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FX Louisiana Property commercial EXAM NEW VERSION LATEST UPDATE WITH ACCURATE ANSWERS GUARANTEED PASS BEST STUDYING MATERIAL WITH 100+ QUESTIONS$24.99
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FX Louisiana Property commercial EXAM NEW VERSION LATEST UPDATE WITH ACCURATE ANSWERS GUARANTEED PASS BEST STUDYING MATERIAL WITH 100+ QUESTIONS
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Course
FX Louisiana Property commercial
Institution
FX Louisiana Property Commercial
FX Louisiana Property commercial
EXAM NEW VERSION LATEST UPDATE 2024-
2025 WITH ACCURATE ANSWERS
GUARANTEED PASS BEST STUDYING
MATERIAL WITH 100+ QUESTIONS
Exam FX Louisiana Property commercial
EXAM NEW VERSION LATEST UPDATE 2024-
2025 WITH ACCURATE ANSWERS
GUARANTEED PASS BEST STUDYING
MATERIAL WITH 100+ QUESTIONS
Which of the following is true regarding the Fire Department Service Charge under
the Builders Risk Form?
(a) It is an additional coverage
(b) It is an automatic coverage for $500
(c) It is not available in this form
(d) It is a high-deductible endorsement
- ANSWER (a) It is an additional coverage
The Fire Department Service Charge is considered an additional amount of
insurance. Up to $1,000 coverage is included.
Coverage under the Builders Risk Form will end in all of the following situations
EXCEPT:
(a) 60 days after the construction has ended.
(b) Construction has been abandoned.
,(c) 60 days after the building became occupied.
(d) The insured has sold the property.
- ANSWER (a) 60 days after the construction has ended.
Coverage under the Builders Risk Form ends if it is abandoned without any plans
to complete it or if the insured's interest in the property ceases, or 60 days after
the building is occupied, or 90 days after construction is completed.
page 81
Farm policy coverage B - structures would pay how much for loss outside antenna,
Tower, or satellite dish?
(a) Up to $1,000
(b) ACV on date of loss
(c) Full. Replacement Cost
(d) Not more than $250
- ANSWER (a) Up to $1,000
A special limit of $1,000 per occurrence applies to such items
page ___
Which of the following covers a carrier for liability for loss to cargo while it is being
transported in a truck?
, (a) Trip Transit Policy
(b) Trucks Coverage Form
(c) Motor Truck Cargo Policy--Truckers Form
(d) Motor Truck Cargo Policy--Owners Form
- ANSWER (c) Motor Truck Cargo Policy--Truckers Form
The Motor Trucker Cargo Truckers is a liability insurance and the Owners Form is a
property coverage.
page
What is the maximum amount an insurer will pay under the equipment dealers
pollution cleanup and removal extension of an inland marine policy?
(a) $20,000 all expenses incurred during a 12-month period
(b) $5,000 for all expenses during a 12-month period
(c) $10,000 for all expenses incurred during a 12-month period
(d) $15,000 all expenses incurred during a 12-month period
- ANSWER (c) $10,000 for all expenses incurred during a 12-month period
The maximum the insurer will pay under this extension is $10,000 for all expenses
incurred during a 12-month period.
page
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