Prop Guaranteed missed qs

Under Coverage E-Scheduled farm Personal property, livestock that is not specifically insured is limited to a coverage limit of

$2,000 per head

Roger owned a grocery store and had a reporting form policy with $100,000 limit for the stores inventory. The last report Roger submitted was during a slow. And showed a value of $50,000. The value increased to $75,000, and Roger failed to submit his next report Windu. What is the maximum amount of coverage Roger has

$50,000

Snuggly insurance issued an insurance policy to joe on Monday. Snuggly insurance decides to terminate Joe's policy exactly 2 weeks later and delivers to Joe a notice of termination that same day. When will the termination of joe's policy become effective under the essential insurance act

20 days after the notice is delivered

According to business property coverage form vacancy condition, if a policy is issued to the owner of a building, the building will be considered vacant if what portion of the square footage is unused?

69%

Homeowners policies permit all of the following incidental occupancies except

A retail sales operation Run by the insured from his home garage

Which of the following exclusions would specifically fall under coverage E in homeowners insurance

Contractual liability

Which policy with a business owner who is business feel scuba tanks most likely need to insure unfired pressure vessels and compressors?

Equipment breakdown

What part of the insurance contract describes the covered perils in the nature of coverage of the contractor agreement between the insurer and the insured

Insuring agreement

Which of the following is not found in the common policy declaration of a commercial package policy?

Insuring agreement

Guaranteeing future dividends is considered to be an unfair or deceptive act known as

Misrepresentation

What coverage form in the farm policy insures equipment on an open peril basis

Mobile agriculture machinery and equipment

Among the applicants in the same class in life expectancy, which of the following factors can be used to influence premium rates

Occupation

How is the premium paid for the business owners policy

One indivisible premium

Which provision defines how the policy will respond if there is other valid insurance written on the same risk

Other insurance

The deductible under earthquake coverage is stated as what

Percentage of loss

Which of the following would not be covered by commercial inland marine policy

Property lost due to a military action

For an additional premium, the extended coverage is written on the basic form dwelling policy would cover which of the following

Riot

Which of the following perils will be excluded from coverage under and HO-4 tenant broad form of a homeowners policy

Sewer water back up

A property ensure goes bankrupt and is unable to pay on any of the insurance claims. Which of the following will happen

The insurance claims will be paid by a state based program

And insured has the scheduled personal property endorsement attached to his homeowners policy. If the insured requires a new work of art, when was the insure been notified for the new works of art to be covered under the endorsement

Within 90 days for coverage to apply to fine arts

Which of the following types of property is not movable

real property