CPCU 552 REAL EXAM 2024-2025 WITH 200 QUESTIONS AND CORRECT ANSWERS GRADED A / CPCU 552 ACTUAL EXAM LATEST 2024 (BRAND NEW!!)
CPCU 552 REAL EXAM 2024-2025 WITH 200 QUESTIONS AND CORRECT ANSWERS GRADED A / CPCU 552 ACTUAL EXAM LATEST 2024 (BRAND NEW!!)
Which one of the following is true regarding disclosures and endorsements
pertaining to the Terrorism Risk Insurance Program Reauthorization Act of 2015
(TRIPRA 2015)? - ANSWER-The endorsements define an insured loss as any loss
resulting from an act of terrorism, and for purposes of workers compensation
coverage, the endorsements include acts of war. (Endorsements pertaining to
TRIPRA 2015 define an insured loss as any loss resulting from an act of terrorism,
and for purposes of workers compensation coverage, the endorsements include acts
of war.
A large scrap metal dealer sends product to its warehouse in Mexico before it is
sold to manufacturers of automobile parts. The scrap metal dealer is headquartered
in the United States and covers its foreign risk exposures by using an international
package policy. The insurer that issues the policy is most likely domiciled in -
ANSWER-The United States.
An unendorsed securities brokers professional liability policy will insure the firm
and registered representatives for claims alleging negligence committed on the
firm's behalf in which one of the following capacities? - ANSWER-Selling life
insurance products (An unendorsed securities brokers professional liability policy
will insure the firm and registered representatives for claims alleging negligence
committed on the firm's behalf while selling life insurance products.
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