California Property and Casualty Insurance Exam | Complete Exam Questions with Correct Answers (Grade A+)

California Property and Casualty
Exam Questions with Complete
Correct Answers | Grade A+



Which of the following is incorrect?




Part A covers long term care

Part A covers hospital care

Part B covers physicians

Part B requires monthly premium payments

Ans: Part A covers long term care




Medical payments coverage under the personal auto policy applies for medical bills insured

up to how long after an accident?




One year

Five years

Three years

Two years

,Ans: Three years




Workers Comp. Part. I covers:




All sums the insurer is required to pay by state law

All sums the insurer will pay when deemed necessary

All sums the insurer is required to pay by common law

All sums the insurer is required to pay by federal law

Ans: All sums the insurer is required to pay by state law




The two major sublines of general liability coverage are:




Products and completed operations

Products and completed operations and advertising liability

Premises operations and product liability

Premises/operations and products and completed operations

Ans: Premises/operations and products and completed operations




Which of the following would NOT be covered under a typical homeowners policy?

,Music CDs

Model aircraft

Dog house

Land

Ans: Land




Medi-Cal will cover what part of medicare with no premium or deductible for the eligible?




Part C

Part A

Part B

Part D

Ans: Part D




Flood insurance provided by NFIP is available for:




businesses and their contents

homes and their contents

mobile homes and condos

all of the choices

, Ans: all of the choices




Coverage under a general liability policy written for a U.S. insured would apply in Japan

under which of the following circumstance?




The insured accidentally injures another while in Japan on vacation

There is an injury resulting from the insureds product which was made in France

An individual buys the insureds product in the United States, but is injured when using the

product in Japan

The insured is flying to Japan from the United States

Ans: An individual buys the insureds product in the United States, but is injured when using

the product in Japan




Which of the following is NOT a party to a surety bond?




Surety

Principal

Bondsman

Obligee

Ans: Bondsman