New york personal lines Study guides, Class notes & Summaries

CHAPTER Version A I. True or _________ 1. _________ 2. _________ 3. _________ 4. _________ 5. known as suppliers. II. Write down the letter of the answer that best answers the question or completes the statement. _________ 6. The term VFR travel refers to: A. Visiting Friends and Relatives B. Very Frequent Reservations C. Very Favorable Restrictions D. Trick question: VFR refers to nothing _________ 7. Which of the following is not a sector of the travel industry? A. Corporate t...

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New York Personal Lines Final Exam Questions & Answers 2023 ( A+ GRADED 100% VERIFIED)

A passenger is injured while getting into a friends car. Which of the following statements would apply if both the passenger and the driver had medical payments coverage under the auto policy. - Answer- The drivers policy would be primary. Adverse selection is a concept best described as: - Answer- Risks with higher probability of loss, seeking insurances more often than other risks. An example of an alien insurer doing business in NY is one formed under the laws of - Answer- Mexico Acc...

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New York Personal Lines Final Exam Questions and Answer (Latest Update 2024) Verified Answers

New York Personal Lines Final Exam

A passenger is injured while getting into a friends car. Which of the following statements would apply if both the passenger and the driver had medical payments coverage under the auto policy. - The drivers policy would be primary. Adverse selection is a concept best described as: - Risks with higher probability of loss, seeking insurances more often than other risks. An example of an alien insurer doing business in NY is one formed under the laws of - Mexico According to the NY motor vehi...

New York Personal Lines Final Exam 100% Solved correct |Assured Pass A passenger is injured while getting into a friend’s car. Which of the following statements would apply if both the passenger and the driver had medical payments coverage under the auto policy? {{Correct Ans- The drivers policy would be primary. Adverse selection is a concept best described as: {{Correct Ans- Risks with higher probability of loss, seeking insurances more often than other risks. An example of an alien i...

New York Personal Lines Final Exam with complete solution

New York Personal Lines Final Exam 2023 with Verified Solutions

A passenger is injured while getting into a friends car. Which of the following statements would apply if both the passenger and the driver had medical payments coverage under the auto policy. - The drivers policy would be primary. Adverse selection is a concept best described as: - Risks with higher probability of loss, seeking insurances more often than other risks. An example of an alien insurer doing business in NY is one formed under the laws of - Mexico According to the NY motor vehi...