Uninsured motorists insurance is fairly low in cost. Because, the cost of the coverage is low compared to the amount of protection it provides, drivers should purchase at least:
A. The maximum available limit
B. The minimum available limit
C. The equality limit
D. None of these
A comprehensive automobile insurance policy designed to be easily understood by the "typical" insurance purchaser is called:
A. Personal automobile policy
B. Bodily injury liability
C. Property damage
D. Auto insurance coverage
Many types of properties are covered by homeowner's policies. These policies also define the types of losses they cover and the persons and the locations covered. There are three types of property-related losses when misfortune occurs. Which one of the following is Not out of those losses?
A. Direct loss of property
B. Indirect loss occurring due to damaged property
C. Additional expenses occurring due to direct and indirect losses
D. Replacement cost
The amount of insurance coverage you receive depends on the type of homeowner's policy you buy. You can also obtain coverage if you're a renter or a condominium owner. The basic form(HO-1) covers perils like:
A. Smoke and Hail
B. Theft vandalism
C. Civil commotion
D. All of the above
________ is an endorsement or policy providing either blanket or scheduled coverage of expensive personal property not adequately covered in a standard homeowner's policy.
A. Personal property floater
B. Peril
C. Condominium
D. Co-insurance
Co-insurance is:
A. A provision in property insurance
B. A provision in actual cash value
C. A provision in liability insurance
D. A provision in health insurance
Nowadays, the certification exams become more and more important and required by more and more enterprises when applying for a job. But how to prepare for the exam effectively? How to prepare for the exam in a short time with less efforts? How to get a ideal result and how to find the most reliable resources? Here on Vcedump.com, you will find all the answers. Vcedump.com provide not only American Bankers Association exam questions, answers and explanations but also complete assistance on your exam preparation and certification application. If you are confused on your CTFA exam preparations and American Bankers Association certification application, do not hesitate to visit our Vcedump.com to find your solutions here.