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NJ Property, Casualty, and Auto Licensing Exam With 100% Correct Answers 2024
- Exam (elaborations) • 22 pages • 2024
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NJ Property, Casualty, and Auto Licensing Exam With 100% Correct Answers 2024
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NJ Property State Exam with 100% Correct Answers Verified Q&A Latest 2024
- Exam (elaborations) • 7 pages • 2024
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NJ Property State Exam with 100% Correct Answers Verified Q&A Latest 2024
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2024 NJ PSI Property and Casualty Exam Questions with correct Answers 350+ Verified Questions and Answers
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The Mobile Home Endorsement of a Homeowners policy affords coverage to mobile homes under the? A. HO-1 (Basic Form) 
B.	HO-2 (Broad Form) 
C.	HO-3 (Special Form) 
D.	HO-2 or HO-3 (Broad and Special) D. HO-2 or HO-3 (Broad and Special) 
 
All of the following are eligible for coverage under Homeowners policy except? 
A. A condominium unit owner.	 
B. A farm owner.	 	 
C. A mobile home owner.	 	 
D. A tenant in an apartment building. B. A farm owner.	 
Under Homeowners policies, the bas...
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NJ Property Casualty Insurance Exam Set Latest Update 2024 New Questions Included
- Exam (elaborations) • 90 pages • 2024
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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 flood insurance? 
-Landslides 
-Sewer backup 
-Windblown Rain 
-S...
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Nj property and Casualty Insurance Exam With 100% Correct Answers 2024 Updated
- Exam (elaborations) • 7 pages • 2024
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Nj property and Casualty Insurance Exam With 100% Correct Answers 2024 Updated 
 
Aleatory Contract - Correct Answer-Insurance policy is based upon uncertainty of a 
loss, equal value is not given by the parties to the contract.	 
 
Utmost Good Faith - Correct Answer-Parties to the contract rely upon the integrity of 
one another.	 
 
Insuring Agreement - Correct Answer-The section of an insurance policy containing the 
insurer's promise to pay, the description of coverage provided and p...
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NJ Property & Casualty Exam Practice with 100% Correct Answers (Latest Update 2024)
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NJ Property & Casualty 
What is a Business Owners Policy (BOP)? - Correct Answer-They usually are targeted at small and medium-sized businesses. This assembles the basic coverages required by a business owner in one bundle. 
 
What are the features of a BOP Policy? - Correct Answer-Property Liability, Business 
Income, and General Liability	 
 
What is the method of valuation on building and business personal property? - Correct Answer-Replacement Cost / 80% or more of the full replacement ...
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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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NJ Property/ Casualty Insurance Bundled Exams Questions and Answers Multiple Versions (2024/2025) (Complete and Accurate)
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NJ Property/ Casualty Insurance Bundled Exams Questions and Answers Multiple Versions (2024/2025) (Complete and Accurate)
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NJ Property/ Casualty Insurance Exam Set Questions and Answers Already Passed
- Exam (elaborations) • 82 pages • 2024
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NJ Property/ Casualty Insurance Exam 
Set Questions and Answers Already 
 
Passed 
 
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 e...
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NJ PROPERTY/ CASUALTY INSURANCE EXAM 350 QUESTIONS AND CORRECT DETAILED ANSWERS ALREADY A GRADED WITH EXPERT FEEDBACK TOP RATED VERSION FOR 2024-2025 |NEW!!{REVISED}
- Exam (elaborations) • 61 pages • 2024
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NJ PROPERTY/ CASUALTY INSURANCE 
EXAM 350 QUESTIONS AND CORRECT 
DETAILED ANSWERS ALREADY A 
GRADED WITH EXPERT FEEDBACK 
TOP RATED VERSION FOR 
|NEW!!{REVISED}