All of the following statements concering Coinsurance are true EXCEPT:

All of the follwoing are true regarding physical damage coverage EXCEPT:

A Passenger in a freind's is Injured while getting into the car. Which of the following statements would apply if both the Passnger and the driver had medical payments coverage under a personal auto policy?

The Reduction, Decrease, or dissapperance of vause of the person or property Insured in a policy by peril insured against is known as :

The common policy condition is a modular part combined with other parts to create the contract. the common policy conditions section contains provisions that are appicable to all lines of coverage that may be included in the policy. Which of the Following provisions would be found in the common policy conditions section of the policy?

in addition to the common policy conditions, all of the following conditions apply to liability coverage EXCEPT:

the war, military act, and terrorism Exclusion will only apply to an incident of terrorism in which the total of insured danage to all types of property in the united states, its territories and possessions, puerto Rico, and canada exceeds what amount?

under the commercercial crime coverage inside the premises- robbery or safe burglary of other property, what is the special per occurrence limit that applies to loss or damage to precious metals, preious and semipercious stones, perals, furs, manuscripts, drawings, or records?

on a DP-3 Dwelling Property Special form policy, the coverage provided for personal property is :

which of these is defined as the maximum limit of coverage avaliable under a liablity policy during a policy year regardless of the number of claims that may be made or the number of accidents that may occur?

an installation Floater is used to insure:

agents who persuade insureds to cancel a policy in favor of another one when it might not be in the insured's best interest are guilty of

commercial policies issued for terrm longer than one year may be cancelled by the insurer by giving notice of cancellation

a state- issued document empowring an insurance company to write contracts of insurance and perform certain business within that state is called

A person employed by an insurance company to investigate claims of physical damage to insured motor vehicles is :

when doing business in this state, an insurance company that is formed under the laws of another state is known as which type of insurer?

what is the minimum age for a person seekeing a bail agent's Licence ?

after a written binder becomes effective, one copy must be delievered either in person or by mailing first class to the insured and the insurer providing coverage under the binder within what time period ?

in Nevada , how long must producers keep records of insurance transaction under their licenses ?

A bond is written for set limit, and the surety will be liable only for this amount of limit. this limit is known as the

which of the following is NOT a primary property coverage in a homeowners coverage ?

Inland Marine

Personal articles Floaters

Personal Property Floaters

Personal Articles Floater

Personal Effects Floater

Commercial Property Floaters

Abandonment

Boarder

Breach

counterfit

Debris

Incidental

Incidental Occurance

Mercantile

monoline

Direct Damage

ordanance

Overinsurance

personal effects

Prepackaged

Vandalism

General form stuctures

Definitions

deductabile

coverages , including other coverages

perils insured against

general exclusions

conditions

Form Names/ Number Peril Types

Absolute Liability

Accident

Actual Cash Value ( ACV)

Additional Coverage

Additional Insureds

Adhesion

Admitted Insurer

Adverse Selection

Agent

Aggregate Limit

Agreed Value

Aleatory

Alien Insurer

Apparent Authority

Appraisal

Arbitration

Assignment

Authoized Insurer

Auto

Avoidance

Bailee

beneficiary

Binder

Blanket Bond

Blanket Insurance

Bodily Injury Liability

Boycott

Builder's Risk Coverage Form

Building And Personal Property Coverages Form

Burglary

Cancellation

Casualty Insurance

Cease and Desist Order

Certificate of Authority

Certificate of Insurance

Claim

Class Rating

Conercion

Coinsurance

Combined single

Commercial Lines

Commissioner (Superintendent, Director )

Common Law

Complaint

Components

Comprehensive Coverage

Concealment

Conditional Contract

Conditions

Consideration

Commercial Property Flaoters Part 2

Consultant

Consumer Report

Contract

Controlled Business

Concurrent Causation

Death Benefit

Declarations

Deductable

Defamation

Deposit Premium Audit

Depreciation

Direct Losses

Director( commissioner, Superintendent)

Disability

Disclosure

Domestic insurer

Domicile Insurer

Economic Loss

Endorcement

Estoppel

Excess Policy

Exclusions

Exclusive or Captive Agents

Experience Rating

Exposure

Express Authority

Extensions of Coveerage

FAIR PLAN

which of the following is other major coverage provided by the buinessowners liability coverage form ?

with regaurds to A homeowners polciy, which coverage provides for indirect or consequential losses?

which commercial policy condition gives a insurance company the right to seek repayment of a paid claim from the third party who caused the loss?

Which of the following commercial auto coverages provides protection for most commercial auto exposures?

which of the following property coverages would provide protection to contents damaged by fire

Coverage for all of the following is found in section 1 of a homeowners policy EXCEPT:

All of the Following are essential elements of a commercial package policy (CPP) EXCEPT;

Removale coverage in the braod form dwelling policy will cover property temporaily removed from the premises to protect it for the maximum of:

Section I of a boatowners policy covers

The Most the insurer will pay for a loss under a businessowners policy is :

which of the following is covered under a dwelling policy ?

A person is required to be lisence to do which of the following?

the amount and insurer will pay under coverage D ( loss of use) depends on

coverage for terrtory of the businessowners policy (BOP) Includes all of the following EXCEPT:

Which of the following is NOT An optional coverage avaliable in a BOP?

Coverage C in homeowners policy form offers all of the following EXCEPT:

The Business pursuits endorsement under Section II of a homeowners policy will cover all of the following EXCEPT:

a general liability policy will respond to claims against an insured when bodily injury or property damage is cause by

What type of coverage does a homeowners policy include that a dwelling policy does not?

in a Personal Auto Policy, a covered auto could include all of the following EXCEPT:

Fiduciary