Severability Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Severability? On this page you'll find 645 study documents about Severability.
All 645 results
Sort by
![CAIB 4 Exam Questions with Correct Answers](/docpics/3813930/654ec368b89ba_3813930_121_171.jpeg)
-
CAIB 4 Exam Questions with Correct Answers
- Exam (elaborations) • 11 pages • 2023
-
- $13.49
- 2x sold
- + learn more
CAIB 4 Exam Questions with Correct Answers 
 
What are the two approaches to planning? Explain each - Answer-1) Top Down Planning - Management provides the mission, strategies, and objectives for the brokerage 
2) Bottom Up Planning - Management provides the mission and broad strategies. Leaves the objectives, goals and activities to business units. 
 
What are the advantages and disadvantages of top down planning? - Answer-Advantages: Management feels in control and in charge of decision makin...
![Florida Insurance 20-44 Exam Study Questions and Answers 100% Correct](/docpics/3480191/650d0dc961339_3480191_121_171.jpeg)
-
Florida Insurance 20-44 Exam Study Questions and Answers 100% Correct
- Exam (elaborations) • 33 pages • 2023 Popular
-
Available in package deal
-
- $12.99
- 2x sold
- + learn more
Florida Insurance 20-44 Exam Study Questions and Answers 100% CorrectFlorida Insurance 20-44 Exam Study Questions and Answers 100% CorrectFlorida Insurance 20-44 Exam Study Questions and Answers 100% CorrectFlorida Insurance 20-44 Exam Study Questions and Answers 100% Correct 
insurance - ANSWER-________________ is a contract whereby one undertakes to indemnify another or pay or allow a specified amount or a determinable benefit upon determinable contingencies. 
 
casualty - ANSWER-_____________...
![Florida Claims Adjuster Exam | 206 Questions with 100% Correct Answers | 33 Pages](/docpics/63351fc4976eb_1993383.jpg)
-
Florida Claims Adjuster Exam | 206 Questions with 100% Correct Answers | 33 Pages
- Exam (elaborations) • 32 pages • 2022
-
Available in package deal
-
- $12.99
- 121x sold
- + learn more
Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: A. The first mortgagee, ABC B. The Insured C. Jointly to ABC and XYZ D. All listed interests - D. All listed interests Remember that the insurer is not responsible to know the degrees of interest. In the event of a loss, one payment is made by the insurer and it is up to the additional interests on working out thei...
![Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review| 332 Questions| 41 Pages](/docpics/6335230f555a0_1993398.jpg)
-
Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review| 332 Questions| 41 Pages
- Exam (elaborations) • 41 pages • 2022
-
Available in package deal
-
- $13.49
- 19x sold
- + learn more
Peril Correct Answer: Something that causes a loss. 
 
Hazard Correct Answer: Something that increases the probability that a loss will occur. 
 
Warranty Correct Answer: A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. 
 
Misrepresentation Correct Answer: An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. 
 
Concealment Correct Answer: Th...
![Florida Insurance 20-44 Exam Study Guide](/docpics/2938856/64930886591db_2938856_121_171.jpeg)
-
Florida Insurance 20-44 Exam Study Guide
- Exam (elaborations) • 33 pages • 2023
-
Available in package deal
-
- $12.99
- 3x sold
- + learn more
insurance - Answer- ________________ is a contract whereby one undertakes to indemnify another or pay or allow a specified amount or a determinable benefit upon determinable contingencies. 
 
casualty - Answer- ______________ insurance is insurance which pays on behalf of the insured's legal liability. 
 
liberalization - Answer- The ______________ provision broadens an insured's coverage without an increase in premium when the insurer has adopted a generic global policy revision. 
 
severabil...
![Florida Claims Adjuster Exam 206 Questions with 100% Correct Answers 33 Pages](/docpics/6406de9f16cbd_2443868.jpg)
-
Florida Claims Adjuster Exam 206 Questions with 100% Correct Answers 33 Pages
- Exam (elaborations) • 33 pages • 2023
-
- $13.99
- 3x sold
- + learn more
Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as 
additional interests on his homeowner policy. The insurance company will make a payment to: 
A. The first mortgagee, ABC 
B. The Insured 
C. Jointly to ABC and XYZ 
D. All listed interests - Correct Answer -D. All listed interests Remember that the insurer is not 
responsible to know the degrees of interest. In the event of a loss, one payment is made by 
the insurer and it is up to the additional in...
![Florida Claims Adjuster Exam 206 Questions with 100% Correct Answers | 33 Pages](/docpics/636134ba0453c_2073876.jpg)
-
Florida Claims Adjuster Exam 206 Questions with 100% Correct Answers | 33 Pages
- Exam (elaborations) • 36 pages • 2022
-
- $8.49
- 8x sold
- + learn more
Florida Claims Adjuster Exam Questions with Correct Answers 
1 / 36 
1. Frank owned a home that was destroyed by a hurricane. Both ABC and 
XYZ Banks were listed as additional interests on his homeowner policy.The 
insurance company will make a payment to: 
A. The first mortgagee, ABC 
B. The Insured 
C. Jointly to ABC and XYZ 
D. All listed interests: D. All listed interests 
Remember that the insurer is not responsible to know the degrees of interest. In 
the event of a loss, one payment is ma...
![Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review(updated 2023)](/docpics/63f9ef2962565_2409479.jpg)
-
Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review(updated 2023)
- Exam (elaborations) • 42 pages • 2023
-
Available in package deal
-
- $13.49
- 2x sold
- + learn more
Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review(updated 2023)Peril 
Something that causes a loss. 
 
 
 
Hazard 
Something that increases the probability that a loss will occur. 
 
 
 
Warranty 
A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. 
 
 
 
Misrepresentation 
An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. 
 ...
![Florida Public all lines adjuster questions and answers 100% correct](/docpics/634a4faf8dd03_2032299.jpg)
-
Florida Public all lines adjuster questions and answers 100% correct
- Exam (elaborations) • 8 pages • 2022
-
Available in package deal
-
- $10.49
- 4x sold
- + learn more
Subordination Correct Answer: When the insured collets damages from his or her own insurance company and those damages were caused by negligent third-party, the insurance company steps into the shoes of the insured and is entitled to recover the damages actually paid to the insured from the negligent party 
 
liability insurance Correct Answer: Means that the payment by the insurance company will be made to a third-party injured or damaged by the insured. An insured can we never recover damage...
![Florida Claims Adjuster Exam (100% Correct answers)](/docpics/4336949/65b3897d2ec4b_4336949_121_171.jpeg)
-
Florida Claims Adjuster Exam (100% Correct answers)
- Exam (elaborations) • 25 pages • 2024
- Available in package deal
-
- $12.99
- + learn more
Severability correct answers Insurance applies separately to each insured as if other insureds did not exist. 
 
Abandonment correct answers Property insurance policies usually contain a(n) __________ clause, *stating the insured cannot dump damaged property on the insurer and demand its full value.* 
 
Insurable Interest correct answers One wherein economic loss would be suffered from an adverse happening to the subject. 
 
Liberalization correct answers States that if the insurer adopts a revi...
![Verkoop je kennis op stuvia](https://www.stuvia.com/hosted-imgs/app/stock-fotos/banner_seller_big.jpg)
How much did you already spend on Stuvia? Imagine there are plenty more of you out there paying for study notes, but this time YOU are the seller. Ka-ching! Discover all about earning on Stuvia