Paugrades1479

Homeowner's policy eligibility - ANSWERSnamed insured to be owner/occupant (except ho4 & ho6) dwelling must be principal residence and incidental business is permitted. ho4 and ho6 are written for personal property and personal liability of the named insured who does not own the building. ho4 is designed for tenants of a residential unit. ho6 is designed for owners of condo/coops. eligible residential dwellings contain 1-4 residents and no more than 2 roomers/boarders. dwellings under...

Which of the following is designed to prevent the insured from collecting more than the actual extent of a loss? a. Primary coverage b. Contribution by equal shares c. Excess insurance d. Pro rata liability - ANSWERSd. Pro rata liability The _______ is the most the policy will pay for the sum of all the losses occurring within a policy period. a. Excess b. Aggregate c. Combined d. Contribution - ANSWERSb. Aggregate The _______ Limit of liability applies to bodily injury, property d...

In what way is the HO-5, Comprehensive Form different from the HO-3, Special Form? - ANSWERSPersonal property is insured on an open perils basis An owner of a condominium unit would purchase which Homeowner form? - ANSWERSHO-6, Unit-owners Form The insured condo is damaged by burglars. The insurer pays for the damage to the property, but it does not cover the contents that do not belong to the insured. - ANSWERSHO-6 (Unit-Owners Form) The insured property is damaged in a hailstorm. Beca...

Components of a Commercial Package Policy - ANSWERSEvery CPP includes a Common Policy Declarations and Common Policy Conditions form. These policy sections apply to the entire policy, regardless of the types of coverage written. ex: one client may wish to package Crime and Commercial General Liability coverages; another client may wish to package Inland Marine and Business Auto coverages. Although each client will have different and specific coverage forms, their policies will contain the same...

Insurer - ANSWERS(Insurance companies or Carriers) manufacture and sell insurance coverage by way of insurance policies or contracts. In California, any person capable of making a contract may be an insurer, subject to the restrictions imposed by the insurance code. In this case, a person is defined as any individual (natural person), association, organization, partnership, business trust, limited liability company, or corporation. Insurance Agencies - ANSWERSare independent organizations th...

Personal Inland Marine Insurance - ANSWERScan be attached by endorsement to a Homeowners or Dwelling Policy; it may also be written as a separate policy. Personal Inland Marine Insurance is a form of coverage used to insure moveable property against direct loss Floater - ANSWERSmoveable property also known as floating property Personal Articles Floater (Scheduled Article Floater) - ANSWERSused to insure "individual" items of personal property on a scheduled basis. Claims are normally...

Exam (elaborations) Cognitive Psychology Ch 3 – Perception advanced test 2 Exam (elaborations) Cognitive Psychology: Exam #1 correctly answered 3 Exam (elaborations) Cognitive Psychology Exam 1 Final exam 4 Exam (elaborations) Cognitive Psychology Test #1well elaborated 5 Exam (elaborations) Cognitive Psychology; Chapter 9 proctored Exam 6 Exa

perception - ANSWERSexperiences resulting from stimulation of the senses bottom-up processing - ANSWERSprocessing that begins with stimulation of receptors recognition-by-components theory - ANSWERSproposes that we perceive objects by perceiving elementary features called geons geons - ANSWERSperceptual building blocks that can be combined to create objects principle of componential recovery - ANSWERSif we can recover (see) an object's geons, we can identify the object top-dowm...

What is Cognitive Psychology? - ANSWERSCognitive psychology is how people acquire, remember, comprehend, and use info (perception to action) Be able to articulate why the history of Cognitive Psychology is important to know - ANSWERSTo know what works and what doesn't... to avoid making the same mistakes What are the two (key) framing ideas for thinking about the history of Cognitive Psychology? - ANSWERSMental representation: state/concept that corresponds to a thing perceived, objects...

Cognitive psychology - ANSWERSthe branch of psychology concerned with the scientific study of the mind mind - ANSWERSthe mind creates and controls mental functions such as perception, attention, memory, emotions, language, deciding, thinking, and reasoning the mind is a system that creates representations of the world so that we an act within it to achieve our goals cognition - ANSWERSthe mental processes such as perception, attention, and memory, that are what the mind does reaction...