Texas Property and Casualty Exam Prep.pdf file:///C:/Users/HP/Desktop/eewwww/Texas%20Property%20and%20
Texas Property and Casualty Exam Prep
1. Under a Personal Auto policy, which of the following will be paid by supple-mentary
payments provided by Part A?
A
A $250 bail bondB
A judgment against the insured for damages related to a third party's bodilyinjury
C
Medical expenses when the insured's daughter is injured in an auto accidentD
$1,000 for loss of earnings when the insured is disabled
ANS A, A $250 bail bond
2. What is the term for continuous exposure to the same harmful conditions?A
Proximate causeB
Risk
C
AccidentD
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Occurrence
ANS D, Occurrence
3. Under a Boatowners policy, which of the following is correct about thedeductible?
A
Watercraft policies do not have a deductibleB
The policy's deductible applies per occurrenceC
The deductible only applies to liability claimsD
The policy includes one deductible for collision losses and another deductiblefor other than
collision losses
ANS B, The policy's deductible applies per occurrence
4. Under the Building and Personal Property Coverage Form, what limit ofinsurance
applies when coverage is extended to cover business personal property temporarily
away from the premises?
A
$15,000
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B
$5,000
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C
$10,000
D
$2,500
ANS C, $10,000
5. If an insured submits a fraudulent claim, the insurer may
A
Void the policy from the beginningB
Cancel the policy with 10 days' notice and retain the unearned premiumC
Cancel the policy immediatelyD
Refuse to renew the policy at the expiration of the policy period
ANS A, Void thepolicy from the beginning
6. Part Six - Conditions of a Workers' Compensation and Employers Liabilitypolicy
includes which of the following?
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