12/21/24, 9:13 PM CISR PERSONAL LINES MISCELLANEOUS EXAM ACTUAL EXAM 100 QUESTIONS AND CORRECT DETAILED ANSWERS …
CISR PERSONAL LINES MISCELLANEOUS EXAM
ACTUAL EXAM 100 QUESTIONS AND CORRECT
DETAILED ANSWERS WITH RATIONALES
|AGRADE
Practice questions for this set
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Studied 7 terms
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Terms in this set (90)
Skilled manual or mechanical work.
What is a trade?
Examples: Painter, Carpenter, Electrician, etc.
A vocation requiring advanced education and
training.
What is a profession?
Examples: Physician, Dentist, Attorney, Veterinarian,
etc.
An activity or pursuit in which a person is engaged; a
What is an occupation?
person's usual or principal work or business.
https://quizlet.com/987804834/cisr-personal-lines-miscellaneous-exam-actual-exam-100-questions-and-correct-detailed-answers-with-rationales-agra… 1/19
,12/21/24, 9:13 PM CISR PERSONAL LINES MISCELLANEOUS EXAM ACTUAL EXAM 100 QUESTIONS AND CORRECT DETAILED ANSWERS …
Part 1 - A business includes a trade, profession, or
occupation engaged in on a full-time, part-time, or
What are the two parts of occasional basis.
the definition of
"Business"? Part 2 - A business is any activity that is engaged in for
money or other compensation unless it is one of four
cited activities.
1 - One or more activities for which no "insured"
received more than $2,000 in the 12 months prior to
the beginning of the policy period.
2 - Volunteer activities where no compensation is
What are the four cited received other than reimbursement of expenses.
activities that can void the
definition of business? 3 - Home day care provided without compensation
even if there is a mutual exchange of day care
services.
4 - Home day care to a relative of an "insured" even if
receiving compensation for the services.
Is coverage for a loss to No - there is not a limitation or exclusion for a
the Coverage A - Dwelling dwelling with a "business" exposure.
effected by "business"
use?
What does the It automatically includes Coverage B - Other
Homeowners 3 - Special Structures coverage up to 10% of Coverage A -
Form policy automatically Dwelling limit.
include in regards to
Coverage A - Dwelling &
Coverage B - Other
Structures?
https://quizlet.com/987804834/cisr-personal-lines-miscellaneous-exam-actual-exam-100-questions-and-correct-detailed-answers-with-rationales-agra… 2/19
, 12/21/24, 9:13 PM CISR PERSONAL LINES MISCELLANEOUS EXAM ACTUAL EXAM 100 QUESTIONS AND CORRECT DETAILED ANSWERS …
1 - An other structure that is rented or held for rental
to anyone not a tenant of the dwelling unless for use
solely as a private garage.
Under the Homeowners 3
2 - An other structure with a business conducted in it.
- Special Form policy,
what three exclusions
3 - An other structure used to store "business"
apply to an other
property unless the property is both: (1) Owned solely
structure?
by an "insured" or tenant of the dwelling & (2) The
"business" property is not gaseous or liquid fuel unless
it is in a permanently installed fuel tank of a vehicle or
craft parked or stored in the structure.
What is the Structures Used to obtain coverage for an other structure that is
Rented to Others - rented to others for use as a private residence.
Residence Premises HO
04 40 endorsement used The other structure is described in the Schedule with
to obtain? a Limit of Liability.
An other structure with an eligible incidental
What is the Permitted "business" exposure typically offices, schools, or
Incidental Occupancies - studios.
Residence Premises HO
04 42 used for? The Limit of Liability & Description of Other Structure
must be shown in the Schedule.
1 - $2,500.00 for personal property used primarily for
Under a standard ISO
"business" while on the "residence premises."
Homeowners policy, what
are the two Coverage C -
2 - $1,500.00 for personal property used primarily for
Personal Property Special
"business" while away from the "residence premises"
Limits of Liability that
apply to property used
*The limitations do not apply to property used
primarily for business?
occasionally for "business."
What is the Increased To increase the Special Limit of Liability for "business"
Limits on Business (personal) property on the "residence premises" to a
Property HO 04 12 maximum of $10,000.00.
endorsement used for?
https://quizlet.com/987804834/cisr-personal-lines-miscellaneous-exam-actual-exam-100-questions-and-correct-detailed-answers-with-rationales-agra… 3/19
CISR PERSONAL LINES MISCELLANEOUS EXAM
ACTUAL EXAM 100 QUESTIONS AND CORRECT
DETAILED ANSWERS WITH RATIONALES
|AGRADE
Practice questions for this set
Learn
Studied 7 terms
Nice work, you're crushing it
Continue studying in Learn
Terms in this set (90)
Skilled manual or mechanical work.
What is a trade?
Examples: Painter, Carpenter, Electrician, etc.
A vocation requiring advanced education and
training.
What is a profession?
Examples: Physician, Dentist, Attorney, Veterinarian,
etc.
An activity or pursuit in which a person is engaged; a
What is an occupation?
person's usual or principal work or business.
https://quizlet.com/987804834/cisr-personal-lines-miscellaneous-exam-actual-exam-100-questions-and-correct-detailed-answers-with-rationales-agra… 1/19
,12/21/24, 9:13 PM CISR PERSONAL LINES MISCELLANEOUS EXAM ACTUAL EXAM 100 QUESTIONS AND CORRECT DETAILED ANSWERS …
Part 1 - A business includes a trade, profession, or
occupation engaged in on a full-time, part-time, or
What are the two parts of occasional basis.
the definition of
"Business"? Part 2 - A business is any activity that is engaged in for
money or other compensation unless it is one of four
cited activities.
1 - One or more activities for which no "insured"
received more than $2,000 in the 12 months prior to
the beginning of the policy period.
2 - Volunteer activities where no compensation is
What are the four cited received other than reimbursement of expenses.
activities that can void the
definition of business? 3 - Home day care provided without compensation
even if there is a mutual exchange of day care
services.
4 - Home day care to a relative of an "insured" even if
receiving compensation for the services.
Is coverage for a loss to No - there is not a limitation or exclusion for a
the Coverage A - Dwelling dwelling with a "business" exposure.
effected by "business"
use?
What does the It automatically includes Coverage B - Other
Homeowners 3 - Special Structures coverage up to 10% of Coverage A -
Form policy automatically Dwelling limit.
include in regards to
Coverage A - Dwelling &
Coverage B - Other
Structures?
https://quizlet.com/987804834/cisr-personal-lines-miscellaneous-exam-actual-exam-100-questions-and-correct-detailed-answers-with-rationales-agra… 2/19
, 12/21/24, 9:13 PM CISR PERSONAL LINES MISCELLANEOUS EXAM ACTUAL EXAM 100 QUESTIONS AND CORRECT DETAILED ANSWERS …
1 - An other structure that is rented or held for rental
to anyone not a tenant of the dwelling unless for use
solely as a private garage.
Under the Homeowners 3
2 - An other structure with a business conducted in it.
- Special Form policy,
what three exclusions
3 - An other structure used to store "business"
apply to an other
property unless the property is both: (1) Owned solely
structure?
by an "insured" or tenant of the dwelling & (2) The
"business" property is not gaseous or liquid fuel unless
it is in a permanently installed fuel tank of a vehicle or
craft parked or stored in the structure.
What is the Structures Used to obtain coverage for an other structure that is
Rented to Others - rented to others for use as a private residence.
Residence Premises HO
04 40 endorsement used The other structure is described in the Schedule with
to obtain? a Limit of Liability.
An other structure with an eligible incidental
What is the Permitted "business" exposure typically offices, schools, or
Incidental Occupancies - studios.
Residence Premises HO
04 42 used for? The Limit of Liability & Description of Other Structure
must be shown in the Schedule.
1 - $2,500.00 for personal property used primarily for
Under a standard ISO
"business" while on the "residence premises."
Homeowners policy, what
are the two Coverage C -
2 - $1,500.00 for personal property used primarily for
Personal Property Special
"business" while away from the "residence premises"
Limits of Liability that
apply to property used
*The limitations do not apply to property used
primarily for business?
occasionally for "business."
What is the Increased To increase the Special Limit of Liability for "business"
Limits on Business (personal) property on the "residence premises" to a
Property HO 04 12 maximum of $10,000.00.
endorsement used for?
https://quizlet.com/987804834/cisr-personal-lines-miscellaneous-exam-actual-exam-100-questions-and-correct-detailed-answers-with-rationales-agra… 3/19
