Commercial Package Policy Quiz 8 | 暗記メーカー

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Commercial Package Policy Quiz 8

15問 • 3ヶ月前

ユーザ名非公開

問題一覧

1

A building insured with commercial property insurance has been vacant for more than 60 consecutive days. Which of the following is NOT true?

Payment for unnamed perils is reduced by 25%

2

Which commercial crime form would provide coverage for a loss that did not necessarily happen during the policy period but was revealed during the policy period?

Discovery form

3

The livestock coverage form covers which of the following losses?

Named peril coverage for death of livestock

4

A commercial property special form covers property in transit up to

$5,000

5

Which of the following commercial crime coverages would cover a loss resulting from theft of the company's money and securities from the armored vehicle making a delivery?

Outside the premises

6

A business using its own trucks to move its own cargo would insure the cargo using

Motor truck cargo - owners form

7

All of the following are exclusions under farm property coverage EXCEPT

Loss of use

8

Farm policy Coverage B - Structures would pay how much for loss of an outside antenna, tower, or satellite dish?

Up to $1,000

9

If a guest's property is lost or damaged while on the insured's premises or in their control, Crime Coverage Form L - Liability for Guests' Property - Premises covers the insured's

Legal liability

10

Which of the following will be covered by the contractors equipment floater in an unfiled inland marine insurance?

Mobile equipment during transportation to and from the job site

11

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

Any loans required to offset uncollectible amounts

12

Coverage under the builders risk form will end in all of the following situations EXCEPT

60 days after the construction has ended

13

A policyholder has an equipment breakdown policy with a $200,000 limit. If a boiler explosion causes $100,000 damage to the boiler itself, $50,000 damage to the insured's building, and $30,000 of expediting expenses, how much will the insured collect under the policy?

$175,000

14

The insured with a claims-made commercial general liability (CGL) policy may request in writing claim and occurrence information from the insurer at any time up to 60 days after the policy period ends. The insurer must provide the information

Within 45 days

15

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

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

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問題一覧

1

A building insured with commercial property insurance has been vacant for more than 60 consecutive days. Which of the following is NOT true?

Payment for unnamed perils is reduced by 25%

2

Which commercial crime form would provide coverage for a loss that did not necessarily happen during the policy period but was revealed during the policy period?

Discovery form

3

The livestock coverage form covers which of the following losses?

Named peril coverage for death of livestock

4

A commercial property special form covers property in transit up to

$5,000

5

Which of the following commercial crime coverages would cover a loss resulting from theft of the company's money and securities from the armored vehicle making a delivery?

Outside the premises

6

A business using its own trucks to move its own cargo would insure the cargo using

Motor truck cargo - owners form

7

All of the following are exclusions under farm property coverage EXCEPT

Loss of use

8

Farm policy Coverage B - Structures would pay how much for loss of an outside antenna, tower, or satellite dish?

Up to $1,000

9

If a guest's property is lost or damaged while on the insured's premises or in their control, Crime Coverage Form L - Liability for Guests' Property - Premises covers the insured's

Legal liability

10

Which of the following will be covered by the contractors equipment floater in an unfiled inland marine insurance?

Mobile equipment during transportation to and from the job site

11

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

Any loans required to offset uncollectible amounts

12

Coverage under the builders risk form will end in all of the following situations EXCEPT

60 days after the construction has ended

13

A policyholder has an equipment breakdown policy with a $200,000 limit. If a boiler explosion causes $100,000 damage to the boiler itself, $50,000 damage to the insured's building, and $30,000 of expediting expenses, how much will the insured collect under the policy?

$175,000

14

The insured with a claims-made commercial general liability (CGL) policy may request in writing claim and occurrence information from the insurer at any time up to 60 days after the policy period ends. The insurer must provide the information

Within 45 days

15

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

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