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Exam (elaborations)
Property and Casualty Exam Louisiana Insurance Agent Test Review questions with 100% correct answers latest update 2023
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---38January 20242023/2024A+
- Property and Casualty Exam Louisiana Insurance Agent Test Review questions with 100% correct answers latest update 2023
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STUDYGUIDESET
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Exam (elaborations)
Property and Casualty Exam Louisiana Insurance Agent Test Review Questions With Certified Answers
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---38November 20232023/2024A+
- All of the following situations would be covered under a professional liability policy - ANSWERSAn accountant's error that inflated a bid and caused a client to lose a major account., Negligence of an architect who designed an unsafe building., Failure of a doctor to render the quality of care that is customary in the medical field, .EXCEPT The failure of an attorney to properly defend a client due to his personal dislike of the client 
 
Under a professional liability policy - ANSWERSIntention...
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JOAN100
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Package deal
Louisiana Property and Casualty Insurance Exam Bundles
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---21September 2023
- LA Claims Adjuster Property and Causality Practice , Exam Prep, State Insurance Laws , Property and Casualty Insurance Basics, Louisiana Property and Casualty Insurance Law , Property and Casualty Insurance EXAM Correct Questions & Answers(SCORED A)
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papersmaster01
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Exam (elaborations)
Property and Casualty Exam Louisiana Insurance Agent Test Review Correct 100%(SCORED A+)
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---38September 20232023/2024A+
- work, the insured comes back to find his $400 couch torn apart, his $100 coffee table chewed up, his $50 window curtain shredded, and a $200 window pane shattered where his dog jumped through. The insured has personal property coverage under a special form dwelling policy. How much of this loss will the policy cover? - ANSWERS$0 
 
Damage that results from domestic animals - ANSWERSis excluded under the special form dwelling policy 
 
What is the basic limit for costs incurred at the place a veh...
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Nursingiseverthing
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Exam (elaborations)
Property and Casualty Exam Louisiana Insurance Agent Test Review Correct 100%(SCORED A)
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--38September 20232023/2024A+Available in bundle
- All of the following situations would be covered under a professional liability policy - ANSWERSAn accountant's error that inflated a bid and caused a client to lose a major account., Negligence of an architect who designed an unsafe building., Failure of a doctor to render the quality of care that is customary in the medical field, .EXCEPT The failure of an attorney to properly defend a client due to his personal dislike of the client 
 
Under a professional liability policy - ANSWERSIntention...
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$13.99 More Info
papersmaster01
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Exam (elaborations)
LA Claims Adjuster Property and Causality Practice Exam 2 Correct 100%
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---18September 20232023/2024A+
- A single Declarations page common to all coverages 
A single conditions section common to all coverages - ANSWERSA commercial package policy always includes 
 
Send the insured a reservation of rights letter - ANSWERSIf the insured fails to report claim in a timely fashion, the adjuster will immediately ___ 
 
$1000 per person - ANSWERSThe basic limit for coverage F-medical payments of the standard homeowners form is normally 
 
$250 - ANSWERSThe CGL provides up to ___per day for loss of earning...
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shantelleG
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Exam (elaborations)
Louisiana P&C Adjuster Exam Prep Correct 100%
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---16September 20232023/2024A+
- The one who receives the authority to act on behalf of someone else? - ANSWERSAgent 
 
what does a sale's agent receive authority for? - ANSWERSto sell 
 
An insurance agent receives authority to what? - ANSWERSSettle claims brought against the insurer 
 
How do agents receive their authority? - ANSWERSwritten contract 
 
What is the power to bind? - ANSWERSan agent's authority can bind: 
 
-what an agent says or does can bind insurer 
-agents should take the utmost care in what they say or d...
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shantelleG
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Exam (elaborations)
Louisiana State Insurance Laws (P&C Exam)Correct 100%
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--15September 20232023/2024A+
- A ******* is a person required under this state's laws to be licensed to sell, solicit, or negotiate insurance. This includes all persons or business entities referred to as "insurance agent", "agent", "insurance broker", "broker", "insurance solicitor", "solicitor", or "surplus lines broker". - ANSWERSIndividual producer 
 
A person applying for a producer license must: - ANSWERS-atleast 18 years old 
-Reside, or maintain their place of business in LA 
-Not committed any act tha...
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shantelleG
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Exam (elaborations)
Property and Casualty Insurance EXAM Correct Questions & Answers(Latest Update 2023)
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---29September 20232023/2024A+
- Specific insurance - ANSWERSThis type of insurance designates a particular item to be insured 
 
Blanket insurance - ANSWERSThis type of insurance covers more than one item of property at a single location or one more items of property at multiple locations. 
 
Speculative - ANSWERSpossibility of both gain and loss. Not insurable. 
 
Pure - ANSWERSonly the possibility of loss. Insurable. 
 
What are the 5 methods of managing or handling risk? - ANSWERSavoid, control, retain, and transfer risk. 
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shantelleG
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Exam (elaborations)
LA Claims Adjuster Property and Causality Exam (Louisiana Adjuster Law)Correct 100%
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---3September 20232023/2024A+
- Resident License - ANSWERSBefore issuing a claims adjuster license to an applicant under this section the commissioner of insurance must find that the applicant is eligiable 
 
-designate LA as his or her home state or is a non-resident eligible for a license resident 
-Has not committed any act that is ground for denial, suspension, or revocation 
-has paid required fees 
-Maintains an office in home state 
-Has written consent of commission or insurance pursuant to federal laws regulating cri...
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shantelleG