California property and casualty exam questions and answers graded A

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The process where by a mutul insurer becomes a stock company is called ✔✔Demutalization The process whereby a stock company a mutal insurer is called ✔✔Mutalization The provision in a proper... ty policy which states that the insured has been paid up to their insurable interest is ✔✔Valuation clause The part of the policy that states the amout of coverage the insured property policy period is ✔✔Declaration Part of the policy that establishes limits upon the insurer and the insured with the insuance policy ✔✔Conditions Which are the characterics of negligence ✔✔Duty,breach,proximate cause, damages Which of the following is not a federal program ✔✔Worker' compensation Absolute risk(liability) is imposed ✔✔When there is negligence whether proven or not [Show More]

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