Business Law > QUESTIONS & ANSWERS > Final Exam Questions Property and Casualty - NJ STATE EXAM WITH STUDY GUIDE EXAMFX (All)
Final Exam Questions Property and Casualty - NJ STATE EXAM WITH STUDY GUIDE EXAMFX
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Final Exam Questions Property and Casualty - NJ STATE EXAM WITH STUDY GUIDE EXAMFX Professional liability policies protect against liability resulting from ✔✔ A. Errors and Omissions Page 46 ... Mini-Tail or Extended. Page 60 ✔✔ B. 60 Days after expiration date Not an exclusion under auto physical damage selection. Page 28 ✔✔ C. Carpools Not a covered territory in the personal auto policy. Page 25 ✔✔ C. Mexico Which is covered under other than collision section of your auto policy. Page 26 ✔✔ A. Hail damage to your car Nationwide Marine Define classifies risks can be written. Page 95 ✔✔ B. Inland marine form Assignment provision of policy to another person without written consent page 51 ✔✔ A. Get permission from insurance Not something of value exchanged policy. Page 13 ✔✔ D. Application given to prospective insured The following are insured under auto policy EXCEPT. Page 38 ✔✔ B. Spouse of name insured NOT living in household Occurrence form trigger based on. Page 17 ✔✔ D. Date injury occurs Maximum coverage bodily injury offered by NJ Full Insurance Underwriting Association. Page 55 ✔✔ D. $500,000.00 Duties of insurer include all of the following EXCEPT ✔✔ B. Notify the insured if financial difficulty List of lines or classes of insurance for there exists no reasonable market among authorized insurers in the state. Page 61 ✔✔ A. Exportable List Which of the following best describes an insurance company that has been formed in home state? Page 99 ✔✔ Domestic Maximum penalty for the 1st violation of insurance law. Page 105 ON State exam! ✔✔ $5,000.00. Which of the following is included in the term insurance related conduct? Page 101 ✔✔ B. Transmitting funds between producers & insurance companies One advantage of claims made forms form insurers point of view. Page 18 ✔✔ B. Prevents the stacking of limits. A date stipulated on Declaration page of claims made policy as 1st date of incident. Page 18 ✔✔ Retroactive date Several years after liability loss a bus owner is made aware of her incident. Page 17 ✔✔ A. Occurrence Policy Supplementary payments are made in. Page 21 ✔✔ B. Addition to the policy Purpose of Commercial Insurance Deregulation Act is page. 59 ✔✔ B. To protect against excessive & unfair rates Certification of license status contains ALl EXcept? Page 110 ✔✔ How long a person is licensed Insurance company cancels your Agency contract . Page 112 ✔✔ B. 15 days Producer must notify Commissioner within how many days of a conviction of a crime. Page 111 ✔✔ 30 Days [Show More]
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Nj property and casualty insurance Full Solution Pack (All Nj property and casualty insurance Exams and Study Questions Are Here, All Answered Correctly, Graded A+)
NJ Property, Casualty, and Auto Licensing Exam Questions and Answers (Graded A) NJ property insurance law Exam with complete solutions NJ Casualty Test Questions and Correct Answers (Verified by...
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