100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Practice Test For Personal Lines, Codes And Ethics Questions And Answer With Verified Solutions Already Passed!!! $12.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. Personal Lines
  4.  
  5. Personal lines

Exam (elaborations)

Practice Test For Personal Lines, Codes And Ethics Questions And Answer With Verified Solutions Already Passed!!!
 6 views  0 purchase
  • Course
  • Personal lines
  • Institution
  • Personal Lines

Practice Test For Personal Lines, Codes And Ethics Questions And Answer With Verified Solutions Already Passed!!!

Preview 3 out of 25  pages

Document information

  • October 2, 2024
  • 25
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • practice test for personal lines codes and ethics
  • boatowner policy would apply in which situation
  • under a typical homeowners policy coverage c is c
  • which of the following types of personal property

Written for

  • Personal lines
  • Personal lines

Seller

avatar-seller
classhub

Reviews received

Content preview

Practice Test For Personal Lines, Codes
And Ethics Questions And Answer With
Verified Solutions Already Passed!!!
Boatowner policy would apply in which situation - ANSWERS✔✔an unofficial
race or speed constest


Which Commercial Inland Marine Form covers maps, mortgages and abstracts? -
ANSWERS✔✔


Under a typical homeowners policy, Coverage C is called: -
ANSWERS✔✔personal property coverage


A self-insured retention acts as a deductible and applies to claims covered by an
umbrella policy, but excluded by an underlying policy in a personal umbrella. The
S.I.R. ranges from $250 to: - ANSWERS✔✔$1000


Concerning the law of large numbers which of the following is true? -
ANSWERS✔✔


The maximum limit for a residential structure covered by flood insurance is: -
ANSWERS✔✔


Which of the following types of personal property would NOT be covered under a
homeowners policy? - ANSWERS✔✔pets


What covers merchandise being shipped across oceans? - ANSWERS✔✔Hull
Coverage

,Which of the following would NOT be a vehicle eligible for coverage under a
P.A.P.: - ANSWERS✔✔Pick up truck


Which of the following would NOT be eligible for coverage under a homeowner's
policy? - ANSWERS✔✔


Coverage for the fair rental value of insured property can be found in which
homeowners policy coverage section? - ANSWERS✔✔Coverage D - Loss of Use
of Living Space


A contract in which one seeks to indemnify another against loss, damage or
liability is a definition of: - ANSWERS✔✔insurance


The standard amount of coverage of homeowners insurance for other structures is
typically for what percentage of the dwelling amount? - ANSWERS✔✔10%


In which of these cases is there an insurable interest? 1. An insured in his own life,
2. A businessman in the life of his business partner, 3. An employee in the life of
his employer, 4. A husband in the life of his spouse. - ANSWERS✔✔


The Coverage C limit is typically what percentage of the Coverage A amount
under a homeowners policy? - ANSWERS✔✔50%


What perils are covered by the Standard Fire Policy: - ANSWERS✔✔


As defined in the homeowners policy, real property would NOT include which of
the following? - ANSWERS✔✔Land

, Which of the following would not be eligible for coverage under a personal auto
policy? - ANSWERS✔✔a


What is hazard? - ANSWERS✔✔


Every insured item may suffer a loss. Each item insured is referred to as: -
ANSWERS✔✔


Life - ANSWERS✔✔includes annuities


Fire - ANSWERS✔✔includes commercial property, homeowners, and dwelling
policies


Surety - ANSWERS✔✔Guarantee of payment of one party for the fulfilment of
obligation of a second party:bond


disability - ANSWERS✔✔includes all forms of health insurance, and disability
income and this covers of the event of illness, injury, or death for those who cannot
work


plate class - ANSWERS✔✔coverage of the breaking os glass, frames and lettering


Workers Compensation - ANSWERS✔✔payment of compensation to those
injured or sick while under employment

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller classhub. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78834 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.99
  • (0)
  Add to cart