Eliminating property Study guides, Class notes & Summaries

agent - legal representative of an insurance company; the classification of producer usually includes agents and brokers; agents are the agents of the insurer insured - the person covered by the insurance policy; this person may or may not be the policyowner broker - an insurance agent not appointed by an insurer and is deemed to represent the client insurance policy - a contract between a policyowner (and/or insured) and an insurance company which agrees to pay the insured or the benef...

MNO2603 Assignment 3 - DUE 17 April 2024 ;100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... Question 1 Correct Mark 1.00 out of 1.00 Flag question Question text ____________ interlocks are designed to prevent catastrophes that could result in injury, loss of life and property damage. a. Process b. Safety c. Intrinsic d. Closed loop Feedback The correct answer is: Safety Que...

CPCU 500 Exam Questions With 100% Correct Answers Key questions in determining insurable interest - answer1. What is insurable interest 2. When must insurable interest exist 3. Why require insurable interest 4. What is the legal basis of insurable interest 5. What happens when insurable interest overlap Problems associated with maintain insurance to value - answer1. The amount of insurance required to maintain insurance to value is based on the property's value at the time of loss, but ...

Key questions in determining insurable interest - Answer- 1. What is insurable interest 2. When must insurable interest exist 3. Why require insurable interest 4. What is the legal basis of insurable interest 5. What happens when insurable interest overlap Problems associated with maintain insurance to value - Answer- 1. The amount of insurance required to maintain insurance to value is based on the property's value at the time of loss, but the limit is chosen at the time of policy incep...

Nebraska Life and Health Insurance Exam Questions and Answers Already Passed What is Insurance? a contract in which 1 party (insurance company) agrees to indemnify (make whole) the insured party against loss, damage, or a liability arising from an unknown event. What is life insurance? a policy that protects survivors from losses suffered after an insured's death What does insurance do? transfers the risk of loss from an individual or business entity to an insurance company whi...

COSC 1307 Chapter 2 Test with All Correct Answers What is a mathematical property of an algorithm? - Answer-Variance bias What is a category of AI that attempts to emulate the way the human brain works? - Answer-Neural network What is a result of training data that is influenced by cultural or other stereotypes? - Answer-Prejudice bias What results in a product or service received by an organization's external customer? - Answer-Customer-facing processes ______ process modeling i...

CGFM Part 2 - Comprehensive Review Latest 2023 Graded A+ GASB | Financial Statement Components 1. Auditor's Report 2. MD&A 3. Basic Financial Statements - Government-Wide Financials (Icing) - Fund Financials (Layers) - Notes (Filling that holds the layers together) 4. RSI 5. Combining Statements & Individual Fund Statements GASB | Statistical Section Components 1. Financial Trends 2. Revenue Capacity 3. Debt Capacity 4. Demographics and Economics 5. Operations Examples of Direct Costs - Salar...

Key questions in determining insurable interest - 1. What is insurable interest 2. When must insurable interest exist 3. Why require insurable interest 4. What is the legal basis of insurable interest 5. What happens when insurable interest overlap Problems associated with maintain insurance to value - 1. The amount of insurance required to maintain insurance to value is based on the property's value at the time of loss, but the limit is chosen at the time of policy inception 2. The ins...

1. What is the system operating in most states that removes juvenile status offenders and delinquents from the jurisdiction of the courts when possible? a. b. c. d. ANSWER: POINTS: REFERENCES: QUESTION TYPE: HAS VARIABLES: LEARNING OBJECTIVES: KEYWORDS: DATE CREATED: DATE MODIFIED: Plea Bargaining Charge Bargaining Diversion Parole 2. What city, in 1985, hosted its first citizen police academy? a. b. c. d. ANSWER: POINTS: REFERENCES: QUESTION TYPE: HAS VARIABLES: LEARNING OBJECTIVE...

PSI Real Estate Salesperson Exam 1 With Correct Answers Which of the following would NOT be considered Real Property? 1. Mineral Rights 2. A Leasehold Estate 3. Fixtures 4. Air -answer 2. A Leasehold Estate The servient estate in an easement appurtenant is the property 1. owned by the landlord 2. on which the easement is placed 3. owned by the tenant 4. that benefits from the easement -answer 2. on which the easement is placed Which of the following statements concerning encumbrances...