a. Identify and explain the basic perils insured under a Standard Fire Policy. Name any three extra perils that can be insured under the Standard Fire Policy. b. What is the purpose of arranging a Consequential Loss insurance cover? Explain why an insured may only be able to obtain a Consequential Loss insurance cover after they have purchased the relevant fire policy.

a. Identify and explain the basic perils insured under a Standard Fire Policy. Name any three extra perils that can be insured under the Standard Fire Policy. b. What is the purpose of arranging a Consequential Loss insurance cover? Explain why an insured may only be able to obtain a Consequential Loss insurance cover after they have purchased the relevant fire policy.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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provides protection against most risks of fire, theft and some weather damage. a. Earthquake insurance b. Renters insurance c. Health insurance d. Property insurance
When compleling an insurance applicalion, a producer should A. complete as much of the application as possible before meeting wilh the applicant to save lime B. request that the applicant review he completed application before signing it C. avoid asking the applicant questions on he application which may be embarrassing D. omit informalion from lhe application which may cause the application to be rejected by the insurance company
Briefly explain the factors that are considered in determining the premium for automobile liability insurance. What additional factors are considered in the rating of comprehensive and collision coverages? What factors apply in the case of youthful drivers that are not considered in the case of other drivers? [
The life Insurance Solicitation regulation requires an insurer to provide which of the following items to an applicant upon request? An Outline of Coverage An insurance consumer handbook A Buyer's Guide A copy of the Illinois insurance regulations
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C. Endorsement. O D. Claim form. 17. The insurer will issue to the insured before completion of policy form. * O A. certificate of insurance O B. cover note O C. renewal notice D. completion notes 18. A warning on duty to disclose changes affecting the existing policy inspection are sent to insured through
Name a peril that is often excluded from an home or auto insurance policy. Why is the peril included in an insurance policy
Three statements given below write tru or false with reason A .ICD-10-CM provides procedures codes for services provided. B. The diagnosis must be linked to each procedure on the claim form. C. POS codes tell the insurance company where the services were provided.
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An advance health directive that allows a person to control what medical treatment he or she may receive after a serious accident or illness is a. a health-care power of attorney. b. a constructive trust. c. a durable power of attorney. d. a living will.
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