Exam topics

Showing 111–120 of 280 articles · Page 12 of 28

• The waiting period for business income and extra expense coverageA business-income waiting period is a policy-defined amount of time that must pass after a qualifying interruption before that coverage begins paying.…
• Texas Insurance Agent Controlled Business LimitsTexas Insurance Code §4001.104 is intended to prevent an agent license from being used principally to place insurance on business the applicant contro…
• Defamation, Coercion, and Boycott in Texas InsuranceTexas Insurance Code Chapter 541 treats insurer defamation and boycott, coercion, or intimidation as distinct unfair trade practices. Defamation under…
• Texas workers’ compensation death benefitsTexas workers’ compensation death benefits can replace part of the income lost when a compensable work-related injury or illness causes an employee’s …
• Specified causes of loss vs. comprehensive auto coverageComprehensive auto coverage, also called other-than-collision coverage, generally covers direct physical loss to a covered auto from causes other than…
• TAIPA vs. standard Texas auto insuranceTAIPA is Texas’s residual-market auto plan for eligible drivers who cannot obtain required coverage in the voluntary market. A standard policy is purc…
• Discovery form vs. loss-sustained crime coverageA loss-sustained crime form generally focuses on when a covered loss occurred during the policy period; a discovery form generally focuses on when the…
• Stated value vs. agreed value vs. salvage valueStated value is an amount reported or scheduled for underwriting or as a valuation reference; it does not always promise that amount at claim time. Ag…
• Outdoor Property Extensions in Commercial InsuranceA commercial property outdoor-property extension can provide limited coverage for listed items such as fences, signs, antennas, trees, shrubs, or plan…
• Umbrella vs. excess liability insuranceExcess liability insurance adds limits above an underlying policy, often following that policy’s coverage terms. An umbrella policy also provides high…