An insured would be prudent to rely upon health insurance to cover injuries sustained in an auto accident because medical payments coverage under a
... [Show More] personal auto policy. (PAP CORRECT ANSWERS: has relatively low limits
If a group of insureds are rated by class, they will CORRECT ANSWERS: be charged the same premium rate
Nelson is the president of his company and has a company car. He does not have a personal auto policy because he does not own another vehicle. Which endorsement to his company's business auto policy (BAP) will protect him when he uses another vehicle CORRECT ANSWERS: Drive other car (DOC) - Broadened Coverage For Named Individuals Endorsement
When the insurance policy provides crime coverage on a loss sustained basis, coverage is triggered by the loss that occurs CORRECT ANSWERS: During the policy period and is discovered within one year after the policy period ends
The difference between the Pollution Liability Coverage (CG 00 39) and the Pollution Liability coverage Form (CG 00 40) is that the Limited Coverage Form CORRECT ANSWERS: does not clean up cover cleanup costs
Felix owns a 80 year old apartment building with narrow stairways .if his building is seriously damaged, Felix will not be permitted to rebuild it unless he makes the stairways wide enough to meet the current building code. His property insurance will NOT cover the extra cost of such an alteration if the policy contains a typical CORRECT ANSWERS: ordinance or law exclusion
Which are typically NOT among the provisions of a typical property and casualty insurance policy CORRECT ANSWERS: Waivers
Liability insurance basically involves CORRECT ANSWERS: Tort law
Gina was the only employee in OK Convience Store at 3 a.m. when a gunman entered the store and made her give him all the money in the cash register . which of the following correctly describes the cause of loss? CORRECT ANSWERS: Robbery
How long is an insurance producer's license valid CORRECT ANSWERS: three years
Which of the following is NOT a category of workers compensation benefits payable to an injured workers or his or her dependents? CORRECT ANSWERS: Unemployment
Fran's personal auto policy (PAP) lists her three autos. Each uninsured motorists coverage with a $50,000 limit. Fran is permanently disabled by injuries she receives while riding in a friends car that is struck by a hit and run drivers, How much can Fra [Show Less]