Busy. Please wait.
Log in with Clever

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever

Username is available taken
show password

Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Didn't know it?
click below
Knew it?
click below
Don't Know
Remaining cards (0)
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Princ. of Insurance

Principles of Insurance (Property and Casualty)

In order to collect under a Property and Casualty policy, an insurable interest must exist at which of the following times? At the time of the loss.
Gertrude has an insurable interest in all of the following EXCEPT: Property her Uncle might leave her.
All of the following are examples of insurable interest EXCEPT a: person's interest in property she intends to purchase next week.
Exclusions are often found in insurance policies for which of the following reasons? To help control physical and moral hazards; To eliminate catastrophic or uninsurable perils; To indirectly protect the interests of the other policy holders.
All of the following can improve the acceptability of a risk EXCEPT: Hazards
To have an insurable interest in a property, the insured must currently have some financial relationship to the property.
In Property and Casualty, the term used to describe situations or conditions that can increase risk, such as ice on streets or faulty wiring in buildings is/are called Hazards
Which of the following insurance principles is designed to keep you from profiting by insuring and then destroying other people's property? Insurable Interest
There are 2 types of risk, which of the following type of risk is NOT insurable? Speculative Risk
There can be many Perils in an insurance policy. What is the definition of a peril? The cause of loss
All of the following are types of hazards EXCEPT: Risk
Created by: BGeisert
Popular Insurance sets




Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
restart all cards