Unit 10 quiz

Which section of the CPP varies based on the lines of coverage included?

A ) Declarations **B) The coverage parts C) Conditions D) Exclusions

Which of the following is NOT eligible for coverage in a CPP?

A) Commercial building **B) Workers' compensation C ) CGL - Commercial General Liability D) Risks eligible for the homeowners program

following are commercial casualty coverage forms EXCEPT

A) farm liability **B) ocean marine C) general liability D) crime

Which of the following conditions states that the first-named insured is authorized to make changes in the terms of the policy with the consent of the insurance

**A ) Changes condition B ) inspections and surveys condition c ) cancellation condition D) Transfer of your rights and duties under this policy condition

Which of the following coverages is NOT eligible for the commercial package policy (CPP)?

**A ) Commercial aviation coverage B ) Commercial property coverage C ) Commercial crime coverage D ) Commercial auto coverage

Which of the following statements concerning the commercial package policy is NOT correct?

**A) The CPP can only include property and liability coverage B ) A complete CPP includes common policy declarations, common policy conditions, and the CPP Coverages. C) Almost all commercial risks are eligible for coverage under the commercial package policy D ) The insured can choose a variety of eligible commercial coverages needs

Which general form contains information about who is insured, when he is insured, and for what lines?

A ) Common policy conditions B ) Common policy cover page **C ) common policy declarations D) Common policy exclusions

Endorsements that may be used with more than one line of insurance are also known as

A) monoline endorsements B ) biline endorsements C ) dual - line endorsements ** D) interline endorsements

The name that is listed first in the declarations and who is assigned certain responsibilities is

A) the business B ) the insurer C ) the legal representative **D) the first-named insured

The two forms that are always included in the CPP are the common policy conditions and

A) the common coverage parts **B ) the common policy declarations C) the interline endorsements D) the common policy exclusions