Usal Study guides, Class notes & Summaries

Insurable Interest - ______in the property and would suffer a financial loss if the property were damaged by an insured peril, their family members (names need not be listed in the policy), and others such as a lien holder, for example, the bank that holds the mortgage on a house. Cause of Loss Forms - ____establish and define the causes of loss (or perils) for which coverage is provided under the form. (Please do not confuse the "cause of loss" forms with the "proof of loss" form, which ...

When can a person who sells real property require the use of a specific insurance agent, broker or solicitor? 1. As a condition precent to the sale of such real property. 2. When a buyer's credit score is below the lender's threshold. 3. A buyer is always able to choose their own insurance representative. 4. When it is required by local municipal regulation. - ANSWER A buyer is always able to choose their own insurance representative. Unless otherwise specified in the insuranc...

Causal Analysis Essay Writing • We will be working in-class on your essay. • First, we will work on your counterclaim paragraph (body paragraph 1) • Second, we will work on your causal arguments (Body paragraphs 2+3+4). • Thrid, you will work on the introduction and conclusion. • Then we will have peer-review for that whole draft. • Finally, you will submit the final draft on October, 12,2019. A++ Deadlines • Most of the work will be done in class. • At home, you need t...

Property and causality Exam ADP Questions and Answers 100% Pass In a commercial general liability policy medical payment pay for medical expenses Without regard to fault Which type of insurance protection guarantees protection against legal liability from any risk arising from the ownership, maintenance, or use Professional liability In PA, what is the minimum amount required for damages for liability to cover motor vehicles accidents? a. 15K, 30K, 5K Under an equipment breakdown...

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LA CLAIMS ADJUSTER PROPERTY AND CAUSALITY PRACTICE EXAM 2

LA Claims Adjuster Property and Causality Practice Exam 2 |209 Questions| With Complete Solutions!!

When can a person who sells real property require the use of a specific insurance agent, broker or solicitor? 1. As a condition precent to the sale of such real property. 2. When a buyer's credit score is below the lender's threshold. 3. A buyer is always able to choose their own insurance representative. 4. When it is required by local municipal regulation. CORRECT ANSWER A buyer is always able to choose their own insurance representative. Unless otherwise specified in the in...

A single Declarations page common to all coverages A single conditions section common to all coverages CORRECT ANSWER A commercial package policy always includes Send the insured a reservation of rights letter CORRECT ANSWER If the insured fails to report claim in a timely fashion, the adjuster will immediately ___ $1000 per person CORRECT ANSWER The basic limit for coverage F-medical payments of the standard homeowners form is normally $250 CORRECT ANSWER The CGL provides up to ___per...

LA Claims Adjuster Property and Causality Practice Exam 2 Questions and Answers Already Passed A single Declarations page common to all coverages A single conditions section common to all coverages A commercial package policy always includes Send the insured a reservation of rights letter If the insured fails to report claim in a timely fashion, the adjuster will immediately ___ $1000 per person The basic limit for coverage F-medical payments of the standard homeowners form is nor...