Which one of the following events would be considered a robbery loss? - answer✔✔a.Money
stolen from a custodian by threat of violence even though no weapon is used.
b.Money stolen during a burglary.
c.Theft of money by an employee.
d.Disappearance of goods from the premises.
A tenant in a high risk apartment negligently starts a grease fire and causes sever smoke damage
to his/her own apartment including the hallways of the building and two other apartments. Under
which part of the liability section of his/her tenants comprehensive policy would the damage to
the two other apartments be covered? - answer✔✔a.Voluntary property damage (Coverage G).
b.Not covered.
c.Personal liability (Coverage E).
d.Loss assessment (Coverage I).
Your insured has a Tenants Comprehensive Policy through your brokerage. He has signed a
waiver which releases the landlord from liability for injury or damage occurring on the premises
being rented. A fire in the building damages your insured's contents. It is established that the
landlord was responsible for the fire. Which of the following statements is correct regarding
coverage under the policy? - answer✔✔a.The insured has violated his/her policy by waiving the
insurer's right of recovery.
b.The insurer would pay the loss but would be unable to subrogate.
c.The insurer would pay only 50% of the loss.
d.The insurer would pay the loss and subrogate since the insurer had not waived its rights.
Which one of the following is a possible affect of a co-insurance clause on the settlement of a
loss? - answer✔✔a.It may increase the amount to be paid by the insurer.
b.It may affect the third party in a liability claim.
c.It may decrease the amount to be paid by the insurer.
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