PA Property & Casualty Insurance Exam (A)
questions with correct answers
In |a |commercial |general |liability |policy |medical |payment |pay |for |medical |expenses |- |VERIFIED |
ANSWER✔✔-Without |regard |to |fault
Which |type |of |insurance |protection |guarantees |protection |against |legal |liability |from |any |risk |arising |
from |the |ownership, |maintenance, |or |use |- |VERIFIED |ANSWER✔✔-Professional |liability
In |PA, |what |is |the |minimum |amount |required |for |damages |for |liability |to |cover |motor |vehicles |
accidents? |- |VERIFIED |ANSWER✔✔-15K, |30K, |5K
Under |an |equipment |breakdown |coverage |form, |a |breakdown |would |include |- |VERIFIED |ANSWER✔✔-
Explosion |of |a |pressure |vessel
Which |of |the |following |benefits |are |not |paid |under |workers |comp |laws |- |VERIFIED |ANSWER✔✔-Pain |
and |suffering
What |is |the |effect |on |a |personal |automobile |policy |in |PA, |if |an |insured |switches |from |a |$250 |
deductible |for |a |$500 |deductible |- |VERIFIED |ANSWER✔✔-The |physical |damage |premium |is |reduced
Which |of |the |following |is |covered |under |the |builders |risk |form |- |VERIFIED |ANSWER✔✔-A |contactors |
tools
The |coverage |that |covers |beyond |the |expiration |of |a |liability |policy |written |on |a |claims |made |basis |is |
referred |to |as |- |VERIFIED |ANSWER✔✔-Extended |reporting |periods
The |main |purpose |of |the |Nationwide |Maritime |Definition |is |to |- |VERIFIED |ANSWER✔✔-Define |the |
categories |of |risk |for |which |underwriters |can |write |coverages
Which |is |not |an |exclusion |from |a |commercial |automobile |insurance |policy |- |VERIFIED |ANSWER✔✔-
Operating |a |covered |vehicle |of |a |speed |deemed |reckless |by |authorities
questions with correct answers
In |a |commercial |general |liability |policy |medical |payment |pay |for |medical |expenses |- |VERIFIED |
ANSWER✔✔-Without |regard |to |fault
Which |type |of |insurance |protection |guarantees |protection |against |legal |liability |from |any |risk |arising |
from |the |ownership, |maintenance, |or |use |- |VERIFIED |ANSWER✔✔-Professional |liability
In |PA, |what |is |the |minimum |amount |required |for |damages |for |liability |to |cover |motor |vehicles |
accidents? |- |VERIFIED |ANSWER✔✔-15K, |30K, |5K
Under |an |equipment |breakdown |coverage |form, |a |breakdown |would |include |- |VERIFIED |ANSWER✔✔-
Explosion |of |a |pressure |vessel
Which |of |the |following |benefits |are |not |paid |under |workers |comp |laws |- |VERIFIED |ANSWER✔✔-Pain |
and |suffering
What |is |the |effect |on |a |personal |automobile |policy |in |PA, |if |an |insured |switches |from |a |$250 |
deductible |for |a |$500 |deductible |- |VERIFIED |ANSWER✔✔-The |physical |damage |premium |is |reduced
Which |of |the |following |is |covered |under |the |builders |risk |form |- |VERIFIED |ANSWER✔✔-A |contactors |
tools
The |coverage |that |covers |beyond |the |expiration |of |a |liability |policy |written |on |a |claims |made |basis |is |
referred |to |as |- |VERIFIED |ANSWER✔✔-Extended |reporting |periods
The |main |purpose |of |the |Nationwide |Maritime |Definition |is |to |- |VERIFIED |ANSWER✔✔-Define |the |
categories |of |risk |for |which |underwriters |can |write |coverages
Which |is |not |an |exclusion |from |a |commercial |automobile |insurance |policy |- |VERIFIED |ANSWER✔✔-
Operating |a |covered |vehicle |of |a |speed |deemed |reckless |by |authorities
