What is Personal Insurance? (Chapter 7 How Insurance Works) – The liability insuring agreement of an auto policy promises to pay amounts for the insured is legally responsible for what of losses. 2. In a personal auto policy, what does mean? “collision” 3. What is the name of a coverage found in the personal auto policy that would pay to reimburse occupants of the car for medical bills? 4. What in the world does motorist” coverage do? “uninsured 5. Would a policy’ cover damage to any other buildings, besides the house? For ‘homeowners example, what if a fire burned down both the house and the storage shed in the back? 6. Does the policy’ provide any protection if personal property is not in the house ‘homeowners or on the grounds of the 7. Is flood damage covered by the policy’? What about on the auto policy? ‘homeowners 8. Name at least three types of losses that are excluded on typical policy’? ‘homeowners
What is Personal Insurance? (Chapter 7 – How Insurance Works) The liability insuring agreement of an auto policy promises to pay amounts for the insured is legally responsible for what of losses. 2. In a personal auto policy, what does “collision” mean? 3. What is the name of a coverage found in the personal auto policy that would pay to reimburse occupants of the car for medical bills? 4. What in the world does “uninsured motorist” coverage do? 5. Would a ‘homeowners policy’ cover damage to any other buildings, besides the house? For example, what if a fire burned down both the house and the storage shed in the back? 6. Does the ‘homeowners policy’ provide any protection if personal property is not in the house or on the grounds of the 7. Is flood damage covered by the ‘homeowners policy’? What about on the auto policy? 8. Name at least three types of losses that are excluded on typical ‘homeowners policy’?
IIANM%20Employee%20Orientation%20Manual.docx