insurance policies

Card Set Information

Author:
kathrynam
ID:
173972
Filename:
insurance policies
Updated:
2012-09-27 20:33:47
Tags:
insurance
Folders:

Description:
simple insurance questions
Show Answers:

Home > Flashcards > Print Preview

The flashcards below were created by user kathrynam on FreezingBlue Flashcards. What would you like to do?


  1. THE HOMEOWNER PERSONAL PROPERTY REPLACEMENT COST ENDORSEMENT COST ON A CLAIM FOR WHAT TYPE OF PROPERTY
    USED CLOTHING
  2. UNINSURED MOTORISTS PROPERTY DAMAGE COVERAGE MAY INCLUDE A DEDUCTTIBLE OF
    $200
  3. A BUILDING IS CONSIDERED EMPTY WHEN __% OR MORE OF TOTAL FLOOR SPACE IS NOT USED
    65
  4. IDEAL FORM OF PROTECTION FOR SHIPPER OF GOODS
    ANNUAL TRANSIT POLICY
  5. WHAT IS THE COMMON THREAD TO MOST INLAND MARINE POLICIES
    TRANSIT
  6. WHAT IS ACTUAL CASH VALUE
    REPLACEMENT COST MINUS DEPRECIATION
  7. UNDER TRUCKERS'S POLICY , WHAT VEHICLE QUALIFIES FOR TOWING COVERAGE
    ONLY PRICATE PASSENGER TYPE VEHICLES
  8. WHAT IS THE MAXIMUM LIMIT OF COVERAGE UNDER SC WINDSTORM ANDD HAIL UNDERWRITER'S ASSN
    $1,000,000.00
  9. WHAT IS A NECEESSARY PART OF A COMPLETE COMMERCIAL GENERAL LIABILITY POLICY
    COMMON POLICY CONDITIONS
  10. WHAT IS AN OPEN POLICY
    WHERE THE VALUE IS DECLARED UNTIL AFTER THE LOSS
  11. WHAT IS A VALUED POLICY
    A GUARANTEED AMOUNT PAYABLE IF A LOSS OCCURS
  12. UNDER BOP , WHICH DOES NOT HAVE A SPECIFIC THEFT LIMIT
    TOBACCO PRODUCTS
  13. OCEAN MARINE PROTECTION AND INDEMINITY COVERAGE INSURES OWNER AGAINST
    LEGAL LIABILITY COVERAGEFOR INJURIES ANDD CERTAIN DAMAGES
  14. MEDICAL PAYMENTS COVERAGE ON FARM POLICY CAN BE CLAIMED FOR UP TO
    3 YRS
  15. WHAT IS ALEATORY CONTRACT
    CONTRACTCONTINGENT UPOON UNCERTAIN EVENTS
  16. ON WHAT BASIS ARE FLOOD INSURANCE CLAIMS USUALLY PAID
    ACTUAL CASH VALUE

    EXCEPT DWELLINGS INSURED UP TO 80% ALLOWED UNDER FLOOD PROGRAM ARE PAID ON REPLACEMENT COST BASIS
  17. LIMIT PAID FOR DAMAAGE UNDER EQUIPMENT BREAKDOWN POLICY
    25,000
  18. WHAT IS ESTOPPEL
    LEGAL PRINCIPAL THAT PREVENTS SOMEONE FROM ASSERTING THAT SOMETHIG IS TRUE AFFTER CREATTING THE IMPRESSION THAT IS IS TRUE
  19. WHAT IS THE OTHER INSURANCE
    DUPLICATE POLICIES
  20. UNDER BOP BUILDING CANNOT BE VACANT FOR UP TO
    60 DAYS

What would you like to do?

Home > Flashcards > Print Preview