Property & Casualty Insurance Exam Practice 2 — Flashcards | Real Estate Basics | FatSkills

Property & Casualty Insurance Exam Practice 2 — Flashcards

Fast review mode: answers are shown by default so you can skim quickly. Hide them if you want to self-test.

The topics covered on the Property & Casualty Insurance Exam depend on the specific state board in the United States. Below are some probable categories for this exam.

Types of Policies, which includes limited-pay, single-premium life, and ordinary whole life.
Parts of a Policy, which includes declarations, agreements, conditions, and exclusions.
Policy Riders and Provisions, which includes waiver of premium, accidental death dismemberment, insurance clause, owner’s rights, and payor benefits.
Completing the Application, which includes underwriting, warranties, replacement, insurable interest, and the Fair Credit Reporting Act.
Insurance Concepts, which includes life insurance, business insurance, retirement plans, and social security.
Marketing Practices, which includes claims methods, false advertising, rebating, fraud, and misrepresentation.
Basics of Third Party Coverage, which includes liability policies, negligence, and “No Fault” benefits.
Specialty Policies, which includes Fair Plan Coverage, Personal Watercraft, and flood insurance.
Commercial Crimes, which includes extortion, theft, and robbery.
Licensing Laws, which includes limited lines, types of producers, fees, and commissions.

1 of 101 Ready
Can a warranty be valid and enforced if not specifically written out in the contract?
Sometimes a warranty only need be expressed or implied
Shortcuts
Prev Space Show / hide Next
Turn this into a study set.
Sign in with Google to save tricky questions to your reminder list and resume on any device.
Sign in with Google Free • no extra password