2-20 Florida General Lines questions and complete solution.
2-20 Florida General Lines questions and complete solution. Hazard d- d d d dcorrect danswer.Condition dthat dintroduces dor dincreases dthe dlikelihood dof dloss dfrom da dperil Franchise dDeductible d- d d d dcorrect danswer.No dpayments dmade dunless dthe dloss dequals dor dexceeds dprescribed damount, dthen dloss dpaid din dfull Misrepresentation d- d d d dcorrect danswer.Untrue dstatement dmade dby dinsured Liability dInsurance d- d d d dcorrect danswer.Insurance dpaid dto dothers don dinsured's dbehalf Valued dPolicy dLaw d- d d d dcorrect danswer.Total dloss dby dinsured dperil dto da dbuilding, dstructure, dmobile dhome dor dmanufactured dhosing dunit, dthe dinsurer dmust dpay damount dprovided din dpolicy dfor dwhich dpremium dhas dbeen dpaid. Loss dSettlement d- d d d dcorrect danswer.Actual dCash dValue, dReplacement dCost, dValued dPolicy, dand dValued dPolicy dLaw dare dconsidered Insurance d- d d d dcorrect danswer.Contract dwhereby done dundertakes dto dindemnify danother dor dpay da dspecified damount dupon dcertain dconditions Percentage dDeductible d- d d d dcorrect danswer.Deductions dfrom dthe dloss dof da dpercentage dof dthe dvalue dof dthe dproperty Liberalization d- d d d dcorrect danswer.Condition dautomatically dbroadening dcoverage dif dinsurer dbroadens dcoverage dwithin da dcertain dtime dperiod Real dProperty d- d d d dcorrect danswer.Buildings dand dLands Appraisal d- d d d dcorrect danswer.Used dwhen dinsured dand dinsurer dare din ddisagreement dregarding damount dof dloss Coinsurance dclause d- d d d dcorrect danswer.Clause drequiring dinsured dto dpay dpart dof dthe dloss dif dthe dcoverage dunder dthe dpolicy dlimits dat dthe dtime dof dloss dis dless dthan da dspecified dpercentage dof dthe dvalue dof dthe dproperty Aggregate dLimit d- d d d dcorrect danswer.A dspecified dtotal damount dfor dall dliability dlosses doccurring dwithin dthe dpolicy dperiod Policy d- d d d dcorrect danswer.Written dcontract dor dagreement deffecting dinsurance, dincluding, dclauses, driders, dendorsements dand dpapers.
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2 20 florida general lines questions