Property and Casualty Practice exam

The bodily injury per person

An automobile policy has limits of 100/300/50. The number 100 represents?

a loss resulting from gambling

Which of the following is NOT considered an insured peril? loss of revenue caused by the temporary closing of business following a covered loss. A loss that results from a fire that starts when lightning strikes a barn. An injury to a customer who falls on a wet floor of a local grocery store. A loss resulting from gambling.

A customer service representative who solicits no more than one policy a year

Which of the following would be required to become licensed as an insurance producer? -A customer service representative who solicits no more than one policy a year -Agency supervisor whose actions do not include selling insurance -A person whose activities are limited to insurance advertising -An officer of an insurer who does not receive commissions

Punitive Damages

which type of damages is intended as a form of punishment for negligent, willful, or outrageous intent?

Umbrella Liability

A liability policy that provides increased limits and expanded coverage over underlying casualty coverages is called?

Employment practices liability

An executive is accused of sexual harassment. What type of coverage would respond?