PROPERTY & CASUALTY QUESTIONS GA EXAM
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The arbitration clause in a B. The insured and an injured 3rd party cannot reach
personal auto policy an agreement regarding the settlement of a claim.
would be used in which
of the following
circumstances?
A. The ins company and a
pedestrian struck by the
insured's auto cannot
reach an agreement
regarding the settlement
of a claim.
B. The insured and an
injured 3rd party cannot
reach an agreement
regarding the settlement
of a claim.
C. The court have ruled
against an injured 3th
party.
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Which of the following B.Fidelity
bonds protects an
employer fro the actions
of dishonest employees?
A. Surety
B. Fidelity
A dwelling has been A. Vandalism
vacant for more than 60
consecutive days. Which
of the following would
most likely NOT be
covered?
A. Vandalism
B. Smoke
C. Fire
D. Falling Objects
While in her backyard, A. Operations exposure
Susan injuries her foot on
a rake left by her
landscapers. What part of
the CGL policy will
protect the owner of the
landscaping company?
A. Operations exposure
B. Products Liability
C. Completed operations
liability
D. Premises exposure
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Premium computation is B. Part 5
found in which section of
the workers'
compensation policy?
A. Part 3
B. Part 5
C. Part 1
D. Part 2
Once an injured D. executive remedy
employee has received
benefits provided under
workers' compensation,
that employee may not
file a suit against her
employer to gain
additional benefits. This is
the def. of
A. Contributory
negligence
B. the fellow servant rule
C. Assumption of risk
D. Exclusive remedy
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The purpose of the basic D. Coverage for events that have happened after
extended reporting the retroactive date, but which were not within
period in a commercial 60days of policy expiration
general liability (CGL) "
claims-made" policy is to
provide
A. additional time for the
insured to make monthly
reports of information for
rating purposes
B. coverage for events
that have happened
before the policy
became effective
C. coverage for events
that happened up to 5yrs
after a claims-made
policy has expired
D Coverage for events
that have happened after
the retroactive date, but
which were not within
60days of policy
expiration
What is the purpose of B. Pay for benefits that are normally required by
the employer's liability state workers' comp laws
section of a workers'
comp plicy ( part 2) ?
A. pay for lawsuits filed
by an employer
B. Pay for benefits that
are normally required by
state workers' comp laws
C. Pa for 3rd-party claims
filed against a negligent
employer
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