What is a peril Samenvattingen, Aantekeningen en Examens
Op zoek naar een samenvatting over What is a peril? Op deze pagina vind je 2739 samenvattingen over What is a peril.
Alle 2.739 resultaten
Sorteer op
-
PA Motor Vehicle Physical Damage Appraiser - Practice Exam 100+ questions correctly answered & verified
- Tentamen (uitwerkingen) • 20 pagina's • 2023
-
- $8.99
- 6x verkocht
- + meer info
PA Motor Vehicle Physical 
Damage Appraiser - Practice 
Exam 100+ questions correctly 
answered & verified 
True or False: Each appraiser, while engaged in appraisal duties, must carry his/her 
appraiser's license & display it to an owner of the vehicle or shop upon request: - 
ANSWER true 
What are the number of business days you have per Act 361 to inspect vehicle? - 
ANSWER 6 
How many days after an inspection should a total loss be offered to the owner? - 
ANSWER 5 
Aftermarket parts ...
-
PA Appraiser Licensing Exam (2023-2024 Update)- Questions & Answers (Graded A+)
- Tentamen (uitwerkingen) • 18 pagina's • 2023 Populair
-
Ook in voordeelbundel
-
- $10.99
- 2x verkocht
- + meer info
PA Appraiser Licensing Exam (2023-2024 Update)- Questions & Answers (Graded A+) 
PA Appraiser Licensing Exam (2023-2024 Update)- Questions & Answers (Graded A+) 
 
What are the number of business days you have per Act 361 to inspect a vehicle? - ANSWER - 6 
 
How many days after an inspection should a total loss be offered to the owner? - ANSWER - 5 
 
Aftermarket parts can only be used when? - ANSWER - The parts are listed and coded in the estimate 
 
Aftermarket - ANSWER - Nonoriginal equipmen...
-
RSK2601 MCQ EXAM PACK 2024
- Tentamen (uitwerkingen) • 183 pagina's • 2023
-
- $2.85
- 34x verkocht
- + meer info
TEST BANK 
Enterprise Risk Management 
S - The Marketplace to Buy and Sell your Study Material 
1 
RSK2601 TEST BANK 
Question 1 
Which one of the following is a benefit of effective risk and opportunity management? 
1) Improved profit certainty 
2) Increased shareholder value 
3) Increased stakeholder confidence Correct option 3 
4) Lower economic returns 
Explanation 
Improved cost certainty, sustainable shareholder value, increased stakeholder confidence and 
higher economic returns...
-
Property and Casualty License in Arkansas fully solved graded A+ 2024
- Tentamen (uitwerkingen) • 24 pagina's • 2024
-
Ook in voordeelbundel
-
- $17.99
- 1x verkocht
- + meer info
Property and Casualty License in ArkansasWhat is Insurance? - correct answer Transfers the risk of loss from individual to insurance co. 
 
What is Risk? - correct answer Chance of loss occurring 
 
What are 3 types of Hazards? - correct answer Physical, Moral, Morale 
 
What is a Peril? - correct answer Causes of loss insured against 
 
What does Indemnify mean? - correct answer Right for Reimbursement but only to the extent of the loss. Cannot gain from loss. 
 
Define Subrogation - correct an...
-
New York State Auto Damage and Theft quiz 17-71 exam 2024 with 100% correct answers
- Tentamen (uitwerkingen) • 46 pagina's • 2024
-
Ook in voordeelbundel
-
- $17.99
- 1x verkocht
- + meer info
Jim Smith is involved in a collision claim and is no longer able to use the vehicle to go to work. This "loss of use" is referred to as a: 
 
Direct loss 
Indirect loss 
Loss evaluation 
Consequential loss correct answersConsequential loss 
 
When the rear of the vehicle is damaged and there is a gap between the trunk lid and the quarter panel, what else on the vehicle should the appraiser check? 
 
The center pillar 
The trunk floor 
The quarter panels 
The frame rails correct answersTh...
Maak studiestress minder vervelend
-
MI Life Insurance Exam FX snapshot Q & A With Complete Solutions
- Tentamen (uitwerkingen) • 13 pagina's • 2023
-
Ook in voordeelbundel
-
- $11.49
- 1x verkocht
- + meer info
What is insurance? correct answer: Insurance transfers the risk of loss from an individual or business entity to an insurance company, which in turn spreads the costs of unexpected losses to many individuals. 
 
What is risk? correct answer: Risk is the uncertainty or chance of a loss occurring. 
 
What is peril? correct answer: Perils are the causes of loss insured against in an insurance policy. 
 
What are the elements of insurable risk? correct answer: Loss must be 
1. due to chance 
2....
-
Xcel Testing Solutions- Life and Health Insurance- Weighted Exam- 150 ACTUAL EXAM 500 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+
- Tentamen (uitwerkingen) • 30 pagina's • 2023
-
- $14.49
- 1x verkocht
- + meer info
Xcel Testing Solutions- Life and Health 
Insurance- Weighted Exam- 150 ACTUAL 
EXAM 500 QUESTIONS AND CORRECT 
ANSWERS (VERIFIED ANSWERS) |ALREADY 
GRADED A+ 
The Do Not Call Registry offers exemptions for calls placed from all of the 
following EXCEPT - CORRECT ANSWER insurance sales calls 
Charities, political organizations, and surveys are all offered exemptions from The 
Do Not Call Registry 
The type of policy where the insurer can send a notice to the insured that the 
policy has be...
-
ADJUSTER PRO EXAM WITH REVISED ANSWERS (2023)
- Tentamen (uitwerkingen) • 16 pagina's • 2023
-
Ook in voordeelbundel
-
- $11.99
- 8x verkocht
- + meer info
ADJUSTER PRO EXAM WITH REVISED 
ANSWERS (2023) 
Stu has a collection of rare comic books. He wants to purchase theft insurance for his 
collection, separate from his home and other property. What term most accurately 
describes the type of policy Stu would purchase? - CORRECT ANSWER-Monoline 
Policy 
Which of the following statements does NOT apply to the Standard Fire Policy? - 
CORRECT ANSWER-It automatically covers wind and vandalism. 
Which of the following refers to being restored to the ...
-
USAA Licensing Exam Verified Questions And Answers 2024
- Tentamen (uitwerkingen) • 19 pagina's • 2023
-
Ook in voordeelbundel
-
- $11.49
- 1x verkocht
- + meer info
Insurance - Transfer of risk from one person or organization to an insurance company 
 
Indemnity - The principle to restore the insured to the pre-loss economic or financial condition. 
 
Law of Large numbers - Mathematical principle used by insurers to predict losses to charge the appropriate premiums 
 
Insurable Interest - Proof that someone stands to lose financially if a loss occurs; must exist at the time of the loss in property and casualty insurance 
 
Binder - Temporary insurance contr...
-
KY Property & Casualty Insurance Exam 2024 with 100% correct answers
- Tentamen (uitwerkingen) • 10 pagina's • 2024
-
- $12.49
- 1x verkocht
- + meer info
Faulty wiring in a home is an example of a: 
a) loss 
b) peril 
c) risk 
d) hazard - correct answer Hazard 
 
When a person buys insurance what method of handling risk has been undertaken? 
a) transfer 
b) reduction 
c) avoidance 
d) retention - correct answer Transfer 
 
In property and casualty insurance, insurable interest must exist: 
a) at the time a change is made to a policy 
b) at the time of policy application 
c) at the time of loss 
d) at the time of policy solicitation - correct...
Studiestress? Voor verkopers op Stuvia zijn dit juist gouden tijden. KA-CHING! Verdien ook aan je samenvattingen en begin nu met uploaden. Ontdek alles over verdienen op Stuvia