Shared Flashcard Set

Details

certification exam property and casualties
insurance agent
8
Insurance
Professional
07/06/2019

Additional Insurance Flashcards

 


 

Cards

Term
Surety bonds involve how many parties?
Definition
3
Term
Which of the fallowing situations is an example of a Products Liability Claim?
Definition
Faulty packing results in spoilage of cereal, giving a child a temporary upset stomach.
Term
Which the following clauses provides for The payments of losses on basis of the amount of coverage in portion to entire amount of insurance on the property?
Definition
PRO RATE-LIABILITY
Term
The Other State insurance coverage on a Workers Compensation policy may extend compensation on benefit to employees insured in:
Definition
All fifty State
Term
Which of the following sections of a Commercial General Liability policy outlines how a claim will be paid if more them one policy covers the same loss
Definition
Arbitration Clause
Term
All of the following acts are considered to negligence except:
Definition
Ignoring Act.
Term
Under Fair credit reporting act when most a producer advice in applicant that he can review the files of the consumers agency that provide the credit reports.
Definition
When the application is taken
Term
A person insures a secondary home for 8000 dollars which is value a 100 000.00
Definition
Supporting users have an ad free experience!