The covered causes of loss — special form for farms covers all of the following risks EXCEPT

Each of the following statements about farm coverage is correct EXCEPT

All of the following are excluded losses in the covered cause of loss special form EXCEPT

All of the following are included in the basic farm property cause of loss form EXCEPT

Allison owns a dry cleaning business and has older equipment. She added an endorsement to her policy that states in the event of loss, the claim payment will be reduced by depreciation. What endorsement did she add to her coverage?

Jamison and Jennifer own a restaurant and want to protect themselves from extra costs that they may incur to make temporary repairs or to expedite permanent repairs of any damaged restaurant equipment. Which of the following coverages should they select?

Property that the insured owns or is in the insured's care, custody, or control is known as

Under the equipment breakdown coverage form, which of the following causes of damage to covered equipment would NOT be covered?

Where can the insured find the coverage provided in the equipment breakdown coverage form?

An insurer chooses to immediately stop coverage against loss by breakdown for specific equipment that is found to be in, or exposed to, dangerous conditions. Which provision allows the insurer to do this?

Which of the following limits of liability in a commercial general liability policy is the most that will be paid for Coverage C because of bodily injury sustained to one person?

Coverage that is triggered when a claim is first made against the insured, regardless of when the injury took place, is known as

Which of the following offenses is covered under Coverage B of the commercial liability policy?

Which of the following losses would be covered under the products-completed operations coverage of the commercial general liability coverage form?

A retroactive date may provide coverage even if an occurrence took place prior to the effective date of the policy. An incident that leads to a claim must have occurred

Tom and Cindy rent a space from a landlord to run a restaurant business. They negligently left candles burning at the restaurant one evening and caused a fire in the building. Under which general liability exposure would the loss most likely be covered?

If the named insured is listed on the declarations pages as William Smith, an individual, which of the following individuals would be included as insureds in the commercial general liability policy?

Which of the following losses would be covered under the premises and operations coverage of the commercial general liability coverage form?

Which of the following represents the two options for the basic extended reporting period that are available and included free of charge under specified conditions?

The phrase, "put to its intended use," describes

Ken's Auto Shop had an occurrence form policy that expired on March 15. He obtained a new policy with a different insurance carrier on March 16. A customer was injured while in his shop on March 1 and waited to file a claim until March 30 because his injury got progressively worse. Which insurance policy would cover this claim?

According to the other insurance condition, which of the following are the methods used to decide how the claim will be divided?

Which of the following is NOT excluded under Coverage A of the commercial general liability policy?

Which of the following would NOT be covered by commercial liability insurance?

Which of the following would NOT be excluded under Coverage C in a commercial general liability policy?

Which of the following is not included in the definition of mobile equipment?

Which of the following is NOT covered under inside the premises - robbery or safe burglary of other property?

Fiduciary bonds and court bonds are both a type of

Which of the following crime forms covers losses that occur during a policy period and are discovered either during the policy period or up to one year after?

L&M Construction Company signs a contract with a developer to build an office building. The developer wants L&M to guarantee that the work will be completed in accordance with contract specifications. What type of surety bond does L&M need to comply with this request?

Losses resulting from fraudulent instructions to a financial institution to pay money from an insured's account are covered by which of the following crime insurance coverage forms?

James broke windows and entered a TV and appliance store with a gun and stole two televisions. This is an example of

Which of the following crimes is described as taking of property by stealth?

Which of the following fidelity bonds would cover a loss arising from the dishonesty of one or more employees acting separately or together without listing their specific name or position?

A contractor has committed to finish a hotel remodel in time for a January 1 opening. The hotel wants the contractor to guarantee timely completion of the project with a performance bond purchased from a bonding company. Which party is acting as the surety in this situation?

Unlike surety bonds, fidelity bonds are purchased by

Kurt works for a jewelry store and his sole responsibility is to have care and custody of all of the property inside the store. Which of the following terms describes Kurt's role?

An individual who has care and custody of property inside the premise is known as

All of the following statements are correct about the discovery form EXCEPT

Which of the following ways does ABC Homestore cover its employees for theft if only certain jobs within the business are covered and the actual names of employees that fill those positions are not listed?

Judy arrived home from work one afternoon to find her jewelry box open and five pieces of gold jewelry missing. She knows that she did not wear the jewelry and it was there in the morning before she left. This is an example of

The garage coverage form includes all of the following coverages EXCEPT

The most restrictive symbol is ____, because it applies only to specifically described autos listed in the declarations.

Ann is driving her company-owned truck in another state and she causes an accident. The other state requires a minimum of $40,000 liability coverage and her policy limit is $30,000. Ann is sued for $60,000 in damages arising out of the accident. How much will her liability policy pay?

Garagekeepers insurance covers damage to property a customer leaves with the insured for all of the following purposes EXCEPT

An insured owns and uses trucks, trailers, buses, and motorcycles in the course of doing business. Which symbol covers this exposure?

Which of the following is NOT an element that must be included in a commercial auto policy?

Which of the following is NOT covered under liability coverage in the business auto coverage form?

When an insurer is settling a physical damage claim for a total loss, the insurer will consider which of the following when determining actual cash value?

Which symbol is used for leased or rented autos?

Which of the following expenses would not be covered entirely by supplementary payments?

Which of the following coverage forms is used to insure the private passenger and commercial exposures of all businesses other than garages, truckers, and motor carrier?

Customers' autos left with the insured for service, repair, storage, or safekeeping is covered by

A & A Glass company needs coverage for autos used in its business that are not leased, hired, rented, or borrowed. It also wants coverage on autos that are owned by its employees and used for business purposes. Which of the following symbols should be listed on A & A Glass company's declaration page?

Joe, a truck driver, carries 20,000 pounds of nonhazardous property on his route to and from manufacturing companies. Which of the following is the required limit of liability that Joe must carry?

Liquor liability insurance would cover which of the following scenarios?

Employment practices liability insurance (EPLI) provides coverage for all of the following EXCEPT

Which of the following would NOT be covered under the business income and extra expense insuring agreement found in internet liability and network protection coverage?

Which of the following insuring agreements in internet liability and network protection coverage covers the insureds liability if a person gains unauthorized access to the insured's computer system resulting in publication of clients' personal data?

Which of the following professional liability policies is an insurance agent most likely to have?

All of the following statements about a commercial umbrella policy are true EXCEPT

All of the following statements about difference in conditions (DIC) insurance are true EXCEPT

Which of the following covers property damage and bodily injury to passengers on a privately-owned airplane?

Amusement parks and car racing venues would most likely purchase which of the following types of insurance coverage?

All of the following statements about professional liability are true EXCEPT

The standard deductible for the businessowners policy applies to

All of the following statements regarding Coverage A -building coverage are true EXCEPT

Debris removal is an additional coverage that Adam selected to have added to his businessowners policy. Adam had a fire that resulted in $100,000 property damage loss, and an additional $10,000 cost for debris removal. How much will the debris removal additional coverage pay Adam?

Property coverage in the businessowners policy is covered on

Susan has an additional coverage that helps her cover the costs of moving to a new location and renting equipment and space while her building is repaired from a fire. Which of the following additional coverages does Susan most likely have?

The businessowners policy is designed for

Which of the following is an optional coverage in the businessowners policy that may require that the insured to pay an additional premium?

In the policy declarations, ABC Company has Partnership as the designation listing the named insured. Which of the following individuals or groups would NOT be insured in this particular businessowners policy?

All of the following statements about the hired auto and nonowned auto liability endorsement are true EXCEPT

Which of the following is NOT excluded from bodily injury and property damage liability losses?

One of the common underwriting requirements for a businessowners policy is that a small business must have less than

Which of the following endorsements covers loss or damage to property caused by an interruption in water, communication, or power supply service?

Which of the following statements is NOT correct in regards to Medical Expense coverage in a businessowners policy?

Which of the following losses would be covered under the businessowners policy?

Patti opened up a new location for her business. Under the newly acquired or constructed property coverage extension, how much personal property would be covered at her new location?

All of the following are additional coverages available in a businessowners policy EXCEPT

Which of the following classes of business personal property would NOT be covered in a businessowners policy?

Which of the following covers an insured's legal liability from loss that arises from bodily injury, property damage, and personal advertising injury?

A business that delivers materials or services to an insured, accepts the insured's products or services, manufactures products for delivery to the insured's customers, or attracts customers to the insured's business is known as

Doug fell from a 12 foot ladder while stocking inventory at work one day and was unable to work for 3 weeks while he recovered from his back injury. Which of the following workers' compensation benefit categories would compensate Doug for the loss of income while he was recovering?

Which of the following is a federal workers® compensation act that provides compensation for lost wages, medical benefits, and to rehabilitation maritime workers who are injured during their employment?

All of the following are factors used to determine if an individual's injury arose during the course of their employment EXCEPT

Which of the following funding methods gives employers a choice between purchasing workers' compensation insurance from a state fund or a private insurance company?

Workers' compensation coverage is rated on the basis of the employer's

Which of these statements regarding workers' compensation benefits is NOT correct?

Which section of the workers' compensation policy contains the insurer's promise to pay benefits to an injured or ill employee on behalf of the insured?

The actual loss history of a business is taken into consideration when calculating a business's workers' compensation premium. This is called

Which of the following sections provides coverage to the insured for sums the insured becomes legally obligated to pay under common law because of a work-related injury or occupational disease?

If Joe's Barber Shop is located in an elective state, which of the following statements is incorrect in regards to workers' compensation?

An example of unfair discrimination is BEST demonstrated by which of the following situations?

Which of the following would describe a producer engaging in the unlawful act of rebating?

The producer's 16-year-old son works in her insurance sales office. The producer would like to pay the son for insurance sales. Which of the following statements is accurate?

The head of the department of insurance can suspend a producer's license for all of the following reasons EXCEPT

Acts requiring a person to be licensed as a producer include all of the following EXCEPT

By examining an insurer's records, the head of the department of insurance assesses the insurer's