JK Insurance Part 2

Which term describes a property that does not contain furnishing contents or occupants

Which of the following losses would be covered under the standard fire policy

insured chose not to purchase physical damage coverage on a snowmobile. Which method of handling risk does this describe

insurance contract states when a loss occur individual should be restored to financial condition just to loss

All homeowners forms Coverage E Personal liability applies to which situation

Which of the following in Not a basic peril on all homeowners forms

Loss settlement that takes a deduction for depreciation is called

In dwelling policy an unoccupied property refers to one that has no

Example of an unfair trade practice is

terms describe the fact that both parties of a contract may not receive the same value

type of insurance policy characterized by the identification of several terms with its own description and limit

Standard fire policy when the insured and the insurer fail to agree on the amount of loss

Dwelling and homeowner policies both exclude coverage for

Which of the following would be a component of rate

homeowner policy coverage up to 500 is provided for an insured legal obligation to pay loss in all situations except

Which is considered a collision loss

Supplemental coverage to a homeowners policy for listed articles is referred to as

An insured saves newspaper and keeps them neatly stacked in the family room near fireplace. Newspaers are

A Dwelling policy should be used to insure a

The main purpose of insurance is to

contract of utmost faith b/c the insurer relies on truthfulness of applicant and insured relies on the insurers promise

all of the following perils are included in an unendorsed dwelling basic form DP-1 except

Why is the homeowners policy considered a multiline policy

Before a policy can be issued by an insurer it first has to be approved by

Which of the following endorsements ensures that your contents are not valued an actual cash value bases

Something that increases the probability of loss is called

A clients perspective of a producer actions or deeds demonstrates what king of authority

A producer may be guilty of misrepresentation if the producer

Under mobile home policy Coverage E Personal Liability applies to which situation

All of the following are unfair insurance trade practices Except

A contract will be deemed invalid if

of the following conditions which would void the coverage of a standard fire policy

liability policy has per person limit of 2500per accident limit of50000 for bodily damageProperty damage limit of 25000

All of the following are unfair trade practices except

Unfair methods of competition in the business of insurance would include all of the following exept

principle that when loss occurs the insured is restored to approximate financial condition they were in prior to loss

commissioner finds that a producer has been engaging in unfair practices defined in the LA code of the following

Under HO3 policy Coverage C Personal property is applicable to all the following except when