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Commercial Package Policy Quiz 6
15問 • 3ヶ月前
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    問題一覧

  • 1

    For insurance purposes, when an insured loses property to another because the person used violence or threat of violence to gain the property, this is defined as

    Robbery

  • 2

    Which of the following statements is true regarding the commercial general liability policy's Coverage C - Medical Payments?

    The coverage is considered good will because payments are made without regard to fault.

  • 3

    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

  • 4

    Which coverage form would provide coverage for all incoming and outgoing shipments?

    Annual transit

  • 5

    In which of the following situations would a common carrier be legally liable for damage to property being transported?

    Property is stolen as a result of a driver leaving a vehicle unlocked

  • 6

    A plasterer has finished a job. What kind of liability coverage would protect him if the plaster falls and hurts someone because he did not do the job correctly?

    Completed operations

  • 7

    All of the following conditions must exist for injury or damage to be included in the products and completed operations hazard of a commercial general liability policy EXCEPT

    The injury or damage must occur within 90 days after the insured's work is completed

  • 8

    Which item would NOT be covered under building 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

  • 9

    In which of the following situations would the jewelers block extension cover a loss?

    A jeweler fixes a necklace and sends it by registered mail to the owner. When the necklace arrives, it has been damaged

  • 10

    What are the two forms of crime insurance?

    Discovery and loss sustained

  • 11

    Robbery is

    Taking of property by use of force, violence, or fear

  • 12

    What are the two major sections of commercial crime policies?

    Commercial entities and government entities

  • 13

    The employee theft crime policy form includes a coverage extension that applies to employees temporarily outside the coverage territory for up to

    90 days

  • 14

    In equipment breakdown coverage, all accidents would be considered a single accident if they occur

    At a single location at the same time and from the same cause

  • 15

    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

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    問題一覧

  • 1

    For insurance purposes, when an insured loses property to another because the person used violence or threat of violence to gain the property, this is defined as

    Robbery

  • 2

    Which of the following statements is true regarding the commercial general liability policy's Coverage C - Medical Payments?

    The coverage is considered good will because payments are made without regard to fault.

  • 3

    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

  • 4

    Which coverage form would provide coverage for all incoming and outgoing shipments?

    Annual transit

  • 5

    In which of the following situations would a common carrier be legally liable for damage to property being transported?

    Property is stolen as a result of a driver leaving a vehicle unlocked

  • 6

    A plasterer has finished a job. What kind of liability coverage would protect him if the plaster falls and hurts someone because he did not do the job correctly?

    Completed operations

  • 7

    All of the following conditions must exist for injury or damage to be included in the products and completed operations hazard of a commercial general liability policy EXCEPT

    The injury or damage must occur within 90 days after the insured's work is completed

  • 8

    Which item would NOT be covered under building 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

  • 9

    In which of the following situations would the jewelers block extension cover a loss?

    A jeweler fixes a necklace and sends it by registered mail to the owner. When the necklace arrives, it has been damaged

  • 10

    What are the two forms of crime insurance?

    Discovery and loss sustained

  • 11

    Robbery is

    Taking of property by use of force, violence, or fear

  • 12

    What are the two major sections of commercial crime policies?

    Commercial entities and government entities

  • 13

    The employee theft crime policy form includes a coverage extension that applies to employees temporarily outside the coverage territory for up to

    90 days

  • 14

    In equipment breakdown coverage, all accidents would be considered a single accident if they occur

    At a single location at the same time and from the same cause

  • 15

    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