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Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: A. The first mortgagee, ABC B. The Insured C. Jointly to ABC and XYZ D. All listed interests - D. All listed interests Remember that the insurer is not responsible to know the degrees of interest. In the event of a loss, one payment is made by the insurer and it is up to the additional interests on working out thei...

302 NC POST LICENSING EXAM ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (ALREADY GRADED A+) | LATEST VERSION 2024 (JUST RELEASED)

Texas All Lines Adjuster Test - Questions And Answers 2023

MNG3701 ASSIGNMENT 1 SEMESTER 1 - 2024 DUE DATE: 26 MARCH 2024 QUESTIONS: 1 In the context of responsible management, responsibility focuses on stakeholder engagement with the aim to optimise stakeholder value. Discuss the concept of stakeholders. Your discussion should include the following: • Narrow and broader view of stakeholders. • Examples of stakeholders and how MTN adds value to its stakeholders. 2 Discuss MTN’s Commitment towards the SDGs. Your discussion should a...

Test Bank for Constitutional Law and the Criminal Justice System 7th Edition Harr / All Chapters 1 - 13 / Full Complete 2023 - 2024

DVA1502 Just updated NEW Exam pack 2023 (Detailed Answers) Perfect for Assignments too! See example page of answering to get an idea of the pack! This will help you so much, almost all questions ever asked are covered. Be careful when buying exam packs that do not show example pages and state "the latest" these are often not!

Adjuster Pro - Insurance adjuster test latest 2023 already passed What is insurance? protection against financial loss what is a premium a scheduled amount to be paid for an insurance policy. What are premiums used for premiums are collected into a "pool" or "reserve to pay out claimants when needed. how can insurance companies afford to pay for an individuals catastrophic loss? the insurer collects premiums from all policy holders and uses them to pay out the claims of a few. what is Ind...

The most common method of risk management is: A. The sharing of risk B. The assumption of risk C. The transfer of risk D. Risk avoidance - Answer- C. The transfer of risk Which of the following types of risk is associated with change is not insurable? A. Fundamental risk B. Particular risk C. Dynamic risk D. Static risk - Answer- C. Dynamic risk Insurers are able to calculate their probable losses and to establish the rates for premiums that will cover losses and operating expe...

ADJUSTER PRO EXAM WITH REVISED ANSWERS (2023) Stu has a collection of rare comic books. He wants to purchase theft insurance for his collection, separate from his home and other property. What term most accurately describes the type of policy Stu would purchase? - CORRECT ANSWER-Monoline Policy Which of the following statements does NOT apply to the Standard Fire Policy? - CORRECT ANSWER-It automatically covers wind and vandalism. Which of the following refers to being restored to the ...

Peril Correct Answer: Something that causes a loss. Hazard Correct Answer: Something that increases the probability that a loss will occur. Warranty Correct Answer: A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. Misrepresentation Correct Answer: An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. Concealment Correct Answer: Th...