Extortion commercial Study guides, Class notes & Summaries

Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public - Correct Answer -B. The insured Which of the following is the type of report that indicates the initial results of a claim investigation? A. Field Report B. Interim Report C. Full Re...

Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review Already Passed Peril Something that causes a loss. Hazard Something that increases the probability that a loss will occur. Warranty A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. Misrepresentation An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. Concealment The fail...

Florida All Lines Adjuster Exam| Questions and Answers| Verified Solutions| 2023/ 2024 Update 1. What is a "temporary substitute vehicle" ~ Answer: any auto or trailer not owned by the named insured that is used as a temporary substitute vehicle that is out of service 2. Which of the following is NOT one of the primary insuring agreements found in a standardized Commercial Crime policy? ~ Answer: "Extortion" coverage may be added by endorsement but it is not one of the pr...

In which type of commercial crime policy coverage is triggered by a loss that happens during the policy period but is not necessarily discovered during the policy peri correct answers Robbery is: correct answers Taking of property by use of force, violence, or fear The crime of forced entry into the premises of another by a persons with felonious intent is defined as: correct answers Burglary Erroneous Publishing copied all the material from Angel's Inc book. The only changes made by ...

WV P&C Insurance Exam Study Questions with Certified Solutions The insured auto dealer has opted to include part IV - garage physical damage coverage to her policy. Which of the following symbols must be indicated on the declarations page of the policy for physical damage coverage to apply? Symbol 31 What is the West Virginia individual agent/producer license fee? $50 Under a commercial property policy, all of the following types of outdoor property are covered under the additional ...

In calculating the premium for a Workers Comp policy, an experience modification factor over 1.0 will result in what? A. A premium increase B. A premium reduction C. No change in the premium D. Any of the above - Answer A. A premium increase Which Homeowner's policy provides all risk or open peril coverage on the dwelling but broad form coverage on the personal property? A. HO-2 B. HO-3 C. HO-5 D. HO-8 - Answer B. HO-3 Which one of the following coverages is NOT included in ...

AD Banker Property and Casualty Comprehensive Exam Questions (Answered). Rated A. 2022/2023. Temporary Total Disability may be described as: - Inability to return to any employment while recovering Supplementary Payment under Part A of the Personal Auto Policy? - A Up to $250 for the cost of bail bonds B Payment for lost earnings up to $200/day C Medical payments for an occupant of an insured vehicle (Not included)(*) D Reasonable expenses incurred at the insurer's request The Com...

AINS 103 Questions With All Verified Answers Which one of the following best describes real property? Select one: A. Property being shipped to or from others. B. Business personal property that includes furniture, machinery and equipment, and stock/inventory. C. Tangible property that includes land, structures permanently attached to the land, and whatever is growing on the land. D. Vehicles, merchandise, furniture, tools, and similar items. - Correct Ans-C. Tangible property that inc...

Which one of the following best describes real property? Select one: A. Property being shipped to or from others. B. Business personal property that includes furniture, machinery and equipment, and stock/inventory. C. Tangible property that includes land, structures permanently attached to the land, and whatever is growing on the land. D. Vehicles, merchandise, furniture, tools, and similar items. - C. Tangible property that includes land, structures permanently attached to the land, and...

CIC COMMERCIAL MULTILINE EXAM QUESTIONS AND ANSWERS Possible first part losses (not all covered by insurance) - Answer-- a security breach typically results in costs/expenses to investigate the source - virus can result in loss of or damage to electronic data - ransomware infection - unauthorized user could make an extortion demand (cyber extortion) - malware then you have to clean the website - unauthorized person can cause vandalism - if personal or confidential files are breache...