And auto licensing Study guides, Class notes & Summaries

Insuring Agreement - ANSWER company's obligation to pay, includes the perils and coverage for specific or named peril policies Exclusions - ANSWER what the policy will not pay for Definitions - ANSWER names of the persons insured in addition to the named insured are listed here, along with any other (blank) of terms in the policy Additional Coverage - ANSWER coverages under a policy that are provided by the insurer at no extra cost Casualty Policies - ANSWER defense costs over and a...

NJ Property, Casualty, And Auto Licensing Exam Question & Correct Answer Insuring Agreement - CORRECT ANSWER-company's obligation to pay, includes the perils and coverage for specific or named peril policies Exclusions - CORRECT ANSWER-what the policy will not pay for Definitions - CORRECT ANSWER-names of the persons insured in addition to the named insured are listed here, along with any other (blank) of terms in the polic

AUTOMOTIVE DAMAGE APPRAISERS TEST 36 QUESTIONS AND ANSWERS Authority of the Auto Damage Appraiser Licensing Board (M.G.L. C. 26 Sec. 8G; 212 CMR 2.01) - answer 2.01: Scope of Regulations

Insuring Agreement - ANSWER-company's obligation to pay, includes the perils and coverage for specific or named peril policies Exclusions - ANSWER-what the policy will not pay for Definitions - ANSWER-names of the persons insured in addition to the named insured are listed here, along with any other (blank) of terms in the policy Additional Coverage - ANSWER-coverages under a policy that are provided by the insurer at no extra cost Casualty Policies - ANSWER-defense costs over and a...

Property and casualty insurance Exam Questions and Answers Updated Nov 2022. A banker is ready to close on a customer's loan. The bank is prepared to offer the loan but only if the customer purchases a life insurance policy from the bank in the amount of the loan. This is an example of A builder's risk form is most often written as which of the following? A building is insured, but no one has lived or worked in it for 10 years. The building is completely empty of any furniture or perso...

1. The real estate market is local in nature what does that mean? - ANSWER Information about real estate can best be found through local sources, which makes the real estate market local in nature 2. You would expect a real estate licensee to perform all of the following activities, EXCEPT: A. Providing expert knowledge about construction methods and materials B. Providing expert knowledge to members of the public in the performance of specified services of real estate C. Following up wi...

NJ Property, Casualty, and Auto Licensing Exam Questions and Answers.

New York State Property and Casualty Licensing Exam Questions and Answers Already Passed Pro Rata Liability Clause is included in an insurance policy to deal with the problem of Duplicate insurance policies The purpose of this clause is to illustrate the method to determine each insurer's liability in case of a loss. Each insurer pays its fair share determined by the percentage that the carrier's limit bears to the total coverage carried. pro rata liability If a loss occurs that is covered b...

NJ Property, Casualty, and Auto Licensing Exam With Complete Solutions Insuring Agreement - Correct Answer company's obligation to pay, includes the perils and coverage for specific or named peril policies Exclusions - Correct Answer what the policy will not pay for Definitions - Correct Answer names of the persons insured in addition to the named insured are listed here, along with any other (blank) of terms in the policy Additional Coverage - Correct Answer coverages under a po...

The County of Death - ANSWER-Who is responsible for the transportation costs when a body is delivered to the ME? 48 Hours - ANSWER-How long must a body be retained before being donated to medical science? Each Embalmers Instructor - ANSWER-Who's signature is required on the Embalmers quarterly report, when given instruction by different teaching embalmers? 30 Days - ANSWER-Employees must take the Communicable disease course within how many days of employment? The County Commissioner...