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Property and Casualty Exam- Louisiana Questions And Answers Should 2 or more insurers issue a combined Standard Fire Policy insuring a single risk, in the event of a loss, the insured must notify - ANS Any of the insurers providing coverage. The policy conditions define - ANS How parties to the contract must act following a loss. Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEP...

LOUISIANA PROPERTY AND CASUALTY INSURANCE EXAM 2024 | ACCURATE 2 CURRENTLY TESTING REAL EXAM WITH STUDY GUIDE | ACTUAL WITH EXPERT VERIFIED QUESTIONS AND ANSWERS WITH RATIONALES | GUARANTEED PASS

Louisiana Property and Casualty Exam- Updated Questions and Answers Should 2 or more insurers issue a combined Standard Fire Policy insuring a single risk, in the event of a loss, the insured must notify Correct Answer Any of the insurers providing coverage. The policy conditions define Correct Answer How parties to the contract must act following a loss. Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the follo...

Louisiana Property and Casualty Exam With Verified Answers 2024:2025 In which type of commercial crime policy coverage is triggered by a loss that happens during the policy period but is not necessarily discovered during the policy peri Correct Answer Robbery is: Correct Answer Taking of property by use of force, violence, or fear The crime of forced entry into the premises of another by a persons with felonious intent is defined as: Correct Answer Burglary Erroneous Publishing copi...

LOUISIANA PROPERTY AND CASUALTY INSURANCE EXAM LATEST 2024 ACTUAL QUESTIONS AND CORRECT ANSWERS |GRADED A+

180 days - The maximum term a temporary license may be issued for is 32 - Continuing Education hours for a producer holding both a L&H and a P&C is every odd numbered year - Property & Casualty licenses must be renewed $25,000 - What is the maximum fine that may be imposed for a willful violation of a cease and desist order issued by the commissioner? April 30th of odd years - P&C producers license expires on Must reside or maintain a principal place of business in Louisiana - A r...

Driver A has a personal auto policy with Part C: UM/UIM limits of 100/300. He is injured by Driver B who has Part A: Bodily Injury Liability limits of 50/100. It is determined that Driver B is at fault for the accident. Driver A has $125,000 in medical expenses. How much will his Part C: UM/UIM coverage pay? a) $125,000 b) $75,000 c) $50,000 d) $25,000 - c) $50,000 Underinsured motorist coverage acts as excess over the at-fault motorist's coverage. It will pay the difference between the...

Louisiana Property and Casualty Insurance Practice Quiz exam questions with 100% correct answers

Louisiana Property and Casualty Insurance Exam (Verified Solution) With Rationale Driver A has a personal auto policy with Part C: UM/UIM limits of 100/300. He is injured by Driver B who has Part A: Bodily Injury Liability limits of 50/100. It is determined that Driver B is at fault for the accident. Driver A has $125,000 in medical expenses. How much will his Part C: UM/UIM coverage pay? a) $125,000 b) $75,000 c) $50,000 d) $25,000 c) $50,000 Underinsured motorist coverage acts as ...

Louisiana Property and Casualty Insurance Exam Questions And Answers