MAINE PROPERTY 2024
&CASUALTY ADJUSTER
EXAM PREP
ANSWER ALL QUESTIONS IN THIS SECTION
QUESTION 1
If an accidental fire causes sprinkler to go off and cause water damage, is this
covered? - ANSWERS-Always covered because fire is the proximate cause and
fire is a covered peril.
QUESTION 2
What kind of pollution is a governmental entity NOT liable for? - ANSWERS-
Pollution that is sudden and accidental
QUESTION 3
What does Garage keepers Liability cover? - ANSWERS-Other autos when in
insured's care
QUESTION 4
What are the split auto limits in Maine? - ANSWERS-50/100/25
END OF
PAGE 1
, MAINE PROPERTY 2024
&CASUALTY ADJUSTER
EXAM PREP
QUESTION 5
When an HO policy reads: "The perils listed below are covered except for ones
noted in
the exclusions below", what kind of policy is this? - ANSWERS-Named Peril
Policy
QUESTION 6
A liability issue on an employee benefit plan would be covered under what? -
ANSWERS-Fiduciary Liability
QUESTION 7
What is written document promising insurance? - ANSWERS-Binder
QUESTION 8
What is the name of the document that notes what time insurance went into effect,
name of insured's policy period, etc.? - ANSWERS-Certificate of Insurance
END OF
PAGE 2
, MAINE PROPERTY 2024
&CASUALTY ADJUSTER
EXAM PREP
QUESTION 9
What is the basis clause for insurance? - ANSWERS-Provisions in contract that all
answers form basis of the contract.
QUESTION 10
Who would be considered a foreign insurer (in Maine)? - ANSWERS-An
insurance company whose home office is in Cleveland, Ohio
QUESTION 11
When an insured has the date, time, amount an cause of loss, what is this called? -
ANSWERS-Proof of Loss
QUESTION 12
What is not considered a "personal auto"? - ANSWERS-One ton dump truck
END OF
PAGE 3
&CASUALTY ADJUSTER
EXAM PREP
ANSWER ALL QUESTIONS IN THIS SECTION
QUESTION 1
If an accidental fire causes sprinkler to go off and cause water damage, is this
covered? - ANSWERS-Always covered because fire is the proximate cause and
fire is a covered peril.
QUESTION 2
What kind of pollution is a governmental entity NOT liable for? - ANSWERS-
Pollution that is sudden and accidental
QUESTION 3
What does Garage keepers Liability cover? - ANSWERS-Other autos when in
insured's care
QUESTION 4
What are the split auto limits in Maine? - ANSWERS-50/100/25
END OF
PAGE 1
, MAINE PROPERTY 2024
&CASUALTY ADJUSTER
EXAM PREP
QUESTION 5
When an HO policy reads: "The perils listed below are covered except for ones
noted in
the exclusions below", what kind of policy is this? - ANSWERS-Named Peril
Policy
QUESTION 6
A liability issue on an employee benefit plan would be covered under what? -
ANSWERS-Fiduciary Liability
QUESTION 7
What is written document promising insurance? - ANSWERS-Binder
QUESTION 8
What is the name of the document that notes what time insurance went into effect,
name of insured's policy period, etc.? - ANSWERS-Certificate of Insurance
END OF
PAGE 2
, MAINE PROPERTY 2024
&CASUALTY ADJUSTER
EXAM PREP
QUESTION 9
What is the basis clause for insurance? - ANSWERS-Provisions in contract that all
answers form basis of the contract.
QUESTION 10
Who would be considered a foreign insurer (in Maine)? - ANSWERS-An
insurance company whose home office is in Cleveland, Ohio
QUESTION 11
When an insured has the date, time, amount an cause of loss, what is this called? -
ANSWERS-Proof of Loss
QUESTION 12
What is not considered a "personal auto"? - ANSWERS-One ton dump truck
END OF
PAGE 3
