Personal Lines License 20-44
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Practice questions for this set
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the section of an insurance contract which shows who is insured, what
property or risk is covered, when and where coverage is effective and how
much coverage applies
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1 Warranty 2 Primary
3 authorized insurer Declarations
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Terms in this set (82)
, Warranty policy condition, either based on information in the
insured's application or inserted by the insurer
Misrepresentation an untrue statement by the insured, made in an
application but does not become a part of the
policy
Broad Evidence Rule a method of determing the true insurable worth of
a structure or vehicle according to any measure
that will prvoide the most accurate analysis of that
property's value
State a jurisdiction other than the state of Florida (any
state, district, territory, or commonwealth in the
U.S.)
authorized insurer one authorized by a subsisting certificate of
authority issued by the department to transact
insurance in this state
Office of Insurance Regulation regulation, compliance, and enforcement of
statutes related to the business of insurance and
the monitoring of industry markets (regulatory
oversight of company solvency, policy forms and
rates, market conduct performance, and new
company entrants in the FL market
Causes of Loss Form specifies what perils are insured against and lists
exclusions. Several different versions provide
increasingly broad coverage from Basic to Broad
to special. An earthquake form is also available
Save
Practice questions for this set
Learn 1 /7 Study using Learn
the section of an insurance contract which shows who is insured, what
property or risk is covered, when and where coverage is effective and how
much coverage applies
Give this one a go later!
1 Warranty 2 Primary
3 authorized insurer Declarations
Press any key to
Don't know?Continue
continue
Terms in this set (82)
, Warranty policy condition, either based on information in the
insured's application or inserted by the insurer
Misrepresentation an untrue statement by the insured, made in an
application but does not become a part of the
policy
Broad Evidence Rule a method of determing the true insurable worth of
a structure or vehicle according to any measure
that will prvoide the most accurate analysis of that
property's value
State a jurisdiction other than the state of Florida (any
state, district, territory, or commonwealth in the
U.S.)
authorized insurer one authorized by a subsisting certificate of
authority issued by the department to transact
insurance in this state
Office of Insurance Regulation regulation, compliance, and enforcement of
statutes related to the business of insurance and
the monitoring of industry markets (regulatory
oversight of company solvency, policy forms and
rates, market conduct performance, and new
company entrants in the FL market
Causes of Loss Form specifies what perils are insured against and lists
exclusions. Several different versions provide
increasingly broad coverage from Basic to Broad
to special. An earthquake form is also available
