property and casualty

what's the difference between vacancy and unoccupancy

Pro Rata ?

• cost to replace damage

• determining the premium

• amount charged for a particular amount of coverage

• when there is more than one company covering the same building

loss valuation

• determine the premium charged & the amount of insurance required

• failure to use care that a reasonable person would have under the same circumstances

• risk selection process

how many days do you have to renew the property policy ?

what the difference between open and named policy ?

how many days notice must the insurer give prior to cancellation ?

difference between blanket and specific policy ?

insurable intrest?

• event in a accident that happened the insureds negligent act

• risk selection process

• amount charged for a particular mouth of coverage

• insured must connect by blood , business or money with the item or person

intervening cause ?

• determining the premium charged & the amount of insurance required

• event in a accident that happens the insureds negligent act

• when there is more than one company covering the same building

• risk selection process

BONUS QUESTION :

what is the definition of Terrorism Risk Insurance Act?