100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
Texas Property and casualty insurance Exam Questions and Answers Part one Newest 2024 Questions and Answers Latest (2024 / 2025) (Verified Answers)$13.99
Add to cart
Texas Property and casualty insurance Exam Questions and Answers Pa... file:///C:/Users/HP/Desktop/New%20folder%20(2)/Texas%20Prope
Texas Property and casualty insurance Exam
Questions and Answers Part 1
1. Which of the following are the authorities that an agent can hold?
Answer Express and implied
2. Which of the following terms refers to such disabilities the loss of a limb,
hearing , or eye sight?
Answer Permanent partial disability
3. Who is NOT considered an employee in an commercial general liability
(CGL) policy?
Answer Temporary worker
4. The major portion of the premium of an equipment breakdown policy pays?-
Answer For inspections and examinations
1 of 55 10/30/2024, 10:14
,Texas Property and casualty insurance Exam Questions and Answers Pa... file:///C:/Users/HP/Desktop/New%20folder%20(2)/Texas%20Prope
5. An insured owns a building valued at $400,000. To comply with the 80%
coinsurance provision of his insurance policy, how , much should he insure the
property for?
Answer 80% of the property's replacement cost or more
6. Under the Fair Credit Reporting Act, if the consumer challenges the accu-
racy of the information contained in his or her report, the reporting agency
must
Answer Respond to the consumer's complaint.
7. All of the following are found in the declarations section of a policy EXCEPT the
Answer Exclusions.
8. The cost of restoring farm records is an additional coverage offered under a
farm policy. How much will the policy pay to restore the records?
Answer Up to $2,000
9. All of the following could be considered rebates if offered to an insured in
2 of 55 10/30/2024, 10:14
,Texas Property and casualty insurance Exam Questions and Answers Pa... file:///C:/Users/HP/Desktop/New%20folder%20(2)/Texas%20Prope
the sale of insurance EXCEPT
Answer Dividends from a mutual insurer.
10. Which of the following may be covered by electronic data processing
coverage form under an inland marine policy?
Answer a) Computer hardware that is specifically scheduled.
b) Extra expense the insured incurs to continue the business following a loss.
c) Data processing media, including magnetic tapes or paper tapes, punch cards and
discs
11. The party to a surety or fidelity bond who promises to fulfill the obligation is
the
Answer Principal
12. The transfer of money from inside a banking premises to a person other
than a messenger outside those premises or to a place outside those premis- es
is covered under which commercial crime coverage?
Answer Computer fraud
3 of 55 10/30/2024, 10:14
,Texas Property and casualty insurance Exam Questions and Answers Pa... file:///C:/Users/HP/Desktop/New%20folder%20(2)/Texas%20Prope
13. Which of the following would NOT be covered under the liability section of a
personal auto policy?
Answer Bodily injury is caused by the insured's negligence while driving a three-
wheel all-terrain vehicle.
14. When a producer holding a certificate or a broker's license has a change in
his/her residence or business address, he/she must notify the Department
4 of 55 10/30/2024, 10:14
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller NurseFerian. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.99. You're not tied to anything after your purchase.
