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Insurance Questions and Answers (Q&A)

Wyatt Williams
Answered: Jul 02, 2020
Tort Law

1 Answer

404 views
John Smith
Answered: Jul 02, 2020
They invest heavily in short-term highly marketable securities

1 Answer

402 views
Wyatt Williams
Answered: Jul 02, 2020
Market capitalization of Insurance companies

1 Answer

383 views
John Smith
Answered: Jul 02, 2020
A binder may be oral or written

1 Answer

377 views
John Smith
Answered: Jul 02, 2020
After a loss, an insured should be restored to approximately the same condition that existed before the loss.

A is correct. The principle of indemnity states that when a loss occurs, an...Read More

1 Answer

337 views
Fsspc
Answered: Jul 02, 2020
Signatures of the parties involved

D is correct. The four requirements for forming a valid contract are competent parties, a legal purpose, offer and acceptance, and consideration. Oral...Read More

1 Answer

296 views
John Adney
Answered: Sep 18, 2017

C.It covers attorneys fees for legal defense of title.

3 Answers

295 views
C. Marcus, Content Developer
Answered: Oct 24, 2018
The answers to this are C and D. There are some insurance companies that allow the home that is being lived in by the borders to be insured provided that there is only a maximum of two boarders...Read More

2 Answers

283 views
Wyatt Williams
Answered: Jul 02, 2020
Social Security Program

1 Answer

259 views
John Smith
Answered: Jul 02, 2020
Appears whenever an individual has the freedom to buy or not to buy, to choose the amount of plan of insurance, and to continue or to discontinue being insured.
The process by which consumers...Read More

1 Answer

254 views
John Smith
Answered: Jul 02, 2020
Proximate cause.

B is correct. Proximate cause is one of the elements required to establish a charge of negligence. It is an action that, in a natural and continuous sequence, produces a...Read More

1 Answer

253 views
John Smith
Answered: Jul 02, 2020
Policy dividends are an intentional return of a portion of the premiums paid.

1 Answer

252 views
John Smith
Answered: Jul 02, 2020
Reduction

B is correct. A sprinkler system can reduce the severity of fires, but it does not prevent them altogether.

1 Answer

250 views
Marilyn_difo
Answered: Jul 02, 2020
The policy

1 Answer

247 views
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