Property and casualty

A policy written through the NFIP will provide coverage for: A Extra expenses B Increased costs to comply with local floodplain management laws C Loss of use D Loss of business income correct answers Increased costs to comply with local floodplain management laws Who is responsible for paying premiums, and will receive any premiums that have to be returned? A An additional insured B Any insured C Any named insured D First named insured correct answers First named insured Gene...

If a company cancels an auto policy mid term, the refund will be made on a. pro rata basis b. short rate basis c. retroactive basis d. coinsurance basis Pro Rata Basis What is the term used to describe terminating the insurance relationship at the end of the policy period ? a. cancellation b. nonrenewal c. separation d. exclusion Nonrenewal Which is the best example of an indirect loss ? a. sequential loss b. liability loss c. employee theft d. loss of use Loss o...

Property and Casualty License Exam (Answered)

property and casualty exam (150 questions & answers 2024 ( A+ GRADED 100% VERIFIED)

THE NEW YORK STATE PROPERTY AND CASUALTY EXAM 165 QUESTIONS AND ANSWERS 2024 Ceding Insurer The insurer transferring the risk is called?

PROPERTY AND CASUALTY EXAM – TEXAS

Property and Casualty Exam- Louisiana Questions With Complete Solutions

Examfx Property and Casualty Testbank 1. In dwelling policies, automatic increase in insurance is (Choose from the following options) 1. Coverage for newly acquired property. 2. Coverage by endorsement. 3. Automatic coverage. 4. Coverage without additional premium. - 2. Coverage by endorsement. 2. Personal business property out in the open is covered under Commercial Property Policy only while (Choose from the following options) 1. Within 150 feet of the described premises. 2....

Property and Casualty Exam questions correctly answered