Insurance test
What is the primary objective of Worker's Compensation
To provide a payment of benefits to employees for injuries that arise out of their employment
Actual cash value is the best defined as which of the following
Today's current price minus depreciation
The outdoor property coverage extension will pay for which of the following
Up to 5000 for fences
Which of the following coverage forms covers the cost of replacing or reproducing documents that are important for the continuation of business such as books files in Maps
Valued papers and records coverage form
Which of the following vehicles is not considered an uninsured vehicle
Vehicle owned by the government
Which of the following is not an example of pure or risk
WallStreet's decline in the stock market
Any person employed by the insured specifically for the purpose of having the care and custody of property inside the premises is defined as
Watch person
Any person employed by the insured specifically for the purpose of having the care in custody of property inside of the premises is defined as a
Watch person
With respect to failure to remit premiums which of the following statement is false
When a producer's check is returned and remains outstanding 30 days following receipt of such return the insurer must report to the Commissioner
With respect to failure to remit premiums which of the following statements is false
With respect to failure to remit premiums which of the following statements is falseWhen the producers checked his returns and remains outstanding 30 days following receipt of such return the insurer must report to the Commissioner
Which of the following is not a power of the insurance commissioner
Writing insurance laws
The personal auto policy collision coverage applies to which of the following
Your car regardless of liability
Policyholder J's PA PA includes other than collision coverage but no collision coverage with a $200 Deductible After her parked Car rolls downhill and hits a tree incurring $500 in damage to the car $150 of which is from glass breakage how much wood with her insurance company pay
Zero
I guess fall falls in Kay's house and his injured in an amount of $1000. How much will his homeowners policy pay regardless of fault if the coverage of its limit is $1500
$1000
Under a mobile home policy if the mobile home is insured under cover trade for $70,000 how much coverage would ordinarily apply to a personal property under coverage C
$28,000
Company A's per person limit of liability is $100,000 and Company B is 200,000 for the same insured how much will company we have to pay for a covered $6000 loss caused by the insured
$4000
A temporary license issued to a representative of a licensed producer who dies or becomes disabled is valid for up to how many days
180
An Entity who owns a fleet of trucks in hauls its own good should purchase
A motor truck cargo owners form
Which of the following is correct about aircraft liability insurance
A passenger may be covered by a sublimity
Which of the following is true regarding workers comp is compensation assigned risk plan
Any employer who is unable to purchase coverage in the voluntary market can obtain coverage under the assigned risk Plan
Which DP form does not cover burglar damage
Basic form DP1
Personal injury includes all of the following except
Bodily injury
If a bank will not grant a loan unless the bar by his insurance for my specific company the bank in the insurer guilty of which of the following unfair trade practices
Boycott coerion and intimidation
Which of the following is covered as business personal property under the BOP
Built-in bookcases installed by a tenant
The taking of property from inside the premises of a personal committing forcible entry defines a
Burglary
Which of the following statements is correct regarding cease and desist orders
If after hearing the commissioner determines that the individual is in violation of an insurance Law a copy of the findings and a cease-and-desist order will be issued
Which of the following statements is not true with respect to surplus lines
In a line of coverage is not on the list maintained by the commissioner it cannot be written
Which of the following is true concerning monopolistic states regarding Worker's Compensation insurance
In monopolistic states Worker's Compensation is only in available through state fund
The mobile agricultural machinery and equipment coverage form includes coverage for all of the following except
Irrigation equipment
All of the following are true of automobile physical damage coverage D except
It covers damage to the insured Otto to another auto with which it collided
Which of the following statements is correct regarding the commercial articles coverage floater
It covers property used for business purposes
A person may procure insurance with any insurance company that does not hold a certificate of it of authority if such insurance
It is with regard to the persons on property or person
Choose the false statement about a newly acquired additional vehicle under the PA P
It may be used to transport goods for higher and receipt are less than $10,000
Which statement is false regarding the national flood insurance program NFIP
It provides coverage for direct and indirect loss to covered property as a result of flooding
Which of the following is the best explanation of liability insurance
It provides protection in the event the insured's negligence caused his bottle he injury or property damage to others in the insured becomes legal legally obligated to pay damages
Which property insurance condition states that he suit may not be filed by the insured against the insurer under certain circumstances
Legal action against us
Which of the following claims would be covered under the personal injury and her endorsement attached to an H03 policy
Liability arising from publication or material that violates another's persons right of privacy
All of the following are true about liability except
Liability policies Pay cost incurred by an insured to sue negligent third parties
Which of the following clauses protect the interest of the loss payee
Loss payable clause
All of the following are automatically covered under the busines owners policy except
Mechanical breakdown
Inland marine policy's are generally written on what basis
Open perils
The H05 personal property coverage is our insured on which basis
Open perils
The scheduled articles floater provides which of the following coverages to describe property
Open perils
Which of the following is excluded under the farm property coverage form
Ordinance of Law
Which of the following statements about the commercial umbrella liability policy is false
Policies generally cover first party claims
Which one is the difference between the commercial general liability occurrence and claims made forms
The Coverage trigger point
Which of the following is not true of the H02
The H02 pays for losses and an open perils basis
Which of the following is true of the transfer of your rights and duties condition under CPP
The insured's right may not be transferred without written consent of the insurer
Which of the following is true regarding trip transit forms
They are used to Insure single shipments
Under the BOP what is the insurers obligation following a loss when the other insurance is written with exactly the same basis
To pay only after the other insurance coverage is exhausted
Under the BOP which of the following types of property is not covered
Vehicle subject to motor vehicle registration
Which of the following describes a layup warranty under the yacht policy
Which of the following describes a layup warranty under the yacht policyIt applies when the insured G.I. is in storage and allows a return of premium due to the lower
Which of the following is an example of special damages
Which of the following is an example of special damagesCompensation to an injured party for actual medical expenses in loss of earnings
Which statement is correct regarding the supplemental extended reporting.
Which statement is correct regarding the supplemental extended reporting.The premium is a one time charge then fully earned as issuance
Which of the following is covered on a basic laws of loss form
Wind storm
L owns a home covered under and HO3 for $20,000. Under coverage D much covered does L have for lost income in his basement apartment becomes uninhabitable due to a fire loss$60,000
$60,000
What is the minimum amount of notice an insurer must provide to a policyholder in advance of canceling a personal policy for nonpayment of premium
10 days
Which of the following coverage is not included in the basic dwelling form
Additional living expenses
All of the following are true regarding a nonresident license except
All of the following are true regarding a nonresident license except
Which of the following is not automatically included in a garage coverage form
Contractual liability
Under the sea GL which of the following would exclude from coverage the legal liability associated with a product
Expected or intended injury
Which of the following is not an unfair claims practice
Failing to pay claim prior to the receipt of a proof of loss
Which of the following types of injuries would not be covered under Worker's Compensation injury and close it should
Injuries sustained by an employee at a fitness club away from work I do that why
Which of the following correctly describes the practice of twisting
Miss leading in convincing and insured to surrender my apps are exchanging existing policy for a different one to the insured detriment
The insuring agreement of a policy describes
Pearls that are covered
The common policy conditions are found in which section of the BOP
Section 111
What is the name of the organization created to provide auto insurance to individuals who have been unable to obtain it through the private market
The Connecticut automobile insurance assigned risk plan
The DP three ensures personal property against the same peril as
The DP2 personal property coverage
The limited theft coverage endorsement to the DP is used under which of the following circumstances
The insured dwelling is tenant occupied
All of the following statements are correct regarding the fire department service charge in dwelling policy is except
The policy will pay up to $1000
Under coverage be of a homeowners policy all of the following are included except
The renting of a garage to a neighbor for wood working business
Physical damage coverage under a business auto coverage form includes all of the following except
Uninsured motorist coverage
Fine arts and antiques are classes of property insured on a
Valued Basis
The insured would be required to pay which of the following in the event of a Worker's Compensation claim
Any excess amounts in correctly paid by the insurer
Do you does not agree with the insurance company's value of his property damage to as a result of his recent property loss which of the following establishes the procedure D in the insurance company must be used to settle this issue
Appraisal clause
The outdoor property and extension under the building and personal coverage for insurers against which perils
Fire lightning explosion riot civil commotion and aircraft
Which of the following vehicles is not considered an uninsured vehicle under part C of the PAP
A vehicle owned by the government
Under a CGL at one point in time is the earned premium determined by the premium audit
At the end of the policy period
Which of the following is not one of the pearls required to be included in basic property coverage under the fair plan
Collapse
Which of the following statements best describes the other insurance condition on the Standard property insurance policy went to separate property policy is provide coverage for the same loss
Each policy pays it's pro rate share of the loss
Which of the following is true regarding section 2 of the homeowners policy
Section 2 is the same I in all homeowner forms
With respect to failure to remit premiums which of the following statements is false
When a producer's check is returned and remains outstanding 30 days following receipt of such return the insurer must report to the Commissioner
The capital and surplus requirements of an insured or authorized to issue property and casualty his policies is
$1.75 million
And insured has a homeowners broad form with a $200,000 limit on the dwelling in the stander deductibles if the insured's 20 2500 boat and trailer stolen from his driveway what is the most the insured will collect from the policy
$1250
Policyholder in insurers his owner occupied home under a dwelling property policy DP3 With a limit of $100,000 if the dwelling is damaged in a fire what is the limit of insurance that will apply for coverage E Additional living expenses
$20,000
The Connecticut amendment of policy provisions endorsement change the account payable for bail bonds under the supplementary payment section of the PAP to which amount
$250
The Connecticut amendment of policy provisions in Dorsman change the account payable for a bail bonds under the supplementary payment section of the PAP to what amount
$250
The unendorsed business owners policy will pay no more than what amount for the theft of jewelry
$2500
Candidates for an insurance producers license in Connecticut must complete how many hours of pre-licensing education for line of authority
40
The amount of insurance provided to cover personal property under coverage see a way of a homeowners policy is
50% of coverage a
Under the personal auto policy medical payments do not apply to passengers occupying which of the following
A van used in the insured's business in the course of employment
All of the following are excluded under part of the personal auto policy except
A vehicle driven by an unlicensed driver
Uninsured motorist coverage under a personal auto policy covers which of the following vehicles
A vehicle owned by the name insured
Uninsured motorist coverage under a personal auto policy covers which of the following vehicles
A vehicle owned by the named insured
Payments for the second injury fund are made when
And employee who has suffered a previous disability stuffers for a second injury or dies due to the second injury
Payments for the second injury fund are made when
And employee who has suffered a previous disability suffers from a second injury or dies due to the second injury
Which of the following coverages forms covers property of others that is held by the insured for servicing or repairs
Bailees customer form
Of the dwelling policy forms which one does not cover damage by burglars
Basic form DP1
What is the name Who are the termination of an insurance policy before the expiration date
Cancellation
What is the name for the termination of an insurance policy before the expiration date
Cancellation
Choose the false statement about the homeowners policy
Choose the false statement about the homeowners policyCoverage see extends to animals birds are finished owned by the insured
Which of the following is excluded under both the limited pollution liability coverage form and pollution extension endorsement
Clean up costs
Which of the following is not one of the perils required to be included and basic property coverage under the fair plan
Collapse
The running down clause would cover which of the following claims
Collision damage to another vessel When the insured is liable
The running down claws would cover which of the following claims
Collision damage to another vessel When the insured is liable
Which statement about the builders risk form is not correct
Coverage is always written on an open peril basis
Which of the following coverage is statements is correct about the fine arts floater
Coverage is automatic on newly required items for 90 days
Choose the false statement about the CGL policy
Coverage is automatically provided for a watercraft liability
Choose the false statement about the CGL policy
Coverage is automatically provided for watercraft liability
Choose the correct statement regarding extra expense coverage under a BOP
Coverage is for 12 months after the direct loss
Which of the following is correct concerning the commercial property special causes of loss form
Coverage is provided for all losses except as specifically limited or excluded
Choose the false statement regarding flood insurance
Coverage is provided for damage to growing crops
Which statement is false
Coverage of limits are subject to a deductible
Under the builders risk coverage form all the following are true except
Coverages includes trees plants outside in 10 hours in size that are not attached to the building
And insured's employee who has custody in care of the property inside the premises is call a
Custodian
On the dwelling policy forms which one would cover an old mobile home permanently affixed to a foundation
DP1
Which of the following claims would be covered under the DP3
Damage by vandalism to a dwelling vacant for 30 days before the loss
Which of the following is covered by crop he'll insurance
Damage caused by freezing drought insects and disease
Which of the following claims would be covered by collision coverage under party of the personal auto policy
Damage to be insured's auto bumper when the auto crashed into a tree
Under the dwelling policy which is correct regarding coverage for trees shrubs or plants
Damaged by wind hail we weight of ice snow or sleet is not covered
Which statement is true concerning section 11 of a homeowners policy
Damages to property of others coverage is provided up to a specified limit regardless of negligence
Which of the following is an element of fiduciary responsibility
Duty of loyalty
The endorsement of providing evidence of financial responsibility for motor carriers is known as
Form MCS 90
With respect to marine policies The term uncontrolled means
Forms that are not standardized buy any rating bureau
The H08 form settles losses to the building on what valuation method
Functional replacement value
Losses that cannot be calculated objectively such as pain and suffering or mental anguish are considered
General damages
Specified causes of loss under physical damage coverage of the business auto coverage form includes all of the following except
Glass breakage
The following are all additional coverage is under a home owners policy except
Governmental action
Which of the following statements is correct with regards to the fair plan
Insurers must be members
Which of the following statements is true with respect to uninsured underinsured coverage
Insurers who must offer uninsured underinsured motorist coverage with limits toys those of the bodily injury coverage of the policy
Which of the following is not a condition found in an insurance policy
Insuring agreement
Endorsements that coordinate CPP coverages to avoid duplicates are called
Interline
A chain of events that may be broken by which of the following does free and the dependent from liability
Intervening cause
The commissioner may revoke suspender refuse to renew a license for all of the following except
Issued in sufficient coverage to a customer through apparent authority
And insured contract includes all of the following except
Pollution liability
In Surety Bonding Party who's obligation is guaranteed is called the
Principal
The person who's responsibility is to fulfill the obligation of a surety bond is the
Principal
Rates that cannot be used until the Department or division of insurance approves of them as referred to as
Prior approval rates
Choose the false statement about the coverage under the business owners policy
Products and completed operations coverage under the commercial general liability coverage forms will cover damage to the insurance products
All of the following are types of insurances except
Proprietary Insurers
The manufacturer is held liable if a product caused an injury whether the product was or was not defective this describes what type of liability
Strict
When a claim and can provide that a product caused an injury the fact that the manufacture will be held liable regardless of whether the product was defective or not it's considered which of the following
Strict liability
Of the following parties to a surety bond which one is the principal
The insured
Short rate cancellation incurs when
The insured cancel the policy midterm
Choose the correct statement regarding the BOP protective safeguards endorsement
The insured is required to maintain the safeguards listed in the endorsement such as automatic sprinkler system automatic fire alarms and our security services
Choose the correct statement regarding the POP protective safeguards endorsement
The insured is required to maintain the safeguards listen in the endorsements such as automatic sprinkler system automatic fire alarms and our security systems
Which of the following would not reduce the general aggregate get limit under a CGL
The insured pays a claim in injured by a product made by the insured
What is the day after watching incurrence can take place and be covered under the claims made Form
The retroactive date
Which of the following statements is not correct concerning endorsement PP 01 54
The right to recover payment provisions applies to medical payments
Which of the following statements is not correct concerning endorsement PP 01 54
The rights to recover payment provisions applies to medical payments
The Personal articles floater's is similar to which of the following endorsements
The scheduled personal property endorsement
Which statement is true concerning homeowners policies
The section 1 deductible does not apply to property covered under the scheduled personal property endorsement
Which statement is true concerning dwelling policies
The special form insures the dwelling on an open peril basis and insurers the contents against the broad form perils
The dwelling broad form DP2 insurance against all of the following perils except
Theft
Any person employed by the insured specifically for the purpose of having the care in custody of property inside the premises is defined as a
Watch person
The homeowner special provision endorsement HO 01 06 Provides for the following except
Water and steam or added to the list of personal property covered
The homeowner special provision endorsement HO0106 provides for the following except
Water and streamer added to the list of personal property, covered
Which of the following perils would be covered under a dwelling policy
Water discharge by a plumbing failure
Which of the following pearls is not covered under the extended coverage endorsement to the DP1
Way of ice snow or sleet
Which of the following perils is not covered under the extended coverage endorsement to the DP1
Weight of ice snow or sleet
Which of the following statements is false with respect to win a notice of information practices must be provided
When a policy is renewed the notice must be provided within 24 months after a renewal date
Which statement is false under a homeowners policy
When is covered up to $500 per occurrence
Which of the following statements is false with respect to win a notice of information practices must be provided
When the policy is renewed the notice must be provided within 24 months after the renewal date
Which of the following is covered on the basic laws of loss form
Windstorm
Which of the following provisions in an ocean marine policy covers direct damage caused by a bursting of boilers
inchmaree clause
Liability coverage under the PAP will cover which of the following
non-owned golf cart
Which of the following statements regarding supplementary payments under the CGL is false
supplementary payment will reduce the limits of the policy
All of the following statements regarding property insurance are correct except
the owner of clothing left in the care of a dry cleaners called a Bailee
Ocean marine insurance may become void if which of the following happens
the vessel does not comply with safety regulations
Just the insured fails to use an available fire extinguisher to put out a shed fire that results in to $1000 damage how much will an H03 policy pay for the claim
zero
Which of the following is true regarding Eligibility of a homeowners policy
The dwelling must be the principal residence of the insured
Which statement is true regarding inspections and surveys under the BOP
The insurer has the right but it's not obligated to make inspections and surveys at any time
Which of the following statements is correct with regard to the maximum limit under the Connecticut fair plan
The maximum limit is 1,500,000 on any single risk
In liability insurance which of the following is the maximum amount that the coverage will pay for a loss to any one person regardless of overall policy limits
The per person limit
Which of the following is true about specialty or professional liability insurance
They are written on non-standard forms
Hotels may be written insured by a business owner's policy if they exceed
Three stories
Which statement is false about commercial property insurance
Time element losses in direct bosses are the same
Which of the following is false regarding the Connecticut insurance guaranty Association
Although cover claims they exist before and arise within 90 days after the insurer becomes insolvent
Which of the following is not an event requiring a driver to show financial responsibility
An accident causing property damage of $100 or more
With regard to investigate gated consumer reports which of the following statements is false
An agent must establish reasonable procedures pertaining to the conduct of a pretext interview of the individual
Which of the following statements is false with respect to license renewal
An insurer appointment is not required for a producer license to continue in force
Coverage see of the homeowners policy includes
An old camera used by the insured while on vacation in another country
Which person is not a covered resident under the homeowners policy
And insured's tenant
Which find guarantees the Contractor will proceed with the contract
Bid
What is the name of the uniform document that common carriers are required to issue to the shipper of the goods being transported
Bill of lading
Under all the dwelling forms the dwelling described in the declarations is covered under
Coverage a
B is traveling to Europe for a month vacation which of the following coverages might her agent recommend to cover personal items
Personal effects floater
Which is the best description of punitive damages
Punitive damages are assessed as a punishment for extremely objectionable by a negligent party
All of the following pearls are included under the dwelling broad form except
Smoke damage and industrial operations
A value limitation for a shipping is not included on which type of bill of lading
Straight
Coverage de of the dwelling provides Coverage for
Fair rental value
The part of the Worker's Compensation policy that defines how coverage applies in other states is
Part three
All of the following are excluded from the Worker's Compensation law except
Part time employees
Which of the following statements about medical payments is true
Payments are made regardless of fault or negligence
Which of the following is true of medical payments
Payments are made without regard to negligence
Which type of standard policy includes coverage options that would be excluded damaged by flood
Personal auto
Which of the following is not an additional coverage under the BOP
Personal effects
An insurance agent would recommend which of the following floaters to his client who's is traveling to Europe three months vacation
Personal effects floater
Coverage for injury resulting from invasion of privacy is covered which under endorsement
Personal injury
Which of the following endorsements to the homeowners policy as coverage for injury resulting from liable slander false arrest deformation invasion of privacy and other such offenses that could result in a personal liability suit
Personal injury endorsement
The following coverages are all found under section 1 of the homeowners policy except
Personal injury liability
The boat owners policy does not cover which of the following
Personal property
Which of the following is not an optional coverage under businessowners policy
Personal property to others that Is in the insureds care custody and control
Bodily injury is best described as
Physical injury or death arising from the negligent acts of an insured
When considering insurability of a commercial property for renewal insured can use
Physical inspection
When considering insured ability of a commercial property to renew the insured can use
Physical inspection
Which of the following perils is not covered by crop hail insurance
Pollution
Damages from which of the following would apply to the per occurrence Limit under commercial general liability policy
Professional malpractice
Which of the following is an insured's duty in the event of a loss under the PAP
Promptly notify the police in the event of a hit and run accident
The formal statement and insured provides to ensure including all the details and ensure needs to access its liability following is a loss is known as a
Proof of loss
The personal umbrella policy does not provide coverage for which of the following
Property damage liability to property in the insurance carrier
The personal umbrella policy does not provide coverage for which of the following
Property damage liability to property in the insureds care
Choose the false statement about an umbrella liability policy
Property in the care and custody of the insured is covered
Inland marine policies are primarily designed to insure
Property that is Mobil in nature I may be away from insured premises
Which statement is true concerning homeowners policies
Property usually located in a student dormitory is limited to 10% of coverage C or $1000 which ever is greater
Which of the following is true about pretext interviews
Protects interviews are permitted a fraud or other criminal conduct is suspected
All of the following statements regarding property insurance terminologies are true except
Proximate closet as a secondary cause of loss
Under the Worker's Compensation policy physical therapy benefits are a type of
Rehabilitation benefit
Which of the following is true with regard to the home business endorsement HO 07 05
Reinsure me examine and ordered the insured's records relating to this coverage for up to three years after a policy. Period Expires
With regard to aftermarket parts regulations which of the following statements is false
Replacement parts to views that are not manufactured by the original manufacture or may not be used
An employee who is duties are related to the maintenance of the residence premises is defined as which of the following under section 11 of the homeowners policy
Residence employee
Where can and insured find insurance coverage after being rejected by ensure a due to claims history
Residual market
The builders risk coverage form will not cover which of the following
Roof antenna
Choose the item that is not covered under the BOP
Satellite dish located on the premises
Choose the items that is not covered under the BOP
Satellite dish located on the premises
All of the following regarding commercial auto coverage are true except
Section 11 of the garage coverage form does not include completed operations coverage
All of the following are true of a Homeowners policy except
Section 11 provides coverage for damage to the insureds property
Which of the following is not covered under the valued papers in records floater
Securities
Which of the following perils is not covered under the dwelling board form
Smoke damage from industrial operations
The basic causes of loss form under the commercial property coverage part which would not cover the following
Steam boiler explosion
Medical payments coverage includes which of the following
Payments of necessary medical expenses incurred by an injury on the insured premises
All of the following are additional coverages under the building in personal policy coverage form except
Peak season
And entity who owns a fleet of trucks and halls it's all good should purchase
A motor truck hope cargo owners form
Which of the following claims would be covered by the first aid expense under the homeowners policy
A neighbor is injured while helping the insured install the carpet
First aid expenses under the homeowners policy would cover
A neighbor who gets injured while helping the insurance install the carpet
Which of the following statements is false with respect to Agent appointments
An agent must obtain written appointment from an insurer after his her agent license is issued
With respect to a reduction In uninsured underinsured motorist coverage which of the following is not correct
A named insured may request limits for bodily injury and death that are less than the minimum limits allowed
Policyholder us has an H05 policy with a 200 and 5000 thousand coverage a limit after a strong blend close a mailbox into else's front picture window causing 2500 damage S immediately buys 250 of wooden plastic sheeting to cover the damage to window and prevent further damage further damageHow much will as his policy pay
$2750
Policyholder J hit a deer with his Honda J had has collision coverage with a $250 deductible and other than collision coverage with a $50 deductible the coverage to Jay's car was $450 how much will the policy pay
$400
Policyholder [C's} debit card is stolen and $1000 is sequentially stolen from his account how much will his H03 pay for the loss
$500
Which of the following is true regarding the supplemental extended reporting.
.The premium is a one time charge
Which business auto symbol provides the brightest coverage
1
Which of the following may be insured on a replacement cost basis under the national flood insurance program
1 to 4 family residence inn residential condominiums
For how many hours after the first tremor would earth movement damage be covered under the business owners earthquake endorsement
168 hours
An individual applying for an insurance license in Connecticut must be no younger than what age
18
A temporary license issued to a representative of a licensed producer who died or become disabled is valid for up to how many days
180
The renewal. Of an insurance license in Connecticut is how many years
2
If appraisal is required under the Standard fire Policy the appraisers must be selected within
20 days
If appraisal is required under the Standard fire policy the appraisers must be selected within
20 days
Policyholder and ensures his owner occupied home under a dwelling property policy DP3 with a limit of $100,000 if the dwelling is the damaged in the fire what is the limit of insurance that will apply to covered eat additional living expenses
20,000
Under the BOP If coverage for a business property equals 100% of the Average monthly values for the preceding 12 months and automatic increase the amount is provided to offset seasonal variations in stock values
25%
Under the BOP if coverage for business property equals 100% of the average monthly values for the preceding 12 months in automatic increase of what amount is provided to offset seasonal variations in stock values
25%
Under a VOP the insurer may exam and an audit the insured's books and records at any time during the policy period in up to what duration after the expiration
3 years
The BOP covers property while it is being temporarily stored in another location for how many days
30
The VOP covers property while it is been temporarily restored in another location for how many days
30
Candidates for an insurance producers license in Connecticut must complete how many hours of pre-licensing education for a line of authority
40
Under the commercial property policy they can see is allowed for how many days before the pearl peril vandalism coverage is suspended
60
The insurer may cancel a business owner's policy if the insured building has been vacant or unoccupied for how long
60 days
All earth move it within what period of time or considered a single occurrence of earth movement
72 hours
In earth movement within the period of time that are considered a single occurrence of earth movement
72 hours
Which coverage is not included in a standard business owners policy
72 hours direct damage from utility services
Hey certificate insurance consultant Who excepts commissions from a transaction with a client who is being charged for services may be subject to a fine of up to $2500 and imprisonment for how many days
90
Hey certified insurance consult Sultan who excepts commissions for a transaction with a client who is being charged for services may be subject to a fine of up to $2500 and imprisonment of how many days
90
What is the name of the organization created to provide auto insurance to individuals who have been unable to obtain it through the private market
A Connecticut automobile insurance assigned risk plan
Which of the following would not be covered by a commercial crime policy with an extortion endorsement
A bank teller has a chance to report a threat to Co-worker's or the police with the clients to do so before a ransom is paid
Coverage see if the homeowners policy would cover which of the following
A camera stolen while the insured is on vacation
A contract that allows an insured to be restored to the same financial condition as prior to the loss is considered
A contract of indemnity
Which of the following best describes a temporary total disability
A disability which makes the employee or unable to return to any employment while recovering
Coverage we have a dwelling policy will not apply to a detached garage if which of the following is being stored
A helium tank used for the insurance business
A mobile home insurance policy is most similar to
A homeowners policy
All of the following are true regarding a nonresident license except
A nonresident license may be authorized for any line of insurance for which the licensee is not authorized in his or her home state
Which of the following statements is false with respect to notices of information practices
A notice of information practices as it is only required to be provided on an annual basis
Which of the following is correct about aircraft liability insurance
A passenger may be covered by a sublimit
Under the personal auto policy medical payments coverage is provided for which of the following
A passenger while occupying the cover auto
Who am I in the following is not exempt from continuing education requirements
A personal lines producer
Who among the following is not exempt from continuing education requirements
A personal lines producer
Which of the following is correct regarding pre-licensing requirements
A producer applicant must complete 80 hours Of pre-licensing education for life accident and health
Which of the following are part of the legal responsibility of maintaining an insurance license
A producer must inform the commissioner of any name change our address within 30 days
Which of the following statements regarding crime coverage is correct
A robbery policy would cover theft in the presence of an employee
Which of the following is not an insured under a personal auto policy
A thief involved in a high-speed police chase
A person wanting to ensure a single shipment could use
A trip transit form
A person wanting to insure a single shipment would use
A trip transit form
Under the personal auto policy medical payments do not apply to passengers a couple occupying which of the following
A van used in the insurance business in the course of employment
To which injury would CGL medical payments apply
A volunteer worker handing out company coupons during a sale
Which of the following is not a common policy condition on a commercial property policy
Abandonment
Dwelling coverage the covers which of the following losses
Access prevented by a civil authority with neighboring locations direct laws by peril covered under the insurance policy
Which of the following is not covered under the building and personal property coverage form
Accounts bills currency deeds evidence of that money or securities
Under the HO-8 Policy the dwelling is valued on which basis
Actual cash value
All of the following statements regarding the property policy structure are correct except
Additional coverages are added to the policy for an additional premium
The basic DP one dwelling form does not include which coverage
Additional living expenses
Which of the following is not one of the liability exposures of a CGL
Advertising injury
Which of the following is not one of the liability exposures of the CGL
Advertising injury
Which of the following is true regarding the board form under the commercial property policy
After 60 days of vacancy coverage for glass breakage is suspended
Which term describes the maximum amount payable for a loss for all occurrences within a policy period
Aggregate limit
All of the following are covered under a homeowners policy except
All living expenses incurred when a dwelling becomes uninhabitable after a covered loss
All of the following are covered under a homeowners policy except
All living expenses incurred when aDwelling becomes uninhabitable after a covered loss
All of the following are true of the business auto coverage form except
All of the following are true of the business auto coverage form exceptIt covers injuries to employees
Which of the following is a duty required of the insured in the event of a loss under the PAP
Allow an inspection and appraisal of the damage before an auto is repaired
The following is not an insured contract under the CGL
An advertising contract
Which of the following is not insured contract under CGL
An advertising contract
Which of the following statements is false with respect to Agent appointments
An agent must can obtain written appointment from an insurer after his her agent license is issued
With in regard to investigative consumer reports which of the following statement is false
An agent must establish reasonable procedures pertaining to the conduct of a pretext interview of the individual
All of the following are powers and duties of the commissioners except
Performing all duties in the best interest of independent insurance agents
Which of the following statement is true with respect to assumed names
An agent who will be transacting business in Connecticut under and ace assumed name was notified the commissioner prior to using the assumed name
Whenever any damage the motor vehicle has been declared to be a constructive total loss the insurer must calculate the value of the vehicle for determining the settlement amount using
An average of the retail values for from The National automobile dealers Association and one other industry source
Which of the following is true regarding the Worker's Compensation assigned risk plan
An employer who is unable to purchase coverage is the voluntary market can obtain coverage under the assigned risk plan
Which of the following conditions would not be found in section IV of the CGL
An insureds insolvency relieves the insurer of any obligations under the policy
Which of the following statements is true concerning the availability of insurance on real property
An insurer may cancel insurance for reasons that apply to all persons of the same marital status sex race color religion or national origin
Under the BOP the additional coverage For Preservation is covered in which of the following ways
An open perils for 30 days
A claims adjuster would not pay which of the following employers liability claims
And employee is injured while playing softball at a company picnic at a nearby park
Which of the following statements is false with respect to license renewals
And ensure appointment is not required for a producer license to continue in force
Which of the following statements is true concerning the availability of insurance on real property
And ensure may cancel insurance for reasons that apply to all persons of the same marital status sex race color religion religion or national origin
Which of the following statements is not correct concerning commissions
And insurer or producer may not assign commissions
K gets a horrible rash after using wrinkle prevention cream for two months this is considered
And occurrence
Which property would be settled for its actual cash value even if the personal property replacement cost loss settlement in their endorsement is attached to the H03 policy
Antiques
The insured would be required to pay which is the following in the event of a Worker's Compensation claim
Any excess amounts in correctly paid by the insurer
And insured look into cover the dwelling against damage from hail would need to purchase which dwelling form
Any form except the unendorsed the DP1
If the insured and insurer do not agree on the value of a property laws what condition would apply
Appraisal
When the insured in the insurer fail to agree on the amount to be paid for a property laws that dispute resolution method is called in
Appraisal
Which of the following is used to resolve differences between the insured in the insurer
Arbitration
Plaintive K was injured after losing control on his keys on a slope with Walmart signs indicating the degree of difficulty what legal defense is available to the ski resort to avoid liability for the injury
Assumption of risk
What is the cancellation notice requirement and fin insure is canceling an auto policy for other than nonpayment of premium or material misrepresentation
At least 45 days written notice of cancellation
What is the cancellation notice requirement of been in sure is canceling an auto policy for other than nonpayment of premium arm with material misrepresentation
At least 45 days written notice of cancellation
What is the notice requirement if an insurer is not Renewing an auto policy
At least 60 days
And Agent must provide a notice of information practices to all applicants our policyholders in connection with insurance transactions
At the time of application or policy deliver or when the information is collected from a source other than the applicant
An agent must provide a notice of information practices to all applicants our policyholders in connection with insurance transactions
At the time of application or policy delivery or when the information is collected from a source other than the applicant
Dwelling coverage D covers which of the following losses
Axis prevented by a civil authority because of a neighboring locations direct loss by a peril covered under the insurance policy
Which DP Form does not cover burglar damage
Basic form DP1
The following qualifications are required for an Agent or producers license except
Be at least 21 years of age
Which of the following is false regarding temporary partial disability benefits
Being injured employee will never return to his her previous employer
Which of the following is true concerning workers compensation benefits
Benefits are paid to employees for their on the job injury's regardless of negligence on anyone's part
What is the name of the uniform document that common carriers are required to issue to the shepherd of the goods being transported
Bill of lading
All of the following are methods of loss valuation except
Blanket value
The definition of bodily injury in the personal auto policy includes which of the following
Bodily harm sickness or disease
Section 11 of a homeowners policy may cover which of the following incidents
Bodily injury caused by an insured's activity while picnicking at a city park
Liability coverage under the BOP includes coverage for
Bodily injury or property damage
With regard to the dwelling endorsement DP 01 06 Which of the following statements is false
Bosses are payable within 10 days of receipt of proof of loss
Bodily injury liability coverage includes all of the following except
Breach of contract
———- It's not covered by the CGL coverage be personal and advertising injury
Breach of contract
Which of the following is not covered under the condominium commercial unit owners coverage form
Building exterior wall
Which of the following terms best describes the crime of taking of property from inside the premises or a large safe or vault by a person who commits forcible entry
Burglary
Which type of commercial auto policy would be best suited for a company who is employees use the their own vehicles to make sales calls
Business auto coverage form
Time element is best described as
Business income an extra expense coverage form
All of the following are true of section 11 of the business owners coverage form except
Business liability coverage applies to damage to an insureds property or work
Which of the following is not an additional coverage under the Bop
Personal affects
Which of the following is included in section 111 of the businessowners coverage form
Common policy conditions
Which description applies to general damages
Compensation to an injured party for pain suffering mental anguish the six figures in similar types of losses
Which of the following is included in the building coverage provided by the building and personal property coverage form
Completed additions fixtures including outdoor fixtures permanently installed machinery and equipment
Which of the following is not a requirement for inssuance of a public adjusters license in Connecticut
Completing a pre-licensing course
Physical damage to the insured's auto is not covered under collision and is not otherwise excluded would be covered under
Comprehensive
All of the following are sections of the garage coverage form except
Comprehensive insurance
Which crime insuring agreement covers acts committed using a computer
Computer fraud
Which is true of the dwelling policy special form
Contents are covered on an actual cash value basis
The farm liability coverage form provided all of the following coverage except
Contractual liability
The farm liability coverage form provides all of the following coverage is except
Contractual liability
Which term describes the equal sharing of a loss by two or more insurers until the loss is paid or until each and sure has exhausted it's limits of insurance which ever comes first
Contribution by equal shares
Which of the following defenses against negligence prevents recovery for injuries caused by a negligent party if the claimant was also negligent
Contributory negligence
Damaged household and personal property in transit between the insureds old and new residence is covered by the dwelling policy under
Coverage C
Mobile home insurance includes all of the following except
Coverage C with a limit of 50% of coverage a
Which statement is false
Coverage F limits are subject to a deductible
Under the dwelling forms the dwelling described in the declarations covered under
Coverage a
Which coverage applies to the building described in the dwelling policy declarations
Coverage a
All of the following are true of medical payments under the commercial general liability coverage forms except
Coverage applies to the insured's injuries
Detached structures on the insured premises are included in which coverage under a dwelling policy
Coverage b
Which of the following statements about the national flood insurance program is false
Coverage becomes effective after a 24 hour waiting period
The home daycare endorsement does not provide which of the following
Coverage for a daycare employee
Which statement is false regarding uninsured motorist coverage under a personal auto policy
Coverage includes injuries suffered by someone used in a covered vehicle without permission
Which statement is false regarding uninsured motorist coverage under a personal auto policy
Coverage includes injuries suffered by someone using a covered vehicle without permission
Which of the following is not an unfair claims practice
Failing to pay a claim prior to the receipt of a proof of loss
Which of the following statements regarding Deductibles is true
Deductibles help Reduce the number of frivolous or small claims
A producer tells an applicant for insurance that a competitor insurance is in dire financial straits it may not be able to honor its claims obligation which unfair trade practice has the producer committed
Defamation
Which federal entity administers the terrorism insurance program created by TRIA
Department of the treasury
Which federal entity administrators the terrorism insurance program created by TRIA
Department of the treasury
All of the following are duties of an insured after a loss except
Determining the valuation method the insured will use to pay for the loss
Which of the following perils is not insured against by the special causes of loss form under the farm property policy
Dishonest or criminal acts
Which of the following perils is not is insured against by the special causes of loss form under the farm property policy
Dishonest or criminal acts
All of the following are true of Protection and indemnity except
Does not cover injuries to sailors from the Vessels lack of seaworthiness
After a personal policy has been in effect for 60 days the policy may not be canceled
Due to the insured changing his or her occupation
After a personal policy has been in effect for 60 days the policy may not be canceled
Due to the insured's changing in his her occupation
All of the following are general conditions of the bap except
Duties in the event of an accident
Under the other insurance condition when two properties cover the same property how is a lost apportioned
Each policy will share pro proportionately according to the total insurance
Which Type of state does not require that Employers must purchase Worker's Compensation coverage on their employees
Elective
Which of the following property is not covered under the building and personal property coverage form
Electronic data
After noticing the disappearance of office supplies from within a private office facility which coverage my uninsured add to a commercial crime policy
Employee theft or dishonesty
An insurance policy that protects insurance producer is known as which for the following
Errors in admissions
The personal injury endorsement HO 24 79 provides for the following except
Excludes personal injury arising out of publication of material whose first publication took place after the beginning of the policy period
The personal injury Endorsement HO 24 79 Provides for the following except
Excludes personal injury arising out of the publication of materials his first publication took place after the beginning of the policy.
Which of the following is not found on the declaration page
Exclusions
Which of the following is not found on the declarations page
Exclusions
Which of the following statements is false
Exclusively remedy prohibits the surviving spouse of a deceased employees whose death was caused by the employers intentional act or omission or gross negligence from recovery damage
Under the CGL which of the following would exclude from coverage the legal liability associated with a product
Expected or intended injury
The authority of a producer that is stated in his or her agency contract it said to be
Expres powers
The authority of a producer that is stated in his or her agency contract it said to be
Expressed powers
Which of the following is not considered a type of advertising injury
Extortion
Rates are referred to as which of the following when the insurance company files for approval and then implements the ratesInside the premises theft of money and securities
File in use
Which construction classification uses material that can withstand fire for at least two hours
Fire resistive
Which of the following is false about livestock coverage form
Five stocks are covered while in transit by common carrier
Ocean marine whole coverage in cargo coverage are written on which basis
For valued basis
Which of the following property may not be covered under a building and personal property coverage form
Grain stored inside a building
Which of the following property may be covered under a building in personal property coverage form
Green stored inside a building
During a companies Godfrey treat the property of several guest is stolen from the golf resort safe deposit box under the resorts commercial crime policy which insuring agreement or endorsement would pay for this loss
Guests property
A deer choose a hole in An insured shed sitting next to a pond which of the following forms could cover the damage
H03
New homebuyer S called his agent and told him that he wanted the brightest coverage available for his new home which policy word the agent be most likely to recommend
HO5
All of the following are true about a newly acquired additional vehicle except
He can be used to transport for goods for higher and receipts are less than $10,000
Which would be covered under the business auto coverage form
Hey borrow the truck used in the insurance business
When Filing a claim the insured is required to do all of the following except
Hire an appraiser
Which of the following is true with regard to binders
If Winder cannot exceed 60 days
Which of the following statements is not true with respect to the surplus lines
If a line of coverage is not on the list maintained by the commissioner it cannot be written
Which of the following statements is correct regarding season desist orders
If after hearing the commissioner determined that an individual is in violation of insurance for a copy of the findings in a season desist order will be issued
With respect to concealment or fraud in conjunction with the Standard fire policy which of the following is not correct
If the insured willing fully conceals or Miss Ross presents any material facts concerning coverage only before I lost the entire policy is void
Which of the following statements regarding the part a limit of Liability under the personal auto policy is false
If the loss is covered under more than part one of the policy payment will be duplicated
A loss caused by which of the following would be covered under a BOP
Increased cost of construction
The Connecticut automobile insurance assigned risk plan provides auto coverage for
Individuals who have been unable to change insurance through the normal market
All of the following are coverage is extensions under the building and personal property coverage forms except
Inflation guard
The personal liability endorsement does not provide coverage for which of the following
Injury caused to a regular resident of the dwelling
Good being transported would be covered by which of the following types of insurance
Inland marine
Company D's cashier is robbed of $500 in currency. The laws would be covered under which of the insurance agreement
Inside the premises theft of money and securities
Which of the following is not a provision found in section IV of the CGL
Inspections and surveys
When an individual faces the risk of economic loss in the event of property damage this indicates which of the following
Insurable interest
Which of the following statements is correct with regard to the fair plan
Insurers must be members
The commissioner may revoke his friend or refuse to renew a license for all of the following except
Issued insufficient coverage for to a customer through apparent authority
Which statement is true about the POP hired Otto and non-owned auto liability endorsement
It adds business auto coverage for a vehicle the insured rents
Which of the following is true about an aggregate limit
It applies to losses from all occurrences within a specific policy period
Which of the following is true regarding the restoration. Under the BOP
It begins 72 hours after the time of the direct physical loss and ends when repairs are conducted or one business resumes at a new physical location
Which statement is true regarding the accounts receivable coverage form
It covers the insured's on collectibles from customers due to a direct physical loss of the insurance business record
All of the following are true of the personal jewelry floater except
It has a 60 day automatic coverage for newly acquired items
Which of the following best describes a hazard
It increases the chance of loss
Which statement is true of the equipment breakdown protection coverage form
It may be written as a coverage part of the commercial package policy
Which is true statement about the boat owners policy
It provides Road property and liability coverage similar to the PA P
Choose the false statement regarding the extra expense coverage form
It provides coverage for direct loss is under the policy
Which of the following is not true of the yacht policy
It provides coverage regardless of its territory
Choose the correct statement regarding preservation of property under the building and personal property coverage form
It provides open perils coverage for 30 days on insured property being moved or temporarily stored at another location because of the endangerment of a covered peril
Which of the following is true about the insurance agreement of party under the personal auto policy
It states that the policy will pay for direct an accidental physical laws to the covered auto regardless of fault
Choose the correct answer regarding coverage F of the farm property coverage form
It will cover farm machinery both on and away from the described premises
Which vehicle would not be eligible for a business auto coverage form
It's a forklift used in the business
Winning insured's boat is in storage which warrantee allows for a return on premium
Lay up
How is lost or damaged property valued under the BAP
Lesser of the ACV or the cost to repair or replace
Which property condition requires the insurer broaden coverage during the policy period within an increase in premium
Liberalization
With regard to the dwelling endorsement DP 01 06 Which of the following statement is false
Losses are payable within 10 days of receipt of proof of loss
Farm property loss conditions include which of the following
Lost to Pairs or sets
All of the following are true of the equipment breakdown protection coverage form except
Malfunction is included in the definition of a breakdown
Which statement regarding medical payments under a homeowners policy is true
Medical payments under a homeowners policy will not cover funeral expenses
All of the following are considered an insured under the commercial general liability coverage part to the commercial package policy except
Members of a past partnership not shown as a named insured and the declarations
When writing an application for car insurance producer asked her client be if he had been convicted of driving while intoxicated in the last 10 years be answered now although he had been convicted of a do you are last year be as guilty of which of the following
Misrepresentation
Which of the following correctly describes the practice of twisting
Miss leading in convincing and ensure to surrender labs or exchange an existing policy for a different one to the insurance detriment
Which of the following correctly describes the practice of twisting
Miss leading in convincing and insured to surrender labs or exchange and existing policy for a different one to the insured's detriment
Private insurers are not allowed to write workers compensation insurance and which of the following states
Monopolistic
Q runs a stop sign causing an oncoming vehicle to swerve and hit a tree who is guilty of
Negligence
Liability coverage under the PA P will cover which of the following
Non-owned golf cart
Which term describes a situation that occurs when two policies cover in the same property contain different policy periods
Nonconcurrency
Inland marine policy is generally cover property that is
On land only
Under the building and personal property coverage form coverage applies to all of the following except
One storm damage to outdoor signs not attached to the building
Under a commercial crime policy written on a loss sustained form what is the latest date that a covered loss can be discovered
One year following policy expiration
Which of the following is false regarding the broad endorsement under the dwelling policy
Only on premises coverage is available
Which of the following is not true about the home business endorsement
Only property damage is covered
Inland marine policy's are written on what basis
Open perils
VH03 dwelling in other structures coverages are insured against which perils
Open perils
When Fridge applies to losses from all perils except Those specifically excluded the policy is said to be written on which of the following basis
Open perils
Under marine policies the term uncontrolled means forms that
Or not standardized buy any rating bureau
Workers compensation does not cover which of the following
Pain and suffering
X's neighbor shoots off fireworks on July 4th And put the shells in exes trashcan causing a fire in damages exes garage access companies payable the loss and contracts the neighbor for reimbursement this is an example of
Subrogation
Which statement is false regarding the business owners policy
Supplementary payments include first aid expenses
Which type of insurance provides coverage one insured is not available from an admitted carrier
Surplus
Which type of insurance provides coverage when insurance is not available from an admitted carrier
Surplus
Which of the following places insurance with a non-admitted and sure when insurance cannot be placed within an admitted in insurer
Surplus lines producer
Which of the following is an example of risk reduction
Taking action to minimize the severity of a potential loss
A disability that prevents an employee from doing any work and from which the employee is expected to recover is known as
Temporary total disability
All of the following are true of the building and personal Property coverage form except
Tenant improvements that are not legally removable are included in the personal property or other coverages
Choose the false statement about the building and personal property coverage form
Tenants improvements that are not legally remove a wall or included in the personal property of others coverage
Which statement regarding the medical payments coverage of the business auto policy is true
The BAP does not automatically include medical payments coverage
Which statement is false regarding inland marine policy's
The Bailey's concert customers warm covers the insureds property when he she has property of others in his care custody and control
Which statement is false regarding in land marine policies
The Bailey's customers form covers the insureds property when he she has property of others in his hair care custody and control
Which of the following statements is true with respect to penalties
The Commissioner may impose a monetary penalty in addition to or in Lieu of suspension or revocation of license
Which of the following statements is true concerning the national Association of insurance commissioners
The NAIC provides research and recommendations
Which statement is true concerning homeowners policies
The Section 1 deductible does not apply to property covered under the schedule personal property endorsement
Which of the following federal workers compensation law applies to ship workers that load unload build and repair of ships
The US Longshore man in Harbor Worker's Compensation act
Choose a true statement about the basic dwelling form
The basic form covers internal explosion
Which of the following are found in the Worker's Compensation policy condition section
The cancellation policy
Which of the following is true regarding a negligence claim
The claimant must demonstrate that the wrongful actions of the insured were the direct or proximate cause of the claimed injury or damages
Which of the following statements about a property policy is false
The coinsurance caused makes the policy more costly
All of the following statements regarding coinsurance are true except
The coinsurance clause increases the policies deductible amounts
Which of the following statements is true with respect to penalties
The commissioner may impose a monetary penalty in addition to or in Lieu of suspension or revocation of license
Which of the following statements is false regarding hearings
The commissioner may revoke our suspended license without an opportunity for a hearing
What is the difference between the commercial general liability occurrence and claims made forms
The coverage trigger point
Which statement is true concerning coverage D of the homeowners policy
The coverage will pay for any increase in living expenses required to maintain the insurance normal standard of living
Which of the following is not allowed regarding the disclosure of personal information
The disclosure is made to a marketing organization
All of the following are true regarding dwelling policy eligibility except
The dwelling must be used for seasonal or secondary Purposes
A certificate of insurance includes which of the following
The effective date name of the insured the named insured and limits of liability
Which of the following best defines short rate cancellation
The insured will receive less than the full of aMount of the earned premium
Which of the following parties may I sign a standard property policy
The insured with prior written permission of the insured
Which of the following parties may assign a standard property policy
The insured with prior written permission of the insurer
Which of the following claims would be insured under uninsured motorist coverage
The insured's residence son suffered severe injuries after being rear ended by an insured driver
Which of the following is correct about inspections and surveys under the common policy conditions of the CPP
The insurer has a right but it's not obligated to make inspections and surveys at any time
Which statement is true regarding Inspections and surveys under the BOP
The insurer has the right but is not obligated to make an inspection in surveys at any time
Which of the following is not true of the supplemental extended recording. Under the claims made form of The CGL
The insurer may void if after the premium has been paid by the insured
All of the following statements regarding a property policy are correct except
The insuring agreement person personalize is the policies specifying the exact property being insured
The limit of liability of coverage D damage to your Rado under the personal auto policy states that
The limit of liability is lesser of the actual cash value of the vehicle or the amount necessary to repair or replace the vehicle with another of like kind and quality
Which of the following statements is correct with regard to the maximum limit under the Connecticut fair plan
The maximum limit is $1,500,000 on any single risk
Which of the following persons cannot collect a claim payment under uninsured motorist coverage
The owner of a parked car struck by a falling object
Which statement regarding Liability coverage And limit is false
The per occurrence limit is the maximum amount recoverable during the policy period
Which of the following is true regarding coverage a under the dwelling policy
The policy does not include coverage for win loss and television Antennas
Which of the following is true regarding coverage a under the dwelling policy
The policy does not include coverage for win loss our television antennas
Which of the following is correct regarding preservation of property under the building and personal property coverage form
The policy provides open perils coverage for 30 days on insured property that is being moved or temper rarely stored at another location because of the endangerment of a covered peril
Which of the following is true regarding the supplemental extended reporting period
The premium is a one time charge
Which of the following is true of the dwelling under construction endorsement of a dwelling policy
The premium is based upon a percentage of the coverage a limit
A producer is not considered to have a license primary for controlled businesses if
The producers total sales premium amount is at least nine times greater than the Combined premiums for uncontrolled business
Under a dwelling policy the coverage extension of debris removal will pay for
The removal of the debris caused by an insured peril
Which of the following is not true of the multi-peril crop insurance
The residual market provides the coverage at the state level
Which of the following is not true of the multi-parol crop insurance
The residual market provides this coverage at the state level
To whom are workers compensation survivor benefits paid
The spouse and/or dependent child over deceased worker
Which statement is false regarding the builders and personal property coverage form
The standard deductible is $100
Which statement is false regarding the building and personal property coverage form
The standard deductible is $100
Which of the following is false about business owners policy
The supplementary payments limit is a maximum of $2500 for all expenses incurred by the insurer
Which of the following is false about the business owners policy
The supplementary payments limit is a maximum of $2500 for all expenses incurred by the insurer
In which of the following circumstances would be insured be required to pay self-insured retention on an umbrella policy
The umbrella drops down to act as the primary policy
Which of the following is not covered under the dwelling broad form DP2
Theft
Which of the following is true regarding the H04 and H06 forms
They are used to ensure the personal property and personal liability of the insured but do not include the structure itself
A crime insurance policy written with a discovery formal cover which of the following losses
They lost that occurred and was discovered during the policy period
All of the following are true of torts except
They must be committed intentionally
All of the following are true of towards except
They must be committed intentionally
Which of the section of the BAP Provides coverage for autos and they care custody and control of the insured
This coverage is not provided under the business auto coverage form
Which of the following statements regarding commercial property insurance is False
Time element boss is in direct losses are the same
Which of the following statements regarding commercial property includes his false
Time element losses and direct losses are the same
Which of the following statements regarding commercial property insurance is false
Time element losses in direct losses are the same
What is the purpose of an umbrella liability policy
To cover large and catastrophic losses
Which of the following is correct regarding product liability under the CGL
Coverage applies to the bodily injury and property damage the product causes but not to the product itself
Which of the following statements is not correct with the respect to continuing education requirements
Excess hours may be carried over to the next Biennium
And insured Organized in another state and the state in which it is authorized to do business is known as which type of ensure
Foreign