DP2 Study guides, Class notes & Summaries

Texas Property & Casualty Insurance Exam Already Solved (Graded A+) Which part of an insurance policy describes the responsibilities and obligations of both the insurance company and the insured under the policy? - Conditions The limits of liability are found in which of the following sections of a casualty policy? - Declarations The _____ page in an insurance contract contains information about the risk, the effective date of coverage, deductible, premium amounts, coinsurance percentag...

Dram Shop Liability refers to: - Liquor Law Liability. The insured has suffered a covered loss under his DP-3 dwelling form. He fails to protect the property from further loss. The additional loss that occurs as a result of his inactions may be denied because of what clause in the policy? - Neglect. To be eligible for the New York assigned risk auto plan a person must: - Hold a valid driver's license. Any insurance adjuster whose license has been revoked for cause will not be entitled ...

Wendy's Test Questions and Answers Graded A FIFO First In, First Out. Rotation system that uses the oldest products first Zone of Defection(ZOD) When a customer scores you at 1 from 5 Whats the highest and lowest you can get on a Survey? 1-5 What will getting a 1 or 2 result in on a survey? ZOD What is VOC Voice of the Customer What is the temperature for the Walk-In and other fridges? 34° F - 38° F What is the temperature for the freezer? 0° F - 10° F What is the temperature for the...

Which part of an insurance policy describes the responsibilities and obligations of both the insurance company and the insured under the policy? - Answer Conditions The limits of liability are found in which of the following sections of a casualty policy? - Answer Declarations The _____ page in an insurance contract contains information about the risk, the effective date of coverage, deductible, premium amounts, coinsurance percentage, and location of the insured property. - Answer Declara...

NY Independent General Adjuster Exam - Series 17-70 Questions and Answers Graded A+. The insured has suffered a covered loss under his DP-3 dwelling form. He fails to protect the property from further loss. The additional loss that occurs as a result of his inactions may be denied because of what clause in the policy? Neglect. To be eligible for the New York assigned risk auto plan a person must: Hold a valid driver's license. Any insurance adjuster whose license has been revoked for cause...

Property and Casualty CT Questions and Answers 100% Pass When reviewing standard workers compensations and employers liability policy, the limits of coverage described in Part one of the policy. The dollar limits of the benefits provided are stated in the state workers compensation law itself the purpose of the CT automobile assigned risk plan is to provide auto insurance to those who otherwise qualify, butter unable to purchase coverage in the normal market an agent who knowingly misrepresen...

Dram Shop Liability refers to: Liquor Law Liability. The insured has suffered a covered loss under his DP-3 dwelling form. He fails to protect the property from further loss. The additional loss that occurs as a result of his inactions may be denied because of what clause in the policy? Neglect. To be eligible for the New York assigned risk auto plan a person must: Hold a valid driver's license. Any insurance adjuster whose license has been revoked for cause will not be ...

NY Independent General Adjuster Exam Questions Wityh 100% Correct Answers Latest 2024 (Graded A+) Dram Shop Liability refers to: Liquor Law Liability. The insured has suffered a covered loss under his DP-3 dwelling form. He fails to protect the property from further loss. The additional loss that occurs as a result of his inactions may be denied because of what clause in the policy? Neglect. To be eligible for the New York assigned risk auto plan a person must: Hold a valid driver's licens...

Insuring Agreement - ANSWER company's obligation to pay, includes the perils and coverage for specific or named peril policies Exclusions - ANSWER what the policy will not pay for Definitions - ANSWER names of the persons insured in addition to the named insured are listed here, along with any other (blank) of terms in the policy Additional Coverage - ANSWER coverages under a policy that are provided by the insurer at no extra cost Casualty Policies - ANSWER defense costs over and a...

What is a Business Owners Policy (BOP)? - ANSWER-They usually are targeted at small and medium-sized businesses. This assembles the basic coverages required by a business owner in one bundle. What are the features of a BOP Policy? - ANSWER-Property Liability, Business Income, and General Liability What is the method of valuation on building and business personal property? - ANSWER-Replacement Cost / 80% or more of the full replacement cost of the property How long is the "Period of Res...