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Questions And Answers

Question And Answer

Insurance

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Exam Fx-Property and Casualty Exam Questions and Answers 2024

To be considered an insurable risk, a loss may NOT be - Correct answer-catastrophic Which of the following persons would be required to hold a producer license? - Correct answer-a nonresident agent who negotiates insurance contracts Which of the following is the oldest known type of insurance? - Correct answer-ocean marine The contents coverage on a homeowners policy would pay how much after the loss of one of a pair of golden candlesticks? - Correct answer-the difference in the actual cash v

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Property And Casualty Insurance

Property and Casualty Insurance Exam – Georgia Questions and Answers 100% Pass 2024

BPP building coverage ✔✔insures the building at the described location, outdoor, fixtures, furnitures, items used to service the property, permanently installed machinery and equipment, and additions under construction, including the materials, supplies, and equipment. HO limits of property at other residences ✔✔the larger of $1000 or 10% Coverage C. Limit does not apply if property is moved because the residence premise is being repaired or rebuilt. When property is moved to newly acquired

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