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P&C License Exam – Missouri Questions and Answers

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P&C License Exam – Missouri Questions and Answers Moral Hazard - Ans:-dishonesty or character defects in an individual that increase the chance of loss, ex: lying on app or faking a loss Morale Hazard - Ans:-carelessness or indifference to a loss because of the existence of insurance, ex: leaving door unlocked Parts of an Insurance Policy (5 Sections) - Ans:-D-I-C-E-E Declarations Insuring Agreements Conditions Endorsements Exclusions Declarations Section - Ans:--who what when and where -name, location of residence, policy period, coverages, limits of liability, deductibles ©GRACEAMELIA 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH OCTOBER 2024 Page 2/15 Insuring Agreement Section - Ans:--describes the covered perils -summarizes major promises of the policy Conditions Section - Ans:--policy provisions -rules of conduct -duties -obligations Endorsements Section - Ans:--add, modify, or take away coverage The self retention limit - Ans:-the amt of a loss that the insured must cover out of pocket, acts as a deductible unless the umbrella policy covers the excess liabilities Insurance uses the risk MGT method of ________ to spread the risk among insureds - Ans:-Transfer The tendency for higher-risk individuals to get and keep insurance. This can be avoided using the underwriting process, where insurance companies can identify high risk individuals. - Ans:-Adverse Selection Mutual Insurer - Ans:-An insurer that is owned by its policyholders, elects its own board of directors, and provides insurance to them. The policyowners participate in the operating results of the company so they are "PARTICIPATING POLICIES" ©GRACEAMELIA 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH OCTOBER 2024 Page 3/15 Fraternal Benefit Societies - Ans:-Insurance companies formed to provide insurance only for members of an affiliated lodge, religious organization, or fraternal organization Reciprocal Insurers - Ans:-unincorporated groups of people that provide insurance under a contract. Members are called subscribers and each subscriber is assessed an equal amt to pay each claim by an attorney-in-fact. Lloyd's Association - Ans:-group of individuals who share the risk and the exposure - known for insuring unusual risks like athletes arms or celebs hair Risk Retention Group - Ans:-A liability insurance company owned by its members, which are exposed to similar liability risks by virtue of being in the same business or industry.

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©GRACEAMELIA 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED

FIRST PUBLISH OCTOBER 2024




Missouri Sheriffs Association Class 266 Block
Exam 5 Study Guide Solutions


Identify the personal and uniform inspections which the patrol officer should conduct prior to leaving

home. - Ans:✔✔-Mentally prepare yourself by asking questions such as: Was there anything significant

that happened on the previous shift that may need follow-up when you get to work? What things do you

have in mind to do when you start the shift? Are there any particular people you may want to check on?

To prepare for patrol mentally, the officer should also: Try to begin each shift with a clear and open mind.

o The officer should not allow personal problems to cloud his or her thinking. Rehearse possible

scenarios in his or her mind. The officer should envision him or herself solving all problems he or she

encounters. The officer who thinks he or she will fail likely will. Arrive to work early to avoid rushing and

increasing stress.




Personal Preparation; Physically prepare yourself by checking the following: Make sure uniform is being

worn properly, including body armor. Good grooming requires the patrol officer's uniform to be: Fitted

properly, Clean (boots and brass shined), Pressed, Make sure duty weapon is loaded and reserve

ammunition is easily accessible, Make sure handcuffs and handcuff key are in working order and very




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, ©GRACEAMELIA 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED

FIRST PUBLISH OCTOBER 2024




accessible; have extra pair of cuffs and an extra key, if possible, Possess a good whistle, Possess a

dependable flashlight, Possess a baton


Identify the four sources of information which the patrol officer should use on a daily basis to maintain

an up-to-date awareness of activity in his patrol area? - Ans:✔✔-Daily crime bulletins, new wanted

bulletins, hot sheet, officers coming off previous duty.


Identify the equipment checks which a patrol officer should make prior to departing the station for his

patrol area. - Ans:✔✔-Before starting your shift, insure that you has incidental equipment needed, such

as; citation book, copy of traffic codes, updates departmental manuals, copies of report forms, extra

ammunition, small tools kit, chalk, tweezers, tape, plastic bags, first aid kit, insure vehicle lights and

sirens are functioning properly, check all fluids, check under seats for contraband.


Identify how to locate odd and even numbered addresses and identify why knowing directions and

geographical locations is important on patrol duty. - Ans:✔✔-The principle of north - by - northwest

indicates that even-numbered addresses appear on either the south or east side of the street, while odd-

numbered addresses appear on either the north or west side of the street.


Identify the purposes of roll call. - Ans:✔✔-Discuss changes in policy and procedure, discuss specific

directed patrol, disseminate crime bulletins, assess manpower, inspect uniforms and weapons.


Identify physical and mental reactions to a perceived threat. - Ans:✔✔-Problem area - any person,

object, or site that may produce a hazard to you.



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