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Other Types of Property & Casualty Insurance Quiz 5
15問 • 3ヶ月前
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    問題一覧

  • 1

    Under the transit clause in an open cargo policy, for how many days after a cargo vessel reaches its final destination port would insurance coverage continue?

    15 days

  • 2

    An insured covered under a Mobile Homeowners Policy wants to move the location of the covered mobile home. Which of the following must the insured obtain from the insurer?

    Transportation/Permission to Move Endorsement

  • 3

    An insurance agency could purchase an error and omission insurance policy which would provide protection in the event of any of the following events EXCEPT

    The agency loses commission income from policies that were not issued by the insurer

  • 4

    General-cargo ships are used to transport

    Break-bulk cargo

  • 5

    Which of the following would most likely be accepted for coverage under the FAIR Plan?

    An insured who cannot find an insurer to cover their property because of its location

  • 6

    An ocean marine insurer has paid a total loss. Which of the following is true concerning salvage?

    The insurer has all rights to salvage

  • 7

    Which professional liability form provides coverage for liability arising out of errors or mistakes made in rendering medical services?

    Physicians, surgeons and dentists malpractice

  • 8

    Which of following statements would be correct if an insured failed to maintain the underlying limits as required by a personal umbrella policy?

    The insured would be responsible for the amount required as underlying limits in the event of a claim

  • 9

    Which of the following is NOT a P&I exclusion?

    Excess coverage

  • 10

    All of these are excluded losses under ocean marine policies EXCEPT

    Jettison

  • 11

    Pete wants to have separate insurance coverage for separate acreages. What kind of insurance should Pete get?

    Unit insurance

  • 12

    Loss of yield from which of the following causes would NOT be covered under a Federal Crop Insurance policy?

    Poor market conditions

  • 13

    An ocean marine adventure is

    Any voyage

  • 14

    If the underwriters direct a vessel to proceed to a particular port for repair, who pays for the expenses, including wages and maintenance, of doing so?

    The insurer

  • 15

    Which of the following would determine minimum and maximum limits for FAIR plans rates?

    The State

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    問題一覧

  • 1

    Under the transit clause in an open cargo policy, for how many days after a cargo vessel reaches its final destination port would insurance coverage continue?

    15 days

  • 2

    An insured covered under a Mobile Homeowners Policy wants to move the location of the covered mobile home. Which of the following must the insured obtain from the insurer?

    Transportation/Permission to Move Endorsement

  • 3

    An insurance agency could purchase an error and omission insurance policy which would provide protection in the event of any of the following events EXCEPT

    The agency loses commission income from policies that were not issued by the insurer

  • 4

    General-cargo ships are used to transport

    Break-bulk cargo

  • 5

    Which of the following would most likely be accepted for coverage under the FAIR Plan?

    An insured who cannot find an insurer to cover their property because of its location

  • 6

    An ocean marine insurer has paid a total loss. Which of the following is true concerning salvage?

    The insurer has all rights to salvage

  • 7

    Which professional liability form provides coverage for liability arising out of errors or mistakes made in rendering medical services?

    Physicians, surgeons and dentists malpractice

  • 8

    Which of following statements would be correct if an insured failed to maintain the underlying limits as required by a personal umbrella policy?

    The insured would be responsible for the amount required as underlying limits in the event of a claim

  • 9

    Which of the following is NOT a P&I exclusion?

    Excess coverage

  • 10

    All of these are excluded losses under ocean marine policies EXCEPT

    Jettison

  • 11

    Pete wants to have separate insurance coverage for separate acreages. What kind of insurance should Pete get?

    Unit insurance

  • 12

    Loss of yield from which of the following causes would NOT be covered under a Federal Crop Insurance policy?

    Poor market conditions

  • 13

    An ocean marine adventure is

    Any voyage

  • 14

    If the underwriters direct a vessel to proceed to a particular port for repair, who pays for the expenses, including wages and maintenance, of doing so?

    The insurer

  • 15

    Which of the following would determine minimum and maximum limits for FAIR plans rates?

    The State