PRINCIPLES OF INSURANCE

INSURANCE FRAUD

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WHAT IS INSURANCE FRAUD? Insurance fraud occurs when someone tries to make mone…

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WHAT IS AUTOMOBILE INSURANCE? PURPOSE OF AUTOMOBILE INSURANCE PERSONAL AUTO COVERAGE…

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WHAT IS FIRE INSURANCE? • COVERED PERILS • PROVISIONS OF A STANDARD FIRE POLICY (SFP…

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WHAT IS PERSONAL PROPERTY INSURANCE/ INLAND MARINE INSURANCE? T CHARACTERISTICS OF I…

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EXCLUSIONS CON’T T LIMITATIONS T TERMINATION OF POLICY Certain classes of prope…

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WHAT IS HOMEOWNER’S INSURANCE? • TYPES OF HOMEOWNER’S POLICIES WHAT IS HOMEOWNER’S I…

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IMPORTANT POLICY DEFINITIONS o DEFINITION OF DISABILITY o EXTENT OF DISABILITY o “RE…