NJ STATE EXAM WITH STUDY GUIDE FX FINAL EXAM QUESTIONS PROPERTY AND CASUALTY (Q&A) 2023

Professional liability policies protect against liability resulting from - Correct Answer-A. Errors and Omissions Page 46 Mini-Tail or Extended. Page 60 - Correct Answer-B. 60 Days after expiration date Not an exclusion under auto physical damage selection. Page 28 - Correct Answer-C. Carpools Not a covered territory in the personal auto policy. Page 25 - Correct Answer-C. Mexico Which is covered under other than collision section of your auto policy. Page 26 - Correct Answer-A. Hail damage to your car Nationwide Marine Define classifies risks can be written. Page 95 - Correct Answer-B. Inland marine form Assignment provision of policy to another person without written consent page 51 - Correct Answer-A. Get permission from insurance Not something of value exchanged policy. Page 13 - Correct Answer-D. Application given to prospective insured The following are insured under auto policy EXCEPT. Page 38 - Correct Answer-B. Spouse of name insured NOT living in household Occurrence form trigger based on. Page 17 - Correct Answer-D. Date injury occurs Maximum coverage bodily injury offered by NJ Full Insurance Underwriting Association. Page 55 - Correct Answer-D. $500,000.00 Duties of insurer include all of the following EXCEPT - Correct Answer-B. Notify the insured if financial difficulty List of lines or classes of insurance for there exists no reasonable market among authorized insurers in the state. Page 61 - Correct Answer-A. Exportable ListWhich of the following best describes an insurance company that has been formed in home state? Page 99 - Correct Answer-Domestic Maximum penalty for the 1st violation of insura