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Louisiana Property EXAM BUNDLE!
Louisiana PropertyLouisiana Property EXAM BUNDLE! EXAM BUNDLE!Louisiana Property ELouisiana Property EXAM BUNDLE!XAM Louisiana Property EXAM BUNDLE! Property EXAM BUNDLE!
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- • 13 items •
- Property and Casualty Exam- Louisiana Questions and Answers! • Exam (elaborations)
- Louisiana P&C Insurance Exam 100% correct! • Exam (elaborations)
- Louisiana Property & Casualty Insurance Course Exam 100% accurate! • Exam (elaborations)
- Property and Casualty Exam Louisiana 100% correct! • Exam (elaborations)
- Louisiana Property and Casualty Exam 100% correct! • Exam (elaborations)
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Louisiana PropertyLouisiana Property EXAM BUNDLE! EXAM BUNDLE!Louisiana Property ELouisiana Property EXAM BUNDLE!XAM Louisiana Property EXAM BUNDLE! Property EXAM BUNDLE!
LA Claims Adjuster Property and Causality Practice Exam 2 correct 100%
LA Claims Adjuster Property and Causality PraA single Declarations page common to all coverages 
A single conditions section common to all coverages - ANSWER A commercial package policy always includes 
 
Send the insured a reservation of rights letter - ANSWER If the insured fails to report claim in a timely fashion, the adjuster will immediately ___ 
 
$1000 per person - ANSWER The basic limit for coverage F-medical payments of the standard homeowners form is normally 
 
$250 - ANSWER The CGL ...
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- Exam (elaborations)
- • 17 pages •
LA Claims Adjuster Property and Causality PraA single Declarations page common to all coverages 
A single conditions section common to all coverages - ANSWER A commercial package policy always includes 
 
Send the insured a reservation of rights letter - ANSWER If the insured fails to report claim in a timely fashion, the adjuster will immediately ___ 
 
$1000 per person - ANSWER The basic limit for coverage F-medical payments of the standard homeowners form is normally 
 
$250 - ANSWER The CGL ...
LA Claims Adjuster Property and Causality Practice Exam 1 100% correct!
LA Claims Adjuster Property and Causality Practice ExamInsurable Interest - ANSWER ______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 - ANSWER ____establish and define the causes of loss (or perils) for which coverage is provided under the form. (Please do not confus...
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- Exam (elaborations)
- • 29 pages •
LA Claims Adjuster Property and Causality Practice ExamInsurable Interest - ANSWER ______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 - ANSWER ____establish and define the causes of loss (or perils) for which coverage is provided under the form. (Please do not confus...
Property and Casualty insurance exam 100% correct!
Property and Casualty insurance exam 100% correct! 
 
Insurance - ANSWER The transfer of risk through a legal contract 
 
Property - ANSWER Covers real property and personal property against damage or loss resulting from covered causes of loss called perils 
 
casualty - ANSWER covers non-property losses (3rd Party) 
 
Personal lines - ANSWER Insurance for families and individuals 
 
Commercial Lines - ANSWER Insurance for Business 
 
Risk - ANSWER Uncertainty of financial loss 
 
Pure Risk - A...
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- Exam (elaborations)
- • 4 pages •
Property and Casualty insurance exam 100% correct! 
 
Insurance - ANSWER The transfer of risk through a legal contract 
 
Property - ANSWER Covers real property and personal property against damage or loss resulting from covered causes of loss called perils 
 
casualty - ANSWER covers non-property losses (3rd Party) 
 
Personal lines - ANSWER Insurance for families and individuals 
 
Commercial Lines - ANSWER Insurance for Business 
 
Risk - ANSWER Uncertainty of financial loss 
 
Pure Risk - A...
AD Banker Property and casualty exam louisiana 100% accurate!
AD Banker Property and casualty exam louisiana 100% accurate! 
 
Under aleatory contracts, the exchange of values is: - ANSWER unequal 
 
B is traveling to Europe for a month's vacation. Which of the following coverages might her agent recommend to cover personal items? - ANSWER Personal effects floater 
 
Under a Personal Auto policy, all of the following are correct about medical payments coverage, except: - ANSWER The policy limit is applied on a per occurrence basis, not per person 
 
A per...
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- Exam (elaborations)
- • 15 pages •
AD Banker Property and casualty exam louisiana 100% accurate! 
 
Under aleatory contracts, the exchange of values is: - ANSWER unequal 
 
B is traveling to Europe for a month's vacation. Which of the following coverages might her agent recommend to cover personal items? - ANSWER Personal effects floater 
 
Under a Personal Auto policy, all of the following are correct about medical payments coverage, except: - ANSWER The policy limit is applied on a per occurrence basis, not per person 
 
A per...
Louisiana Property and Casualty Insurance Law 100% accurate!
Louisiana Property and Casualty Insurance Law 100% accurate! 
 
Authorized insurers may choose not to participate in the plan - ANSWER All of the following are true regarding the Louisiana Automobile Insurance Plan EXCEPT: 
 
short-rate - ANSWER The named insured may cancel a property insurance policy in this state at any time, in which case the insurer must refund any unearned premium due on a __________ basis: 
 
Standard fire policy - ANSWER The basis for all property insurance sold in this s...
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- Exam (elaborations)
- • 4 pages •
Louisiana Property and Casualty Insurance Law 100% accurate! 
 
Authorized insurers may choose not to participate in the plan - ANSWER All of the following are true regarding the Louisiana Automobile Insurance Plan EXCEPT: 
 
short-rate - ANSWER The named insured may cancel a property insurance policy in this state at any time, in which case the insurer must refund any unearned premium due on a __________ basis: 
 
Standard fire policy - ANSWER The basis for all property insurance sold in this s...
Louisiana Property and Casualty Correct Questions and Answers!
Surety Bond - ANSWER aka performance bonds. 
contract bond- guarantee that contractors perform according to contract 
court bond- required by court to enforce certain behavior 
license & permit bond- required by municipalities as a condition for granting a license to engage in activity 
 
Fidelity Bonds - ANSWER aka Honesty Bonds- cover employer from direct loss due to fraudulent & dishonest acts of employees 
Individual Bond- bond single employee 
None Schedule Bond- bond several employees 
...
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- • 20 pages •
Surety Bond - ANSWER aka performance bonds. 
contract bond- guarantee that contractors perform according to contract 
court bond- required by court to enforce certain behavior 
license & permit bond- required by municipalities as a condition for granting a license to engage in activity 
 
Fidelity Bonds - ANSWER aka Honesty Bonds- cover employer from direct loss due to fraudulent & dishonest acts of employees 
Individual Bond- bond single employee 
None Schedule Bond- bond several employees 
...
Louisiana Insurance Exam 100% correct!
Louisiana Insurance Exam 100%Accelerated Benefits - ANSWER riders attached to life insurance policies which allow death benefits to be used to cover nursing and convalescent home expenses. 
 
Accident - ANSWER an unplanned, unforeseen event which occurs suddenly and at an unspecified place. 
 
Accident Insurance - ANSWER A type of insurance that protects the insured against loss due to accidental bodily injury. 
 
Accidental Bodily Injury - ANSWER unplanned, unforeseen traumatic injury to the bo...
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- Exam (elaborations)
- • 5 pages •
Louisiana Insurance Exam 100%Accelerated Benefits - ANSWER riders attached to life insurance policies which allow death benefits to be used to cover nursing and convalescent home expenses. 
 
Accident - ANSWER an unplanned, unforeseen event which occurs suddenly and at an unspecified place. 
 
Accident Insurance - ANSWER A type of insurance that protects the insured against loss due to accidental bodily injury. 
 
Accidental Bodily Injury - ANSWER unplanned, unforeseen traumatic injury to the bo...
Louisiana Property and Casualty Practice Exam 100% correct!
Louisiana Property and Casualty Practice Exam 100% correct! 
 
 
What is a hazard? - ANSWER An increase in the possibility that a loss might occur 
 
the purpose of insurance is to? - ANSWER Transfer risk from a person, business, or organization to an insurance company that agrees to pay for losses in exchange for a premium. 
 
mutual company - ANSWER type of insurance company in which the policyholder is considered an owner, with the right to vote and share in the profits. 
 
$50 - ANSWER the r...
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- Exam (elaborations)
- • 4 pages •
Louisiana Property and Casualty Practice Exam 100% correct! 
 
 
What is a hazard? - ANSWER An increase in the possibility that a loss might occur 
 
the purpose of insurance is to? - ANSWER Transfer risk from a person, business, or organization to an insurance company that agrees to pay for losses in exchange for a premium. 
 
mutual company - ANSWER type of insurance company in which the policyholder is considered an owner, with the right to vote and share in the profits. 
 
$50 - ANSWER the r...
Louisiana Property and Casualty Exam 100% correct!
Louisiana Property and Casualty Exam 100In which type of commercial crime policy coverage is triggered by a loss that happens during the policy period but is not necessarily discovered during the policy peri - ANSWER 
 
Robbery is: - ANSWER Taking of property by use of force, violence, or fear 
 
The crime of forced entry into the premises of another by a persons with felonious intent is defined as: - ANSWER Burglary 
 
Erroneous Publishing copied all the material from Angel's Inc book. The o...
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- Exam (elaborations)
- • 24 pages •
Louisiana Property and Casualty Exam 100In which type of commercial crime policy coverage is triggered by a loss that happens during the policy period but is not necessarily discovered during the policy peri - ANSWER 
 
Robbery is: - ANSWER Taking of property by use of force, violence, or fear 
 
The crime of forced entry into the premises of another by a persons with felonious intent is defined as: - ANSWER Burglary 
 
Erroneous Publishing copied all the material from Angel's Inc book. The o...