General Level 1 Licensing

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Decks in this class (23)

Course Introduction
All segments of the insurance ind...,
Insurance is a ___________ matter,
Regulation of agents and brokers ...
49  cards
Managing Risk and Insurance Contracts
What are the 3 categories of risk...,
What are the 4 steps of dealing w...,
What is meant by avoidance of risk
22  cards
Introduction to Property Insurance
What does it mean to bind an insu...,
Binders may be ____ or ____,
Why are binders important
52  cards
Fundamentals of Property Insurance
What is covered under a basic policy,
What is covered under a broad policy,
What is covered by comprehensive ...
22  cards
Homeowners Basic Policy
What are the first 7 perils liste...,
What is the exclusion under explo...,
What is meant by smoke
22  cards
Advanced Property Insurance
In the comprehensive home policy ...,
What are some exclusions on the c...,
What is a specified peril
56  cards
Condominium Unit Owners Form
What is a condo unit,
Who controls the bylaws and legal...,
What is a standard or conventiona...
10  cards
Mobile Homeowners Form
What is a mobile home,
Mobile homeowners form is a _____...,
What is different about replaceme...
11  cards
Liability of All Property Policies
What is a tort,
What is a tortfeasor,
Common law is law of
52  cards
Co-Insurance and Re-Insurance
What is the formula for calculati...,
In the co insurance formula what ...,
In the co insurance formula what ...
18  cards
Commercial Insurance
Which forms contain theft peril,
Out of theft burglary and robbery...,
What is the definition of burglary
57  cards
Commercial General Liability
What are the components of a cgl ...,
Define bodily injury,
Define property damage
11  cards
Surety Bonding
Who is the principal in a surety ...,
Who is the obligee in a surety bond,
Who is the surety in a surety bond
12  cards
Farm Insurance
What is animal mortality insurance,
What is the deferred loss settlem...,
What coinsurance is common on far...
7  cards
Intro to Automobile Insurance
What does spf stand for,
Spf no1 is always issued to,
Spf no 1 is always rated for
128  cards
Errors and Omissions
Why is errors and omissions insur...,
What is characteristic of an erro...,
What is another situation in whic...
7  cards
Trust Funds
What is earned premium,
What is unearned premium,
What funds would be held in a tru...
9  cards
Code of Conduct
What are the 11 main principles u...
1  cards
Marketing of Insurance, Claims Admin and Underwriting
Matching and mirroring behaviour ...,
When does tied selling occur,
What is the definition of abeyance
20  cards
Underwriting
What are actuaries responsible or,
Using loss _______ and loss _____...,
What is loss frequency
13  cards
Insurance Industry Knowledge
Cip stands for,
How many courses are required to ...,
Who offers the cip program
69  cards
Travel Insurance and Disability Insurance
A basic travel assistance policy ...,
What are repatriation costs,
A comprehensive or enhanced trave...
23  cards
Risk Management
What are the 5 steps in the risk ...,
What is avoiding the rissk,
What is controlling the risk
6  cards

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General Level 1 Licensing

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