WASHINGTON STATE PROPERTY & CASUALTY INSURANCE EXAM 100% CORRECT ANSWERS

WASHINGTON STATE PROPERTY & CASUALTY INSURANCE EXAM 100% CORRECT ANSWERS
Question :Authorized Insurer
Correct answer:An insurer that has qualified and received
a Certificate of Authority from the Department of
Insurance to transact insurance in the state.
Question :Contact adhesion
Correct answer:the accepter of the contract must "adhere"
to the written contract
Question :inducement
Correct answer:An action aimed at persuading
Question :insolvent
Correct answer:Bankrupt; unable to pay debts.
Question :Transacting Insurance

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