WV Licensing T Study Qu Study guides, Class notes & Summaries

WV Licensing Test Study Questions with 100% correct answers 2024 Last document update:   ago

1. Methods of risk management include: A. Transfer B. Sharing C. Avoidance D. All of the above. correct answersD. All of the above. 2. An insured has suffered a fire loss to his/her dwelling. This insured is which party to the claim? A. Third party B. First party C. Second party D. Loss payee correct answersB. First party 3. Mr. Jones, a pedestrian, was injured by Mr. Smith while driving his vehicle. Mr. Smith is insured by I Am Bogus Insurance Company. The insurance company would ...