Utah Property and Casualty Insurance Questions and Correct Answers | Latest Update
0 view 0 purchase
Course
Utah Property and Casualty Insurance
Institution
Utah Property And Casualty Insurance
Absolute Liability
-:- Liability that arises from an extremely dangerous situation. Absolute
liability is often found in cases involving explosives. Also known a s
"strict" liability. For ex you are absolutely liable if you keep a wild animal
as a pet.
Accident
-:- A sudden and unexpecte...
✓ -:- An individual appointed by an insurance company to solicit,
negotiate, effect, or countersign insurance contracts on its behalf.
Aggregate Limit
✓ -:- A type of policy limit found in Liability policies that limits coverage
to a specified total amount for all losses occurring within the policy
period.
Alien Company
✓ -:- An insurance company incorporated in a country other than the
United States
Allied Lines
✓ -:- Property coverages that are closely associated with and frequently
sold with fire insurance: Dwelling Building and Contents form, Earthquake
insurance, Sprinkler Leakage, etc.
All-Risk Insurance
3|P a g e | G r a d e A + | 2 0 2 0 2 5
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Latestupdate. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
