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ADJUSTER EXAM (ARIZONA) $16.75 Add to Cart
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Download DocumentTRIA coverages
{Ans: Tria is not available coverage for both personal and commercial lines of insurance.}
P3:
An Expressed waiver
{Ans: The agent wants you to sign a document giving up your right to coverage.}
In a Personal Auto Policy, the split limits under the liability section will apply to all of the following, EXCEPT:
{Ans: the total for property damage to the insured's auto
No Benefit to Bailee
{Ans: is a provision or condition that is commonly found in inland marine insurance policies. ... The provision is intended to prevent a bailee from recovering any portion of insurance proceeds in the event that, for example, property under the control of a bailee is damaged, lost, or stolen.}
Residual Market Also known as
{Ans: Shared market, involuntary market, assigned risk program.}
Dwelling coverage forms
{Ans: DP-1: basic form
DP-2: broad form
DP-3: special form}
What does a declaratory judgment action seek
{Ans: In a declaratory judgment, a court will consider the case and issue a binding decision about the rights of the different parties, but it will not order any action or damages. The decision simply clarifies the legal relationship of the disputing parties.}
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