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Bundle for Exam Fx Tests Compilation | Verified

Bundle for Exam Fx Tests Compilation | Verified

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Exam Fx-Property and Casualty Exam | 90 Questions with 100% Correct Answers

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To be considered an insurable risk, a loss may NOT be - catastrophic Which of the following persons would be required to hold a producer license? - a nonresident agent who negotiates insurance contracts Which of the following is the oldest known type of insurance? - ocean marine The contents cov...

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Examfx practice test | 93 Questions with 100% Correct Answers

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The Louisiana insurance Guaranty Association Board of Directors are placed in office by - election and appointment States with monopolistic state workers compensation funds - Do not allow private insurers to be licensed to write workers compensation coverage This state provided for a temporary l...

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1 - ExamFX Life and Health - General Insurance / Completing Application, Underwriting and Delivering The Policy | 50 Questions with 100% Correct Answers

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What two elements are necessary to a life insurance contract to have a legal purpose? - 1. Insurable Interest 2. Consent Insurance is a contract that protects the insured from what? - Loss What Type of Risk is Insurable? - Pure What is the term for the causes of loss insured against in a insura...

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ExamFx property and casualty | 976 Questions with 100% Correct Answers | 141 Pages

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1. In dwelling policies, automatic increase in insurance is (Choose from the following options) 1. Coverage for newly acquired property. 2. Coverage by endorsement. 3. Automatic coverage. 4. Coverage without additional premium. - 2. Coverage by endorsement. 2. Personal business property out in...

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Exam FX Stimulation | 150 Questions with 100% Correct Answers | 35 Pages

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1. In dwelling policies, automatic increase in insurance is (Choose from the following options) 1. Coverage for newly acquired property. 2. Coverage by endorsement. 3. Automatic coverage. 4. Coverage without additional premium. - 2. Coverage by endorsement. 2. Personal business property out in...

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Exam Fx Flashcards: Insurance Regulation/Laws, Rules and Regulations Common to All Lines | 100% Correct Answers

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To whom may a certificate of authority be issued? - To an insurer authorized to transact business in this state Who must be a member of insurance guaranty associations? - Any authorized insurer within a state If an insurer meets the state's financial requirements and is approved to transact bu...

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