Broken coverage Study guides, Class notes & Summaries

State Farm Fire Independent Policy Exam Select the false statement listed below: In the HO-3 policy, the ALE payments will be made only for: Select the single best answer: A. The shortest time necessary to repair or replace the damaged property, but not to exceed 24 months. B. If the insured does not rebuild, the time necessary for the insured to relocate in permanent living quarters, but not to exceed 24 months. C. ALE payments can run beyond the expiration of the policy. D. ALE payme...

Select the false statement listed below: In the HO-3 policy, the ALE payments will be made only for: Select the single best answer: A. The shortest time necessary to repair or replace the damaged property, but not to exceed 24 months. B. If the insured does not rebuild, the time necessary for the insured to relocate in permanent living quarters, but not to exceed 24 months. C. ALE payments can run beyond the expiration of the policy. D. ALE payments are limited to incurred costs for the...

NYS Insurance Licensing Exam, Questions and answers. Rated A+ Document Content and Description Below NYS Insurance Licensing Exam, Questions and answers. Rated A+ insurance transfers - the risk of an loss for an individual or business to an insurance company which spreads out the costs t o many individuals agency contract - a contract that is held between insurer and an agent/producer containing the expressed authority given to the agent/producer, and the duties/responsibilities to the princip...

New Jersey Written test 2023 Already Graded A To register a vehicle in New Jersey, you must be age ____ or older. 17 You may avoid a traffic signal by driving on public or private property: If an officer directs you to do so. The Implied Consent Law: Means drivers consent to a breath test when suspected of drinking and driving. A five-ounce glass of wine contains the same amount of alcohol as: One 12-ounce can of beer. Who is required to wear a seat belt in a moving motor vehicle? All occup...

The A rating is a water equivalency rating. Each A is equivalent to ________ of water. Answer: 1 1/4 gallons. Note that 4A = 5 gallons of water. The ________ rating is equivalent to the amount of square footage that the extinguisher can cover, handled by a professional. Answer: B:C Note that 20 B:C = 20 square feet of coverage. C indicates it is suitable for use on ________ ________ ________. Answer: electrically energized equipment. 8.8 Condemning Extinguishers 8.8....

Risks The effect of uncertainty on objectives The chance of something happening that will have an impact on objectives Being prepared for the worst and being poised to exploit opportunities as they are discovered Enterprise Risk Management A strategic business discipline that supports the achievement of an organization's objectives by addressing the full spectrum of its risks and managing the combined impact of those risks as an interrelated risk portfolio. Support Function: B...

ICH4801 Assignment 4 (COMPLETE ANSWERS) 2023 () - DUE 31 October 2023 100% TRUSTED workings, explanations and solutions. for assistance SECTION A: HISTORY OF EDUCATION [50] Question 1 Section A is based on the given extract from chapter 2 of the prescribed textbook (Seroto, Davids & Wolhuter 2020). Read the extract and then answer the questions that follow. Geographical focus of research and of authorship Scholars, analysts, progressive scholars and academics in all education sciences and beyond...

Casualty Insurance Exam Latest 2024 Graded A+ Coverage that is triggered when a claim is first made against the insured, regardless of when the injury took place, is known as Coverage under the claims-made form According to the other insurance condition, which of the following are methods used to decide how the claim will be divided? Contribution by equal shares or contribution with limits Which of the following limits of liability in a commercial general liability policy is the mo...

PMK-EE Career Information for E-4 Advancement Questions and Answers 100% Pass For E4 through E6 personnel, which of the following information is used in the FMS computation? Service-in-paygrade Commanding Officers are permitted to advance Sailors by using which of the following programs? MAP What specific information on the performance evaluation is used to compute a Sailor's performance mark average? NOT trait average For promotion to paygrades E4 through E6, the advancement-in-rate examin...

A neighbor's child enters Alice's backyard through a broken fence and drowns in her swimming pool. Unable to pay her mortgage, Alice declares bankruptcy before the child's parents sue her. What is true about Alice's coverage under her homeowner's policy? - Alice's insurer must respond to the claim despite Alice's bankruptcy The bankruptcy of an insured provision provides that any bankruptcy or insolvency of an insured does not release the insurer from its contractual obligations unde...