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Exam (elaborations)
Property Certification Exam MS | 100 Questions with 100% Correct Answers | Verified | 52 Pages
Which peril is covered under the Dwelling Form DP-1? 
A 
Weight of ice, snow or sleet 
B 
Lightning 
C 
Falling objects 
D 
Freezing - lightning 
Which of the following is an example of a peril? 
A 
Indifference 
B 
Unlocked front door to a home 
C 
Earthquake 
D 
Gasoline stored on the premises - Earthquake
Exam (elaborations)
Property Certification Exam AD Banker Questions And Answers 100% Pass
Popular©BRIGHTSTARS EXAM SOLUTIONS 
10/21/2024 9:24 PM 
Property Certification Exam AD Banker 
Questions And Answers 100% Pass 
For insurance purposes, an unfurnished beach house in which no one lives is considered: 
1.Empty 
2.Vacant 
3.Unused 
4.Unoccupied - answerVacant 
Which peril is covered under the DP-1? 
1.Freezing 
2.Weight of ice, snow, or sleet 
3.Falling objects 
4.Lightning - answerLightning 
An insured and insurer will utilize which of the following when they are unable to agree on the ...
Exam (elaborations)
Property Certification Exam #1361 Questions And Answers 100% Pass
Property Certification Exam #1361 Questions 
And Answers 100% Pass 
Which condition provides the insurer the right to collect against a responsible third party? 
A 
Restoration 
B 
Subrogation 
C 
Liberalization 
D 
No Benefit to Bailee - answerB 
Subrogation 
The scrap value of damaged property is the: 
A 
Salvage value 
B 
Appraisal value 
C 
Actual cash value 
D 
Arbitration value - answerA 
©BRIGHTSTARS EXAM SOLUTIONS 
10/21/2024 9:24 PM 
Salvage value 
Lightning strikes a home and starts a...
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Property and Casualty Insurance Bundled Exams with complete solution everything you need | 2023
Property and Casualty Insurance Bundled Exams with complete solution everything you need | 2023
Exam (elaborations)
Property Certification Exam MS | 103 Questions and Answers(A+ Solution guide)
Which peril is covered under the Dwelling Form DP-1? 
A 
Weight of ice, snow or sleet 
B 
Lightning 
C 
Falling objects 
D 
Freezing - lightning 
Which of the following is an example of a peril? 
A 
Indifference 
B 
Unlocked front door to a home 
C 
Earthquake 
D 
Gasoline stored on the premises - Earthquake 
Which section of an insurance policy states the obligations of the parties to the contract? 
A 
ConditionsB 
Insuring Clause 
C 
Declarations 
D 
Exclusions - conditons