📚 Vocabulary for the Property & Casualty Exam – Know These Terms to Pass! скачать в хорошем качестве

📚 Vocabulary for the Property & Casualty Exam – Know These Terms to Pass!

👇 Try Birdsy FREE – Built for Insurance Exam Success 🌐 https://birdsy.ai/insurance Boost your score on the Property & Casualty licensing exam by mastering the vocabulary and key terms you’re most likely to see on test day. This session covers 40+ must-know insurance terms, organized by topic, with clear explanations and examples to help you handle tricky exam questions with confidence. ⏱ Timestamps for Easy Navigation: 0:29 – Core Insurance Concepts 0:32 – Risk, Hazard, Peril, Loss 3:49 – Indemnity, Insurable Interest, Proximate Cause 6:46 – Adverse Selection, Underwriting, Actuary 9:12 – Policy Structure and Provisions 9:15 – Declarations, Insuring Agreement, Conditions, Exclusions 12:04 – Endorsement, Binder, Deductible 14:55 – Policy Limits, Aggregate Limit, Coinsurance 18:29 – Types of Policies and Coverage 18:32 – Named Perils vs Open Perils 20:41 – Homeowners and Dwelling Policies 23:32 – Flood, Umbrella, BOP, E&O, Builders Risk 26:27 – Inland Marine and Floaters 28:16 – Claims, Adjusting & Legal Terms 28:19 – Adjuster, Claim, Subrogation 31:44 – Negligence, Liability, Occurrence 34:31 – Hostile Fire, Burglary, Salvage 36:57 – Waiver and Estoppel 38:09 – Rating & Distribution Roles 38:12 – Premium, Broker, Agent 41:22 – Admitted vs Non-Admitted Carrier, Assignment 44:32 – Loss Ratio, Expense Ratio, Combined Ratio 47:03 – Short-Rate and Pro Rata Cancellation 📚 Topics Covered: ✅ Core insurance concepts & definitions ✅ Policy structure and common provisions ✅ Types of coverage and specialty policies ✅ Claims process and legal terms ✅ Liability, negligence, and loss types ✅ Rating, underwriting, and distribution roles ✅ Key insurance ratios and calculations 🔔 Subscribe for more insurance exam prep content and boost your chances of passing on the first try! [Your Channel Link] 🔗 Helpful Resources: Birdsy Insurance Exam Prep – https://birdsy.ai/insurance National Association of Insurance Commissioners (NAIC) – https://content.naic.org U.S. Federal Emergency Management Agency (FEMA) – Flood Insurance – https://www.fema.gov/flood-insurance ⚠️ Disclaimer: This video is for educational use only. Licensing requirements and exam content may vary by state. Verify all details with your licensing agency or official exam provider. Birdsy cannot guarantee outcomes and assumes no liability for exam performance.