Learn As You Go! Flashcards
Which endorsement can be added to business owners policy that would cover them for a power companies transformer being destroyed
Utility service time element endorsement
Wait so established based on the similarities of the risks are known as
Manual rates
Which federal act provides benefits To injured civilians who are employed by the federal government
Federal employees compensation act
Which of the following would be included in the farm liability coverage forms
Bodily injury to resident employee
What is the term for the entity that an agent represents regarding contractual agreements with third parties?
designee
insured
principal
client
Principal
When an insurer cancels an auto policy for an allow reason they must give notice to the named insured apostle Paul eligibility for coverage through the Pennsylvania auto insurance plan unless the reason for cancellation is
Non-payment of premium
When an insured makes truthful statements on the application for insurance and pays the required premium it is known as which of the following?
consideration
legal purpose
contract of adhesion
acceptance
Consideration because they gave each other something
I feel like this person moved to Pennsylvania wants to get license in Pennsylvania how many days do they have to submit an application
90 days
And a foreign policy which of the following coverages would be impressed the insured for loss of rental income falling damage to the insured dwelling
Coverage D loss of use
Extended non-own coverage endorsement in a PAP broadens which of the following coverages?
physical damage
liability medical payments
transportation expenses
uninsured motorist
Liability medical payments
For how long after the death of a named insured must basic property insurance continue coverage
180 days
A business using its own trucks to move it on cargo would ensure the cargo using what form?
Motor carrier form
Trip transit coverage
Motor truck cargo owners form
Motor truck cargo truckers form
Motor truck cargo owners form
When ensure cancels midterm and commercial property or casualty insurance policy for an allowable reason they must send and deliver a notice of cancellation how many days in advance
60 days
In a dwelling policy which of the following is true regarding personal liability coverage?
It does not cover medical payments to others
It is included in our dwelling policy’s
It is the same as in homeowners policies
It must be added as a supplement or written as a separate policy
It must be added as a supplement or written as a separate policy
A situation in which a person can only those I have no change represents:
Pure risk
speculative risk
Adverse selection
Hazard
Pure risk
If a person is using an auto with the belief that he’s entitled to do so subrogation rights under a personal auto policy would apply to all coverages except:
No-fault medical payments
Liability
Physical damage
Uninsured motorist
Physical damage
Which of the following regulatory authorities participated in creating the national do not call registry
FTC the federal trade commission
A claim is considered to have been made when:
When a notice is received and recorded by the insurer
When notice is received and recorded by insured or the insurer which ever comes first
When received in writing or telephonically by the insurer
When notice is received by insured
When notice is received and recorded by insured or the insurer which ever comes first
Which of the following pairs is covered by HO2 and H03?
War
Sudden and accidental future of heating system
Loss due to power interruption
Food
Sudden and accidental future of heating system
Ocean marine policy is commonly referred to the person covered by the policy as the
Assured
Master
Policy owner
Inchmaree
Assured
What type of information would be found in a policy ensuring agreement?
Insurers address
Renewal dates
location of premises
policy limits
Renewal dates
Which of the following samples used in business auto coverage is correctly described?
Symbol 7 hired autos only
Symbol 9 non owned autos only
Symbol 1 owned auto only
Symbol 2 owned autos subject to no fault
Symbol 9 non owned autos only
Under the commercial property coverage program the basic causes of loss form insurance against loss caused by:
Sprinkler leakage
earth movement
nuclear hazard
power failure off the premises
Sprinkler leakage
Producer has successfully completed 52 hours of CE how many hours can a party supply to the curb. And how many hours can she carry forward
24 hours to the current reporting. And 24 can be applied to the next one the other four hours will not be carried over
