Nfip Study guides, Class notes & Summaries
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NJ Property/ Casualty Insurance Exam Set With 100% Correct Answers 2023.
- Exam (elaborations) • 31 pages • 2024
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NJ Property/ Casualty Insurance Exam Set With 100% Correct Answers 2023. 
 
 
Why was the commercial Insurance Deregulation Act Created? 
To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices 
Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? 
Commercial policies 
When must rate amendments & policy forms be filed with the commissioner? 
30 days before 
What losses are excluded from...
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Virginia Property and Casualty Insurance Exam (Latest 2024/ 2025 Update) Practice Questions and Verified Answers| 100% Correct| Grade A
- Exam (elaborations) • 40 pages • 2024
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Virginia Property and Casualty Exam 
(Latest 2024/ 2025 Update) Practice 
Questions and Verified Answers| 100% 
Correct| Grade A 
 
Q: If information on consumer reports differs from an applicant's statements and causes the 
insurer to reject the application, the insurer has made a/an: 
A. Adverse underwriting decision 
B. Unfair decision 
C. Unfair discriminatory decision 
D. Negative underwriting decision 
 
 
Answer: 
A. Adverse underwriting decision 
 
 
 
Q: Identify a federal law that...
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NJ Property/ Casualty Insurance Exam 2024 Set With Correct Answers
- Exam (elaborations) • 34 pages • 2024
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NJ Property/ Casualty Insurance Exam 
 
 
Why was the commercial Insurance Deregulation Act Created? - Answer To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices 
 
Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? - Answer Commercial policies 
 
When must rate amendments & policy forms be filed with the commissioner? - Answer 30 days before 
 
What losses are excluded from floo...
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National Flood Insurance Policy (NFIP) Exam 2023
- Exam (elaborations) • 6 pages • 2023
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National Flood Insurance Policy (NFIP) Exam 2023 
National flood insurance program (NFIP) - ️️ 1. standard homeowners insurance 
doesn't cover flooding 
2. the NFIP offers flood insurance, if their community participates in the NFIP 
3. participating communities agree to adopt and enforce ordinances that meet or exceed 
federal emergency management agency requirements to reduce risk of flooding 
who is NFIP administered by? - ️️ FEMA 
in order to qualify for flood insurance, a community...
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NJ Property/ Casualty Insurance Exam Questions with 100% Correct Answers
- Exam (elaborations) • 34 pages • 2024
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Why was the commercial Insurance Deregulation Act Created? Correct Answer To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices 
 
Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? Correct Answer Commercial policies 
 
When must rate amendments & policy forms be filed with the commissioner? Correct Answer 30 days before 
 
What losses are excluded from flood insurance? Correct Answ...
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AINS 102 (Latest 2023/ 2024 Update) Understanding Personal Insurance Exam Prep| Questions and Verified Answers| 100% Correct
- Exam (elaborations) • 40 pages • 2023
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AINS 102 (Latest 2023/ 2024 Update) Understanding Personal Insurance Exam Prep| Questions and Verified Answers| 100% Correct 
 
Q: General damages 
 
 
Answer: 
A monetary award to compensate a victim for losses, such as pain and suffering, that do not involve specific, measurable expenses. 
 
 
 
Q: HO-3 Special Form 
 
 
Answer: 
Coverage for owner-occupants, providing open perils coverage on buildings and specified perils coverage on personal property. 
 
 
 
Q: Hull insurance 
 
 
Answer: 
I...
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NFIP EXAM WITH COMPLETE SOLUTION
- Exam (elaborations) • 4 pages • 2023
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NFIP EXAM WITH COMPLETE SOLUTION
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NFIP Exam With 100% Correct Answers 2023
- Exam (elaborations) • 4 pages • 2023
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NFIP Exam With 100% Correct Answers 2023
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National Flood Insurance Policy (NFIP) Exam 2023
- Exam (elaborations) • 2 pages • 2023
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National Flood Insurance Policy (NFIP) Exam 2023
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NFIP Flood Insurance Exam Questions and Answers -Graded A
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NFIP Flood Insurance Exam Questions and Answers -Graded A
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