Which of the following statements about the National Flood Insurance Program is TRUE? a. It covers dwellings, but not commercial risks. b. It may be written in any community in the United States. c. It may only be written in communities participating in the program. d. It has an emergency program for risks located in communities that do not choose in the program. A surplus Lines Broker is required to obtain every applicant's signature on a statement that provides all of the following information EXCEPT a. The policy was denied by insurers licensed by the State of california. b. Guarantee funds will not pay for claims if the insurer becomes insolvent. c. The insurer does not participate in any of the California insurance guarantee funds. d. The policy is being issued by an insurer who is not licensed by the State of California. Which of the following is considered covered equipment under an Equipment Breakdown policy? a. Computer media. b. Excavation equipment. Air conditioning compressor. d Equinment manufactured by the insured for sale

Which of the following statements about the National Flood Insurance Program is TRUE? a. It covers dwellings, but not commercial risks. b. It may be written in any community in the United States. c. It may only be written in communities participating in the program. d. It has an emergency program for risks located in communities that do not choose in the program. A surplus Lines Broker is required to obtain every applicant's signature on a statement that provides all of the following information EXCEPT a. The policy was denied by insurers licensed by the State of california. b. Guarantee funds will not pay for claims if the insurer becomes insolvent. c. The insurer does not participate in any of the California insurance guarantee funds. d. The policy is being issued by an insurer who is not licensed by the State of California. Which of the following is considered covered equipment under an Equipment Breakdown policy? a. Computer media. b. Excavation equipment. Air conditioning compressor. d Equinment manufactured by the insured for sale

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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