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Exam (elaborations)

Fl General Lines 2-20 Exam Questions And Correct Answers

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FL GENERAL LINES 2-20 EXAM QUESTIONS AND CORRECT ANSWERS

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Under WC if one permanently and totally disabled is suddenly able to work part-time
disability payments will:


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Paid on basis of wage loss or supplemental benefits




The general function of Inland Marine Insurance is to cover all Except

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a. Risks of transporting property
b. Any property moveable by its nature
c. Instrumentality of transportation and communication
d. HULL, CARGO, FREIGHT AND PROTECTION AND INDEMNITY




False statements made to obtain Workers Compensation benefits may result in which
maximum penalty?


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Second degree felony




Florida Value Policy Law


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If a TOTAL loss by a covered peril to a building, structure or
mobile/manufactured housing unit, the company must pay the policy
limit regardless of property value




Dwelling Property Coverage B


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Other Structures (Detached)

, The PAP endorsement that modifies the PAP to cover Named Insured and/or a family
member for autos furnished for regular use is called:


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Extended Non Owned Coverage




Fire Dept Service Charge Cov under CPP


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Covers expenses up to $1,000 based on a contract or required
ordinance.




The Business Income Coverage Form Optional Coverage - Maximum Period of
Indemnity provides:


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Policy limit/120 days maximum time period




Compare a Dwelling Policy with Personal Liability coverage, to Homeowners Section
II Liability. What do the two have in common?


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