IDAHO PROPERTY CASUALTY UPDATED
EXAM TEST PAPER QUESTIONS AND
ANSWERS SURE A+
✔✔Which of the following cannot be covered with a CPP?
A. products liability
B. independent contractors liability
C. employer's liability
D. none of the above - ✔✔C. employer's liability
A CPP can include a CGL, which provides coverage for products likability and
independent contractors liability. Employer's liability is section 2 or work comp. Work
comp is not one of the policies that can be purchased under a CPP.
✔✔The minimum flood insurance deductible is:
A. $100
B. $250
C. $500
D. $1,000 - ✔✔D. $1,000
✔✔Personal injury liability covers each of these EXCEPT:
A. slander
B. discrimination
C. wrongful eviction
D. malicious prosecution - ✔✔B. discrimination
Personal injury will cover things like wrongful arrest, false imprisonment, malicious
prosecution, libel, slander, and wrongful entry or eviction. However, discrimination is an
exclusion from the personal injury coverage.
, ✔✔Restoring the insured to the financial condition prior to a loss is:
A. peril
B. illegal
C. indemnification
D. direct loss - ✔✔C. indemnification
Indemnification is making whole but not coming out ahead. Another way of saying that
is that the insured is being restored to the financial condition that existed prior to the
loss occurring.
✔✔The primary concept behind insurance is:
A. transfer of risk
B. risk elimination - ✔✔A. transfer of risk
✔✔Auto med pay:
A. covers any pedestrians hit by the insured's auto
B. is required by both federal and state law
C. pays medical and funeral expenses for the insured and any passengers in the
insured's auto
D. pays regardless of coverages in other policies - ✔✔C. pays medical and funeral
expenses for the insured and any passengers in the insured's auto
With auto insurance, med pay covers the insured and passengers in the insured's auto.
This is a bit different because most casualty policies cover the "other guy" with med
pay, but not with the auto policy. However, mad pay won't allow stacking policy
coverages to come out ahead. Med pay is usually an optional coverage.
✔✔Each of the following will be paid by a CGL (commercial general liability) EXCEPT:
A. bodily injury liability
B. property damage liability
C. legal expenses
D. employer's liability - ✔✔D. employer's liability
✔✔Important sources of insurability information used by an underwriter may include
each of the following EXCEPT:
A. a physical inspection
B. the applicant's marital status
C. the application
D. credit reports - ✔✔B. the applicant's marital status
EXAM TEST PAPER QUESTIONS AND
ANSWERS SURE A+
✔✔Which of the following cannot be covered with a CPP?
A. products liability
B. independent contractors liability
C. employer's liability
D. none of the above - ✔✔C. employer's liability
A CPP can include a CGL, which provides coverage for products likability and
independent contractors liability. Employer's liability is section 2 or work comp. Work
comp is not one of the policies that can be purchased under a CPP.
✔✔The minimum flood insurance deductible is:
A. $100
B. $250
C. $500
D. $1,000 - ✔✔D. $1,000
✔✔Personal injury liability covers each of these EXCEPT:
A. slander
B. discrimination
C. wrongful eviction
D. malicious prosecution - ✔✔B. discrimination
Personal injury will cover things like wrongful arrest, false imprisonment, malicious
prosecution, libel, slander, and wrongful entry or eviction. However, discrimination is an
exclusion from the personal injury coverage.
, ✔✔Restoring the insured to the financial condition prior to a loss is:
A. peril
B. illegal
C. indemnification
D. direct loss - ✔✔C. indemnification
Indemnification is making whole but not coming out ahead. Another way of saying that
is that the insured is being restored to the financial condition that existed prior to the
loss occurring.
✔✔The primary concept behind insurance is:
A. transfer of risk
B. risk elimination - ✔✔A. transfer of risk
✔✔Auto med pay:
A. covers any pedestrians hit by the insured's auto
B. is required by both federal and state law
C. pays medical and funeral expenses for the insured and any passengers in the
insured's auto
D. pays regardless of coverages in other policies - ✔✔C. pays medical and funeral
expenses for the insured and any passengers in the insured's auto
With auto insurance, med pay covers the insured and passengers in the insured's auto.
This is a bit different because most casualty policies cover the "other guy" with med
pay, but not with the auto policy. However, mad pay won't allow stacking policy
coverages to come out ahead. Med pay is usually an optional coverage.
✔✔Each of the following will be paid by a CGL (commercial general liability) EXCEPT:
A. bodily injury liability
B. property damage liability
C. legal expenses
D. employer's liability - ✔✔D. employer's liability
✔✔Important sources of insurability information used by an underwriter may include
each of the following EXCEPT:
A. a physical inspection
B. the applicant's marital status
C. the application
D. credit reports - ✔✔B. the applicant's marital status
