California Personal Lines Broker Study guides, Class notes & Summaries

A-1. Insurance is a contract whereby one undertakes to indemnify another against: : Damage A-2. A peril is: : The actual cause of a loss. A-3. The uncertainty or chance of a loss occurring is known as: : Risk A-4. Which are the main types of risks? : Pure and Speculative A-5. A hazard is best defined as: : Anything that increases the chance of loss or severity of loss due to a peril. A-6. A hazard that deals with a person`s mental attitude, behavior and habits is an example of: : A ...

California Personal Lines Broker Test 100% Correct Solved A-1. Insurance is a contract whereby one undertakes to indemnify another against: - Correct Answer ️️ -Damage A-2. A peril is: - Correct Answer ️️ -The actual cause of a loss. A-3. The uncertainty or chance of a loss occurring is known as: - Correct Answer ️️ - Risk A-4. Which are the main types of risks? - Correct Answer ️️ -Pure and Speculative A-5. A hazard is best defined as: - Correct Answer ️️ -Anything t...

California Personal Lines Broker Test Complete Solutions A-1. Insurance is a contract whereby one undertakes to indemnify another against: ️Damage A-2. A peril is: ️The actual cause of a loss. A-3. The uncertainty or chance of a loss occurring is known as: ️Risk A-4. Which are the main types of risks? ️Pure and Speculative A-5. A hazard is best defined as: ️Anything that increases the chance of loss or severity of loss due to a peril. A-6. A hazard that deals with a perso...

California Personal Lines Broker Test Questions And Answers

California Personal Lines Broker Test Pre license training quiz answers