Questions by voice

1 answer

You insure your $200,000 home under a HO-3 policy with an 80% coinsurance provision, deciding to purchase $150,000

asked Oct 27, 2021 in Finance

1 answer

The goal of Risk Management is to

asked Oct 27, 2021 in Finance

1 answer

Which of the following would be covered under the Medical Payments section of your Personal Auto Policy (PAP)?

asked Oct 27, 2021 in Finance

1 answer

The Medical Payments Coverage under Section 2 in the HO-3 policy covers all of the following EXCEPT

asked Oct 27, 2021 in Finance

1 answer

The principle of indemnity in insurance means

asked Oct 27, 2021 in Finance

1 answer

Which of the following is NOT a method for settling a casualty insurance Claim?

asked Oct 27, 2021 in Finance

1 answer

Which clause or concept in insurance law provides that when an insurer indemnifies the insured for loss

asked Oct 27, 2021 in Finance

1 answer

If a property insurance agent knocks on the door of I.M. Covered, explains the contract, and receives a check

asked Oct 27, 2021 in Finance

1 answer

The Principle of utmost good faith

asked Oct 27, 2021 in Finance

1 answer

Taking a $500 on your PAP automobile insurance contract is an example of

asked Oct 27, 2021 in Finance

1 answer

An independent agency system for selling insurance

asked Oct 27, 2021 in Finance

1 answer

The Mailman who visits your property to deliver the mail is

asked Oct 27, 2021 in Finance

1 answer

Lloyd’s of London (mcq)

asked Oct 27, 2021 in Finance

1 answer

The most difficult and important step in risk management process and one that can lead to a risk manager being

asked Oct 27, 2021 in Finance

1 answer

Insurance or risk transfer in best used in risk management when the frequency of loss is _______ and the severity of

asked Oct 27, 2021 in Finance

1 answer

Underwriting might best be defined as

asked Oct 27, 2021 in Finance

1 answer

A Mutual Insurance company is

asked Oct 27, 2021 in Finance

1 answer

Adverse selection represents a case where

asked Oct 27, 2021 in Finance

1 answer

Risk avoidance is the best risk management tool when the chance of loss is _____ and the loss severity is _____.

asked Oct 27, 2021 in Finance

1 answer

Which of the following is a suitable definition of "Insurance"?

asked Oct 27, 2021 in Finance

1 answer

Which of the following is NOT an example of a pure risk?

asked Oct 27, 2021 in Finance

1 answer

According to the law of large numbers, which of the following is true as the number of exposures increases?

asked Oct 27, 2021 in Finance

1 answer

All of the following are direct losses EXCEPT

asked Oct 27, 2021 in Finance

1 answer

Leaving gas can next to a furnace, likely to produce a fire or explosion, is an example of a

asked Oct 27, 2021 in Finance

1 answer

There are several techniques available for managing risk. For each of the following risks, identify an appropriate

asked Oct 23, 2021 in Finance

Page:

« prev
1
...
155
156
157
158
159
160
161
...
198
next »

...