NJ Study guides, Class notes & Summaries

When must you signal before making a turn? - Answer- at least 100 feet before the intersection How close may you park to a stop sign? - Answer- 50 feet How close may you park to a corner? - Answer- 25 feet How close may you park to a fire hydrant? - Answer- 10 feet What is the stopping distance on a dry road at 50 m.p.h? - Answer- 243 feet What is the proper distance you may park from the curb? - Answer- 6 inches or less What are the penalties for driving without insurance? - ...

NJ PSI Property and Casualty Exam 2024 with complete solutions The Mobile Home Endorsement of a Homeowners policy affords coverage to mobile homes under the? A. HO-1 (Basic Form) B. HO-2 (Broad Form) C. HO-3 (Special Form) D. HO-2 or HO-3 (Broad and Special) - answerD. HO-2 or HO-3 (Broad and Special) All of the following are eligible for coverage under Homeowners policy except? A. A condominium unit owner. B. A farm owner. C. A mobile home owner. D. A tenant in an apartment buildin...

NJ P&C Insurance Exam Questions with Verified Answers (Graded A) A flood damages a single-family dwelling that is in a community in the early stages of participation in the NFIP, but they are not yet considered participating. What is the maximum a resident may receive for damages to their personal property? - ANSWER$10,000 Under the Dwelling Broad Form, losses to an unattached garage are paid on which basis? - ANSWERReplacement Cost Which of the following is false regarding the Building ...

NJ Life Producer Exam Graded A+ Which of the following amounts must decrease in a decreasing term? - answerDeath benefit In life insurance, insurable interest must exist at the time the.. - answerProducer writes an on a proposed insured An applicant makes an offer to the insurer when they - answerpay an initial premium with the application Which of the following makes Universal Life insurance different from other forms of permanent insurance? - answerPremium Schedule An insurer that sha...

NJ Life Producer Exam Graded A+ Dwelling Policy - ANSWEROnly insures property DP-1 - ANSWERBasic Form DP-2 - ANSWERBroad Form DP-3 - ANSWERSpecial Form Dwelling Coverage A - ANSWERDwelling- Covers dwelling, structures attached to dwelling, and materials/supplies for the dwelling. Dwelling Coverage B - ANSWEROther Structures- Insures buildings on premise but separate from the dwelling. Dwelling Coverage C - ANSWERPersonal Property- Covers the insured's personal property and must be req...

NJ PSI Property and Casualty Exam 2024 with complete solutions The Mobile Home Endorsement of a Homeowners policy affords coverage to mobile homes under the? A. HO-1 (Basic Form) B. HO-2 (Broad Form) C. HO-3 (Special Form) D. HO-2 or HO-3 (Broad and Special) - answerD. HO-2 or HO-3 (Broad and Special) All of the following are eligible for coverage under Homeowners policy except? A. A condominium unit owner. B. A farm owner. C. A mobile home owner. D. A tenant in an apartment buildin...

NJ P&C Insurance Exam Questions with Verified Answers (Graded A) A flood damages a single-family dwelling that is in a community in the early stages of participation in the NFIP, but they are not yet considered participating. What is the maximum a resident may receive for damages to their personal property? - ANSWER$10,000 Under the Dwelling Broad Form, losses to an unattached garage are paid on which basis? - ANSWERReplacement Cost Which of the following is false regarding the Building ...

NJ Life Producer Exam Graded A+ Which of the following amounts must decrease in a decreasing term? - answerDeath benefit In life insurance, insurable interest must exist at the time the.. - answerProducer writes an on a proposed insured An applicant makes an offer to the insurer when they - answerpay an initial premium with the application Which of the following makes Universal Life insurance different from other forms of permanent insurance? - answerPremium Schedule An insurer that sha...

NJ Life Producer Exam Graded A+ Dwelling Policy - ANSWEROnly insures property DP-1 - ANSWERBasic Form DP-2 - ANSWERBroad Form DP-3 - ANSWERSpecial Form Dwelling Coverage A - ANSWERDwelling- Covers dwelling, structures attached to dwelling, and materials/supplies for the dwelling. Dwelling Coverage B - ANSWEROther Structures- Insures buildings on premise but separate from the dwelling. Dwelling Coverage C - ANSWERPersonal Property- Covers the insured's personal property and must be req...

NEW JERSEY (NJ) TESTs/EXAM(s)