Demetrius

An endorsement is available for hired and nonowned auto on BOP liability... A. Only if the insured does not have commercial auto coverage B. In addition to commercial auto coverage C. Only if the insured has 4 or more employees D. Never correct answer: A The Mail Coverage Form is always written on a reporting form basis; after the end of each reporting period shown in the declarations, reports are due within... A. 45 days B. 15 days C. 30 days D. 31 days correct answer: C The inl...

Judgement rating - Rating used by underwriters to rate one-of-a-kind risks. Schedule Rating - A rating plan that awards debits and credits based on specific categories, such as the care and condition of the premises or the training and selection of employees, to modify the final premium to reflect factors that the class rate does not include. expierence rating - insureds own past loss experience enters into the determination of the final premium Retrospective rating - A self-rating plan...

In Return for premium, and insurance company must.. correct answer: Be Fair in underwriting and pay covered losses In return for premium, an insurance company must be fair and impartial in underwriting of risks and must pay claims made for all covered losses. The part of a policy that clarifies terms in the policy is the correct answer: Definitions The valued policy statute applies in which of the following events? correct answer: In the event of a total loss by fire to a one or two ...

Financial(monetary interest) Blood(a relative) Business(a business partner) correct answer: 3 elements of insurable risk at the time of the loss correct answer: In property and casualty insurance, insurable interest must exist __ ___ ____ __ ___ ____ insured correct answer: anyone who is covered under the policy, whether named or not named insured correct answer: the individual whose name appears on the policy's declaration first named insured correct answer: the individual w...

What sublimit in a liability policy sets the maximum amount that will be paid for all claims arising from a single accident? correct answer: Per occurrence In reference to insurable interest, which of the following is NOT an element of insurable risk? correct answer: Personal Businessowners liability coverage automatically includes all of the following liability coverages EXCEPT correct answer: Pollution Once a binder is issued, it can last no longer than correct answer: 90 days ...

To be considered an insurable risk, a loss may NOT be correct answer: catastrophic Which of the following persons would be required to hold a producer license? correct answer: a nonresident agent who negotiates insurance contracts Which of the following is the oldest known type of insurance? correct answer: ocean marine The contents coverage on a homeowners policy would pay how much after the loss of one of a pair of golden candlesticks? correct answer: the difference in the actual ...

Policy Components correct answer: Policy Cover Common Declarations Interline Endorsements Common Policy Conditions Coverage Part Components correct answer: Declarations Coverage Forms Conditions Endorsements General Form Structure correct answer: General Liability Commercial Property Inland Marine Commercial Auto Equipment Breakdown Crime Farm Policy Components - Common Declarations correct answer: Lists who, what, where, when, and how much Lists coverage parts that ar...

Insurable Interest correct answer: Stand to suffer an economic loss - follows ownership! Has to be known when loss occurs Underwriting correct answer: Underwriters function is to evaluate risks - reviewing the application. Risk selection process Formula for Loss Ratio? correct answer: Loss Ratio = Incurred Losses + Loss Adjusting Expense / Earned Premium Rates correct answer: Amount charged Class Rates correct answer: All applicants based on certain characteristics: Same, age, s...

The members of a limited liability company are insureds under a businessowners policy (BOP) if correct answer: The limited liability company is designated as the named insured. An endorsement added to a businessowners policy that provides coverage for direct damage caused by utility service disruption stemming from a covered peril is called correct answer: Utility Services - Direct Damage. Which of the following would be the insured's duty in the event of a loss according to the duties ...

Earned Premium correct answer: Portion of the premium paid in advance that now belongs to the insurer because it applies to the elapsed part of the policy. Exposure Units correct answer: used as a measure of the rating units or the premium base of a risk Exposure Unit Formula correct answer: exposure units x rate = premium homogeneity correct answer: the degree to which items are similar implied warranty correct answer: a legal term meaning a product is suitable and lives up to ...

3 coverage forms available under dwelling program correct answer: -basic -broad -special forms Is liability coverage included under dwelling program? correct answer: No, but can be added Does the dwelling policy can be used to insure: a) dwelling only b)contents only c)both dwelling and contents d)all of the above correct answer: Does the dwelling policy can be used to insure: d)all of the above Structure of a DP Form correct answer: 1) Agreement 2) Definitions 3) Deductibl...

Abandonment correct answer: The abdication of insured property into the hands of another, or into the possession of no one in particular. Accident correct answer: An unplanned, unforeseen event which occurs suddenly and at a specific place. Actual Cash Value (ACV) correct answer: The required amount to pay damages or for property loss, which is calculated based on the property's current replacement value minus depreciation. Additional Coverage correct answer: A provision in an insu...

Insurance Transactions include what 4 tactics correct answer: Solicitation Negotiation Sale Advising 2 types of Risk correct answer: 1. Pure 2. Speculative Pure Risk Definition correct answer: A risk that can only can result in loss or no change Speculative Risk Definition correct answer: A risk that can result in either loss or gain What is the only type of risk insurance companies are willing to accept? correct answer: Pure Risk Exposure Definition correct answer: A u...

Sensitivity calculations, waveform measurements, digital concepts, Electrode placement, Localization and Polarity, Artifacts A 60uV wave at a sensitivity of 6uV/mm will produce a deflection of(have an amplitude of) correct answer: A=10mm (deflection or amplitude) A 10mm deflection at a sensitivity setting of 20uV/mm will have a voltage of? correct answer: 200uV 15mm 10uV/mm-whats the voltage? correct answer: 150uV 100uV 10uv/mm-whats the deflection? correct answer: 10mm State ...

Temporal intermittent rhythmic delta activity is associated with clinical finding? correct answer: Temporal lobe epilepsy Which EEG finding is most often associated with juvenile myoclonic epilepsy correct answer: 4-5hz generalized spike-wave discharges and high voltage polyspikes in sleep List the Lennox-Gastaut triad correct answer: 1-Mixed seizures including atypical absence, atonic, tonic and myoclonic 2. Cognitive dysfunction 3. Slow spike and wave pattern at 2-2.5hz What EEG ...

cerebrovascular accident (CVA) correct answer: a focal neurologic deficit of sudden onset caused by CNS ischemia or hemorrhag, TIA correct answer: Resolves within 24hours Agnosia correct answer: the inability to recognize familiar objects, people, sounds, shapes, or smells. Symptom common to tumors of parietal lobe aphasia correct answer: Complete loss of language function. i.e. speaking, writing, or ability to understand spoken or written language. Apraxia correct answer: Inabi...

Diplopia correct answer: Double vision Which normal waveform is NOT typically seen in the posterior leads? (Wickets, photic driving, Lambda, POSTS) correct answer: Wickets The EEG of a patient with Down's syndrome is most likely to show: correct answer: normal activity The sharpness of the frequency response curve is determined by the filter ___ correct answer: rolloff A lesion of the uncus may result in correct answer: olfactory hallucinations Delta brushes are seen in what...

The meninges, meaning membranes, are the outer coverings of these structures correct answer: Brain, spinal cord, and proximal nerve roots The three tissue layers enveloping the brain correct answer: 1) Dura Mater-outermost layer, strongest and thickest 2) Arachnoid Mater - thin membrane enclosers the subarachnoid space 3) Pia Mater - innermost layer, follows contour of cortex, composed of 2 layers highly vascular and sheaths blood vessels as they enter brain CSF filled pace between the...

What is Glossokinetic artifact? correct answer: Artifact from the tongue movement; tip of tongue is negative, root of tongue is positive. Monitor by placing one electrode above the mouth and one electrode below the mouth. Ask the patient to say lilt or la la la to reproduce the artifact What can be done to reduce sweat artifact? correct answer: Cooling head, whip area with alcohol wipe, air condition or fan. If unable to remove you can use LFF but annotate anything done to help or changed...

Which of the following is involved in the visual system? correct answer: lateral geniculate Using an amplification factor of 500,000, a 1uV brainstem auditory evoked potential waveform will be amplified to correct answer: .5v If the sampling rate is 5 msec, the highest frequency that can be resolved is: correct answer: 100HZ Where would you record P37? correct answer: Cpz Which cranial nerve destination is Muscles of mastication, with functions of chewing and sensations for touch...