Property and Casualty Practice PSI Exam
k k k k k
$1,000k-kANS-WhichkofkthekfollowingkiskthekstandardkamountkofkCoveragekA-
dwellingkprovidedkbykthekHO-6kUnit-OwnerskPolicy?
-$500
-$1,000
-$5,000
-$10,000
$100,000k-kANS-
Ankinsuredkwithksplitkliabilityklimitskofk100/300/100kiskatkfaultkinkankautomobilekaccidentkandkthekother
kvehicleksustainsk$6,500kinkpropertykdamageskaskwellkasktwokoccupantskhavekbodilykinjurykandkarekc
laimingk$150,000keach.kWhatkiskthekmostkinsurancekwillkpayktokeachkoccupant?
-$100,000
-$150,000
-$200.000
-$300,000
$2,500k-kANS-HomeownerkFormkHO-
2kprovideskcoveragekforklosskofkappliances,kcarpeting,kandkotherkhouseholdkfurnishingskforkakmaxim
umkofkhowkmuch?
-$500
-$2,500
-$3,000
-$4,500
168khoursk-kANS-Aksinglekearthquakekconstituteskallkshockskthatkoccurkwithinkwhichktimekperiod?
-16
-24
-48
-168
20k%k-kANS-
WhichkofkthekfollowingklimitskofkinsurancekonkthekdwellingkarekavailablekandkapplyktokCoveragekD-
FairkRentalkValue?
-10k%
-15k%
-20k%
-25k%
,Akcrewkmemberkofkankoceankgoingkvesselk-kANS-
Forkthekpurposekofkworkers'kcompensationkinsurancekallkofkthekfollowingkareksubjectktokthekworkers'k
compensationklaws,keitherkaskankemployerkorkemployeekEXCEPT:
-Ankinsurancekagent
-Akbuildingkcontractor
-Thekemployeekofkakpartykstore
-Akcrewkmemberkofkankoceankgoingkvessel
akvolunteerkworkerk-kANS-
Whichkofkthekfollowingkpersonskiskcoveredkforkaccidentalkinjurykonkthekinsured'skpremiseskunderkthek
commercialkgeneralkliabilitykmedicalkpayments?
-aktenantkofkthekpremises
-ankemployeekofkthekinsured
-personkinjuredkinkwarfare
-akvolunteerkworker
afterkakcarkcrashkyoukhavektokrentkakreplacementkvehiclek-kANS-
AllkofkthekfollowingkarekexampleskofkdirectklosskEXCEPT:
-afterkakcarkcrashkyoukhavektokrentkakreplacementkvehicle
-akfirekdestroyskyourkpersonalkpropertykinkyourkrentalkapartment.
-akthiefktakeskyourkcomputerkfromkyourklocker.
-aktruckkthrowskakstonekandkcrackskyourkwindshield.
Arbitrationk-kANS-
Whichkpolicykconditionkiskinvokedkwhenkpartiesktokankinsuredklosskcannotkagree?
-Arbitration
-Assignment
-Liberalization
-Subrogation
attorneyk-kANS-
WhichkofkthekfollowingkprofessionalskwouldkpurchasekErrorskAndkOmissionskinsurancektokmanagekth
ekliabilitykriskkassociatedkwithktheirkbusinesskendeavors?
-attorney
-caregiver
-doctor
-fireman
, Autoknotktitledktokankinsuredkbutkavailablekforkregularkusekofknamedkinsuredkorkfamilykmemberk-
kANS-
AllkofkthekfollowingkdescribekaknonownedkautokunderkthekcommercialkautokpolicykSymbolk9kEXCE
PT:
-Autoknotktitledktokankinsuredkbutkavailablekforkregularkusekofknamedkinsuredkorkfamilykmember
-Nonownedkautokiskdesignatedkforkliabilitykcoveragekonly
-Includeskautoskownedkbykemployeeskbutkusedkinkthekinsured'skbusiness
-Autoskusedkinkthekinsured'skbusinesskthatkareknotkleased,khired,krented,korkborrowed.
Builderskfloaterkformk-kANS-
AllkofkthekfollowingkarekthekmostkcommonlykusedkpersonalkinlandkmarinekformskEXCEPT:
-Personalkpropertykform
-Personalkarticleskform
-Builder'skfloaterkform
-Personalkeffectskform
Burningkdebrisknearkthekbuildingkonkakcalmksunnykdayk-kANS-
Whichkofkthekfollowingkhazardskiskankexamplekofkakphysicalkhazard?
-Burningkdebrisknearkthekbuildingkonkakcalmksunnykday
-Leavingkthekshedkunlockedkatknightkbecausekcontentskarekinsured
-Backingkintokthekgaragekdoorkbecausekyoukwantkinsurancektokpaykforkaknewkone
-Leavingkthekkeyskinkthekcarkandkdoorskunlocked
BusinesskIncomekCoveragekformsk-kANS-
Whichkcoveragekformskarekusedkwhenkthekinsuredksustainsklosskofkrevenuekduektokdirectkphysicalk
losskfromkakperilkinsuredkagainstkthatkforceskthekinsuredktoksuspendkoperationskduringkthekperiodko
fkrestoration?
-CauseskofkLosskforms
-BusinesskIncomekCoveragekforms
-Suspensionkforms
-CommercialkCasualtykforms
CarpetkCleaningkafterkakwaterkmainkbreakk-kANS-
Whichkofkthekfollowingkwouldktriggerkcoveragekunderkbusinesskincomekformkwithkextrakexpensekcov
erage?
-Carpetkcleaningkafterkakwaterkmainkbreak
-Employeekpaykafterkakbuildingkstructurekiskdamaged
-Buildingkinspectorskfeeskafterkakloss
-Unitkrentkwhenktenantkiskliable
Certificatek-kANS-
Whichkdocumentkwouldkaklenderkaskkankinsuredkforkaskevidencekthatkakpolicykhaskbeenkwritten?
k k k k k
$1,000k-kANS-WhichkofkthekfollowingkiskthekstandardkamountkofkCoveragekA-
dwellingkprovidedkbykthekHO-6kUnit-OwnerskPolicy?
-$500
-$1,000
-$5,000
-$10,000
$100,000k-kANS-
Ankinsuredkwithksplitkliabilityklimitskofk100/300/100kiskatkfaultkinkankautomobilekaccidentkandkthekother
kvehicleksustainsk$6,500kinkpropertykdamageskaskwellkasktwokoccupantskhavekbodilykinjurykandkarekc
laimingk$150,000keach.kWhatkiskthekmostkinsurancekwillkpayktokeachkoccupant?
-$100,000
-$150,000
-$200.000
-$300,000
$2,500k-kANS-HomeownerkFormkHO-
2kprovideskcoveragekforklosskofkappliances,kcarpeting,kandkotherkhouseholdkfurnishingskforkakmaxim
umkofkhowkmuch?
-$500
-$2,500
-$3,000
-$4,500
168khoursk-kANS-Aksinglekearthquakekconstituteskallkshockskthatkoccurkwithinkwhichktimekperiod?
-16
-24
-48
-168
20k%k-kANS-
WhichkofkthekfollowingklimitskofkinsurancekonkthekdwellingkarekavailablekandkapplyktokCoveragekD-
FairkRentalkValue?
-10k%
-15k%
-20k%
-25k%
,Akcrewkmemberkofkankoceankgoingkvesselk-kANS-
Forkthekpurposekofkworkers'kcompensationkinsurancekallkofkthekfollowingkareksubjectktokthekworkers'k
compensationklaws,keitherkaskankemployerkorkemployeekEXCEPT:
-Ankinsurancekagent
-Akbuildingkcontractor
-Thekemployeekofkakpartykstore
-Akcrewkmemberkofkankoceankgoingkvessel
akvolunteerkworkerk-kANS-
Whichkofkthekfollowingkpersonskiskcoveredkforkaccidentalkinjurykonkthekinsured'skpremiseskunderkthek
commercialkgeneralkliabilitykmedicalkpayments?
-aktenantkofkthekpremises
-ankemployeekofkthekinsured
-personkinjuredkinkwarfare
-akvolunteerkworker
afterkakcarkcrashkyoukhavektokrentkakreplacementkvehiclek-kANS-
AllkofkthekfollowingkarekexampleskofkdirectklosskEXCEPT:
-afterkakcarkcrashkyoukhavektokrentkakreplacementkvehicle
-akfirekdestroyskyourkpersonalkpropertykinkyourkrentalkapartment.
-akthiefktakeskyourkcomputerkfromkyourklocker.
-aktruckkthrowskakstonekandkcrackskyourkwindshield.
Arbitrationk-kANS-
Whichkpolicykconditionkiskinvokedkwhenkpartiesktokankinsuredklosskcannotkagree?
-Arbitration
-Assignment
-Liberalization
-Subrogation
attorneyk-kANS-
WhichkofkthekfollowingkprofessionalskwouldkpurchasekErrorskAndkOmissionskinsurancektokmanagekth
ekliabilitykriskkassociatedkwithktheirkbusinesskendeavors?
-attorney
-caregiver
-doctor
-fireman
, Autoknotktitledktokankinsuredkbutkavailablekforkregularkusekofknamedkinsuredkorkfamilykmemberk-
kANS-
AllkofkthekfollowingkdescribekaknonownedkautokunderkthekcommercialkautokpolicykSymbolk9kEXCE
PT:
-Autoknotktitledktokankinsuredkbutkavailablekforkregularkusekofknamedkinsuredkorkfamilykmember
-Nonownedkautokiskdesignatedkforkliabilitykcoveragekonly
-Includeskautoskownedkbykemployeeskbutkusedkinkthekinsured'skbusiness
-Autoskusedkinkthekinsured'skbusinesskthatkareknotkleased,khired,krented,korkborrowed.
Builderskfloaterkformk-kANS-
AllkofkthekfollowingkarekthekmostkcommonlykusedkpersonalkinlandkmarinekformskEXCEPT:
-Personalkpropertykform
-Personalkarticleskform
-Builder'skfloaterkform
-Personalkeffectskform
Burningkdebrisknearkthekbuildingkonkakcalmksunnykdayk-kANS-
Whichkofkthekfollowingkhazardskiskankexamplekofkakphysicalkhazard?
-Burningkdebrisknearkthekbuildingkonkakcalmksunnykday
-Leavingkthekshedkunlockedkatknightkbecausekcontentskarekinsured
-Backingkintokthekgaragekdoorkbecausekyoukwantkinsurancektokpaykforkaknewkone
-Leavingkthekkeyskinkthekcarkandkdoorskunlocked
BusinesskIncomekCoveragekformsk-kANS-
Whichkcoveragekformskarekusedkwhenkthekinsuredksustainsklosskofkrevenuekduektokdirectkphysicalk
losskfromkakperilkinsuredkagainstkthatkforceskthekinsuredktoksuspendkoperationskduringkthekperiodko
fkrestoration?
-CauseskofkLosskforms
-BusinesskIncomekCoveragekforms
-Suspensionkforms
-CommercialkCasualtykforms
CarpetkCleaningkafterkakwaterkmainkbreakk-kANS-
Whichkofkthekfollowingkwouldktriggerkcoveragekunderkbusinesskincomekformkwithkextrakexpensekcov
erage?
-Carpetkcleaningkafterkakwaterkmainkbreak
-Employeekpaykafterkakbuildingkstructurekiskdamaged
-Buildingkinspectorskfeeskafterkakloss
-Unitkrentkwhenktenantkiskliable
Certificatek-kANS-
Whichkdocumentkwouldkaklenderkaskkankinsuredkforkaskevidencekthatkakpolicykhaskbeenkwritten?
