Exam ACTUAL QUESTIONS AND
CORRECT ANSWERS
Anzone Property - Correct answers✔Type of property insurance covering various risks.
Causality Insurance - Correct answers✔Insurance against losses from specific causes.
Dishonest Acts - Correct answers✔Fraudulent actions by insured or representatives.
Unauthorized Transfer - Correct answers✔Illegal transfer of property without consent.
Covered Cause of Loss - Correct answers✔Events specifically included in an insurance policy.
Weather Conditions - Correct answers✔Natural phenomena affecting property and operations.
Inadequate Planning - Correct answers✔Insufficient foresight leading to property damage.
Wear and Tear - Correct answers✔Gradual deterioration of property over time.
Unfiled Forms - Correct answers✔Insurance forms not submitted for regulatory approval.
Filed Forms - Correct answers✔Insurance forms approved and filed with regulators.
, Accounts Receivable Coverage - Correct answers✔Covers uncollectible accounts due to record
loss.
Bailee's Customer Coverage - Correct answers✔Protects customer property in the bailee's care.
Furrier's Block Coverage - Correct answers✔Covers merchandise held for sale in fur business.
Warehouseman's Coverage - Correct answers✔Insures property stored in a warehouse.
Commercial Articles Form - Correct answers✔Covers commercial property in insured's custody.
Coinsurance Clause - Correct answers✔Requires property to be insured at full value.
Contractor's Equipment Floater - Correct answers✔Covers mobile equipment for contractors.
Newly Acquired Property - Correct answers✔Coverage for new property for 60 days.
Data Processing Media - Correct answers✔Includes tapes, discs, and punch cards.
Business Interruption - Correct answers✔Loss of income due to business disruption.
Extra Expense Coverage - Correct answers✔Covers additional costs to maintain operations.
Fine Arts Coverage - Correct answers✔Insures valuable art pieces against loss.