Commercial Package Policy Quiz 5 | 暗記メーカー

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Commercial Package Policy Quiz 5

14問 • 3ヶ月前

ユーザ名非公開

問題一覧

1

Which of the following is NOT covered under accounts receivable coverage form?

Any loans required to offset uncollectible amounts

2

Which inland marine form would provide the best protection for a dry cleaning company against loss or damage to their customer's property while in the care, custody, and control of the dry cleaners?

Bailee's customer policy

3

How is property insured under the equipment breakdown coverage form?

On a replacement cost basis

4

Which would NOT be covered by the inside the premises - robbery or safe burglary of other property coverage?

An employee is caught stealing cash from the register

5

Equipment breakdown coverage is written with a single limit of insurance per accident. What is the sublimit for hazardous substance cleanup or repair or replacement of contaminated property?

$25,000

6

Which of the following statements would be an example of a product liability claim?

Faulty packaging of a cereal caused spoiled that resulted in someone getting sick

7

A liability policy that provides coverage for a claim or injury or damage if the claim is first reported or filed against the insured during the policy period is called

Claims-made form

8

Which of the following would be covered under the Inside the Premises - Theft of Money and Securities crime coverage

Loss or damage to a locked safe, vault, or cash register

9

Personal business property out in the open is covered under commercial property policy only while

Within 100 feet of the described premises

10

According to the Nationwide Marine definitions, risks that may be the subject of inland marine insurance include all of the following EXCEPT

Large pleasure boats

11

In a farm policy, any cost incurred by the insurer for the investigation or defense of a claim will be paid by

The insurer

12

In a farm policy, which of the following coverages would reimburse the insured for loss of rental income following damage to the insured dwelling by an insured peril?

Coverage D

13

Which of the following is true regarding the fire department service charge under the builders risk form?

It is an additional coverage

14

Professional photographers and musicians may insure their equipment with

A commercial articles floater

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問題一覧

1

Which of the following is NOT covered under accounts receivable coverage form?

Any loans required to offset uncollectible amounts

2

Which inland marine form would provide the best protection for a dry cleaning company against loss or damage to their customer's property while in the care, custody, and control of the dry cleaners?

Bailee's customer policy

3

How is property insured under the equipment breakdown coverage form?

On a replacement cost basis

4

Which would NOT be covered by the inside the premises - robbery or safe burglary of other property coverage?

An employee is caught stealing cash from the register

5

Equipment breakdown coverage is written with a single limit of insurance per accident. What is the sublimit for hazardous substance cleanup or repair or replacement of contaminated property?

$25,000

6

Which of the following statements would be an example of a product liability claim?

Faulty packaging of a cereal caused spoiled that resulted in someone getting sick

7

A liability policy that provides coverage for a claim or injury or damage if the claim is first reported or filed against the insured during the policy period is called

Claims-made form

8

Which of the following would be covered under the Inside the Premises - Theft of Money and Securities crime coverage

Loss or damage to a locked safe, vault, or cash register

9

Personal business property out in the open is covered under commercial property policy only while

Within 100 feet of the described premises

10

According to the Nationwide Marine definitions, risks that may be the subject of inland marine insurance include all of the following EXCEPT

Large pleasure boats

11

In a farm policy, any cost incurred by the insurer for the investigation or defense of a claim will be paid by

The insurer

12

In a farm policy, which of the following coverages would reimburse the insured for loss of rental income following damage to the insured dwelling by an insured peril?

Coverage D

13

Which of the following is true regarding the fire department service charge under the builders risk form?

It is an additional coverage

14

Professional photographers and musicians may insure their equipment with

A commercial articles floater