1|Page
MO Property and Casualty Exam, ACTUAL VERIFIED
EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS LATEST UPDATE THIS YEAR.pdf
1||NEWEST EXAM!!!
Under the commercial property coverage program, the
basic causes of loss form insures against loss caused by...
- Answer-Sprinkler leakage
The businessowners policy liability coverage will pay for
necessary medical expenses of others incurred within
what max time period? - Answer-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... - Answer-Within 45 days
In the personal auto policy, owned trailers being towed by
an insured auto are automatically covered for - Answer-
Uninsured motorist coverage, bodily injury, and property
damage
,2|Page
A basic dwelling policy automatically provides coverage
against fire, lightning, and - Answer-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? - Answer-Special
What term includes damage where the insured peril was
the proximate cause of loss? - Answer-Direct loss
In liability insurance policies, supplementary payments are
made - Answer-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? - Answer-The
mortgageholder must petition the state department of
insurance for named status
All of the following are supplemental payments found in
liability policies EXCEPT - Answer-Costs the insured
incurred in hiring an attorney
, 3|Page
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? - Answer-Liability coverage
What are the two types of compensatory damages? -
Answer-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? - Answer-Additional coverage
Which of the following policies will help an auto dealership
cover most of its liability exposures? - Answer-A garage
liability coverage
Which of the following would NOT qualify as a hired auto?
- Answer-An auto borrowed from an employee
Coverage A - Bodily Injury and Property Damage in the
CGL policy will cover - Answer-Losses due to the insured's
negligence
MO Property and Casualty Exam, ACTUAL VERIFIED
EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS LATEST UPDATE THIS YEAR.pdf
1||NEWEST EXAM!!!
Under the commercial property coverage program, the
basic causes of loss form insures against loss caused by...
- Answer-Sprinkler leakage
The businessowners policy liability coverage will pay for
necessary medical expenses of others incurred within
what max time period? - Answer-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... - Answer-Within 45 days
In the personal auto policy, owned trailers being towed by
an insured auto are automatically covered for - Answer-
Uninsured motorist coverage, bodily injury, and property
damage
,2|Page
A basic dwelling policy automatically provides coverage
against fire, lightning, and - Answer-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? - Answer-Special
What term includes damage where the insured peril was
the proximate cause of loss? - Answer-Direct loss
In liability insurance policies, supplementary payments are
made - Answer-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? - Answer-The
mortgageholder must petition the state department of
insurance for named status
All of the following are supplemental payments found in
liability policies EXCEPT - Answer-Costs the insured
incurred in hiring an attorney
, 3|Page
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? - Answer-Liability coverage
What are the two types of compensatory damages? -
Answer-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? - Answer-Additional coverage
Which of the following policies will help an auto dealership
cover most of its liability exposures? - Answer-A garage
liability coverage
Which of the following would NOT qualify as a hired auto?
- Answer-An auto borrowed from an employee
Coverage A - Bodily Injury and Property Damage in the
CGL policy will cover - Answer-Losses due to the insured's
negligence
