PERSONAL LINES FINAL EXAM QUESTIONS WITH 100- CORRECT ANSWERS-NEWEST -UPDATEGRADE A+ ASSURED .pdf

PSI Online examination NY
Insurance Property and Casualty
Practice test Questions and
Answers Updated 2026
a.BcompensateBforBactualBfinancialBlossesB-
BAnswerBPunitiveBdamagesBareBintendedBtoBdoBallBofBtheBfollowingBexcept?

a.BcompensateBforBactualBfinancialBlosses.

b.BdiscourageBothersBfromBdoingBwrong.

c.BdisciplineBtheBinsured.

d.BmakeBanBexampleBofBbadBbehavior



d.BvacantBmeansBtheBabsenceBofBpeopleBandBpropertyB-
BAnswerBWhichBofBtheBfollowingBBESTBdifferentiatesBtheBtermsBvacantBversusBunoccu
pied?

a.BvacantBmeansBinsuredBisBaBwayBforBaBperiodBofBtime

b.BvacantBmeansBtheBabsenceBofBpeople

c.BunoccupiedBmeansBabsenceBofBpeopleBandBproperty

d.BvacantBmeansBtheBabsenceBofBpeopleBandBproperty



c.BnamedBperilsB-
BAnswerBWhichBofBtheBfollowingBtypesBofBpolicyBBESTBdescribesBtheBDP-
2BbroadBformBpolicy?

a.BallBrisk

b.Bexpanded

c.BnamedBperils

d.BopenBperils

,c.BpremisesBandBoperationsB-
BAnswerBWhichBofBtheBfollowingBbusinessBliabilityBexposureBdoesBaBslipBandBfallBloss
BfallBunder?

a.BindirectBandBcontingent

b.BmedicalBexpenses

c.BpremisesBandBoperations

d.BretailBhazards



b.BindirectBlossB-
BAnswerBWhichBofBtheBfollowingBdefinesBaBlossBwhichBisBconsequentialBandBcomesBa
sBaBresultBofBanBoriginalBloss?

a.BdirectBlossB

b.BindirectBloss

c.BpartialBloss

d.BtotalBloss



b.BcompanyBhasBtheBoptionBtoBrepairBtoBpre-lossBconditionB-
BAnswerBWhichBofBtheBfollowingBsituationsBunderBdwellingBpolicyBconditionsBdescribe
BhowBtheBinsuranceBcompanyBwillBsettleBaBloss?

a.BpayBtheBfullBvalueBofBaBpairBofBearringsBwhenBonlyBoneBisBlost

b.BcompanyBhasBtheBoptionBtoBrepairBtoBpre-lossBcondition

c.BifBlossBisBcoveredBbyBotherBinsuranceBtheBotherBinsuranceBpaysBfullBloss

d.BpropertyBisBreplacedBbyBcompanyBatBfullBreplacementBvalueBatBloss



c.BinsuringByourBfriend'sBautomobileB-
BAnswerBAllBofBtheBfollowingBareBexamplesBofBinsurableBinterestBexcept?

a.BinsuringByourBhome

b.BinsuringBexpensiveBjewelry

c.BinsuringByourBfriend'sBautomobile

d.BinsuringBbusinessBpropertyByouBown

, c.BlistBtheBstateBonBtheBinformationBpageBforBotherBstates'BcoverageB-
BAnswerBWhenBanBemployerBsendsBemployeesBoutBofBstateBonBworkBrelatedBbusines
s,BwhichBofBtheBfollowingBmustBheBdoBtoBensureBtheBappropriateBworkers'Bcompensa
tionBcoverage?

a.BpurchaseBaBseparateBpolicyBforBtheBstateBinBquestion

b.BlistBtheBnamesBofBtheBemployeesBsentBoutBofBstate

c.BlistBtheBstateBonBtheBinformationBpageBforBotherBstates'Bcoverage

d.BreportBtheBworkBtoBtheBinsuranceBcompanyBasBsoonBasBitBisBcompleted



b.BHO-4B-
BAnswerBWhichBhomeownerBformBcoversBfixtures,Binstallations,BandBimprovementsBm
adeBorBacquiredBatBtheBinsured'sBexpense?

a.BHO-6

b.BHO-4

c.BHO-3

d.BHO-2



c.BlossBdueBtoBcrimeB-
BAnswerBWhichBofBtheBfollowingBwouldBbeBcoveredBbyBaBcommercialBpackageBpolicy
?

a.BsmallBtoBmediumBsizedBbusinesses

b.BoceanBmarine

c.BlossBdueBtoBcrime

d.BinjuryBtoBworkerBonBtheBjob



d.BwarrantiesB-
BAnswerBWhichBofBtheBfollowingBareBdefinedBasBaBpartBofBtheBpolicyBandBcanBvoidB
theBpolicyBifBtheyBareBbreached,BwhetherBtheBbreachBwasBintentionalBorBunintention
al?B

a.BmaterialBfacts