MO Property and Casualty Exam
Questions with correct answers|
Updated
Which of the following personal auto coverages would pay for the insured's
travel expenses and loss of earnings while involved in the settlement process of
a covered loss?
Liability coverage
What are the two types of compensatory damages?
Special and general
Which part of an insurance policy covers claims-related expenses, reasonable
expenses incurred by an insured to protect damaged property from further loss,
or defense expenses?
Additional coverage
Which of the following policies will help an auto dealership cover most of its
liability exposures?
A garage liability coverage
, Under the commercial property coverage program, the basic causes of loss form
insures against loss caused by...
Sprinkler leakage
The businessowners policy liability coverage will pay for necessary medical
expenses of others incurred within what max time period?
1 year
The insured with a claims-made commercial general liability (CGL) policy may
request in writing claim and occurrence information from the insurer at any
time up to 60 days after the policy period ends. The insurer must provide the
information...
Within 45 days
In the personal auto policy, owned trailers being towed by an insured auto are
automatically covered for
Uninsured motorist coverage, bodily injury, and property damage
A basic dwelling policy automatically provides coverage against fire, lightning,
and
Internal explosion
Payment for medical expenses, loss of wages, funeral expenses, or the cost to
repair or replace damaged property are known as what type of compensatory
damages?
Special
Questions with correct answers|
Updated
Which of the following personal auto coverages would pay for the insured's
travel expenses and loss of earnings while involved in the settlement process of
a covered loss?
Liability coverage
What are the two types of compensatory damages?
Special and general
Which part of an insurance policy covers claims-related expenses, reasonable
expenses incurred by an insured to protect damaged property from further loss,
or defense expenses?
Additional coverage
Which of the following policies will help an auto dealership cover most of its
liability exposures?
A garage liability coverage
, Under the commercial property coverage program, the basic causes of loss form
insures against loss caused by...
Sprinkler leakage
The businessowners policy liability coverage will pay for necessary medical
expenses of others incurred within what max time period?
1 year
The insured with a claims-made commercial general liability (CGL) policy may
request in writing claim and occurrence information from the insurer at any
time up to 60 days after the policy period ends. The insurer must provide the
information...
Within 45 days
In the personal auto policy, owned trailers being towed by an insured auto are
automatically covered for
Uninsured motorist coverage, bodily injury, and property damage
A basic dwelling policy automatically provides coverage against fire, lightning,
and
Internal explosion
Payment for medical expenses, loss of wages, funeral expenses, or the cost to
repair or replace damaged property are known as what type of compensatory
damages?
Special
