Standard fire policy Study guides, Class notes & Summaries

What is the underwriter's goal? - Answer- To write a book of business in which the actual losses approximate the expected losses. Gertrude is going to become an insurance agent. She would like to work in an agency that represents many different insurance companies. Gertrude will go to work for a(n) - Answer- Independent agency When a client suffers a loss, MegaInsurers is expected to respond promptly to settle the resulting claim. Depending on the line of insurance, claim costs generally ...

Standard Fire Policy - the policy written for both Personal Lines (residential home or dwelling) or as Commercial Lines (official building) are the same! - fire insurance is another name for property insurance - can insure the building structure and/or the personal property. - not a HO policy since it does not cover theft of content and does not have liability coverage - never sold w/o adding Endorsement to the policy. (Endorsement is a form added to a policy that changes the policy's pro...

Standard Fire Policy correct answers- the policy written for both Personal Lines (residential home or dwelling) or as Commercial Lines (official building) are the same! - fire insurance is another name for property insurance - can insure the building structure and/or the personal property. - not a HO policy since it does not cover theft of content and does not have liability coverage - never sold w/o adding Endorsement to the policy. (Endorsement is a form added to a policy that changes the...

In the Incident Management System (IMS), the functional area that directs the organization's tactics to meet the strategic goals developed by command and is responsible for the management of all activities applicable to the primary mission is: - Answer- Operations Directions: Read the following statements and choose the correct answer from alternatives A-D below. Statement 1:A policy is a guide to thinking or decision making. Statement 2:A procedure is a detailed plan of action. Statement...

Where should you place the needle or syringe after collecting it? - Answer- In an empty bottle or container. If none are available empty the first aid kit into a bag and put the needle into the empty box What is the CC chain of command based on? - Answer- Based on rank and who has been there for the longest. What is the primary role of CC? - Answer- Safety of passengers, crew & aircraft How many hours before commencing duty should CC stop consuming alcohol according to Ryanair requireme...

NC Property Insurance: The Standard Fire Policy Exam Questions & Answers 2023/2024 Standard Fire Policy (SFP) - ANSWER-The SFP is the core and the basis upon which all modern personal and commercial line policies are based. SFP can be used to insure either commercial business risk or personal residence. SFP Perils - ANSWER-F L R Fire Lightening Removal Removal - ANSWER-is the process of removing property to protect it from the perils of fire and lightening at the insured premises...

Based on his conception of responsible citizenship, John Stuart Mill felt that the best form of government was - ANSWER-Democracy Which important aspect of European thought had a big impact on the formation of the political culture of America? - ANSWER-Enlightenment Which of the following is NOT one of the core values of American political culture? - ANSWER-Cooperation French philosopher Michel Foucault referred to politics as - ANSWER-War by other means What new policy was establish...

State Farm License- Standard Fire Policy Questions and Answers Updated (2024/2025) (Verified Answers)State Farm License- Standard Fire Policy Questions and Answers Updated (2024/2025) (Verified Answers)State Farm License- Standard Fire Policy Questions and Answers Updated (2024/2025) (Verified Answers)State Farm License- Standard Fire Policy Questions and Answers Updated (2024/2025) (Verified Answers)State Farm License- Standard Fire Policy Questions and Answers Updated (2024/2025) (Verified Ans...

CISR Insuring Commercial Property Exam 146 Questions with Answers Select the answer that most closely describes Actual Cash Value (ACV). - CORRECT ANSWER A method of establishing the value of property wherein depreciation and obsolescence are deducted from the value of the property. Select the answer that most closely describes Functional Replacement Cost. - CORRECT ANSWER A provision which changes the policy valuation so as to provide for replacement with a different structure which per...

Indiana CNA Skills/RCPs -- 72 SKILLS Questions and Answers 2023 Initial Steps 1. Ask nurse about residents NEEDS, ABILITIES and LIMITATIONS, if necessary. 2. KNOCK and IDENTIFY YOURSELF before entering residents room. WAIT for permission to enter residents room. 3. Greet resident by NAME per resident preference. 4.Identify yourself by NAME and TITLE. 5. Explain what you will be doing. Encourage resident to help as able. 6. Gather supplies and check equipment. 7. Close curtains, drapes an...