licensing Exam Questions 100% Answered
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Insuring Agreement -ANSWER company's obligation to pay, includes the perils and coverage for specific or named peril policies 
 
Exclusions -ANSWER what the policy will not pay for 
 
Definitions -ANSWER names of the persons insured in addition to the named insured are listed here, along with any other (blank) of terms in the policy 
 
Additional Coverage -ANSWER coverages under a policy that are provided by the insurer at no extra cost 
 
Casualty Policies -ANSWER defense costs over and above ...
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Final Exam Questions Property and Casualty - NJ STATE EXAM WITH STUDY GUIDE EXAMFX Questions and answers latest update 2024
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Final Exam Questions Property and Casualty - NJ STATE EXAM WITH STUDY GUIDE EXAMFX Questions and answers latest update 2024
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NJ Property and Casualty Insurance Questions and answers latest update 2024
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NJ Property and Casualty Insurance Questions and answers latest update 2024
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NJ property and casualty Test Questions and answers latest update 2024
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NJ property and casualty Test Questions and answers latest update 2024
Too much month left at the end of the money?
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NJ Property Casualty Insurance Exam Set Questions and answers latest update 2024
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NJ Property Casualty Insurance Exam Set Questions and answers latest update 2024
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NJ Property, Casualty, and Auto Licensing Exam Questions and answers latest update 2024
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NJ Property, Casualty, and Auto Licensing Exam Questions and answers latest update 2024
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NJ PSI Property and Casualty Exam Questions and answers latest update 2024
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NJ PSI Property and Casualty Exam Questions and answers latest update 2024
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NJ Property/ Casualty Insurance Exam Set With 100% Correct Answers 2023.
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NJ Property/ Casualty Insurance Exam Set With 100% Correct Answers 2023. 
 
 
Why was the commercial Insurance Deregulation Act Created? 
To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices 
Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? 
Commercial policies 
When must rate amendments & policy forms be filed with the commissioner? 
30 days before 
What losses are excluded from...
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NJ Property, Casualty, And Auto Licensing Exam With 100% Correct Answers 2023.
- Exam (elaborations) • 11 pages • 2024
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NJ Property, Casualty, And Auto Licensing Exam With 100% Correct Answers 2023. 
 
 
Insuring Agreement 
company's obligation to pay, includes the perils and coverage for specific or named peril policies 
Exclusions 
what the policy will not pay for 
Definitions 
names of the persons insured in addition to the named insured are listed here, along with any other (blank) of terms in the policy 
Additional Coverage 
coverages under a policy that are provided by the insurer at no extra cost 
Casualt...
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