Louisiana P&C Insurance Actual Exam |Questions
with Complete Solutions| Verified Answers| 2024-
25
What is the major difference between HO and DP policies - ✔✔Homeowners includes
liability and theft
What is the HO coverage C limit for trailers - ✔✔$1,500
What is the HO coverage C limit for theft of jewelry, furs, (semi)precious stones - ✔✔$1,500
What is the HO coverage C limit for theft of firearms - ✔✔$2,500
What is the HO coverage C limit for theft of silver(plated)ware and gold (plated) ware -
✔✔$2,500
Utility Services - Time Element - ✔✔Coverage for lost income due to interruption of
communication, power, and water services caused by damage from a covered cause (such as a
fire or windstorm) to property away from your insured premises.
Workers Comp provides what amount for burial? - ✔✔$7,500
In the event of death, Workers Comp pays what percent of employee's salary to a surviving
spouse and two children: - ✔✔66 2/3%
In the event of death with no spouse or dependent, Workers Comp pays how much to surviving
parents: - ✔✔$75,000 each parent
, In the event of death, children of the employee will receive benefits until: - ✔✔Age 18,
unless enrolled as a full-time student
Comprehensive auto coverage perils include: - ✔✔Theft
Vandalism
Fire
Natural disasters like a hurricane, tornado, flood
Falling objects (missiles)
Animal damage
A civil disturbance or Riot
On an HO policy, where would you look to find out who is "insured" on the policy, other than
the "named insured" - ✔✔Definitions
True or False: The BOP standard form covers theft - ✔✔False
"Other than collision" is included on what policy? - ✔✔Personal Auto Policy (PAP)
Boiler and Machinery endorsement covers - ✔✔Breakdown or disintegration
Property of others in the insured's care, custody or control needs what type of coverage? -
✔✔Bailee's coverage (Inland Marine)
Commercial Package Policy (PKG) allows any combination of these coverages - ✔✔Property,
CGL, Crime, BAP, Boiler & Machinery, Professional Liability, IM, Farm, EPL
BOP's inflation guard applies to which coverage - ✔✔Buildings
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