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Pearson VUE: Property Insurance Practice Exam, Study questions insurance, Casualty FL With Solutions 100% Solved $24.99   Add to cart

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Pearson VUE: Property Insurance Practice Exam, Study questions insurance, Casualty FL With Solutions 100% Solved

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Pearson VUE: Property Insurance Practice Exam, Study questions insurance, Casualty FL With Solutions 100% Solved The National Flood Insurance Program provides coverage for losses caused by all of the following occurrences EXCEPT: A. mudslides B. runoff from heavy rain C. overflow of tidal...

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  • October 7, 2024
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Pearson VUE: Property Insurance Practice
Exam, Study questions insurance, Casualty
FL With Solutions 100% Solved

The National Flood Insurance Program provides coverage for losses caused by all of the

following occurrences EXCEPT:




A. mudslides




B. runoff from heavy rain




C. overflow of tidal waters




D. water-main breakage D




Special Form or Open Perils coverage:




A. Provides coverage against the named perils




B. Provides coverage against scheduled risks

, Pearson VUE: Property Insurance Practice
Exam, Study questions insurance, Casualty
FL With Solutions 100% Solved

C. Is limited by the named exclusions




D. Includes no exclusions C




Which of the following businesses would be eligible for a Businessowners policy?




A. Auto body shop




B. Theater




C. Branch bank




D. Barber shop D




During a tornado, a barn is destroyed when a section of its wall is blown down, knocking over a

lantern, which sets the barn on fire. The proximate cause of loss is the:

, Pearson VUE: Property Insurance Practice
Exam, Study questions insurance, Casualty
FL With Solutions 100% Solved

A. fire




B. collapse of the wall




C. tornado




D. smoke C




A fire in an insured's restaurant burns the kitchen walls and causes smoke damage to the entire

interior. Water used to extinguish the fire causes extensive damage to floors and furnishings. The

water damage is best described as:




A. a time element loss




B. a consequential loss

, Pearson VUE: Property Insurance Practice
Exam, Study questions insurance, Casualty
FL With Solutions 100% Solved
C. a direct loss




D. an indirect loss C




Which of the following terms is defined as the uncertainty of future outcome?




A. Risk




B. Hazard




C. Peril




D. Cause A




The Personal Liability section of a Homeowners policy covers which of the following options?




A. Damage to an insured's property caused by a visitor

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