Exam Questions 2
A Homeowners Form has a $50,000 personal property limit. Disregarding any deductibles, what is the most the insured can collect if a boat valued at $1,500 is stolen from the premises? $1,000 $1,500 $1,400 $2,000
$1,500 -The insured can collect up to $1,500 because of the "special limits" that apply to watercraft. An insured could collect this full amount even when the deductible is factored in. For example, if a policyholder had a deductible of $500 and a covered loss to watercraft valued at more than $2000, they could collect a maximum of $1500. Theft of watercraft off the insured's premises is covered only under the HO-5 form.
What is the limit for damage to a non-owned trailer under the personal auto policy? $1,500 $500 $1,000 $2,000
$1,500. The limit is $1,500 for damage to a non-owned trailer that is designed to be pulled by a private passenger auto, pickup truck or van.
In Connecticut, the funeral expense benefit under workers compensation coverage for an employee is: $4,000. Usual and customary. $5,000. $9,000.
$4,000 -The funeral expense benefit is $4,000. In addition, the deceased's dependents will receive 75% of his or her average weekly wage. Compensation for a spouse stops when the spouse dies or remarries. Compensation for a minor dependent stop when the dependent reaches age 18, or age 22 if the child is a full-time student. For any child that is physically or mentally incapacitated from earning, the child's right to compensation will continue for the full period of incapacity.
If, after a hearing, the Commissioner determines that a person charged has unintentionally engaged in an unfair method of competition or an unfair or deceptive act or practice, the Commissioner may order a penalty of not more than _____ for each and every act or violation.
$5,000 -The penalty for an unintentional violation is $5,000 not to exceed an aggregate penalty of $50,000 in any six-month period. The Commissioner may also suspend or revoke the person's license and order restitution.
The named insured is an auto dealer with a single insured location. Physical damage coverage under the insured's garage policy is written on a reporting basis. On the date of the insured's last report, the value of covered autos at the insured's location was $400,000; the insured's report on that date showed values of $300,000. A covered loss occurs, with damage totaling $80,000. How much of this loss will the garage insurer pay? $80,000 $60,000 $40,000 $0
$60,000 -The insured will suffer a penalty equal to the percentage of the under reporting of the inventory bears to the actual inventory. The insured reported 25% less than the actual inventory and would be paid $60,000 instead of the $80,000 loss.
Homeowners policies will provide which of the following for personal property located in a self-storage facility? Full Coverage C limit $2,500 10% of the Coverage C limit $5,000
10% of the Coverage C limit -The Homeowners forms will limit coverage for personal property at self-storage facilities up to 10% of the Coverage C limit, or $1,000 whichever is higher.
Brian Hendricks is adequately insured with a Homeowner Policy containing a requirement to carry at least 80% of replacement cost value. If he suffered a partial loss to his dwelling structure he would be able to collect which of the following percentages of loss? 75% 90% 100% 80%
100% -Since the insured is complying with the 80% clause, Brian is entitled to be paid for the entire loss less the deductible.
If an enrollee has been admitted to an acute care facility, how long does the utilization review company have to respond to the attending physician's request for a review of a previous decision? 48 hours 3 hours 3 days 3 months
3 hours. -If the enrollee's life is in danger or other serious medical consequences could occur if the patient is discharged or treatment delayed, the attending doctor can submit for an expedited review by the utilization review company. If the doctor has no response to his request after three hours, the request is considered approved.
In Connecticut, if an insurer intends to cancel a personal or commercial insurance policy, how many days advance notice must be sent to the first named insured? 30 days 45 days 15 days 10 days
30 days
Under the HO-3 Policy if an insured suffers a fire loss to his residence, what extra amount of insurance is provided for debris removal if needed? $1,000 Actual incurred cost of removal up to the limit of the dwelling 10% of the total coverage in effect 5% of the Coverage A limit
5% of the Coverage A limit -Coverage for debris removal is found under the Additional Coverages portion of the policy. In addition to the total limit indicated under the dwelling coverage an additional 5% of that amount is available for debris removal.
In order for a leased car to be considered "owned" under the personal auto policy, the lease must be in writing and for least: One year 18 months 6 months 3 months
6 months -The vehicle must be leased for six continuous months.
Insurers intending to nonrenew a property or liability policy on a commercial or personal risk in Connecticut, must send the named insured a notice of nonrenewal at least _____ days in advance of the expiration date of the policy. 45 30 60 90
60
In Connecticut a company intending to cancel a Homeowner policy must send the insured an advance notice of the action ____ days in advance. 10 15 30 45
A 30-day notice of cancellation is required for the cancellation of a Homeowner policy.
The Homeowners Policy excludes liability coverage for which of the following motorized vehicles owned by an insured? Residence Service Vehicle A four wheeler operated on the insured's premises A Snowmobile operated off the insured's premises Wheelchair
A Snowmobile operated off the insured's premises -The only recreational vehicle that is covered off the insured location and is designed for off road use is a golf cart while being used to play golf.
Which of the following terms would describe a situation where a building is not a total loss but the cost to repair the building is greater than the value of the building? A constructive total loss. A constructive partial loss. A loss of market value loss. A loss where debris removal may be more than the policy coverage provided.
A constructive total loss -This is an example of a constructive total loss. The loss is too great to rebuild the structure.
Bill Walters is named in the "drive other car" endorsement attached to the business auto policy of his brother, John Walters, and a premium is shown in the endorsement for liability coverage. Which of the following vehicles would be covered autos under the "drive other car" endorsement? -A van being driven by Bill. The van is owned by Kathy Webster. -A station wagon being driven by Tanya Walters, Bill's wife. She and Bill live together and she owns the station wagon. -A pickup being driven by Bill as part of his job in a repair garage. The truck is owned by Ted Armor, Bill's boss. -A sedan being driven by Bob Walter's, Bill's son. The car belongs to Bill.
A van being driven by Bill. The van is owned by Kathy Webster.. -Bill is covered while driving the van owned by Kathy Webster. He is specifically named on the endorsement. The purpose of this endorsement is to extend the BAP coverage for Bill while he is operating another auto. The other situations would not be covered.
Which of the following relieves the financial burden on the claimant by making certain payments to the claimant even before the claim is negotiated? Partial Release Payment Advance Payment.
Advance Payment -Most adjusters are given the authority to make advance payments when liability is clear. This relieves the financial burden on the claimant when funds are needed immediately. The remainder of the claim is negotiated and settled at a later date.
A Commercial General Liability policy issued to Martin Wright as the sole owner of a business may cover which of the following additional persons? Jasper Jones, an employee of Martin's business. Arthur Wright, Martin's grown son, also an employee of Martin's business. Marcia Wright, Martin's wife, who works in the business. All three of the listed people would be covered.
All three of the listed people would be covered. -The policy provides coverage for individual proprietorships and includes the spouse as an insured. Employees are also insureds under the policy while acting within the scope of their duties.
Of the following businesses, which one is NOT eligible for a Businessowners Policy? Pizza Restaurant Beauty Parlor Auto dealer
An auto dealership -Auto dealerships are not eligible for the BOP. The Garage policy would cover these risks and includes special coverages for the automobiles on a dealership lot for sale, and customers' cars left for repair or service. The barbershop, beauty salon, and pizza parlor would qualify for the BOP.
A power surge sparks a small electrical fire in an office building. The electrical fire triggers the automatic sprinkler system and the water from the sprinklers, soaks the carpet and shorts-out all the computers, causing thousands of dollars in damage. The office must close for two months during repairs. The cost of renting a temporary office space while the physical damage to the office building is repaired is considered: An indirect loss. A physical loss. A direct loss. An occurrence.
An indirect loss. -An indirect loss is created when a direct loss has created a situation when damaged property cannot be used. The cost of renting temporary office space because the damaged space is unusable, is an indirect loss, sometimes known as a consequential loss.
Tom Smith was at-fault in an automobile accident. Which of the coverages listed would apply to the lost wages incurred by a passenger injured in the other vehicle? Bodily Injury Liability Property Damage Liability Additional (supplementary) payments Medical Payments
Bodily Injury Liability. -Lost wages are also known as "compensatory damages" and are sometimes called "special damages." These are expenses where the dollar costs are readily apparent such as lost wages, medical expenses, etc. They are covered under the bodily injury coverage.
An auto physical damage loss has occurred. The insured and insurer cannot agree on the value of the loss. Each hires their own appraiser. They cannot agree. What is the next step that could be taken to resolve the issue? A law suit Ask the court for a ruling Bring in an umpire Ask for a third appraisal of the property
Bring in an umpire -The auto policy contains an appraisal clause to help resolve this problem. In case the appraisers cannot agree, each party splits the cost of hiring an umpire to assist in the mitigation of the claim.
All of the following are true regarding the arbitration process in an auto loss in Connecticut, EXCEPT: -Decisions favoring the complainant may include loss of use and storage. -Claims must be paid within 15 business days of receipt of the decision -Interest at the rate of 10% of the award must be included. -The insurance department will keep a record of each arbitration award
Claims must be paid within 15 business days of receipt of the decision -With in 10 days of the receipt of the arbitrator's decision
All of the following defines claims covered under the CGL policy for products/completed operations, EXCEPT: -Includes claims caused by faulty products that occur away from the premises owned or operated by the insured. -Covers claims for products manufactured on the insured's premises. -Covers products consumed on or off the insured's premises. -Covers operations while being currently performed by the insured.
Covers operations while being currently performed by the insured. -"Product" claims are covered if they occur on or away from the premises owned or operated by the insured if the claim is caused by a faulty product consumed by the claimant. If injuries occur while operations are being performed, it is considered to be an "operations" liability claim.
Which of the following is the provision in a liability policy that allows an insured to report incidents or circumstances that result in claims being filed in the future? Defense Within Limits provision. Other Insurance provision. Supplementary Payments provision. Discovery provision.
Discovery provision. -The Discovery provision allows an insured to report incidents or circumstances that may result in a claim being filed in the future. This provision is found mainly in liability policies with "claims-made" coverage triggers.
All of the following are excluded under the Commercial Crime "Inside the Premises - Theft of Money and Securities" insuring agreement, EXCEPT: Dishonest acts of customers. Fire. Vandalism. Accounting errors.
Dishonest acts of customers -Fire, vandalism, and accounting errors are specifically excluded in this insuring agreement.
The "other insurance clause" is included in insurance policies to deal with: Duplicate policies. Excessive policies. Conditional coverages. Inadequate coverages.
Duplicate policies -Occasionally, more than one policy is issued to provide the same coverage on the same risk. This clause spells out the method of determining the liability of each policies in case of a loss.
Which of the following would be an example of a moral hazard? Carelessness Embezzlement Apathy Ineptitude
Embezzlement. -Embezzlement would be a deliberate act and therefore, be considered a moral hazard
Which of the following is not covered by an unendorsed HO policy? Fire Lightning Theft Flood
Flood. -All dwelling and homeowner forms exclude flood coverage.
Which of the following would be considered a consequential loss under a homeowner policy? Water damage to a house as a result of a fire A tree falling on the roof and a branch breaks a window Food spoilage in a freezer as a result of a fire in the house Smoke damage to a detached garage as a result of a fire
Food spoilage in a freezer as a result of a fire in the house -The food spoilage as a result of a covered peril cutting off the electricity would be an example of a consequential loss.
A maid in a hotel neglects to lock a guest's hotel room door after cleaning the room. Thieves enter the room and steal the guest's clothing and laptop. What Commercial Crime coverage does the hotel need to cover the loss? Kidnap/Ransom Extortion Employee Theft Guest's Property Computer Fraud
Guest's Property. -The Commercial Crime form known as "Guests Property" would cover the loss to guest's property inside the premises of the hotel.
A guest on vacation deposits cash and traveler's checks in the hotel safe deposit box located behind the front desk. When the guest attempts to retrieve them, the box is empty. What coverage is required to cover this loss for the hotel? Funds Transfer Fraud Safe Depository Guests property Kidnap/Ransom Extortion
Guests property
The insured has a per occurrence limit of $50,000. He is found liable and his insurance company pays a claim for $50,000 to Claimant A. Claimant B files suit for $100,000 for injury arising out of the same occurrence. The company: Has no obligation to defend the suit. Must defend the suit, even if it is groundless. Must still conduct an investigation. Must defend the second suit and pay all expenses.
Has no obligation to defend the suit -Once the insurer has paid their limit in a claim, they have no further obligation to the insured to pay damages or a duty to defend.
Henry is the first named insured on a $1 million Umbrella policy. His wife, Dorothy, is also an insured. Both Henry and Dorothy were sued for $1 million in separate, unrelated suits by separate third parties. Both insureds lost their suits on the same day. In this possible but rare situation, if the Umbrella policy is applicable and the self-insured retention is not applicable: -Henry will receive more protection from the policy than Dorothy because he is the first named insured. -The policy will pay $500,000 toward each award. -The policy will only honor Henry's claim because he is the first-named insured. -Henry and Dorothy would receive the same amount of coverage, and the policy could ultimately pay a total of the $2 million amount for the two awards, subject to the "aggregate limit"
Henry and Dorothy would receive the same amount of coverage, and the policy could ultimately pay a total of the $2 million amount for the two awards, subject to the "aggregate limit". -These are two separate unrelated third-party claims and each would be covered up to the policy limit provided the combined losses do not exceed the "aggregate" limit of the policy.
Which of the following would be considered a "collision" peril under auto physical damage coverage Hitting a pot hole Missile falling from the sky Striking an animal
Hitting a pot hole
A homeowner with personal property insured for $60,000 had a fire which destroyed everything. The total value of the personal property at the time of the loss was only $50,000. What principle would be violated if her insurer paid her more than $50,000? Indemnity Negligence Liability Other Insurance
Indemnity -Under the principle of indemnity insurance should not pay for more than the actual loss sustained by the insured, even if the policy limit is higher than the loss amount or if there is more than one policy applying to the loss.
In claims settlement, an open-ended release: Refers to all releases. Is a release involving an attorney. Is a conditional, or partial release. Refers to a release where all claims expenses are paid.
Is a conditional, or partial release. -An example would be where the insurance company agrees to pay some additional bills when they become available. These additional bills are viewed as part of the settlement agreement. Open-ended releases are generally subject to specific time and monetary limits.
Under an HO-3, the limit for Coverage C -- Personal Property for a one or two family dwelling: Must be arranged separately. Is set at 50% of Coverage A unless a higher limit is requested. Is set at 100% of Coverage A. Depends on the rating territory.
Is set at 50% of Coverage A unless a higher limit is requested. -Under an HO-2, HO-3, and HO-5, Coverage C is set at 50% of Coverage A - Dwelling, unless a higher limit is requested. This applies to a one or two family dwelling. The percentages are different for a three or four family dwelling.
Which of the following statements is true regarding personal auto coverage? -Medical Payments Coverage pays the insured and others without regard to fault. -Liability Coverage pays the insured and others without regard to fault. -Liability Coverage pays for damage or injury to others regardless of legal liability. -Medical payments only cover injury to third parties.
Medical Payments Coverage pays the insured and others without regard to fault. -Auto medical payments under the personal auto policy pay for injuries sustained by the insured and others regardless of fault.
Which of the following statements is FALSE concerning covrerage under the Business Auto policy? Medical payments coverage is automatically provided. It may be used to cover specifically described autos only. If written to cover "any auto", non-owned and hired autos are automatically covered. Whether newly acquired autos are automatically covered depends upon the applicable coverage symbol.
Medical payments coverage is automatically provided. -Medical payments coverage is an optional coverage (and not automatically provided) for private passengers autos under the BAP.
Which of the following liability coverages may require the insured's consent before the insurance company settles and pays a loss? Medical professional liability Automobile Products Contractual
Medical professional liability -This usually applies to medical professional liability insurance. Today, most companies do not include this clause in their policies.
An insured owns a motorcycle, a moped and a motor home. What endorsement is added to the personal auto policy to provide coverage? Recreational Vehicle endorsement Miscellaneous Type Vehicle endorsement A separate endorsement for motorhomes called the Motorhome endorsement All-Terrain Vehicle endorsement
Miscellaneous Type Vehicle endorsement.
Overinsurance can create a: -Morale hazard for the insured, because it may create apathetic disregard to loss prevention. -Moral hazard for the insured, because it may motivate them to intentionally cause a loss to make a profit. -Physical hazard because the insured is unmotivated to repair items that may result in a bodily injury loss. -Reason for the insurance company to suspend insurance coverage without the return of any premium
Moral hazard for the insured, because it may motivate them to intentionally cause a loss to make a profit -Overinsurance creates a moral hazard for the insured because it can provide a reason for the insured to intentionally create a loss in which he or she can profit.
The HO-3 provides "special limits" of coverage for certain items of personal property. These do not include: Motorized land vehicles Trailers Jewelry Watercraft
Motorized land vehicles. -Motorized land vehicles do not have a special limit. Only those motorized vehicles that pertain to the service of the residence premises are covered. Recreational motorized vehicles must be separately insured.
While stopped in traffic at a red light your car is hit in the rear by Mr. Jones. The damage to your car would be addressed by which of the following coverages? Your collision insurance only. Your comprehensive only. Mr. Jones property damage liability and your collision insurance. Mr. Jones property damage liability only.
Mr. Jones property damage liability and your collision insurance. -If Mr. Jones is negligent his policy should pay for the damage under his property damage coverage. The insured can also request payment under his collision insurance and let his insurer subrogate against Mr. Jones.
Which of the following would NOT be covered under employee dishonesty? Dishonest acts of partners Loss resulting from fraudulent use of warehouse receipts Loss resulting from trading in the insured's genuine name None of these losses are covered
None of these losses are covered -There are several exclusions applying to employee theft in crime insurance policies, including dishonest acts of the owners, partners, or members, and losses resulting from trading or from fraudulent or dishonest use of warehouse receipts.
What is the minimum number of employees that must be covered by an employer in Connecticut for workers compensation benefits? One or more Two or more Three or more Four or more
One or more
The penalty for failure to satisfy a coinsurance requirement of a property insurance policy is: Only a portion of a partial loss will be paid. No coverage will be in effect in the event of a total loss. There will be no coverage in the event of a partial loss. Only a portion of the policy limit will be paid if there is a total loss.
Only a portion of a partial loss will be paid. -If the insured's policy contains a coinsurance clause and the insured carries less than 80% of the value of the property, a penalty will occur in case of partial losses. The insured can always insure for more than 80% of the value of the property.
Which of the following statements correctly applies to a named perils policy? -Only the perils described in the declarations are covered. -All direct damage to property is covered, unless the policy specifically excludes the peril. -Only the perils listed by name are covered under the policy. -All indirect damage to property is covered.
Only the perils listed by name are covered under the policy. -Only the perils listed by name in the cause of loss form are covered perils. A loss by a peril that is not named would not be covered. Under a named peril policy the burden of proof is on the insured to prove that one of the named perils caused the loss.
Which of the following would be considered "general damages"? Lost wages Medical expenses Pain and suffering Vocational rehabilitation
Pain and suffering -General damages reimburse an injured party for intangible, non-economic items such as pain and suffering.
Medical coverage under a personal auto policy will cover the insured if he/she is injured while: Passenger on a streetcar Passenger on a bus Passenger on a subway Passenger on an airplane
Passenger on a bus -Personal auto medical coverage is available to the policyholder or a family member (resident relative) injured while occupying, or as a pedestrian, struck by a motor vehicle or trailer designed for use on public roads. It also covers any other persons while they are occupying your motor vehicle. It does not cover injuries sustained while riding in vehicles not intended for use on public roads such as trains, subways and airplanes
Which of the following is not an "additional coverage" under Homeowners Liability -- Section II coverage? Payments made by the insurer to settle a claim. Interest accruing after a legal judgment is entered. The insurer's costs to investigate a claim. Damage to Property of Others.
Payments made by the insurer to settle a claim -Settlements paid by the insurer come from the limits of liability shown on the Declarations page and are not an "additional coverage."
If there were other existing insurance, coverage under crime insurance would be: Primary Pro rated Excess Excluded
Pro rated. -Crime insurance has the "other insurance clause" which states that the coverage would be pro-rated between the other insurance coverage if the other insurance is subject to the same terms and conditions. The insurer will only pay its share of the loss.
Which type of damages is not intended to indemnify the plaintiff? Special damages Punitive damages General damages Compensatory damages
Punitive damages -Punitive damages are awarded in cases of gross negligence for the purpose of punishing the defendant. Special and general damages are types of compensatory damages, which are intended to indemnify the plaintiff.
Claims expenses under Section II -- Personal Liability of the Homeowners forms do NOT include which of the following? Investigation costs. Premiums on bonds required in a suit the company defends. Relocation expenses. Reasonable expenses incurred at the company's request.
Relocation expenses -Claims expenses do not include relocating expenses.
According to the definitions section of the homeowner policy, "one family dwelling, other structures or grounds" also means the: Insured premises Dwelling Residence premises Other structures
Residence premises.
After an auto collision loss an insurance company may elect to pay the insured's claim and take possession of the vehicle. This practice is referred to as: Salvage. Subrogation. Warranty. Deductible.
Salvage -Once the insurer has paid a total loss on an auto the salvage belongs to the insurer.
An adjuster has uncovered some discrepancies in matters pertaining to a claim, and is unable to contact the insured to discuss these matters. What should the adjuster do in this situation? -Send a reservation of rights letter to the insured's last known address. -Deny the claim. -Do nothing until the insured can be contacted. -Pay the claim and give the insured the benefit of the doubt.
Send a reservation of rights letter to the insured's last known address. -In this case the adjuster should send a reservation of rights letter to the insured's last known address to preserve the rights of the insurer
If the insured covered under a personal automobile policy sues an uninsured motorist and then obtains a judgment: -The company is bound by the decision of the court. --The company is not bound by the decision of the court, unless the company has given the insured written consent to sue. The company is bound by the decision of the court only if it falls within the limits of the policy. -None of the responses are correct.
The company is not bound by the decision of the court, unless the company has given the insured written consent to sue. -The policy stipulates and excludes the following: "If that 'insured' or the legal representative settles the 'bodily injury' claim without our (the insurer's) consent."
A public adjuster represents the interest of: The insurer The insured The employer The interest of the general public
The insured
When an insured is fulfilling the duty of proving a loss by taking an inventory of the damaged property, who pays the expenses incurred by the insured?
The insured
Which statement is true about the limits of liability under a Commercial General Liability policy? -The limits of liability are the maximum amounts to be paid in the event of a covered loss. -The limits of liability are not part of reserves for pending claims. -If the limits of liability are insufficient, they can be increased at the time of loss. -The limits of liability represent payments made under the Supplementary Payments coverage.
The limits of liability are the maximum amounts to be paid in the event of a covered loss.
An insured has purchased a "claims-made" CGL policy to replace an "occurrence" policy that was previously carried. The new "claims-made" policy contains a retroactive date of 01/01/14. A claim that occurred 12/15/13 would be denied under the "claims-made" form for which of the following reasons? -The retroactive date eliminates coverage for claims occurring before the date. -"Claims-made" coverage has more exclusions. -The previous "occurrence" form should provide the coverage for the claim. -The insured would have to purchase the laser beam endorsement for coverage to apply.
The retroactive date eliminates coverage for claims occurring before the date -Claims-made coverage applies only to those claims that occur after the retroactive date and are "made" during the policy period. The previous "occurrence" form should provide the coverage if the type of claim presented is covered by the policy, however, this would not be a correct answer because the question asks "why the "claims-made" policy would not cover the claim.
The HO-6 policy provides full replacement cost coverage if it is rendered a total loss by fire, EXCEPT: -The structure portion occupied by the insured as a residence -Improvements and betterments made to the structure by the insured -Structures owned by the insured other than the residence -Replacement cost coverage does not apply under the HO-6 form
The structure portion occupied by the insured as a residence. -The HO-6 condominium policy does not provide coverage for the structure. It insures the interior furnishings and contents and provides liability protection to the condominium owner. Separate structures such as a private garage would be covered for replacement cost coverage if added to the policy. Replacement cost coverage would have to be added separately to cover the contents.
Which of the following best describes the purpose of an "insuring agreement"? To describe the promises of the insurer and the insured and the coverages provided To identify the named insured To explain the duties of the named insured To set forth the conditions and exclusions
To describe the promises of the insurer and the insured and the coverages provided. -Insuring agreements are the promises or obligations of the insurer and the insured. In property insurance, it also contains the coverage the insured has purchased.
What is the purpose of an adjuster's interim report? To report on the ongoing status of the claim. To render a final opinion on the claim. To provide the status on all releases. To provide final estimates of the damages claimed.
To report on the ongoing status of the claim.
What is the time limit for filing a law suit involving an automobile accident resulting in bodily injury (personal injury) in Connecticut? One Year Two Year Three Year Never
Two years. -For claims involving bodily injury in an auto accident, the statute of limitations is two years. For other tort claims, the time limit is three years. Products liability would be an example of other tort claims.
Emily owns a home that she has covered under a Homeowners policy. Because Emily lives alone, she had to leave her home and stay with her parents for the past six months while she recovers from major surgery. Except for the day-to-day items that Emily needs while she stays at her parents' home, all of her other belongings are still located in her home. Which of the following best describes the condition of Emily's home? Deserted. Unoccupied. Vacant. Empty.
Unoccupied -For insurance purposes, a home is "unoccupied" if no one is actually living in the home, but personal property is still located in the home.
The newer CGL form now includes as insured's which of the following? Volunteer Employees People not employed by the insured who help to load and unload trucks by hand Employees of Sub-contractors Owners of boats rented by the insured for business use
Volunteer Employees. -The new form now includes volunteer workers as insureds while acting in that capacity.
