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PSI PRACTICE QUESTIONS PROPERTY CASUALTY EXAM QUESTIONS WITH COMPLETE SOLUTIONS VERIFIED 2024. $8.99
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PSI PRACTICE QUESTIONS PROPERTY CASUALTY EXAM QUESTIONS WITH COMPLETE SOLUTIONS VERIFIED 2024.
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PSI PRACTICE QUESTIONS PROPERTY CASUALTY EXAM QUESTIONS WITH COMPLETE SOLUTIONS VERIFIED 2024. An insured operates a auto repair shop and has a garage coverage form with garagekeepers insurance when an employee on a test drive with a customer's car is involved in a crash. How will the customer's c...

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  • May 26, 2024
  • 13
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

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  • psi practice questions property casualty exam ques

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  • PSI PROPERTY CASUALTY
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PSI PRACTICE QUESTIONS PROPERTY CASUALTY EXAM QUESTIONS

WITH COMPLETE SOLUTIONS VERIFIED 2024.

An insured operates a auto repair shop and has a garage coverage form with

garagekeepers insurance when an employee on a test drive with a customer's car

is involved in a crash. How will the customer's car be covered by the insured's

policy?

The customer's car is covered for any physical damage while in the custody of the

insured.

Liability arising out of any of the following is excluded from the personal and

advertising injury liability coverage EXCEPT

unknowingly inflicting injury that violates the rights of another.

A bank customer's identity was compromised and the thieves made numerous

purchases from a retailer by signing the customer's checks. When the bank

refused to make payment for the goods, the retailer brought suit against the bank.

Which coverage indemnified the bank for liability in the suit?

forgery and alteration

Workers' compensation coverage is rated on the basis of which of the following?

employer's payroll

Which of the following is the party who agrees to be responsible for loss in the

case of a fidelity bond?

the surety

The insured carries underinsured motorists coverage limits of 250/500/250 on his

automobile policy and his vehicle is struck by an at fault motorist who insures

, with the State minimum for liability of 20/40/10. If the insured brings suit for

bodily injury damages to himself of $500,000, how much will he recover from at

fault driver's policy?

$20k

Under the commercial general liability which one of the following is covered

under supplementary payments?

cost of bail bonds

When the insured's child spills red juice on the carpet of insured's covered

automobile, which of the following coverages will apply?

comprehensive

Which of the following best describes the commercial general liability?s general

aggregate annual limit as it applies to the coverage parts of the CGL?

Coverage A, B, and C apply in sum and are the most that will be paid subject to the

general aggregate annual limit.

Under liability coverage which of the following will trigger coverage for property

damage?

unintended damage to tangible property of others

All of the following are exclusions are found under the personal auto policy Part

A liability coverage, EXCEPT

bodily Injury to an insured's nonresident family member or relative.

All of the following specify limits of insurance for the commercial general liability

EXCEPT

legal defense.

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