All of the following statements concering Coinsurance are true EXCEPT:
All of the follwoing are true regarding physical damage coverage EXCEPT:
A Passenger in a freind's is Injured while getting into the car. Which of the following statements would apply if both the Passnger and the driver had medical payments coverage under a personal auto policy?
The Reduction, Decrease, or dissapperance of vause of the person or property Insured in a policy by peril insured against is known as :
The common policy condition is a modular part combined with other parts to create the contract. the common policy conditions section contains provisions that are appicable to all lines of coverage that may be included in the policy. Which of the Following provisions would be found in the common policy conditions section of the policy?
in addition to the common policy conditions, all of the following conditions apply to liability coverage EXCEPT:
the war, military act, and terrorism Exclusion will only apply to an incident of terrorism in which the total of insured danage to all types of property in the united states, its territories and possessions, puerto Rico, and canada exceeds what amount?
under the commercercial crime coverage inside the premises- robbery or safe burglary of other property, what is the special per occurrence limit that applies to loss or damage to precious metals, preious and semipercious stones, perals, furs, manuscripts, drawings, or records?
on a DP-3 Dwelling Property Special form policy, the coverage provided for personal property is :
which of these is defined as the maximum limit of coverage avaliable under a liablity policy during a policy year regardless of the number of claims that may be made or the number of accidents that may occur?
an installation Floater is used to insure:
agents who persuade insureds to cancel a policy in favor of another one when it might not be in the insured's best interest are guilty of
commercial policies issued for terrm longer than one year may be cancelled by the insurer by giving notice of cancellation
a state- issued document empowring an insurance company to write contracts of insurance and perform certain business within that state is called
A person employed by an insurance company to investigate claims of physical damage to insured motor vehicles is :
when doing business in this state, an insurance company that is formed under the laws of another state is known as which type of insurer?
what is the minimum age for a person seekeing a bail agent's Licence ?
after a written binder becomes effective, one copy must be delievered either in person or by mailing first class to the insured and the insurer providing coverage under the binder within what time period ?
in Nevada , how long must producers keep records of insurance transaction under their licenses ?
A bond is written for set limit, and the surety will be liable only for this amount of limit. this limit is known as the
which of the following is NOT a primary property coverage in a homeowners coverage ?
Personal articles Floaters
Personal Property Floaters
Personal Articles Floater
Personal Effects Floater
Commercial Property Floaters
General form stuctures
coverages , including other coverages
perils insured against
Form Names/ Number Peril Types
Actual Cash Value ( ACV)
Bodily Injury Liability
Builder's Risk Coverage Form
Building And Personal Property Coverages Form
Cease and Desist Order
Certificate of Authority
Certificate of Insurance
Commissioner (Superintendent, Director )
Commercial Property Flaoters Part 2
Deposit Premium Audit
Director( commissioner, Superintendent)
Exclusive or Captive Agents
Extensions of Coveerage
which of the following is other major coverage provided by the buinessowners liability coverage form ?
with regaurds to A homeowners polciy, which coverage provides for indirect or consequential losses?
which commercial policy condition gives a insurance company the right to seek repayment of a paid claim from the third party who caused the loss?
Which of the following commercial auto coverages provides protection for most commercial auto exposures?
which of the following property coverages would provide protection to contents damaged by fire
Coverage for all of the following is found in section 1 of a homeowners policy EXCEPT:
All of the Following are essential elements of a commercial package policy (CPP) EXCEPT;
Removale coverage in the braod form dwelling policy will cover property temporaily removed from the premises to protect it for the maximum of:
Section I of a boatowners policy covers
The Most the insurer will pay for a loss under a businessowners policy is :
which of the following is covered under a dwelling policy ?
A person is required to be lisence to do which of the following?
the amount and insurer will pay under coverage D ( loss of use) depends on
coverage for terrtory of the businessowners policy (BOP) Includes all of the following EXCEPT:
Which of the following is NOT An optional coverage avaliable in a BOP?
Coverage C in homeowners policy form offers all of the following EXCEPT:
The Business pursuits endorsement under Section II of a homeowners policy will cover all of the following EXCEPT:
a general liability policy will respond to claims against an insured when bodily injury or property damage is cause by
What type of coverage does a homeowners policy include that a dwelling policy does not?
in a Personal Auto Policy, a covered auto could include all of the following EXCEPT: