Pennsylvania Public Adjuster Examination--Series 16-19 Set 4
Pennsylvania Public Adjuster Examination--Series 16-19 Set 4
Study online at https://quizlet.com/_5d0pkr
1. Under an airport premises policy, all of the follow- A. A passenger slips on ice on
ing are excluded, EXCEPT: a step. A passenger slips on a
Answer Choices: step in the airport, this would
A. A passenger slips on ice on a step. be covered because the cover-
B. Damage to the runway. age applies to premises liabili-
C. Admitted liability. ty.
D. Rental of a replacement aircraft.
2. A licensee in Pennsylvania must report to the Insur- A. 30 days
ance Department any administrative action taken
against the licensee in another state or by another
governmental agency in Pennsylvania within _____
of the final disposition of the matter.
Answer Choices:
A. 30 days
B. 10 days
C. 6 months
D. 15 days
3. The Equipment Breakdown policy (formerly called B. The policy pays replacement
Boiler & Machinery) provides for replacement cost only if the repairs are made
coverage in case of a covered claim. Under what within twenty four months of
conditions would the insurer only pay actual cash the accident. The valuation
value in case of a loss? clause provides for replace-
Answer Choices: ment cost coverage on all
A. Only if the policy is endorsed to provide ACV property, except if repair or re-
coverage placement is not made with-
B. The policy pays replacement only if the repairs in 24 months of the date of
are made within twenty four months of the acci- the accident, actual cash val-
dent. ue will be paid. (The 2013
C. The policy will pay replacement cost as long as Equipment Breakdown forms
the repairs are expedited regardless of a time limit.
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Page 1 of 8
, Pennsylvania Public Adjuster Examination--Series 16-19 Set 4
Pennsylvania Public Adjuster Examination--Series 16-19 Set 4
Study online at https://quizlet.com/_5d0pkr
D. The policy always provides replacement cost cov- increased this time limit from
erage in case of a covered claim. 18 months to 24 months.)
4. Barry's insured watercraft is disabled while on the B. $180 because the de-
lake one Sunday afternoon. His motor completely ductible does not apply to the
stopped and will not start again. Barry calls George, coverage. The policy will pay
a mechanic who rides out to the section of the $180 under the "Towing and
lake where Barry and his boat are stranded. George Assistance Expense" coverage
brings a new starter for the engine and spends because the deductible does
the next hour replacing it. When George is finished not apply to the coverage and
installing the new starter, the engine still sputters pays up to $500.
and will not start. Barry then calls a towing service
to tow the boat back to the dock and into storage
where George can take a closer look. Barry's Water-
craft policy has a $250 deductible. The cost of the
starter was $80 and the towing bill was $100. How
much will Barry's standard Watercraft policy pay
under the "Towing and Assistance Expense" cover-
age, assuming this is the only occurrence Barry has
claimed during the current policy period?
Answer Choices:
A. $100 because this coverage only applies to the
towing bill.
B. $180 because the deductible does not apply to
the coverage.
C. $0 because Barry's deductible is higher than the
entire bill for parts and towing.
D. $80 because this coverage only applies to parts
that are purchased in an attempt to get the water-
craft running again.
5.
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Pennsylvania Public Adjuster Examination--Series 16-19 Set 4
Study online at https://quizlet.com/_5d0pkr
1. Under an airport premises policy, all of the follow- A. A passenger slips on ice on
ing are excluded, EXCEPT: a step. A passenger slips on a
Answer Choices: step in the airport, this would
A. A passenger slips on ice on a step. be covered because the cover-
B. Damage to the runway. age applies to premises liabili-
C. Admitted liability. ty.
D. Rental of a replacement aircraft.
2. A licensee in Pennsylvania must report to the Insur- A. 30 days
ance Department any administrative action taken
against the licensee in another state or by another
governmental agency in Pennsylvania within _____
of the final disposition of the matter.
Answer Choices:
A. 30 days
B. 10 days
C. 6 months
D. 15 days
3. The Equipment Breakdown policy (formerly called B. The policy pays replacement
Boiler & Machinery) provides for replacement cost only if the repairs are made
coverage in case of a covered claim. Under what within twenty four months of
conditions would the insurer only pay actual cash the accident. The valuation
value in case of a loss? clause provides for replace-
Answer Choices: ment cost coverage on all
A. Only if the policy is endorsed to provide ACV property, except if repair or re-
coverage placement is not made with-
B. The policy pays replacement only if the repairs in 24 months of the date of
are made within twenty four months of the acci- the accident, actual cash val-
dent. ue will be paid. (The 2013
C. The policy will pay replacement cost as long as Equipment Breakdown forms
the repairs are expedited regardless of a time limit.
1/8
Page 1 of 8
, Pennsylvania Public Adjuster Examination--Series 16-19 Set 4
Pennsylvania Public Adjuster Examination--Series 16-19 Set 4
Study online at https://quizlet.com/_5d0pkr
D. The policy always provides replacement cost cov- increased this time limit from
erage in case of a covered claim. 18 months to 24 months.)
4. Barry's insured watercraft is disabled while on the B. $180 because the de-
lake one Sunday afternoon. His motor completely ductible does not apply to the
stopped and will not start again. Barry calls George, coverage. The policy will pay
a mechanic who rides out to the section of the $180 under the "Towing and
lake where Barry and his boat are stranded. George Assistance Expense" coverage
brings a new starter for the engine and spends because the deductible does
the next hour replacing it. When George is finished not apply to the coverage and
installing the new starter, the engine still sputters pays up to $500.
and will not start. Barry then calls a towing service
to tow the boat back to the dock and into storage
where George can take a closer look. Barry's Water-
craft policy has a $250 deductible. The cost of the
starter was $80 and the towing bill was $100. How
much will Barry's standard Watercraft policy pay
under the "Towing and Assistance Expense" cover-
age, assuming this is the only occurrence Barry has
claimed during the current policy period?
Answer Choices:
A. $100 because this coverage only applies to the
towing bill.
B. $180 because the deductible does not apply to
the coverage.
C. $0 because Barry's deductible is higher than the
entire bill for parts and towing.
D. $80 because this coverage only applies to parts
that are purchased in an attempt to get the water-
craft running again.
5.
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