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Property and Casualty Insurance Licensing Exam (100 Questions)

Property and Casualty Insurance Licensing Exam Questions & Revised Correct Answers. Guarantee Pass!! To prevent recovery beyond the amount of the insured's actual loss, the policy will contain: - ANSWER : An Other Insurance Clause Collision coverage of an auto policy covers: a) road damage to the tires b) upset of the vehicle c) frozen engine block d) falling objects - ANSWER : B) upset of the vehicle The maximum amount of payable for all losses resulting from one event is kn...

Property and Casualty Insurance Practice Test Exam Questions & Revised Correct Answers. Guarantee Pass!! A self-insurer deals with risk by: -Transferring the risk -Avoiding the risk -Retaining the risk -Eliminating the risk - ANSWER : Retaining the risk A property and casualty agent must complete how many hours of CE? -12 hours each year -12 hours every 2 years by their due date -complete the approved courses as specified by the law every year -Complete the requirements for CLU...

Insurance Terminology: Property & Casualty Tested Exam Questions & Revised Correct Answers. Guarantee Pass!! Casualty Insurance - ANSWER : A broad category of coverage against loss of property, damage, or other liabilities. Includes auto, liability, theft, elevator, glass, aviation, boiler and machinery, worker's comp, bonds, and many other types of insurance. Causes of Loss Form - ANSWER : Commercial property insurance forms that establish and define the perils for which cover...

QUESTIONS AND ANSWERS

QUESTIONS AND ANSWERS

QUESTIONS AND ANSWERS

Property and Casualty Insurance Licensing Exam||Latest 2024

Property and casualty insurance licensing exam||Latest 2024

Property and Casualty Insurance Licensing Exam Complete Solutions To prevent recovery beyond the amount of the insured's actual loss, the policy will contain: An Other Insurance Clause Collision coverage of an auto policy covers: a) road damage to the tires b) upset of the vehicle c) frozen engine block d) falling objects B) upset of the vehicle The maximum amount of payable for all losses resulting from one event is known as the: a) occurrence limit b) aggregate limit a) oc...