MO PROPERTY AND CASUALTY EXAM
QUESTIONS COMPLETE WITH VERIFIED
ANSWERS
\.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? - ANSWERS✔-Liability coverage
\.What are the two types of compensatory damages? - ANSWERS✔-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? - ANSWERS✔-Additional coverage
\.Which of the following policies will help an auto dealership cover most of its
liability exposures? - ANSWERS✔-A garage liability coverage
\.Under the commercial property coverage program, the basic causes of loss form
insures against loss caused by... - ANSWERS✔-Sprinkler leakage
\.The businessowners policy liability coverage will pay for necessary medical
expenses of others incurred within what max time period? - ANSWERS✔-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... - ANSWERS✔-Within 45 days
\.In the personal auto policy, owned trailers being towed by an insured auto are
automatically covered for - ANSWERS✔-Uninsured motorist coverage, bodily
injury, and property damage
\.A basic dwelling policy automatically provides coverage against fire, lightning,
and - ANSWERS✔-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? - ANSWERS✔-Special
\.What term includes damage where the insured peril was the proximate cause of
loss? - ANSWERS✔-Direct loss
\.In liability insurance policies, supplementary payments are made - ANSWERS✔-
In addition to the limit of liability
\.According to businessowners policy Section I, which of the following is NOT a
condition to be met for the terms of the policy to apply to mortgageholders? -
QUESTIONS COMPLETE WITH VERIFIED
ANSWERS
\.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? - ANSWERS✔-Liability coverage
\.What are the two types of compensatory damages? - ANSWERS✔-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? - ANSWERS✔-Additional coverage
\.Which of the following policies will help an auto dealership cover most of its
liability exposures? - ANSWERS✔-A garage liability coverage
\.Under the commercial property coverage program, the basic causes of loss form
insures against loss caused by... - ANSWERS✔-Sprinkler leakage
\.The businessowners policy liability coverage will pay for necessary medical
expenses of others incurred within what max time period? - ANSWERS✔-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... - ANSWERS✔-Within 45 days
\.In the personal auto policy, owned trailers being towed by an insured auto are
automatically covered for - ANSWERS✔-Uninsured motorist coverage, bodily
injury, and property damage
\.A basic dwelling policy automatically provides coverage against fire, lightning,
and - ANSWERS✔-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? - ANSWERS✔-Special
\.What term includes damage where the insured peril was the proximate cause of
loss? - ANSWERS✔-Direct loss
\.In liability insurance policies, supplementary payments are made - ANSWERS✔-
In addition to the limit of liability
\.According to businessowners policy Section I, which of the following is NOT a
condition to be met for the terms of the policy to apply to mortgageholders? -
