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Commercial Package Policy Quiz 91
15問 • 3ヶ月前
  • ユーザ名非公開
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    問題一覧

  • 1

    An insured's accounts receivable records have been damaged. The loss may be covered with

    The accounts receivable coverage form

  • 2

    Which of the following statements is NOT true regarding mobile agricultural machinery and equipment coverage?

    This coverage must be written as part of farm coverage

  • 3

    Supplementary payments ona CGL provide all of the following EXCEPT

    Up to $500 a day for lost earnings and $2,000 for the cost of bail bonds

  • 4

    A loss has occured before the first report has been filed on a value reporting coverage form. Which is NOT true?

    Never more than 75% of the loss is paid

  • 5

    In the event of a claim under a commercial general liability policy, the insured has all of the following duties to the insurer EXCEPT

    Submitting to a medical exam when requested

  • 6

    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

  • 7

    Which of the following is an additional coverage that is covered by the broad causes of loss form

    Collapse

  • 8

    What is the maximum amount an insurer will pay under the equipment dealers pollution cleanup and removal extension of an inland marine policy?

    $10,000 for all expenses incurred during a 12-month period

  • 9

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

    The insurer

  • 10

    The legal liability coverage form provides coverage for damages for which the insured is legally liable arising from

    Direct physical damage to property of others in the insured's care

  • 11

    Which policy consists of the declarations and conditions, endorsements, and other attachments applicable to a single line of insurance?

    Monoline

  • 12

    In a commercial package policy, who may cancel the policy in writing and make changes to the policy with the consent of the insurer?

    First named insured

  • 13

    Which iten would NOT be covered under buliding coverage in a building and personal property policy?

    The bulldozer being used as part of a business addition under construction that is parked 500 feet from the building

  • 14

    Which of the following would the livestock coverage form NOT insure against?

    The euthanasia of livestock after being hit by a vehicle

  • 15

    B&B Market was sued when an employee detained a person he believed to be a shoplifter, but the person turned out to be the meter reader. Which coverage would apply to this suit?

    Personal and advertising injury liability

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    問題一覧

  • 1

    An insured's accounts receivable records have been damaged. The loss may be covered with

    The accounts receivable coverage form

  • 2

    Which of the following statements is NOT true regarding mobile agricultural machinery and equipment coverage?

    This coverage must be written as part of farm coverage

  • 3

    Supplementary payments ona CGL provide all of the following EXCEPT

    Up to $500 a day for lost earnings and $2,000 for the cost of bail bonds

  • 4

    A loss has occured before the first report has been filed on a value reporting coverage form. Which is NOT true?

    Never more than 75% of the loss is paid

  • 5

    In the event of a claim under a commercial general liability policy, the insured has all of the following duties to the insurer EXCEPT

    Submitting to a medical exam when requested

  • 6

    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

  • 7

    Which of the following is an additional coverage that is covered by the broad causes of loss form

    Collapse

  • 8

    What is the maximum amount an insurer will pay under the equipment dealers pollution cleanup and removal extension of an inland marine policy?

    $10,000 for all expenses incurred during a 12-month period

  • 9

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

    The insurer

  • 10

    The legal liability coverage form provides coverage for damages for which the insured is legally liable arising from

    Direct physical damage to property of others in the insured's care

  • 11

    Which policy consists of the declarations and conditions, endorsements, and other attachments applicable to a single line of insurance?

    Monoline

  • 12

    In a commercial package policy, who may cancel the policy in writing and make changes to the policy with the consent of the insurer?

    First named insured

  • 13

    Which iten would NOT be covered under buliding coverage in a building and personal property policy?

    The bulldozer being used as part of a business addition under construction that is parked 500 feet from the building

  • 14

    Which of the following would the livestock coverage form NOT insure against?

    The euthanasia of livestock after being hit by a vehicle

  • 15

    B&B Market was sued when an employee detained a person he believed to be a shoplifter, but the person turned out to be the meter reader. Which coverage would apply to this suit?

    Personal and advertising injury liability