OTL EXAM Practice Questions 2025 COMPREHENSIVE QUESTIONS AND VERIFIED ANSWERS/SOLUTIONS |MULTIPLE CHOICES |solved!!

OTL EXAM Practice Questions 2025
COMPREHENSIVE QUESTIONS AND
VERIFIED ANSWERS/SOLUTIONS
|MULTIPLE CHOICES |solved!!

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Terms in this set (41)

,Which exclusion d. Bodily injury caused by a criminal
is commonly act
found in the
personal liability
coverage of a
homeowners
policy?
a. Damage
caused to a
neighbour's home
b. Bodily injury
caused because
of negligence
c. Damage
caused to a
neighbour's
automobile
d. Bodily injury
caused by a
criminal act

,What type of a. Named perils on the building and
coverage does a contents, excluding damage while the
mobile home building is being moved.
policy provide?
a. Named perils
on the building
and contents,
excluding
damage while the
building is being
moved. Mobile
home policies
provide named
perils coverage
for the building
and contents
which is similar to
the basic
Homeowners
policy but
excludes
coverage when
the home is being
moved.
b. Named perils
on the building
and all perils on

, the contents,
because many of
the contents are
considered part
of the building.
c. Named perils
on the building
but no coverage
for the contents,
because many of
the contents are
considered part
of the building.
d. Named perils
on the contents,
but no coverage
for the building,
due to fast
depreciation.