P&C Comprehensive Exam questions
Under a Commercial Crime Bank notes
policy, the definition of
securities includes all of the
following, except:
A
Bank
notes B
Revenue
stamps C
Evidences of
debt D
Tokens
A sole proprietor with a Individual Named Insured Endorsement
Business Auto policy can add
Personal Auto coverage for
their use of a covered
private passenger auto
through which
endorsement?
A
Uninsured Motorists Coverage
Endorsement
B
Employees as Insureds
Endorsement C
Drive Other Car
Endorsement D
Individual Named Insured
Endorsement
,In order for the insured's Be out of the insured's care, custody, or control
products liability coverage
provided by their Commercial
General Liability policy to
apply, the product must:
A
Be out of the insured's care,
custody, or control
B
Pertain to real
property C
Damage the insured's
own property D
Cause injury or property damage
on the insured's premises
Liability coverage provided A guest gets the flu from an insured
by a Homeowners policy
would provide coverage for
bodily injury liability arising
out of all of the following,
except:
A
A guest gets the flu from
an insured B
A neighbor's child is bitten by
the insured's pet
C
A guest is injured by a
recreational vehicle operated
on the residence premises
D
A residence employee is injured
on the residence premises
while working
A commercial insured obtains Equal to the policy's original general aggregate limit
liability coverage through a
Commercial General Liability
policy written on the Claims-
Made Form. At the end of the
policy period, the insured
purchases the supplemental
,extended reporting period.
The general aggregate limit
that applies to claims
reported during the extended
reporting period is:
A
Equal to the policy's original
general aggregate limit
B
Equal to 200% of the
policy's original general
aggregate limit
C
Equal to the portion of the
original general aggregate
limit that remained at the end
of the policy period
D
An amount chosen by the first
named insured and approved
by the insurer
, Under the Causes of Loss - Basic Aircraft or vehicles
Form of a commercial property
policy, all of the following
perils are excluded from
coverage, except:
A
Aircraft or
vehicles B
Governmental
action C
Power
surge D
Off-premises power failure
In Illinois, which of the A licensed producer paying a commission to another licensed
following is not allowed producer who is licensed for a different class of insurance
regarding the payment of
commissions?
A
A licensed producer paying a
commission to a person who
does not sell, solicit, or
negotiate insurance in
Illinois
B
A licensed producer paying a
commission to another
licensed producer who is
licensed for the same class
of insurance C
A licensed producer paying a
commission to another
licensed producer who is
licensed for a different class
of insurance D
A licensed life producer in Illinois
paying a commission to their
subagent who is licensed in
another state
Under a Commercial Crime Bank notes
policy, the definition of
securities includes all of the
following, except:
A
Bank
notes B
Revenue
stamps C
Evidences of
debt D
Tokens
A sole proprietor with a Individual Named Insured Endorsement
Business Auto policy can add
Personal Auto coverage for
their use of a covered
private passenger auto
through which
endorsement?
A
Uninsured Motorists Coverage
Endorsement
B
Employees as Insureds
Endorsement C
Drive Other Car
Endorsement D
Individual Named Insured
Endorsement
,In order for the insured's Be out of the insured's care, custody, or control
products liability coverage
provided by their Commercial
General Liability policy to
apply, the product must:
A
Be out of the insured's care,
custody, or control
B
Pertain to real
property C
Damage the insured's
own property D
Cause injury or property damage
on the insured's premises
Liability coverage provided A guest gets the flu from an insured
by a Homeowners policy
would provide coverage for
bodily injury liability arising
out of all of the following,
except:
A
A guest gets the flu from
an insured B
A neighbor's child is bitten by
the insured's pet
C
A guest is injured by a
recreational vehicle operated
on the residence premises
D
A residence employee is injured
on the residence premises
while working
A commercial insured obtains Equal to the policy's original general aggregate limit
liability coverage through a
Commercial General Liability
policy written on the Claims-
Made Form. At the end of the
policy period, the insured
purchases the supplemental
,extended reporting period.
The general aggregate limit
that applies to claims
reported during the extended
reporting period is:
A
Equal to the policy's original
general aggregate limit
B
Equal to 200% of the
policy's original general
aggregate limit
C
Equal to the portion of the
original general aggregate
limit that remained at the end
of the policy period
D
An amount chosen by the first
named insured and approved
by the insurer
, Under the Causes of Loss - Basic Aircraft or vehicles
Form of a commercial property
policy, all of the following
perils are excluded from
coverage, except:
A
Aircraft or
vehicles B
Governmental
action C
Power
surge D
Off-premises power failure
In Illinois, which of the A licensed producer paying a commission to another licensed
following is not allowed producer who is licensed for a different class of insurance
regarding the payment of
commissions?
A
A licensed producer paying a
commission to a person who
does not sell, solicit, or
negotiate insurance in
Illinois
B
A licensed producer paying a
commission to another
licensed producer who is
licensed for the same class
of insurance C
A licensed producer paying a
commission to another
licensed producer who is
licensed for a different class
of insurance D
A licensed life producer in Illinois
paying a commission to their
subagent who is licensed in
another state
