PROPERTY AND CASUALTY
GA EXAM QUESTIONS WITH
VERIFIED ANSWERS GRADED A
⩥ Which of the following bonds protects an employer fro the actions of
dishonest employees?
A. Surety
B. Fidelity. Answer: B.Fidelity
⩥ A dwelling has been vacant for more than 60 consecutive days. Which
of the following would most likely NOT be covered?
A. Vandalism
B. Smoke
C. Fire
D. Falling Objects. Answer: A. Vandalism
⩥ While in her backyard, Susan injuries her foot on a rake left by her
landscapers. What part of the CGL policy will protect the owner of the
landscaping company?
A. Operations exposure
,B. Products Liability
C. Completed operations liability
D. Premises exposure. Answer: A. Operations exposure
⩥ Premium computation is found in which section of the workers'
compensation policy?
A. Part 3
B. Part 5
C. Part 1
D. Part 2. Answer: B. Part 5
⩥ Once an injured employee has received benefits provided under
workers' compensation, that employee may not file a suit against her
employer to gain additional benefits. This is the def. of
A. Contributory negligence
B. the fellow servant rule
C. Assumption of risk
D. Exclusive remedy. Answer: D. executive remedy
⩥ The purpose of the basic extended reporting period in a commercial
general liability (CGL) " claims-made" policy is to provide
,A. additional time for the insured to make monthly reports of
information for rating purposes
B. coverage for events that have happened before the policy became
effective
C. coverage for events that happened up to 5yrs after a claims-made
policy has expired
D Coverage for events that have happened after the retroactive date, but
which were not within 60days of policy expiration. Answer: D.
Coverage for events that have happened after the retroactive date, but
which were not within 60days of policy expiration
⩥ What is the purpose of the employer's liability section of a workers'
comp plicy ( part 2) ?
A. pay for lawsuits filed by an employer
B. Pay for benefits that are normally required by state workers' comp
laws
C. Pa for 3rd-party claims filed against a negligent employer. Answer: B.
Pay for benefits that are normally required by state workers' comp laws
⩥ Truckers who transport hazardous materials are required to have an
endorsement called
A. Form MCS-90
, B. Form W-2
C. Form MCS-70
D. Form 1099. Answer: A. Form MCS-90
⩥ Which of the following is NOT a use of auto symbols in the
commercial auto policy?
A. To determine how coverage will apply to vehicles acquired after the
policy effective date
B. To determine which rating territory applies to the covered autos
C. To custom the policy to the insured's needs by selective the
appropriate coverage. Answer: B. To determine which rating territory
applies to the covered autos
⩥ Coverage for fungi, wet rot, and bacteria on a business-owner policy
is limited to
A. 12k per policy limit
B. 15k per policy limit
C. 15k per occurrence
D. 25K per policy period. Answer: B. 15k per policy limit
⩥ The insured's property ins policy has a deductible clause. This Means
that
GA EXAM QUESTIONS WITH
VERIFIED ANSWERS GRADED A
⩥ Which of the following bonds protects an employer fro the actions of
dishonest employees?
A. Surety
B. Fidelity. Answer: B.Fidelity
⩥ A dwelling has been vacant for more than 60 consecutive days. Which
of the following would most likely NOT be covered?
A. Vandalism
B. Smoke
C. Fire
D. Falling Objects. Answer: A. Vandalism
⩥ While in her backyard, Susan injuries her foot on a rake left by her
landscapers. What part of the CGL policy will protect the owner of the
landscaping company?
A. Operations exposure
,B. Products Liability
C. Completed operations liability
D. Premises exposure. Answer: A. Operations exposure
⩥ Premium computation is found in which section of the workers'
compensation policy?
A. Part 3
B. Part 5
C. Part 1
D. Part 2. Answer: B. Part 5
⩥ Once an injured employee has received benefits provided under
workers' compensation, that employee may not file a suit against her
employer to gain additional benefits. This is the def. of
A. Contributory negligence
B. the fellow servant rule
C. Assumption of risk
D. Exclusive remedy. Answer: D. executive remedy
⩥ The purpose of the basic extended reporting period in a commercial
general liability (CGL) " claims-made" policy is to provide
,A. additional time for the insured to make monthly reports of
information for rating purposes
B. coverage for events that have happened before the policy became
effective
C. coverage for events that happened up to 5yrs after a claims-made
policy has expired
D Coverage for events that have happened after the retroactive date, but
which were not within 60days of policy expiration. Answer: D.
Coverage for events that have happened after the retroactive date, but
which were not within 60days of policy expiration
⩥ What is the purpose of the employer's liability section of a workers'
comp plicy ( part 2) ?
A. pay for lawsuits filed by an employer
B. Pay for benefits that are normally required by state workers' comp
laws
C. Pa for 3rd-party claims filed against a negligent employer. Answer: B.
Pay for benefits that are normally required by state workers' comp laws
⩥ Truckers who transport hazardous materials are required to have an
endorsement called
A. Form MCS-90
, B. Form W-2
C. Form MCS-70
D. Form 1099. Answer: A. Form MCS-90
⩥ Which of the following is NOT a use of auto symbols in the
commercial auto policy?
A. To determine how coverage will apply to vehicles acquired after the
policy effective date
B. To determine which rating territory applies to the covered autos
C. To custom the policy to the insured's needs by selective the
appropriate coverage. Answer: B. To determine which rating territory
applies to the covered autos
⩥ Coverage for fungi, wet rot, and bacteria on a business-owner policy
is limited to
A. 12k per policy limit
B. 15k per policy limit
C. 15k per occurrence
D. 25K per policy period. Answer: B. 15k per policy limit
⩥ The insured's property ins policy has a deductible clause. This Means
that
