Property in transit Study guides, Class notes & Summaries
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![Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers,100% CORRECT](/docpics/3894661/656067c1c71be_3894661_121_171.jpeg)
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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers,100% CORRECT
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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers 
 
Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities 
 
CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads 
 
Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...
![Property & Casualty Insurance License Test Updated 2022 > Pass the P&C Insurance Licensing Exam With Flying Colors.](/docpics/637bfb387194f_2124836.jpg)
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Property & Casualty Insurance License Test Updated 2022 > Pass the P&C Insurance Licensing Exam With Flying Colors.
- Summary • 24 pages • 2022
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Property and casualty insurance Exam Questions and Answers Updated Nov 2022. 
A banker is ready to close on a customer's loan. The bank is prepared to offer the loan but only if the customer purchases a life insurance policy from the bank in the amount of the loan. This is an example of 
 
A builder's risk form is most often written as which of the following? 
 
A building is insured, but no one has lived or worked in it for 10 years. The building is completely empty of any furniture or perso...
![AINS 103 (Latest 2023/ 2024 Update) Exploring Commercial Insurance Exam Practice Questions and Verified Answers| 100% Correct| Grade A](/docpics/4018685/657a16a0db71e_4018685_121_171.jpeg)
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AINS 103 (Latest 2023/ 2024 Update) Exploring Commercial Insurance Exam Practice Questions and Verified Answers| 100% Correct| Grade A
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AINS 103 (Latest 2023/ 2024 Update) Exploring Commercial Insurance Exam Practice Questions and Verified Answers| 100% Correct| Grade A 
 
Q: Joe Motors, which services automobiles, wants to maintain the goodwill of its customers. This is best accomplished by 
Select one: 
A. Purchasing garage liability insurance. 
B. Purchasing garage keepers insurance. 
C. Lowering the physical damage deductible under its business auto insurance. 
D. Raising liability limits under its business auto insurance. 
...
![AMIM 122 Study Guide Questions & Answers Already Passed!!](/docpics/5226096/663af6e4bcdcd_5226096_121_171.jpeg)
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AMIM 122 Study Guide Questions & Answers Already Passed!!
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Which one of the following statements describes a benefit of using an intermodal cargo container to ship 
cargo? - Answer-Intermodal containers can be transferred from ship to truck without disturbing the 
contents. 
coinsurance formula 2.28 - Answer-1.Multiply the value of covered property, except property in transit, 
at the time of loss by coinsurance percentage 
2.Divide the limit of insurance of the property by the figure determined in Step 1 
3.Multiply the total amount of loss, before the...
![AINS 103 (New 2023/ 2024 Update) Exploring Commercial Insurance Exam Practice _Questions and Verified Answers_ 100% Correct_ Graded A](/docpics/4036518/657db7196928d_4036518_121_171.jpeg)
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AINS 103 (New 2023/ 2024 Update) Exploring Commercial Insurance Exam Practice _Questions and Verified Answers_ 100% Correct_ Graded A
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AINS 103 (New 2023/ 2024 Update) 
Exploring Commercial Insurance Exam 
Practice _Questions and Verified Answers_ 
100% Correct_ Graded A 
 
QUESTION 
 A carrier that is prevented by an accident from delivering the cargo aboard its ship may face an 
exposure called loss of freight, which is 
Select one: 
A. The compensation the carrier receives for transporting cargo. 
B. A penalty the carrier pays the shipper for nondelivery. 
C. The liability for loss or damage to the cargo entrusted to it. ...
![Pennsylvania Property & Casualty 2024](/docpics/4869608/66070ddabf3e5_4869608_121_171.jpeg)
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Pennsylvania Property & Casualty 2024
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Policy Conditions - correct answer How parties to the contract must act following a loss 
 
Discovery Form in Commercial Ins. - correct answer an occurrence taking place at any time & discovered during the policy period or extended reporting period (60 days) 
 
Vacant - correct answer Absence of people and property 
 
Filed form in Commercial - correct answer a form that may require an insurer to file for rate & form approval 
 
Unfiled form in Commercial - correct answer may not require an appr...
![ARKANSAS P&C EXAM QUESTIONS AND ANSWERS](/docpics/5499819/665a2a6841e84_5499819_121_171.jpeg)
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ARKANSAS P&C EXAM QUESTIONS AND ANSWERS
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The major portion of the premium for an equipment breakdown policy pays 
-For repairs after a loss. 
-For coverage for bodily injury and property damage of others. 
-For replacement parts. 
-For inspections and examinations. - Answer-For inspections and examinations. 
 
#3. 
The party to a surety or fidelity bond who promises to fulfill the obligation is the 
a) 
Principal. 
b) 
Custodian. 
c) 
Surety. 
d) 
Obligee. - Answer-Principal 
 
#4. 
An insurer neglects to pay a legitimate claim that is...
![CIC COMMERCIAL MULTI-LINES](/docpics/4064205/658354c189fa7_4064205_121_171.jpeg)
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CIC COMMERCIAL MULTI-LINES
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The purpose of the definition of Marine is - Answer- to describe the kinds of risks and coverage's which may be classified or identified under state insurance laws as Marine, Inland Marine, or Transportation 
 
Who needs inland marine coverage's? - Answer- Business that have an exposure to property in transit or property that in not in a fixed location 
 
Imports - Answer- Goods coming into the US 
 
Exports - Answer- Goods going out of the US 
 
Domestic Shipments - Answer- Goods moving aroun...
![AINS 21 practice exam questions and answers 2022.](/docpics/633212d90ff3d_1988127.jpg)
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AINS 21 practice exam questions and answers 2022.
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when selecting a distribution channel, which one of the following is important consideration with regard to customer needs and characteristics 
... 
 
 
Which of the following statements is correct regarding characteristics of ideally insurable loss exposures 
ideally, loss exposures should be spread across a large number of similar exposure units within the same period 
 
 
The type of insurance that provides periodic income payments to an insured who is unable to work because of sickness or in...
![Arkansas Property and Casualty Exam with complete solutions](/docpics/4623197/65df61a95a9cd_4623197_121_171.jpeg)
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Arkansas Property and Casualty Exam with complete solutions
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Arkansas Property and Casualty ExamNationwide marine insurance - correct answer . All property must contain an element of transportation to be eligible under inland marine coverage forms. Specifically, it must be in transit, be moveable, bear a relationship to transportation or communication, or be held in the possession of a bailee, who is someone other than the property owner. 
 
The Nationwide Marine Definition defines 6 broad classes of property that may be insured under marine contracts. Th...
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