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Insurance 2

Terms in this set (45)

What is the limit per day for transportation expenses under a PAP

Losing and not winning

Hazard is portrayed by all except

Hail hitting your parked vehicle causing paint and glass damage

Number of days to deny or accept a claim

Hazard from environment condition

Physical hazard

Driving on behalf of employer negligent operation injures members of the public employers held liable because of

Vicarious liability

Insurance company compensating and insured for a loss caused by another party and then the insurer recovers damages from the at fault parties insurer resulting in the insured voluntarily surrendering the right to sue party causing the loss

Maintain customer records for

Policy cover only perils in policy

Endorsement used to ensure a motorcycle under a PAP

Miscellaneous type vehicle endorsement

Under law requirements in California what is the minimum limit for several people injured in one accident

In an unendorsed claims-made general liability policy how long does an insured have to report a claim which occurred during the policy period

All principal rating factors for personal auto policies except

Number of listed drivers

Medical payments coverage of $2000 are provided under a personal auto policy all are true concerning this coverage except

Up to $2000 total will be paid for all injuries that result from an accident

A situation in which there is only the possibility of financial loss or no loss is considered a