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Personal Lines Insurance - Iowa License Exam Manual Questions And Answers With Verified Solutions Already Passed!!! $13.99   Add to cart

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Personal Lines Insurance - Iowa License Exam Manual Questions And Answers With Verified Solutions Already Passed!!!

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  • Course
  • Personal lines
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  • Personal Lines

Personal Lines Insurance - Iowa License Exam Manual Questions And Answers With Verified Solutions Already Passed!!!

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  • October 2, 2024
  • 29
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Personal lines
  • Personal lines
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Personal Lines Insurance - Iowa License
Exam Manual Questions And Answers
With Verified Solutions Already
Passed!!!
The Dwelling Policy covers... - ANSWERS✔✔Property coverage only


A Dwelling policy would NOT cover... - ANSWERS✔✔A dwelling with more
than four apartments


Dwelling policies could NOT be used to insure... - ANSWERS✔✔a dwelling with
more than five boarders


Property eligible for the Dwelling Policy may include... - ANSWERS✔✔dwellings
having up to five apartments


The Dwelling Policy would NOT cover an incidental business such as a -
ANSWERS✔✔woodworking business in the garage


Insured persons under the Dwelling Policy include - ANSWERS✔✔the named
insured's spouse only while living in the same household


Coverage A - Dwelling under the Dwelling Policy does NOT cover -
ANSWERS✔✔detached garages


Personal property coverage under the Dwelling Policy is paid on what basis -
ANSWERS✔✔Actual Cash Value

,Personal property coverage under the Dwelling Policy at a new residence location
applies for... - ANSWERS✔✔30 days


Coverage C - Personal Property under the Dwelling Policy excludes or limits all of
the following property EXCEPT - ANSWERS✔✔Rowboats and canoes located on
the premises


The Basic Dwelling Form DP-1does NOT cover... - ANSWERS✔✔Falling
Objects


The Dwelling Form Basic DP-1 "extended coverage perils" would NOT include... -
ANSWERS✔✔collapse


Volcanic eruption under the Dwelling Policy does NOT cover -
ANSWERS✔✔land tremors


Multiple volcanic eruptions within what period of time are considered as one
occurence? - ANSWERS✔✔72 hours


Vandalism and malicious mischief does not cover damage to a building vacant
more than - ANSWERS✔✔60 consecutive days


The Dwelling Broad Form DP 2 provides coverage on - ANSWERS✔✔A named
peril basis on the dwellings


The Dwelling Broad from DP - 2 does NOT cover - ANSWERS✔✔international
loss

, The Other Coverages of the Dwelling Basic Form includes trees, shrubs, plants, or
lawns up to what maximum amount per tree or shrub? - ANSWERS✔✔$500


What of the following Dwelling Forms provides coverage for risk of direct
physical loss unless the loss is excluded? - ANSWERS✔✔Dwelling Policy Special
Form


The Dwelling Policy Special Form includes... - ANSWERS✔✔damage caused by
burglars in attempt to steal property


The Dwelling Special Form DP-3 covers... - ANSWERS✔✔volcanic eruption


The "Other Insurance" clause provides for distributing insurance among two or
more insurers on a.. - ANSWERS✔✔pro-rata basis


Following agreement with the insurer, a loss will be paid within how many days
under the "Loss Payment" condition? - ANSWERS✔✔30 days


Mary owns a matching pair of unique hand-blown vases worth $200. Individually
the vases are worth $75 each. One of the vases is destroyed. How much will the
insurance company pay under the "pair and set" clause? - ANSWERS✔✔$75


Tom has a pair of matching engraved ivory handled pistols from Italy worth
$1,200. Individually the pistols are worth $500. One of the pistols is destroyed.
How much will the insurance company pay under the "pair and set" clause? -
ANSWERS✔✔$700

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