SFnet
HR/Benefits
Total Rewards
Offices
University
100
This Front Page Feature is usually very colorful and has very interesting stories
What is The News Hub
100
The chance or uncertainty of loss.
What is Risk
100
States that the more examples used to develop a statistic, the more reliable the statistic will be.
What is the law of large numbers
100
A typical policy period on a homeowners policy.
What is 12 months (1 year)
100
What is another name for an excess personal liability policy?
What is personal umbrella
200
This is a very helpful tool when something specific, Company-wide is going to occur or needs to be completed by a certain date.
What is the Reminders (section)
200
Fire and collision ar both examples of this.
What is peril
200
You must have this before you can benefit from insurance.
What is insurable interest
200
Johnny moved out of his parent's house and moved into a house owned by his friend Martin's parents. What type of insurance should he purchase to cover his belongings?
What is renters insurance
200
What are the two types of flood insurance programs available?
What is emergency and regular
300
The title of this tab indicates that I can personalize SFnet.
What is MySFnet
300
This principle states that when a loss occurs, an individual should be restored to the approximate financial condition he or she was in prior to the loss, no more, no less.
What is indemnity
300
Susie Q forgets to lock her front door when she leaves for work. A thief enters and steals her stereo system and her collection of Barry Manilow's Greatest Hits cassette tapes. The peril listed in this example is...
What is theft.
300
To have a home be restored or replaced at replacement cost, the insured must have insurance equal or greater than this percentage of the value of the home.
What is 80%
300
Under The Fair Access to Insurance Requirements plans, an application (may or may not) be rejected because of environmental hazards that are beyond the insured's control
What is may not
400
You can find this in the "Features" section of the SFnet Homepage and it is helpful in giving me an estimate of my portion of EAGI.
What is 2013 Enterprise Auto Growth Incentive
400
Person who stands in a special relationship of trust to another person
What is fiduciary
400
Four methods of managing risk
What is avoid risk, control risk, retain risk, and transfer risk.
400
Earth movement, including earthquake and mine subsidence is an example of this on a homeowners policy.
What is exclusion
400
Theresa has a personal articles policy with a limit of $20,000. She purchases a State Farm pin valued at $5,000. If she does not notify the insurance company right away, how long will the pin be covered and at what value?
What is 30 days and at 25% of the value of the pin ($3,750)
500
Clicking this will allow me to see the recent market activity for investments
What is My Financial Markets
500
Hazard created by an individual's tendency to contribute to a loss through his own irresponsible actions or carelessness
What is morale hazard
500
The difference between speculative risk and pure risk.
What is Speculative risk are risks where there is a possibility of gain and possibility of loss. Pure risk only involves possibility of loss.
500
True or False: The insured would have liability coverage under the homeowners policy while operating an 8-foot boat with a 25 horsepower inboard motor rented by the insured.
What is True
500
The insured has the following liability limits: Auto: $500,000 Homeowners: $250,000 Personal Umbrella: $2million with $1,000 retention limit. The insured is liable for $750,000 in a liability loss that would be covered under his homeowners insurance. How much would the homeowners policy pay? How much would the umbrella pay? How much would the insured pay?
What is $250,000 (homeowners) $500,000 (umbrella) $0 (insured) Retention only applies for losses excluded on underlying policies.