Exam Fx-Property and Casualty Exam Questions and Answers 100% Pass

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To be considered an insurable risk, a loss may NOT be ✔✔catastrophic Which of the following persons would be required to hold a producer license? ✔✔a nonresident agent who negotiates insuran... ce contracts Which of the following is the oldest known type of insurance? ✔✔ocean marine The contents coverage on a homeowners policy would pay how much after the loss of one of a pair of golden candlesticks? ✔✔the difference in the actual cash value as a pair and as a single Which of the following additional perils is covered under both of the Basic and Broad forms in dwelling policies? ✔✔internal explosion When would a misrepresentation on the insurance application be considered fraud? ✔✔If it is intentional and material A bond is written for a set limit, and the surety will be liable only for this amount. This limit is known as the ✔✔penalty [Show More]

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