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Fill in the blanks game

Madison

Created on November 20, 2024

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Transcript

FILL IN THE BLANKS GAME

_____________ insurance covers objects like your car, home and personal belongings.

Property

Property

Casuality

Liability

Personal Auto and _____________ insurance are NCFBs largest LOB.

Homeowners

Farmowners

Homeowners

Dwelling Property

FILL IN THE BLANKS GAME

Non-renew

When Membership dues go unpaid, policies associated with that Member ID number may _____________ or expire.

Renew

Continue

non-renew

Refund

_______________ is when an insured is restored to the same financial position that would have existed if no loss had occurred.

Indemnification

Indemnificaton

Remuneration

Bundle

Having both property and liability insurance is considered a ____________ policy.

Monoline

package

Package

Health

If a Membership remains delinquent, NCFB will cede the liability coverage to the _________________ facility.

Reinsurance

Bank

reinsurance