FINAL EXAM INSURANCE@@
Pataasin ang iyong marka sa homework at exams ngayon gamit ang Quizwiz!
Premiums collected on behalf of the insurance company by an agent will be held in what capacity?
Fiduciary
Using an air-cooled engine, a proposed insured has developed a new, experimental aircraft. If the inventor applies for liability insurance, what rating type will the insurer most likely use?
Judgment
Property insurance that provides $100,000 coverage for a building and $50,000 coverage for personal property at a single location is called
1. Blanket coverage.2. Described coverage.3. Specific coverage.4. Schedule coverage. A: Specific coverage
The Businessowners policy (BOP) extension coverage form for personal property off-premises is limited to
5000